Russian President Vladimir Putin emphasized the unstoppable development of new payment tools, including Bitcoin, at the "Russia is Calling!" investment forum on December 4th. He stated that no one can ban Bitcoin or other electronic payment methods, as these technologies are naturally evolving to reduce costs and enhance reliability. Putin highlighted that the decline in the dollar's global usage could weaken its economic foundation, prompting countries to seek alternative assets like cryptocurrencies.
Putin criticized the current US administration for undermining the dollar's role as a global reserve currency by using it for political purposes. This, he argued, is driving nations to diversify their reserves with cryptocurrencies and other assets. He questioned the rationale behind accumulating foreign exchange reserves if they can be easily lost, suggesting a shift towards more resilient financial tools.
Putin Asserts Bitcoin's Unstoppable Growth Amid Global Payment Evolution
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