Post
Topic
Board Bitcoin Discussion
Re: Russian Central Bank Acknowledged Bitcoin as the most performing asset
by
cryptomaniac_xxx
on 17/05/2025, 12:42:34 UTC
That is from the Central Bank that has detestfully condemned Bitcoin for years. But now appreciate Bitcoin because it has helped them. Russians now realise the beauty of the decentralisation of Bitcoin against the dominance of the Western world. Wink

Quote
According to PANews, the Russian Central Bank has identified Bitcoin as the best-performing asset in the Russian financial market for April 2025, with a price increase of 11.2% during the month. The bank also highlighted Bitcoin's year-to-date performance, which leads with a return rate of 17.6%, surpassing stocks, bonds, and gold.
https://www.binance.com/en/square/post/05-16-2025-bitcoin-recognized-as-top-asset-by-russian-central-bank-in-april-2025-24301170852802

Bitcoin's protective covering is mistaken for individual protection alone, not knowing it's also for countries against foes and external financial restrictions and intimidations from other countries and powers.

Oh well, I do remember back then like in 2018 wherein Russia's statement on Bitcoin and crypto in general is bad. And so we learn to take that everything they said with a bag of salt. But now they are singing a different tune as they are in a war and sanctions here and there.

Specially when Trump won the election, they suddenly go into public and telling that Bitcoin is a great asset. What a turn of events but I guess everyone who wanted to survived will do everything, including make a huge U-turn and then accepting Bitcoin. There might be another country that might follow and suddenly their authoritative government embraces Bitcoin.