Latest From Putin And Xi Suggests Growing Political Interest In Bitcoin
By Mike Hobart Russia and China have been submerged in many tense political issues lately and both have been subjected to threats of economic sanctions. The most recent is related to Russia’s latest statement that confirms its support of China in its disputes with Taiwan. Just a few days ago, Russia’s president, Vladimir Putin, issued a letter that detailed ongoing trade between the two countries and mutually-beneficial infrastructure projects.
“We are consistently expanding settlements in national currencies and creating mechanisms to offset the negative impact of unilateral sanctions,” Putin wrote in his letter to the Chinese people. Mutual cooperation for energy production is also mentioned and not long ago, Vladimir Putin mentioned Russia's interest and advantages in bitcoin mining. Reading between the lines of such a letter, it doesn’t seem that far fetched to suggest a mutual interest in using bitcoin to minimize any possible sanctions. | 