The majority of Russian experts interviewed by the RIA Novosti agency believe that in the future, digital currencies will be able to become a safe-haven asset.
Now bitcoin and other virtual currencies are subject to volatility and can fall in price at any time. However, in the long run, such a tool will prove its reliability. With its help, it will be possible to protect capital from inflation and global shocks.
According to BitRiver analysts, regulators should accelerate the implementation of the regulatory framework for the cryptocurrency market. This industry can develop only in a legal field. First of all, it is necessary to create conditions for the transparent operation of miners and exchanges.
The negative attitude of central banks towards cryptocurrencies hinders their wider distribution.
BitRiver has no doubt that the authorities of any state can stifle bitcoin by setting a high level of taxation of crypto transactions or by introducing barriers that prevent the use of this tool in the domestic market.
