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« on: October 19, 2017, 09:12:34 PM »
Russia’s Economic Development Minister, Maksim Oreskin, has said that Bitcoin is no better than casinos.
“As for Bitcoin, if you look at how the value of this asset fluctuates, it's dozens of percent up, then dozens of a percent down. An asset that can be available for an unqualified investor should not have such characteristics, because it's worse than casinos. First, you earn, then you will lose everything and be left with nothing," Oreshkin said.
“Those who do not know how to manage risks in instruments with such volatility, should not be able to invest, because in 99.9 percent of cases it results in losses for such people and then they will find themselves in a difficult life situation, which is not good," Oreshkin added