Economist Vladislav Ginko Claps Back about Bold Beliefs of Russia Buying $10 Billion in Bitcoin, Defends His Own Credibility


Vladislav Ginko has proclaimed that he is a “famous public figure” to the public in Russia, which is not something that a truly famous person would have to state realistically. However, that aside, Micky News recently reported that this analyst claims that Russia intends to purchase $10 billion in Bitcoin, which has been met with significant doubt about how credible he is as a source.

However, in his discussion with the news website, he said that he does not respond to the “trolls” that speak against him online. He added,

“My statement about the intention of Russia to put at least $10 billion of its reserves into Bitcoin stirred up the public, and some media outlets hurried to claim it was ‘fake news.’”

This is the first media outlet to interview Ginko, following claims that Russia itself had denied their intention to purchase Bitcoin. This contradictory claim to Ginko’s own is likely to be much of the reason that so many criticized him. They also questioned much of the information that the analyst claimed on Twitter, which Micky News said “perhaps quite rightly” that they did.

One such tweet said,

“I promise to fight for the freedom of Bernard Madoff, the true Satoshi Nakamoto. @realDonaldTrump be courageous, ask for the retrial of Bernie, he's innocent, he was silenced and threatened since he was too much aware of murky financial deals of Obama & Biden.”

Another tweet indicated he believes that Bitcoin will reach $2 million by year’s end, though he believed the price tag would reach $100 in May 2018. The tweet replied to a question of what analysts believed the market would reach, to which Ginko replied,

“BTC touches $1500-2000 and will rise to $2,000,000 at the end of the 2019 year.”

These unusual claims have led one journalist to question if his Twitter account is false.

Ginko has informed the public that his job is to lecture at the Russian Presidential Academy of National Economy and Public Administration. Speaking to Micky News, he said,

“Between January 15 and 17 this year, the Moscow international economic Gaidar forum was held. Most workshops were dedicated to the cryptocurrencies topic.”

He elaborated,

“The prime-minister Dmitry Medvedev, the staunch ally of Vladimir Putin and the second person in Russia’s hierarchy, warned more than 17,000 forum participants ‘don’t bury’ cryptocurrencies because of (the) downward market trend last year. This passage reminded many attendees (of) the motto of any typical HODLer of cryptocurrencies.”

In his interview, he added that the Prime minister has requested assistance from the public to consistently track where the crypto market was going. He said,

“The vice-minister of finance, Alexey Moiseev, echoed the words of his chief. He stressed that cryptocurrencies ceased to look as Ponzi scheme. He has also positively spoken about ICO as a new tool of financing to run a small and medium business.”

Ginko believes that the “new looming sanctions” threaten to stop the transactions from Washington, and that

“the central bank [of Russia] has developed and launched a national payment system as analog to SWIFT.”

He expressed that attempts to make transactions could ultimately be “frozen” by the US Treasury.

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