Former Russian President Medvedev Claims Digital Currencies Will Be Superior To The USD In 2023
In contrast to the US dollar losing its position as the world’s reserve currency, digital currencies will increase in 2023. Dmitry Medvedev offered his opinions on the future world’s finance market in a series of tweets. He titled the Twitter thread a “humble contribution” to the “wildest predictions” made during New Year’s Eve.
Expensive Oil, Collapse Of The World Bank, And Elon Musk As US President.
The man who led Russia for four years in-between Vladimir Putin’s two presidential terms predicted that the Bretton Woods monetary system would implode this year, bringing down the World Bank and the IMF.
“The Euro and the USD will no longer function as the world’s reserve currencies. Medvedev predicted on social media that “all the largest stock markets and financial activity will leave the US and Europe and move to Asia” and that “digital fiat currencies will actively be used instead.”
Continuing, Medvedev predicted that the cost of natural gas would surpass $5,000 and oil would cost $150 a barrel. Along with the Euro’s eventual demise, he predicts that the EU will implode once the United Kingdom rejoins the organization.
He continued that France and Germany would struggle in a fragmented Europe, and Hungary and Poland would invade Western Ukraine sections. The current vice-chairman of Russia’s security council believes that Texas will leave the United States and form an alliance with Mexico while California will become an independent state.
Then, he wrote, “Elon Musk will win the presidential election in several states that will have been awarded to the GOP after the end of the new Civil War.
Medvedev’s Role In Ukraine War
Since Moscow attacked Ukraine in late February, Medvedev has been active on social media. Medvedev served as prime minister of Russia from 2012 to 2020, and many view him as a more liberal leader than Putin.
Western sanctions poured in after the military incursion. Days after the war began, he posted on one of his social handles that Russia may “nationalize” foreign assets.
Russian authorities have been striving to strengthen a legal environment for digital assets via regulation, particularly their usage for cross-border payments. Earlier, Medvedev warned that the bank of Russia’s intention of a broader adoption of the digital ruble wouldn’t happen by banning private crypto transactions.
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