ការបំបែក DR;
- US billionaire Bill Miller says the ongoing crisis is bullish for Bitcoin.
- Russia can adopt BTC as a reserve asset.
- The US wants more regulatory frameworks to ensure crypto isn’t used for sanctions evasion.
More restrictions and tougher sanctions have been globally announced against the Russian Federation following the escalation of the crisis involving Ukraine. Russia reportedly has a significant percentage of its reserve in foreign currencies controlled by the same authorities who pronounced the sanctions.
In this case, US billionaire and investor Bill Miller opined that Russia might seek a self-sovereign alternative like Bitcoin (BTC), and that will be bullish for the world’s largest cryptocurrency.
It’s very bullish for Bitcoin particularly
Speaking at CNBC “Squawk Box” on Wednesday, Miller បានរៀបរាប់ that the Russian government has almost 50% of their reserve in foreign currencies controlled by the United States and European government, they “people who want to do them harm,” he said. Only 22% of the reserve are held in gold, which isn’t controlled by any government.
Such an allocation is not a great position for Russia. Hence, they could seek an alternative like Bitcoin, which is not controlled by governments and is unaffected by inflation.