Russian is planning to have its own version of Bitcoin backed by the Sberbank.
"Sberbank CEO Herman Gref has “agreed” on the development of a Russian national cryptocurrency with the country’s central bank. Sberbank is Russia’s major state-controlled bank. In unofficial reports from local news aggregators, the so-called “Russian Bitcoin” will use Sberbank as its base and will be “the only cryptocurrency freely available for sale and purchase” in the country. “All other [cryptocurrencies] will only be available via exchanges or trading platforms,” the Telegram news channel DeСenter reports Friday.
"https://cointelegraph.com/news/russian-bitcoin-will-be-countrys-only-freely-tradable-crypto-sberbank-ceoWhat type of impact(s) will this have on the original Bitcoin? Would the Russian Bitcoin survive? Would the original Bitcoin be treated as a lower "second tier" crytocurrency in Russia or even in the world? Would the original Bitcoin value goes down?
What is your thought on this?