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Moscow speeds up a step when Washington accepted bitcoins. Soon Russian strategic reserve?
Tension rises
It’s done, the United States officially accepted bitcoins as a reserve currency. Bo Hines, one of the twelve members Crypto President “Buy as many bitcoins as possible”. Exists “No limit”.
It would seem that Americans want to act quickly and strongly to have the grass under their feet. Senator Cynthia Lummis has just introduced the “bitcoin act” of the Senate, which thanks to the sale of Golden Stocks offers a purchase of 200,000 BTC per year.
A dozen senators have already supported. Senator Jim Justice started at the beginning of the week: “We went from a horse to the car, then on the plane and now we focus on Mars.” In the world of finance we have to do the same. ”
For this reason, the CEO of the Coinbase Exchange platform is also. He declared some time on the occasion of the World Economic Forum:
“Bitcoin is a better form of money than gold.” It is important that governments retain bitcoins as a reserve of value. In the beginning it may be 1 % of their reserves, but I think that the share of bitcoins will be the same, even greater than the share of gold. »»
Mr. Armstrong thinks that the American strategic reserve will bring the rest of the G20 to be interested. CEO COINBASE CEO also revealed this Thursday that the start of the United States Bitcoins strategic reserve has aroused increased interest from governments around the world …
In other words, several countries are already trying to stylize the United States in the post.
Domino
We know that the Czech Republic is considering locating part of its Bitcoins reserves and that several countries have already had this courage. This is the case of Bhutan, Salvador or the United Arab Emirates.
The lines also move in Russia, where Anton Tkachev, a few months ago, proposed to create a strategic reserve. Vladimir Putin himself praised Bitcoins as an alternative to foreign currency reserves.
“Why accumulate reserves if they can be lost so easily?” »»He said last December. For the Russian President, Bitcoin is a potential solution: “Who can disable bitcoins?” Person. Whatever the dollar happens, these new technologies are evolving (…) ”.
Biriver CEO Igor Runets, the largest Russian minor, also mounted a niche on his telegram account: “Is there a logical question: Is a bitcoin strategic reserve in Russia? There is no doubt that it will benefit the Russian financial system.
It was written that the disconnection of Swift and the frost of his reserve would push Russia on bitcoins. In addition, Mr. Putin did not publish these sanctions for a fundamental condition for peace with Ukraine. Maybe he has the idea of betting on bitcoins when the United States is all-in?
This is actually. Reuters today reports that Russian oil companies are already using it to trade in China and India…
It is only a matter of time before the world uses bitcoins as an international reserve currency and an alternative payment system.
Don’t miss our article: The United States will delete the debt through Bitcoin.
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.