The head of Russia's Central Bank: cryptocurrency more disadvantages than advantages

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2018-09-07 20:45:05

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The head of Russia's Central Bank: cryptocurrency more disadvantages than advantages Source:

The cryptocurrency more disadvantages than advantages. This statement during a conference of the International monetary Fund was made by the head of the Central Bank of Russia Elvira Nabiullina, says .

The Head of the Central Bank adheres to konservativnykh views on digital assets. According to her, investing in cryptocurrency people should assess the risks and understand that you can lose money.

the

What will happen to cryptocurrency in Russia

I see more flaws in the cryptocurrency, it is dangerous and can be used for money laundering. However, we must understand why it is so attractive to people. It's fast, economical cost, allows fast transactions between countries.

According to Nabiullina, the Central Banks of various countries should develop a secure counterparts cryptocurrency that would be "economical and will allow you to quickly carry out transactions across countries."

Yesterday the special representative of the RF President on the issues of digital and technological development Dmitry Peskov that Russia should not be the first to adopt the cryptocurrencies. For the country's economy will be much better to see someone else's example, to correct errors and avoid technology-related risks.

Judging by the position of the highest Russian officials, it is unlikely that cryptocurrencies in Russia will become a full-fledged alternative to the dollar, the Euro and other Fiat currencies. At least in the near future.

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