Former Russia Prime Minister Supports Digital Fiat Currencies Over Fiats
Russia’s interim leader before Vladimir Putin’s second term as president, Dmitry Medvedev gives a series of predictions on what would happen in the year 2023.
Ranging from the prediction of the cost of oil and natural gas, as well as the overtaking of the Dollar and Euro by digital fiat currencies, he funnily gives his prediction this week.
Dmitry Medvedev Goes On A Long Rant Of Predictions
Russia’s former prime minister, Dmitry Medvedev’s funny posting breaks the internet this week. He posted on different predictions of what might happen in the new year 2023.
According to Dmitry Medvedev, the Bretton Woods financial system would implode the next year, taking down the World Bank and the IMF with it.
Medvedev predicted that the price of oil would be 150 dollars($150) per barrel and natural gas would have a higher cost of more than 5,000 dollars ($5,000).
Among his funny predictions is that if eventually United Kingdon rejoins the European Union, that would mark the beginning of downfall of the European Union.
Additionally, Medvedev predicted that France and Germany will clash in a torn-apart Europe while western Ukraine would eventually be invaded by Hungary joining forces with Poland.
Digital Fiat Currencies Will Reign
Among the series of funny predictions by the former prime minister of Russia, Dmitry Medvedev is that digital fiat currencies will take over dollar and euro which are the current global reserve currencies. He said this together with other predictions in his series of funny posts this week.
Since the start of the war between Russia and Ukraine, Dmitry Medvedev has been quite outspoken and straightforward on social media. He said that the west has slapped various sanctions on them and that they may respond by nationalizing foreign assets.
Notably, Russia has been attempting to build and maintain a good legal structure and rules governing crypto and digital assets since last year. This has also been one of the major agendas of different countries including India’s G20 presidency plan.
The Bank of Russia is creating its own digital currency and planning to debar crypto usage and transaction in the country. Dmitry Medvedev took to media and explained that banning crypto transactions as proposed by the Bank of Russia is going to have a negative effect on the country.
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