Russia’s Second-Richest Man Chooses To Back The Digital Ruble Over Bitcoin (Zycrypto)

Originally published at: https://www.channel-sea.cc/russias-second-richest-man-chooses-to-back-the-digital-ruble-over-bitcoin-zycrypto/

Digital ruble will render private crypto like Bitcoin obsolete, says Russian billionaire. Potanin believes that a digital ruble would be a more progressive move for Russia. Cryptocurrency in Russia has been on a rollercoaster ride over the last few years. Vladimir Potanin has expressed his preference for CBDCs, and tokens backed by real-world assets over…