"[Bitcoins] are backed by nothing. This money [is backed by nothing], that's the point, this is the major problem. They are not really linked to anything and backed by nothing," Putin said. "However as an accounting unit, these 'coins' or whatever are they called, they can be used, and their adoption becomes wider and wider. As some kind of unit in some account, probably, it's possible."
Their worthless monopoly money that is rRbbles aren't backed by anything but blind faith either. I guess this isn't negative news though so glad they're not anti-bitcoin like many people thought initially.
Lol.