{"id":1683,"date":"2022-03-17T14:37:57","date_gmt":"2022-03-17T14:37:57","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/03\/17\/if-youre-a-russian-youtuber-how-do-you-get-paid-now\/"},"modified":"2022-03-17T14:37:58","modified_gmt":"2022-03-17T14:37:58","slug":"if-youre-a-russian-youtuber-how-do-you-get-paid-now","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/03\/17\/if-youre-a-russian-youtuber-how-do-you-get-paid-now\/","title":{"rendered":"If you\u2019re a Russian YouTuber, how do you get paid now?"},"content":{"rendered":"<p>Source: <a href=\"https:\/\/www.theverge.com\/2022\/3\/17\/22982122\/russia-youtube-crypto-creators-pay-ruble\">https:\/\/www.theverge.com\/2022\/3\/17\/22982122\/russia-youtube-crypto-creators-pay-ruble<\/a><br \/>\n<code><br \/><\/br><\/code><\/p>\n<div readability=\"151.17553793884\">\n<p id=\"YDTXNw\">When Russia invaded Ukraine, Niki Proshin was already a year into making a living as a vlogger \u2014 he had <a href=\"https:\/\/www.youtube.com\/channel\/UCNmv0SUwrOkEqadKneNRwHg\">a YouTube channel<\/a>, <a href=\"https:\/\/www.tiktok.com\/@nikiproshin?lang=en\">a TikTok channel<\/a>, and <a href=\"https:\/\/www.instagram.com\/nikiproshin\/?hl=en\">an Instagram<\/a>. He also ran an online Russian club for anyone who wanted to learn the language. <a href=\"https:\/\/www.nikiproshin.com\/\">His website<\/a>, like his videos, is in English.<\/p>\n<p id=\"Hx6Obb\">Instagram no longer functions in Russia. Google has stopped selling ads in Russia. It is no longer possible to subscribe to his Russian club via PayPal, which has suspended its services in Russia. Patreon, his other payment option for the Russian club, \u201ckind of works,\u201d but because many Russian banks have been kicked out of SWIFT, he can\u2019t withdraw his money.<\/p>\n<div class=\"c-float-right\">\n<aside id=\"J2fYPP\"><q>\u201cWith everything going on in the world, you can officially call me hairy and bankrupt.\u201d<\/q><\/aside>\n<\/div>\n<p id=\"vSttAG\">\u201cIt is quite painful,\u201d Proshin tells <em>The Verge<\/em>. \u201cIt affects me personally a lot. It\u2019s 95 percent of my income.\u201d<\/p>\n<p id=\"mVwqn4\">It took a whole morning to set up his wallets for cryptocurrency donations. Since then, Proshin has gotten 10 donations in Bitcoin and less than that in Ethereum. But that only brings him to another problem: it\u2019s hard to convert what he receives into rubles. \u201cIn Russia, we have fewer opportunities to withdraw it as cash,\u201d Proshin says. \u201cI don\u2019t understand how I can buy something physically in Russia.\u201d<\/p>\n<p id=\"qaY1UE\">So far, Proshin\u2019s only been able to make one purchase: a VPN, which is essential for accessing the broader web from Russia. Foreign-based VPNs don\u2019t accept Russian bank cards, Proshin noted. They do, however, take Bitcoin.<\/p>\n<p id=\"VY9Mzq\">Proshin isn\u2019t the only English-speaking Russian creator who\u2019s suddenly put up a wallet address. \u201cWith everything going on in the world, you can officially call me hairy and bankrupt,\u201d says Roman Abalin <a href=\"https:\/\/www.youtube.com\/watch?v=bu6xUG9zoRg&#038;t=22s\">in a video posted March 2nd<\/a> on his YouTube channel called NFKRZ (pronounced \u201cno fuckers\u201d). In the video\u2019s description, there\u2019s an address for his Bitcoin wallet. <\/p>\n<div id=\"hAT7xa\">\n<p><iframe src=\"https:\/\/www.youtube.com\/embed\/bu6xUG9zoRg?rel=0\" allowfullscreen=\"\" scrolling=\"no\" allow=\"accelerometer; clipboard-write; encrypted-media; gyroscope; picture-in-picture;\"><\/iframe><\/p>\n<\/div>\n<p id=\"ntZmbp\">For the last 10 years or so, I\u2019ve heard speculation about how useful a non-state currency might be. Historically, gold has sometimes been a stable source of value for people making a quick exit from a country. Crypto proponents suggest that digital currencies can accomplish something similar.<\/p>\n<p id=\"WWmfhO\">Russia and Ukraine are both countries where cryptocurrency adoption is relatively widespread. (Russia <a href=\"https:\/\/www.wsj.com\/articles\/russian-bitcoin-and-other-cryptocurrencies-could-be-part-of-future-sanctions-11645902740\">is the third-largest miner of Bitcoin<\/a>.) The Russian invasion of Ukraine, and the international response to it, is a real-world test of cryptocurrency\u2019s value to ordinary people. Ukrainians have <a href=\"https:\/\/www.theverge.com\/2022\/2\/26\/22952357\/ukraine-bitcoin-ethereum-donation-vitalik-buterin\">been fundraising in crypto,<\/a> and almost <a href=\"https:\/\/www.coindesk.com\/business\/2022\/03\/09\/ukraine-has-received-close-to-100-million-in-crypto-donations\/\">$100 million had been donated<\/a> as of March 9th.<\/p>\n<div class=\"c-float-right\">\n<aside id=\"c4dep4\"><q>The circumstances where an oligarch might want to use cryptocurrency are limited<\/q><\/aside>\n<\/div>\n<p id=\"hfA6q9\">There\u2019s been some concern from lawmakers that sanctioned Russian oligarchs might use cryptocurrency to move their money. On March 7th, <a href=\"https:\/\/www.fincen.gov\/news\/news-releases\/fincen-provides-financial-institutions-red-flags-potential-russian-sanctions\">FinCEN Acting Director Him Das said <\/a>the agency had not seen \u201cwidespread evasion of our sanctions using methods such as cryptocurrency.\u201d FinCEN nonetheless warned financial institutions, especially those that deal with crypto, to be vigilant about unusual transactions.<\/p>\n<p id=\"HihJ1m\">Russian oligarchs have been on notice since the 2014 invasion of Ukraine by Russia \u2014 they\u2019ve had time to start moving their money, says Salman Banaei, head of public policy at Chainalysis. They\u2019ve also had lots of options: shell companies, real estate, <a href=\"https:\/\/www.theverge.com\/2022\/3\/16\/22981097\/russian-yacht-seized-italy-spain-france-hell-yeah\">yachts<\/a>, <a href=\"https:\/\/www.newyorker.com\/news\/news-desk\/the-fincen-files-shed-new-light-on-a-scandalous-episode-at-deutsche-bank\">Deutsche Bank<\/a>, and so on. The circumstances where an oligarch might want to use cryptocurrency are limited since it\u2019s hard to hide a big demand for liquidity, Banaei points out. Why go to all that trouble when you can just use the yuan?<\/p>\n<p id=\"2WeHJz\">Meanwhile, the Russian government has essentially put sanctions on its ordinary people by <a href=\"https:\/\/www.nytimes.com\/2022\/03\/09\/business\/russia-ruble-central-bank.html\">limiting how much currency<\/a> they are allowed to withdraw in foreign denominations, says Banaei. Ordinary Russians who are using cryptocurrency aren\u2019t bypassing American or European sanctions \u2014 they\u2019re bypassing <em>Russian<\/em> restrictions.<\/p>\n<p id=\"jP8dEA\">And <a href=\"https:\/\/twitter.com\/tomrobin\/status\/1499787019047821315\">trading volume<\/a> suggests that Russians are moving into crypto, says Tom Robinson, the chief scientific officer at Elliptic. \u201cThis is most likely average Russians (rather than sanctioned oligarchs), moving into crypto in order to evade capital controls and flee the rapidly-devaluing ruble,\u201d Robinson said in an email.<\/p>\n<p id=\"KaFD8p\">The Russian ruble <a href=\"https:\/\/www.wsj.com\/market-data\/quotes\/fx\/RUBUSD\/historical-prices\">has fallen<\/a> 17 percent against the US dollar from its close on February 23rd to its close on March 16th. The Russian economy is turbulent. Proshin\u2019s day-in-the-life videos have changed. The most recent one <a href=\"https:\/\/www.youtube.com\/watch?v=BUFMSNgNh3s\">features Proshin in a Russian supermarket<\/a>, where he\u2019d shot a day-in-the-life video four months ago. In both videos, Proshin brought 5,000 rubles with him to shop with. Among Proshin\u2019s findings: the price of fish went up 60 percent in just four months, and even vodka is more expensive. <\/p>\n<div id=\"qUzGhN\">\n<p><iframe src=\"https:\/\/www.youtube.com\/embed\/BUFMSNgNh3s?rel=0\" allowfullscreen=\"\" scrolling=\"no\" allow=\"accelerometer; clipboard-write; encrypted-media; gyroscope; picture-in-picture;\"><\/iframe><\/p>\n<\/div>\n<p id=\"PBK2PW\">A lot of English-language Russian YouTubers have similarly changed their focus, though not all. (Some language-learning channels contain only language lessons and no political commentary.)  On the channel <a href=\"https:\/\/www.youtube.com\/user\/natanyabolotova\/featured\">Natasha from Russia<\/a>, Natasha is also chronicling how ordinary Russians are experiencing sanctions. Life of Boris, a YouTube channel with 3.4 million subscribers, put up <a href=\"https:\/\/www.youtube.com\/watch?v=BEuLeLt6qsk\">a video entitled \u201cAll is Lost\u201d in February<\/a> and has posted nothing since (\u201cI have nothing to say besides that I am ashamed,\u201d Boris says in the video). Proshin and Abalin are outliers: the majority of these channels have not posted cryptocurrency wallets to try to make up for lost income. <\/p>\n<p id=\"ce5o9b\">Victoria Terekhina <a href=\"https:\/\/www.youtube.com\/watch?v=M6fZ3HgYwWI&#038;t=1466s\">left Russia with her family<\/a> and has posted a Patreon link; since she\u2019s now in Uzbekistan, she is no longer cut off from the global financial system. NFKRZ\u2019s Abalin has also since left Russia, though he\u2019s not sure how long he\u2019ll stay away. <\/p>\n<p id=\"FxK97B\">For Banaei at Chainalysis, the troubles that Russians are encountering now have a familiar ring to them \u2014 his own family left Iran after the Iranian revolution. \u201cYou\u2019re just looking for whatever way you can to hold on to as much wealth to take with you to your new country, or even just to stay within your own economy,\u201d he says. Faced with dwindling choices, some ordinary Russians are trying out cryptocurrency as a solution. And the public blockchain means we can actually see if adoption takes off.<\/p>\n<\/div>\n<p><code><br \/><\/br><\/code><\/p>\n<p>Source: <a href=\"https:\/\/www.theverge.com\/2022\/3\/17\/22982122\/russia-youtube-crypto-creators-pay-ruble\">https:\/\/www.theverge.com\/2022\/3\/17\/22982122\/russia-youtube-crypto-creators-pay-ruble<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: When Russia invaded Ukraine, Niki Proshin was already a year into making a living as a vlogger \u2014 he had a YouTube channel, a TikTok channel, and an Instagram. He also ran an online Russian club for anyone who wanted to learn the language. His website, like his videos, is in English. Instagram no [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1684,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[15,8],"tags":[16],"class_list":["post-1683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-policy","category-technology","tag-policy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>If you\u2019re a Russian YouTuber, how do you get paid now? - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2022\/03\/17\/if-youre-a-russian-youtuber-how-do-you-get-paid-now\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"If you\u2019re a Russian YouTuber, how do you get paid now? - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source: When Russia invaded Ukraine, Niki Proshin was already a year into making a living as a vlogger \u2014 he had a YouTube channel, a TikTok channel, and an Instagram. 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