Putin: The development of new payment instruments is evolving naturally, and no one can ban Bitcoin

According to the interface coverage, Russian President Vladimir Putin said at the "Russia is calling!" investment forum that the development process of new payment tools is proceeding naturally, which is an inevitable process.
"For example, Bitcoin, who can ban it? No one. Who can ban the use of other electronic payment instruments? No one, because these are new technologies. No matter what happens, no matter what happens to the dollar, these instruments will develop in some way, because everyone will try to reduce costs and improve reliability," Mr. Putin said.
"If the use of the dollar in the world continues to decline, that of course undermines the foundations of its economic strength. This is very clear," Mr. Putin said. "A legitimate question is: if foreign exchange reserves are so easy to lose, why accumulate them?" He said the current US administration was undermining the dollar's role as a global reserve currency, "using it for political purposes" and forcing many countries to turn to alternative assets, including cryptocurrencies.