PANews reported on December 10th that, according to Jiemian News, Russian President Vladimir Putin stated at the "Russia is Calling!" investment forum on December 4th that the development of new payment tools is proceeding naturally and is an inevitable process. "Take Bitcoin, for example, who can ban it? Nobody. Who can ban the use of other electronic payment tools? Nobody, because these are all new technologies. No matter what happens, no matter what happens to the dollar, these tools will develop in some way because everyone will strive to reduce costs and improve reliability," Putin said. “If the dollar’s usage continues to decline globally, it will certainly undermine the foundation of its economic strength. That’s very clear,” Putin said. “A reasonable question is: if foreign exchange reserves are so easily lost, why accumulate them at all?” He stated that the current US government is 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.PANews reported on December 10th that, according to Jiemian News, Russian President Vladimir Putin stated at the "Russia is Calling!" investment forum on December 4th that the development of new payment tools is proceeding naturally and is an inevitable process. "Take Bitcoin, for example, who can ban it? Nobody. Who can ban the use of other electronic payment tools? Nobody, because these are all new technologies. No matter what happens, no matter what happens to the dollar, these tools will develop in some way because everyone will strive to reduce costs and improve reliability," Putin said. “If the dollar’s usage continues to decline globally, it will certainly undermine the foundation of its economic strength. That’s very clear,” Putin said. “A reasonable question is: if foreign exchange reserves are so easily lost, why accumulate them at all?” He stated that the current US government is 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.
Putin: The development of new payment tools is an inevitable evolution, and no one can ban Bitcoin.
PANews reported on December 10th that, according to Jiemian News, Russian President Vladimir Putin stated at the "Russia is Calling!" investment forum on December 4th that the development of new payment tools is proceeding naturally and is an inevitable process. "Take Bitcoin, for example, who can ban it? Nobody. Who can ban the use of other electronic payment tools? Nobody, because these are all new technologies. No matter what happens, no matter what happens to the dollar, these tools will develop in some way because everyone will strive to reduce costs and improve reliability," Putin said.
“If the dollar’s usage continues to decline globally, it will certainly undermine the foundation of its economic strength. That’s very clear,” Putin said. “A reasonable question is: if foreign exchange reserves are so easily lost, why accumulate them at all?” He stated that the current US government is 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.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Chainlink and Sooho․IO Power Korea’s Stablecoin FX Innovation Under Project Namsan
Sooho․IO and Chainlink launch Project Namsan to cut foreign exchange costs with a stablecoin-based voucher system in Korea. Pilot with Grand Korea Leisure shows tourists saved over 30% on exchange fees using digital won vouchers backed by stablecoins. Project Namsan has been launched in Korea by Sooho․IO in partnership with Chainlink to test a stablecoin [...]]]>
Share
Crypto News Flash2025/09/23 12:55
Dr. Eric Esrailian’s Approach To Impact
The post Dr. Eric Esrailian’s Approach To Impact appeared on BitcoinEthereumNews.com. LOS ANGELES, CALIFORNIA – JULY 24: Dr. Eric Esrailian speaks onstage during the 2025 Social Impact Summit by The Hollywood Reporter and Social Impact Fund on July 24, 2025 at the DGA in Los Angeles, CA. (Photo by Monica Schipper/The Hollywood Reporter via Getty Images) The Hollywood Reporter via Getty Images Many leaders are advised to “stay in their lane.” Dr. Eric Esrailian has spent his career doing the opposite. A physician, Emmy-nominated film producer, philanthropist and social innovator, he has built coalitions across medicine, entertainment, government and philanthropy. His latest initiative, Together California, co-founded with actor Christian Bale, aims to reform foster care by keeping siblings together. It is a powerful example of how leaders can focus on leading systemic change. Medicine as a Foundation for Systemic Change Esrailian’s career may look eclectic to outside observers. To him, there’s always been consistent logic. “In my life, there’s a through line that I see all the time with any project I’m working on,” he explained. “All of these realms are some way to heal people. Medicine is naturally a way to help, but I began to see communities – and even the world – as the patient.” That perspective shaped his transition from physician to administrator at UCLA, where he now influences major initiatives in healthcare and innovation. He views his skills from medicine – diagnosing complex problems under pressure, leading teams in critical situations, and rapidly synthesizing information – as directly translatable to leading systemic change across industries. Storytelling as a Catalyst for Systemic Change HOLLYWOOD, CA – APRIL 12: (L-R) Producer Eric Esrailian, TV personalities Kourtney Kardashian, Kim Kardashian West, and singer Cher attend the premiere of Open Road Films’ “The Promise” at TCL Chinese Theatre on April 12, 2017 in Hollywood, California. (Photo by Frederick M. Brown/Getty…
Share
BitcoinEthereumNews2025/09/23 07:18
Japanese and South Korean stock markets opened lower across the board, with South Korea's KOSPI index falling 2.67%.
PANews reported on December 15 that the Nikkei 225 index opened down 404.45 points, or 0.80%, at 50432.10 on Monday, December 15. The South Korean KOSPI index opened
Share
PANews2025/12/15 08:04