Russian President Putin just dropped a statement that's turning heads across crypto markets. "Nobody can ban Bitcoin," he declared during a recent address. He doubled down, adding that regardless of what unfolds with the dollar's dominance, these decentralized technologies will continue their evolution "one way or another."
This marks a significant shift in rhetoric from a major global power. While regulatory debates rage on in various jurisdictions, having a leader of Putin's stature acknowledge Bitcoin's unstoppable nature could influence how other nations approach their crypto policies. The timing is particularly interesting given ongoing discussions about de-dollarization and alternative financial systems.
For Bitcoin bulls, this kind of endorsement from state-level actors reinforces the narrative around censorship resistance and inevitability. The crypto space has been waiting for clearer signals from major economies, and statements like these might just be the beginning.
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ShortingEnthusiast
· 12-08 17:28
The bulls are fantasizing again.
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SnapshotBot
· 12-08 09:29
As expected, they're concerned about the dominance of the US dollar.
Russian President Putin just dropped a statement that's turning heads across crypto markets. "Nobody can ban Bitcoin," he declared during a recent address. He doubled down, adding that regardless of what unfolds with the dollar's dominance, these decentralized technologies will continue their evolution "one way or another."
This marks a significant shift in rhetoric from a major global power. While regulatory debates rage on in various jurisdictions, having a leader of Putin's stature acknowledge Bitcoin's unstoppable nature could influence how other nations approach their crypto policies. The timing is particularly interesting given ongoing discussions about de-dollarization and alternative financial systems.
For Bitcoin bulls, this kind of endorsement from state-level actors reinforces the narrative around censorship resistance and inevitability. The crypto space has been waiting for clearer signals from major economies, and statements like these might just be the beginning.