8 ms·

What do you mean by unable to pay? Would it not just be more expensive? Assuming the banks will convert your transactions when you pay. The Russian banks seem

What do you mean by unable to pay? Would it not just be more expensive? Assuming the banks will convert your transactions when you pay. The Russian banks seem to have stockpiled currency, so I assume they will be able to keep the loop going.

jacquesm 5y ago
https://www.reuters.com/business/uk-says-targeting-russian-central-bank-2022-02-28/ https://www.reuters.com/business/uk-says-targeting-russian-c...
muzani 5y ago
As in they will not legally be allowed to accept payments from Russia. There will probably be usage of VPNs and USD/BTC, but that will also probably not be legal too. And even if it were legal, a lot of people and companies will just not do it. The world plans to make things very difficult for Russia should the war continue. Also I just noticed elsewhere on HN that Namecheap has officially sanctioned Russia themselves.
- BaconPackets 5y ago
  That's interesting. I'm not sure where the technicality resides. If that situation is the case, I assume that it would be quite catastrophic for anyone using non-Russian services for IT.
  - jacquesm 5y ago
    That is correct. Hence this Tell HN, unfortunately it got flagged.
    - cutemonster 5y ago
      Why did it get flagged?
      - jacquesm 5y ago
        No idea, flags don't require a reason.
    - Scoundreller 5y ago
      Still on front page, but grayed
      - mkr-hn 5y ago
        Gray just means you opened it since it points to the comments. It's HN's visited link style. It looks like enough people vouched or a mod intervened.
        jacquesm 5y ago
        The latter.
  - azinman2 5y ago
    Cutting off SWIFT I believe is a primary way of making it impossible to pay...
    - astrange 5y ago
      SWIFT is a messaging network and could be replaced by email. They’ve been banned from the US/UK central banks and can’t settle transactions in those currencies at all. Maybe more by now.
- EnOstac6 5y ago
  And this Namecheap sanctions just hit independent students journal DOXA. Four of its journalists are being trialed right now because of January 2021 protests. They are accused for sharing a motivational video addressed to students not to stay silent. Yesterday russian censorship started to block DOXA site, because they published anti-war debate manual. They switched their domain then got sanctioned by Namecheap. It is very hard to host something inside country if you are targeted by censoring.
  - ithkuil 5y ago
    Namespace CEO sad that they make exceptions and you just have to contact them.
  - willis936 5y ago
    While much more limited than a website, I think torrent is a good solution to censorship-resistant file sharing. Getting an index of torrents around is the trick.
alangibson 5y ago
Most (all?) Russian banks got booted from the SWIFT interchange system. That takes away the technical mechanism for doing transfers.

jacquesm 5y ago

https://www.reuters.com/business/uk-says-targeting-russian-central-bank-2022-02-28/ https://www.reuters.com/business/uk-says-targeting-russian-c...

muzani 5y ago

As in they will not legally be allowed to accept payments from Russia. There will probably be usage of VPNs and USD/BTC, but that will also probably not be legal too. And even if it were legal, a lot of people and companies will just not do it. The world plans to make things very difficult for Russia should the war continue. Also I just noticed elsewhere on HN that Namecheap has officially sanctioned Russia themselves.

BaconPackets 5y ago
That's interesting. I'm not sure where the technicality resides. If that situation is the case, I assume that it would be quite catastrophic for anyone using non-Russian services for IT.
- jacquesm 5y ago
  That is correct. Hence this Tell HN, unfortunately it got flagged.
  - cutemonster 5y ago
    Why did it get flagged?
    - jacquesm 5y ago
      No idea, flags don't require a reason.
  - Scoundreller 5y ago
    Still on front page, but grayed
    - mkr-hn 5y ago
      Gray just means you opened it since it points to the comments. It's HN's visited link style. It looks like enough people vouched or a mod intervened.
      - jacquesm 5y ago
        The latter.
- azinman2 5y ago
  Cutting off SWIFT I believe is a primary way of making it impossible to pay...
  - astrange 5y ago
    SWIFT is a messaging network and could be replaced by email. They’ve been banned from the US/UK central banks and can’t settle transactions in those currencies at all. Maybe more by now.
EnOstac6 5y ago
And this Namecheap sanctions just hit independent students journal DOXA. Four of its journalists are being trialed right now because of January 2021 protests. They are accused for sharing a motivational video addressed to students not to stay silent. Yesterday russian censorship started to block DOXA site, because they published anti-war debate manual. They switched their domain then got sanctioned by Namecheap. It is very hard to host something inside country if you are targeted by censoring.
- ithkuil 5y ago
  Namespace CEO sad that they make exceptions and you just have to contact them.
- willis936 5y ago
  While much more limited than a website, I think torrent is a good solution to censorship-resistant file sharing. Getting an index of torrents around is the trick.

alangibson 5y ago

Most (all?) Russian banks got booted from the SWIFT interchange system. That takes away the technical mechanism for doing transfers.