Post
Topic
Board Economics
Re: Russia to replace USD reserves with Bitcoin
by
UNOE
on 02/05/2019, 21:09:17 UTC
Due to US sanctions , Russia may well start to invest its reserves in Bitcoin. Ive heard this rumour for months, but it looks more and more logical and likely.

https://toshitimes.com/russia-plans-to-replace-u-s-dollar-with-bitcoin/

This article sums it up pretty well and if it does become true, it will surely bring a very strong bullish trend .
That would be interesting to see from Russia, especially it would be interesting what will do other countries after Russia investing in Bitcoin. Maybe other countries will follow same path and Bitcoin becomes trully digital gold. I heard rumour that Russian oligarchs which are one of the richest people in Russia are heavly investing into Bitcoin and other cryptocurrencies, but I did not see their wallets and I do not know is that really true.