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Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says

  • Ralph Smith
  • 30/12/2022
  • 2 minute read
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Dollar Loses to Digital Currencies in 2023, Former Russian President Says

Russia will lose its status as the world’s reserve currency, according to former head of state. gave his two cents on what the future of the world would be like as a “humble contribution” as .

Medvedev sees World Bank collapse, Musk at White House, oil soaring

Bretton Woods Monetary system collapses next year, The World Bank will collapse, according to the man who helmed Russia for four years between the International Monetary Fund and Vladimir Putin’s two presidential terms.

“The euro and dollar will cease to circulate as global reserve currencies. I will move,” he said.

Through a series of posts with a humorous tone this week, he gave his thoughts on what will happen in 2023. Many come up with futuristic hypotheses. Here is our humble contribution,” the leader of the ruling United Russia Party tweeted on Monday.

Medvedev predicted that oil prices will reach $150 a barrel and natural gas will exceed $5,000. He also expects the EU to collapse and the euro to go unused after Britain rejoins the bloc. He added that he would occupy the department.

A senior Russian official, who is now deputy chairman of the country’s Security Council, views California as an independent state and believes Texas will leave the United States and ally with Mexico. “Elon Musk will win the presidential election in many states given to Republicans after the end of another Civil War,” he wrote.

Prime Minister of Russia from 2012 to 2020 Dmitry Medvedev, who is considered a more liberal politician than Putin, has been fairly active on social media since Moscow attacked Ukraine in late February. The military invasion was met with a wave of Western sanctions. Days into the war, he posted that Russia could “nationalize” foreign assets in response to penalties.

During his year, Russian authorities worked to expand the legal framework for digital assets and regulate the use of cryptocurrencies, especially for cross-border payments within financial regulations. did it. The Bank of Russia, which is developing its own digital ruble, has proposed a total ban on cryptocurrency trading in the country, but Medvedev told Russian media in January that the ban would be He says it can have the opposite effect.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Anton Veselov / Shutterstock.com

Country: Ukraine / Russia
Ralph Smith

Cryptocurrency geek. Met with Bitcoin and altcoins back in 2011, when the price of BTC was about 10$. Writing articles since 2014 to these days.

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