Sberbank CEO Admits to Owning Bitcoin Amid 'BitRuble' Controversy

[OmegaStarScream]

The CEO of Russian bank Sberbank has reportedly admitted to owning a "small amount of bitcoin", after an official from the country said an upcoming 'BitRuble' project was "illegal".

German Greft, the former Minister of Economic Development and Trade of the Russian Federation made the comment at Finnopolis 2015 – a FinTech conference – and noted how he had also fallen victim to the digital currency's volatility.

Speaking at the event, Gref said:

"I am one of the victims, I have a small amount of bitcoins ... Only one currency in the world has devalued more than the ruble – bitcoin."

Coindesk article : http://www.coindesk.com/sberbank-ceo-admits-to-owning-bitcoin-amid-bitruble-controversy/

Now he should step up and add Bitcoin to his Bank 

[runpaint]

That's an interesting comment about something that went from 0 to become the world's most valuable currency, in only 4 years

[spazzdla]

That's an interesting comment about something that went from 0 to become the world's most valuable currency, in only 4 years

Indeed it is eh, funny how people never mentioned the fact it exploded in value.

[coinpr0n]

So he admitted to owning some bitcoin, but it seems more like he is saying that it is not a good thing and should be avoided. Appealing to his local government, maybe?

[S4VV4S]

That's an interesting comment about something that went from 0 to become the world's most valuable currency, in only 4 years

Actually it was sooner than 4 years.
As soon as it was worth but 4 dollars it was already the most valuable currency to exchange.
I don't think any other currency would trade for higher than that.