A video of President Putin, answering questions about cryptocurrencies, was widely shared on Twitter.
A video of President Putin, answering questions about Russia issuing a cryptocurrency, was widely shared on crypto Twitter. The 33-second clip shows a young Russian citizen asking President Putin three questions. The first question he asks is whether Russia will have its own cryptocurrency. For the second question, he asks President Putin whether that cryptocurrency will be regulated. Third, he asks President Putin whether this cryptocurrency can replace the country’s regular fiat currency. President Putin responds to the young gentleman as follows:
“Well, the question you are asking is incorrectly asked because Russia having its own cryptocurrency is impossible by definition.
Just as it is impossible for any other country to have its own cryptocurrency, because if we are talking about cryptocurrency, it is something that is beyond national borders. ”
President Putin Real’s video?
Anthony Pompliano (@APompliano) was one of the first to share the video on Twitter with which he added a warning that implied that the video’s legitimacy had not been confirmed. Pompliano then explained that the video shows how well Bitcoin (BTC) is understood by the most powerful individuals in the world.
“If this video is real, it highlights how well understood Bitcoin is by the most powerful people in the world. The next reserve currency will not be controlled by a national state. ”
Tone Vays confirms the translation and praises President of Russia
After Anthony Pompliano tweeted the video, Tone Vays retweeted, saying the Russian translation was correct. Vays also suggested that the video’s legitimacy had not been confirmed. He also added that President Putin understood cryptocurrencies and Bitcoin (BTC) better than 99% of investors in the crypto universe and 100% of haters. His full statement is as follows:
I can validate that the Translation is correct. Assuming the video is real, Putin understands Crypto Currency & #Bitcoin better than 99% of the people in the Cyrpto Space, and 100% of the Shitcoiners. https://t.co/FU0oBsakxu
– Tone Vays – TheFinancialSummit.com (@ToneVays) April 28, 2020
“I can confirm that the translation is correct. Assuming the video is real, Putin understands cryptocurrencies and #Bitcoin better than 99% of people in the crypto universe and 100% of shitcoiners. ”