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Vladimir Putin Pushes Bitcoin As A Viable Alternative To Dollar Reserves

  • Russian President Vladimir Putin has emphasized the use of Bitcoin as an alternative to foreign currency reserves.
  • Putin questions the wisdom of holding reserves in foreign currencies that can be easily confiscated.
  • He criticizes the US for using the dollar as a political tool and encourages the exploration of new payment technologies.
  • Russia has recently implemented legislation to regulate and tax cryptocurrency mining and transactions.

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