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Author Topic: Putin endorsed Ethereum  (Read 454 times)
HelperAdvisorsLLP
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March 18, 2018, 01:06:41 PM
 #21

This is a great news especially in Ethereum.

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Russian President Vladimir Putin endorsed cryptocurrency and Bitcoin rival, Ethereum, earlier this year. What does this mean for the future of the Russian technology industry and fintech in the long term? Is Russia one-step ahead with Burger King’s WhopperCoin? With geopolitics being at the forefront of everything Russia does and those experimenting with cryptocurrencies still in doubt and insecure, Putin’s interest was treated with caution.
Source : https://www.forbes.com/sites/madhvimavadiya/2017/08/29/putin-ethereum-fintech/amp/

With this endorsement will Russia get a spot in global share in crypto , what do you think guys? Grin

hahaha, I think that's impossible
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March 21, 2018, 09:49:21 PM
 #22

I think that this will allow many citizens of Russia to significantly improve their financial situation. But I also heard that in Russia they want to prohibit bitcoin because they do not consider it a full currency.
Whether this is in fact, time will tell. If bitcoin is banned, then this is a step backward in development.

Not sure if I believe this. I guess Putin holds some ETH. Time will tell if this is true.
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March 21, 2018, 10:19:57 PM
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Ye I've heard vitalic is advising him on how to best make a state issued currency. This could be a move to safeguard his future incase we see a crackdown from the SEC
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April 02, 2018, 11:39:21 AM
 #24

There is a conspiracy theory that they cooked up a plan to control Ethereum.
Putin clearly wants to disrupt American power any way he can.Disrupting american coin as a reserve currency is a part of this.He knows that the russian ruble is not a contender.So why not promote an alternative?
Russia in plus has a lot of people with crypto expertise who will benefit of Ethereum.
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