CryptoRuble announced: Will it change the game?

in crypto •  7 years ago  (edited)

Thanks for following Steemians! Huge news to talk about, as Russia has announced formally that they are preparing to release the CryptoRuble to the world. I wonder what you think the implications are for all crypto-currencies and their overall adoption adoption on the world stage?

putin.jpg

I think Bitcoin is going to go up sharply in response to this news until February or March, perhaps as much as 5 times, as society opts for an open-sourced monetary replacement solution rather than a government-controlled crypto-currency in the long-term, but trading with CryptoRuble is likely to be prosperous until competition emerges from rival countries with their own government backed currency. Either way, I'll be watching with great interest.

Let's discuss!

Link to the source here: https://cointelegraph.com/news/breaking-russia-issuing-cryptoruble

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