Russia is betting big on bitcoin and cryptocurrencies!
Russia is getting involved big into the cryptocurrency space.
Already Putin discussed matters with Vitalik Buterin, now they are extending their mining efforts.
For Russia this may be a great opportunity - vast land masses, a cold climate (for supercomputer mining efforts), talented programmers.
Geopolitically Russia also fears being cut off from the SWIFT system as a last resort sort of economic warfare - by getting into Bitcoin early they mitigate these consequences.
Russia has been trying hard already to diversify their economy away from natural gas - maybe mining digital assets may be just that.
With a major power getting involved directly, it will not be just a matter of time until the price of bitcoin skyrockets even further!
Read more here: https://www.bloomberg.com/news/articles/2017-08-08/putin-s-aide-seeks-100-million-to-rival-china-in-bitcoin-mining
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