Putin’s advisor proposes crypto currencies for economic sanctions!

Russian economist and adviser Sergei Glazyev suggests President Putin to use crypto currencies for Western economic sanctions. The US and its partners made sure with their blockade policy that you have to come up with something new. Glazyev is also in favor of issuing his own crypto rubles.

As reported by the Rambler News Service (RNS) on Tuesday, a meeting of Russian Presidential Administration focused on crypto currencies and what legal regulations should govern them. Glazyev described crypto currencies as ” an objective need ” to counter restrictions imposed on the Russian Federation. In his view, there is an ” objective need ” for this ” instrument “. As is well known, Russian banks are subject to external sanctions and can not settle in certain circumstances. According to Glazyev, crypto currencies are suitable even for the payment of ” sensitive state activities“. What this means in concrete terms was unfortunately not carried out by the RNS. Glazyev emphasized that the ruble could only be used by the government because of the sanctions. Putin’s advisor also said that he supports the idea of ​​creating a national, and therefore government, crypto currency. However, the exact name for the digital ruble is not known yet, according to Glasyev. In his view, the new digital currency is to be issued by Blockchain technology from the Russian Central Bank. Just like the ordinary ruble, too. In addition to cash and property, there should thus be a national digital currency in the future.

Background: The nearly 57-year-old Sergei Yuriyevich Glazyev is a habilitated economist and politician, who worked in the early 1990s in the Russian government. He is also considered one of President Putin’s key advisers in the Ukraine crisis in 2014.


Julian Assange uses news for criticism of the US

Wikileaks spokesman Julian Assange uses the burgeoning theme for his own purposes. A few years ago, Bitcoin was introduced to the disclosure platform as a new donation option after the US government wanted to turn it off after the first big releases. At that time, several US companies such as PayPal or Mastercard unilaterally terminated their contract because they did not want to promote ” illegal activities “. At the same time, the accounts at Swiss Post Finance and VISA were also blocked in 2010. Hours later, the Wau-Holland Foundation was threatened with a review by auditors, as their account was suddenly one of the last donation opportunities. All coincidence? Hardly likely.

Assange was answered by Twitter on Twitter . You should do it right the first time. Meaning: If Wikileaks already a crypto currency for donations is used, then please only the Monero, because the Bitcoin is not anonymous. Assange did not respond. In the absence of further information, it remains to be seen how strong the focus of the planned crypto-ruble will be on protecting the identity of the sender and receiver. Fact is also: For anonymous transfers, the Presidential Administration of Russia would not have to create a new digital currency. The Monero , even if he is not controlled by the state, there is already.

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