Russia will buy Bitcoins for USD 10,000,000,000
Vladislav Ginko
According to Vladislav Ginko, lecturer at the Russian Presidential Academy of National Economy and public administration in Moscow, the Russian government could consider buying a $ 470 billion in bitcoins as a way to convert some of the reserves from Fiat into cryptocurrencies.
One respectable economist claims that such a plan would be implemented in stages due to its size, however, although it was not confirmed, his estimates indicate that in the same quarter the Putin administration would be interested in buying at least $ 10 billion
If this is true, how much will the price of Bitcoin increase?
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