Anatoly Aksakov: "Bitcoin can collapse at any time" – Bits Media

The head of the State Duma Committee on the Financial Market Anatoly Aksakov advised the inhabitants of Russia to invest in Russian assets, At the same time, refrain from investment in bitcoin, Since this is an unstable asset.

During an interview with Parliamentary Gazeta Aksakov, Answering a question about Bitcoin growth, said, that the world is on the verge of a new financial crisis, Therefore, it is not surprising, that investors are trying to protect their funds. However, he himself considers Bitcoin not a too reliable asset, but calls to invest in Russian shares and bonds, since it is the Russian Federation that the least suffers from the economic crisis.

"Naturally, Today, investors are feverishly looking for, Where can I invest the money. And choose bitcoins on this panic wave. Thus, today its price is formed. In their place I would invest in Russian assets, which will least suffer from the crisis. And Bitcoin can collapse at any time, since he has no security, Its value is determined exclusively by the behavior of investors, who actively buy him at some points, and, perhaps, The behavior of major players, which control this process for that, to spur interest in cryptocurrency ", - the deputy emphasized.

Earlier Anatoly Aksakov said, that the bill on international settlements in cryptocurrencies is delayed due to discussions in the State Duma.