The Russian gov't is encouraging citizens to buy precious metals. They changed the tax system to incentivise this.
It is far from clear what a digital currency in Russia would involve. Given the high level of tech literacy and STEM skills it would be difficult for the gov't to fool anyone with a surveillance-focused system. My guess …
The Russian gov't is encouraging citizens to buy precious metals. They changed the tax system to incentivise this.
It is far from clear what a digital currency in Russia would involve. Given the high level of tech literacy and STEM skills it would be difficult for the gov't to fool anyone with a surveillance-focused system. My guess is that they may well develop something like a dual system. A single ruble, but with regular currency and a digital version for settlement and exchange with overseas partners who are developing their own digital currencies. It is about interoperability with overseas systems. Just a guess.
The Russian gov't is encouraging citizens to buy precious metals. They changed the tax system to incentivise this.
It is far from clear what a digital currency in Russia would involve. Given the high level of tech literacy and STEM skills it would be difficult for the gov't to fool anyone with a surveillance-focused system. My guess is that they may well develop something like a dual system. A single ruble, but with regular currency and a digital version for settlement and exchange with overseas partners who are developing their own digital currencies. It is about interoperability with overseas systems. Just a guess.