According to the President of Russia, in the future, digital assets can be used as a store of value, but now they are very unstable and so far are not provided with anything.
Cryptocurrency has a place in existence and can be used as a means of payment, says Russian President Vladimir Putin. In an interview with the American television channel CNBC, published on the Kremlin 's website, he said that in the future, digital assets can begin to be used as a store of value.
“Contracts in cryptocurrency? It is too early to talk about this … In order to transfer funds from one place to another, yes, but to trade, especially to trade in energy resources, in my opinion, it is still premature, "Putin said.
He added that he does not believe that cryptocurrency is worth anything. The President of Russia pointed out that the release of digital assets requires a large amount of energy, for the production of which it is necessary to use hydrocarbons.
Putin agreed that people like Tesla and SpaceX CEO Elon Musk are essential for the development of cryptocurrency settlement. In February of this year, Tesla bought bitcoins for $ 1.5 billion, and also temporarily added the ability to buy electric vehicles for cryptocurrency.