BIG HUGE International crypto/s validation by Russia, but not for day to day use.

less than 50 % rule.

Digital financial assets, including cryptocurrencies, will be permitted to сirculate legally in Russia soon, but if you're planning to go shopping with bitcoin, or other variants, forget it. They won't be legal tender.

According to the new rules, due to come into force in January 2021, Russian citizens will be allowed to buy and sell bitcoin and other digital denominations. Until now, various cryptocurrencies have been in a “grey zone,” as the state did not recognize their existence, but no penalties for mining or buying them existed either.

there is also a prediction by Max K, that bitcoin will get to 100000 USD and that whoever tries to stop it will lose, i wonder what this all will do for state backed cryptos?

Link to the interview by Max

[link to www.rt.com (secure)]

Its very interesting to see the spectrum different approaches to crypto, vis a vis Russia and China.

Speculation for years now about what will happen when a major power backs its own crypto with Gold, i wonder who will be first?

Lets see what Gold and Silver do, and then work that in with my last post, is it possible, the money power will be left in the cold.

Thoughts anyone?