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Russian Economy On Verge of Collapse-Putin Endorsing Bitcoin

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Russia has overspent on its military industrial complex and faces an economic disaster. To compensate, Putin has pivoted towards Bitcoin and has demanded that the Russian banks embrace Bitcoin by removing any institutional obstacles to the integration of this cryptocurrency.

Russia has overspent on its military industrial complex and faces an economic disaster. To compensate, Putin has pivoted towards Bitcoin and has demanded that the Russian banks embrace Bitcoin by removing any institutional obstacles to the integration of this cryptocurrency.

 

By | 2017-10-26T21:51:54+00:00 October 12th, 2017|Conspiracy, Featured, Main|3 Comments

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3 Comments

  1. Steven D October 12, 2017 at 8:27 am

    Smart move once China gets Saudi Arabia and Iran to use Yuan there goes the petrodollar and all fiat currencies reach there true value of 0

  2. Mike October 12, 2017 at 10:36 am

    All the bankers would have to do is taise the price of gold to 5,000 an ounce and those Countrys with the gold would make out. Looks like Russia and I believe the Usa better buy gold paint and bricks. I believe they are both out.

  3. Gerard Trip October 12, 2017 at 1:46 pm

    Russian government debt currently stands at US$192 billion, and budget deficit at just US$26 billion, on an economy of US$1.3 TRILLION. Russia has huge reserves of gold plus foreign exchange reserves of$427 billion. Dave, Russia is not in the least bit of trouble. Indeed it is one of the strongest economies in the world. And this is after the fall in oil price, sanctions and huge military industrial complex spending!!! And the move to cryptocurrency is to further get the world to dump US dollars, hastening the US dollar demise.

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