Russian billionaire Oleg Deripaska (Forbes estimates his fortune at $5.1 billion since 2018 Deripaska has been under US sanctions) criticized the Central Bank for allegedly “infantilely closing his eyes to the growing cryptocurrency market.” As an argument, the billionaire cited the actions of the US Treasury, which, according to him, invests in the crypto industry.
“The United States has long understood that uncontrolled digital payments can not only negate the effectiveness of the entire mechanism of economic sanctions but also bring down the dollar,” Deripaska said.
The billionaire referred to the sanctions review issued by the US Treasury. In the document, the regulator claims that the growing possibilities of financial technologies, including those based on cryptocurrency and alternative payment systems, pose a serious threat to the dollar.
According to Deripaska, this means that the development of the cryptocurrency market, uncontrolled by the state, can put the US Treasury in front of the prospect of default on a debt of $30 trillion, which will require $700 billion to service.
“I wonder if anyone has read this document at the Bank of Russia? Or do they work on the principle of “what we don't see doesn't exist?” he says ironically.
Earlier, Deripaska repeatedly criticized the Bank of Russia's policy on digital assets. For example, the billionaire claimed that the regulator should have issued a digital ruble two years ago because it is “more important than Gagarin's flight into space in 61st.”
It is worth noting that the value of bitcoin has updated the historical maximum, reaching $67 thousand. Experts expect cryptocurrency growth to continue.
