Russian officials are confident that the country lacks cryptocurrency
Russia and Azerbaijan continue economic cooperation
There is a need to introduce cryptocurrency in the country, considers expert
Russians are not ready to spend money on bitcoins
Russia and Azerbaijan should issue their own national cryptocurrencies. Such the idea was voiced by the Deputy Chairman of the Committee on education and science of the State Duma of the Russian Federation Boris Chernyshov during his speech at an online conference at theme “Russia-Azerbaijan: joint ways out of the post-epidemiological and energy crisis”.
Why does Russia need crypt?
As the official explained, the epidemic of coronavirus infection stimulated the development of Internet commerce. Today this sector of the economy is developing at a rapid pace not only in Russia, but also in other CIS countries. Travel restrictions within cities are forcing residents to order food, clothing and essentials online. And the introduction of cryptocurrency could help yet more development of this direction.
An example of a successful policy Chernyshov led China where already put into circulation a national digital currency – crypto-yuan. In May, employees of the city administration of one of the cities of the country will receive salaries in digital currency that will be equated to regular fiat money. By the way, just recently BeInCrypto reported that in network leaked screenshots of the mobile app for storing and sending the digital yuan, which is very similar in design to the popular Chinese messenger WeChat and the AliPay payment system. Although rather Total, this is not the final design.
Russia and Azerbaijan actively cooperate in many aspects of business, including online commerce. but so far, neither Russia nor Azerbaijan is considering the possibility of introducing digital of money. how earlier stated chapter Central bank Russian Elvira Nabiullina, the Russian fiat ruble should be the only legal payment means. Of course the Russians may buy cryptocurrency, and then exchange it for rubles, as is the case with dollar and euros. However, pay with cryptocurrencies for goods and services will be impossible. By the way, the Russians themselves are in no hurry to buy crypto.
Russians have no money for bitcoins
Earlier, BeInCrypto reported that residents of the country intend significantly reduce your spending in the near future time. The majority of respondents said that they are ready to save even on food, and do not think about buying expensive things at all.
The most economical were Millennials are recognized, which stated, what do they plan to cut their spending at least 20%. It is this group is an the main consumer of cryptocurrencies. Rather Total, decision to save money will also affect the domestic crypto market. IN this Business Development Director has no doubts cryptocurrency exchanges EHMO Maria Stankevich. As she stated earlier in an interview for BeInCrypto, cryptocurrencies and bitcoin, particularly as a luxury car, convertible or yacht. They are bought in the last turn, if there is money, but they are sold first if there is a need for cash.
Therefore, most likely, in the current year there will be a certain decline in the purchase of cryptocurrency in Russia.
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