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“You can’t leave the treasure behind”: presidential adviser assesses the reliability of cryptocurrencies

Payment systems such as those based on blockchain are financial surrogates, not real money, said adviser to the President of the Russian Federation Anton Kobiakov.

Some are convinced that cryptocurrencies can become a unifying principle of the economies of states, simplifying many financial tasks. However, according to Kobyakova, one should not fully rely on these payment systems, including blockchain.

“No one has yet built a factory, a factory, a nursery, a swimming pool or started growing grain using blockchain, using these cryptocurrencies.” – Kobyakov said on Channel Five.

According to Anton Kobyakov, there is a limit to such financial substitutes. Thus, Bitcoin has currently used its growth potential by 93% to 94%.

“Of course, it can grow, but overnight it can disappear somewhere and then you can’t find it in the cloud. And you can’t even leave a treasure behind, and you can’t even leave it to future generations.” – said.

Source

Anthony Robbins
Anthony Robbins
Anthony Robbins is a tech-savvy blogger and digital influencer known for breaking down complex technology trends and innovations into accessible insights.
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