Sergei Glazyev: cryptocurrency and Fiat money will be used together

Advisor to the President of the Russian Federation on regional economic integration Sergei Glazyev in the first international legal forum «Criptored» which takes place today in Moscow, said that in the modern society you will find the use of traditional money, and cryptocurrencies, and on the basis of the EurAsEC appears the platform where there would be elements of cryptocurrency.

Advisor to the President of the Russian Federation on regional economic integration Sergei Glazyev:

«Digital money will find its use. Paper money which we use today, also did not immediately gained recognition from the state. We live in a mixed economy».

While Glazyev noted that discussions about the future of cryptocurrency in the framework of the EurAsEC lead to the end of the year will be introduced the elements of national cryptocurrencies in one state, and the winner is the country that will offer their standard regulation.

«The state, which is the first to implement technology that will collect most of the cream. In this area is very important to develop standards procedures and technologies at the intersection of cryptogenes and pantyh money. We have a national digital money – through the integration of cryptocurrencies we will receive very big advantage.»

In addition, the speaker stressed that digital money will allow you to monitor cashless transactions, measure the velocity of circulation of currency will solve the problem.

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