Yes, the positive signal from President Putin is enough to make the market appreciate even though there are many other supporting factors. The conditions for Russia and China, which are rumored to be replacing China, are slightly different because Russia is currently looking for an alternative after the US policy on Russia since 2014.
When there are influential people that are telling something positive about bitcoin, the market always reacts. And if someone like Putin tells the same then for sure we're going to see unstoppable market reactions in a positive manner. That's really what we need to have and not those experts in an economy that are telling that bitcoin don't have any value and it's not going to live any longer. But in the end, they are the ones that are even accumulate first than the rest.
Yes, when influential people reveal something positive about cryptocurrencies, automatically the market turns progressive. Putin and Russia were against cryptocurrency in the earlier years. Now this has changed, because even without any legal framework people continue using it. To avoid unwanted mess, government have taken some positive decisions on cryptocurrency regulations. Now Putin also revealed his positive statement on cryptocurrency in his interview. Another thing more miners moving to Russia. This way what Putin believes is made to be true.
It's changed a lot and that perspective and narrative portray very positive to bitcoin. This will change the outlook of others upon hearing that it's Putin that has said that bitcoin has value. A powerful guy that considers it, those words were very plain and simple yet the impact to it to the market and changing the perspective of others is truly encouraging and attractive. Are there more miners moving to Russia? is there any source that can validate that thing?