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What will be Russia's strategic response to U.S. sanctions by the end of 2025?
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Establish Bitcoin reserve • 25%
Increase gold reserves • 25%
Strengthen trade with non-sanctioning countries • 25%
Other measures • 25%
Official Russian government policy announcements or credible news reports
Story
Russian Deputy Anton Tkachev Proposes Bitcoin Reserve to Counter U.S. Sanctions
Dec 9, 2024, 09:57 PM
Anton Tkachev, a deputy in Russia's State Duma from the 'New People' party, has officially proposed to Finance Minister Anton Siluanov the creation of a strategic Bitcoin reserve to strengthen Russia's financial security and counteract international sanctions, particularly those imposed by the United States, according to reports by RIA Novosti. Tkachev suggests that establishing a Bitcoin reserve, modeled on traditional currency reserves, would enhance the nation's economic stability, foster innovation in crypto-backed assets, and provide resistance against geopolitical challenges amid rising global interest in digital assets.
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Diplomatic negotiations • 25%
Economic retaliation • 25%
No significant response • 25%
Increased military actions • 25%
No significant response • 25%
Reduce production • 25%
Seek alternative markets • 25%
Increase domestic sales • 25%
Other • 25%
Retaliatory sanctions • 25%
No significant response • 25%
Diplomatic negotiations • 25%
Increase oil production • 25%
No significant action • 25%
Seek alternative markets • 25%
Decrease oil exports • 25%
Economic Sanctions • 25%
Cyber Attack • 25%
Military Strike • 25%
Diplomatic Measures • 25%
Military posturing • 25%
Diplomatic protest • 25%
No significant response • 25%
Economic sanctions on Japan • 25%
Maritime activities • 25%
Technology and cyber • 25%
Financial sector • 25%
Energy exports • 25%
No significant action • 25%
Conduct a nuclear test • 25%
Engage in diplomatic negotiations • 25%
Increase nuclear arsenal • 25%
No significant response • 25%
Diplomatic condemnation • 25%
Increased sanctions on Russia • 25%
Military support to Ukraine • 25%
No Major Action • 25%
Increased Sanctions • 25%
Diplomatic Measures • 25%
Military Support to Ukraine • 25%
Conduct a nuclear test • 25%
No significant action • 25%
Engage in diplomatic talks • 25%
Increase military readiness • 25%
Increased Sanctions • 25%
Diplomatic Talks • 25%
No Action • 25%
Military Action • 25%