[2016-11-04] More Deputies Of Ukraine Support Bitcoin As A Stronger Currency

[Nina Lyon]

In recent days, several reports were published in Ukraine’s media, telling about national deputies declaring their wealth in cryptocurrency. Is it possible that deputies don’t believe in the national currency and want to promote Bitcoin as the state currency? CoinIdol.com analysed the situation.

Read more: https://coinidol.com/bitcoin-declaration-fever-among-ukrainian-elite/

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[Goms]

I suppose it is because they are afraid their local currency might become highly devalued with time.

[aso118]

I suppose there could be a lot of undeclared wealth in Bitcoin as well.
It is easier to put bitcoins in cold storage rather than try and stash your wealth in Swiss bank accounts.