Russian economists call for strategic strategic reserve

A prominent Russian economist Moscow warned against developing a strategic national bitcoin reserves, describing encryption stocks as a “time bomb”.

According to the Russian media, the comments came from Valentin Katassonov, president of the Russian SF Sharapov Economic Association and the economist.

Katchanov said he was concerned about the need for “Russia” to follow a warning approach to “the idea of” creating a coding reserve. “Valentin Katassonov, president of the Russian SF SFSArabov.

Economist used symbolic to explain his point of view, re -creating a national coding reserve for “landmines” in Russia.

Katassonov claimed that the encryption was “not” forms of “money” from “money”, but “speculative tools that could pose threats to the economy.”

“[Talk about creating strategic crypto reserves] It is a way to amplify bubbles. If the bubble explodes, everything will be fine as long as the economy stands up. However, regardless, there are still many victims. ”Katasonov

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Katasonov hit Crypto advocates who call “the introduction of symbols” into the “official economic system”.

They were called “The Fifth Pillary Book”, and suggested that they intend to “undermine the economic security of the country.” Central Bank office building in Moscow, Russia. (Source: Dzasohovic [CC BY-SA 4.0]))

The economist also made suspicion of other countries’ plans to launch the Bitcoin strategic reserves.

He pointed out that “while some countries, like the United States, are considering establishing Bitcoin (BTC) reserves, the process” is still far from practical implementation. “

Katassonov concluded that “no country” in the world has not “had a successful experience in launching official encryption reserves.”

Some critics may refer to the example of El Salvador, whose government has begun on a budget program for bitcoin in 2021.

However, in recent months, the issue of BTC Shipc Shipping has become under the limelight of the International Monetary Fund (IMF), which reduces the country’s bitcoin axis.

The sources say: Russian oil exports from their western ports are scheduled to rise by 5 % in April.

The Russian Central Bank recently excluded the idea of ​​creating a BTC strategy reserve based in Moscow.

The country’s Ministry of Finance also said that the country will continue to buy the Chinese gold and yuan exclusively.

However, the Ministry claimed this month that if the level of liquid funds in the National Welfare Fund reaches a level equivalent to 7-10 % of Russia’s gross domestic product, Moscow can “think” of buying “risk” and “higher” assets such as encryption.

Prime Minister Mishustin📈 4.1 % of GDP in 2023💰 said that the Russian economy reached 200 trillion rubles (2.37T) in 2024, which increases six times from Europe.

Regardless, Moscow appears to be increasingly keen on encryption, as some prominent legislators express cautious attention to the development of a Russian BTC fund.

Some have claimed that the failure to “respond” to Washington’s plans to create BTC stocks will allow the United States to take the initiative in the encryption sector.

In late December of last year, Finance Minister Anton Silwanov spoke to university students who asked him about the establishment of a Russian encryption reserve.

Siluanov that the cabinet should accept that purchasing assets with low risk would allow Moscow “less gain, but keep its powder dry.”