"I don't recommend it": Siluanov spoke about cryptocurrencies as a source of quick money
The Russian Finance Minister spoke about cryptocurrencies.
According to the head of the financial department, the use of Bitcoin is justified when conducting external settlements.
Anton Siluanov expressed this opinion within the framework of the federal educational marathon "Knowledge. First", RIA Novosti reports.
However, cryptocurrency is hardly suitable as a quick source of income.
Despite the fact that cryptocurrency mining is permitted in Russia, Bitcoin itself is used for external payments.
An international means of payment is necessary to cope with sanctions restrictions.
However, Siluanov believes that cryptocurrency is not suitable as an investment.
He stressed that there are many other ways to invest your money and make good money.
And cryptocurrency will remain a convenient tool for making international payments.
During his speech, the Minister of Finance also said that the amount of paper money in Russia will subsequently be reduced.
