Translated material
Putin explained the alertness to Bitcoin
Russian President Vladimir Putin spoke about his attitude to Bitcoin. It is quoted by Prime .
“There are bitcoins, all sorts of currencies, our attitude today is very wary, because almost nothing is adjusted in this area today,” he said.
The President recalled fluctuations with the course of this cryptocurrency, which, in his opinion, could lead to serious losses.
In July, the total market value of all traded cryptocurrencies decreased by almost 47%. The Bitcoin course on July 15 fell to the minimum value in 49 days, his competitor Ethereum for July 15-16 fell from $ 200 to $ 148.
After 5 days, the cost of bitcoin, however, rose to its monthly maximum and reached $ 2730.
As Cryptocoins News wrote , the drop in the cryptocurrency course was associated with uncertainty due to the scale of the network. By August 1, it should become clear whether most miners will switch to a new protocol of the Bitcoin network. If this does not happen, then the cryptocurrency may have two versions.