Russia Fires Shot Across Petrodollar's Bow By Hinting at Gold-Backed Ruble.

#gold #Russia #stablecoin #Ruble #dollar #geopolitics #cryptocurrency #Petrodollar #fiatcurrency

Today we will look at a story that has come out over the weekend in Russia concerning cryptocurrencies and stablecoins.

The deputy chairman of the Russian Parliament or Duma, Vladimir Gutenev,
said Russia could allow a gold-backed crypto or stablecoin to be mined in order to circumvent sanctions.

Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says: https://news.bitcoin.com/russia-may-allow-crypto-mining-and-gold-backed-stablecoins-lawmaker-says/

Duma Deputy Chair Insists Gold-Backed Stablecoins & Crypto-Mining Be Allowed In Russia 'To Circumvent Sanctions': https://www.zerohedge.com/crypto/duma-deputy-chair-insists-gold-backed-stablecoins-crypto-mining-allowed-russia-circumvent

Currencies Today Are 'IOU Nothings' by John Exter: https://www.aier.org/research/currencies-today-are-iou-nothings/

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