Russian Security Expert Opens Up a Can of Crypto Worms with Legal Comments on Government Intervention


Kaspersky Lab is a multinational cybersecurity and anti-virus provider headquartered in Moscow, Russia and operated by a holding company in the United Kingdom. It was founded in 1997 by Eugene Kaspersky, Natalya Kaspersky, and Alexey De-Monderik; Eugene Kaspersky is currently the CEO.

Eugene Kaspersky recently sat down for an interview with an Arabian Business publication, where he spoke in length about cryptocurrencies. He thinks that in about 100 years time, the world will be living in some form of single government with digital currency as the native money. The only way to propagate cryptos is through a united world.

He explained:

“Cryptocurrencies are a great idea, but the world is not ready for them yet. The world must be united if we want to have encrypted currencies. At the moment, governments will want to control them. I believe that in the future, perhaps in 100 years’ time, all the world’s governments will be one government. States will unite under the (Government of the Earth) and only then we will have one currency. Some other currencies may be available, but on a global scale the currency will be unified”

Kaspersky is a big fan of blockchain technology, which he believes needs a little tweaking before it is ready to underpin the world economy.

“I think that in the future the currencies will be digital rather than paper. Today’s digital currencies, such as Bitcoin, cannot replace the current financial system, but some of the ideas and techniques on which these currencies are based can be used in the future currency with little modification, leveraging blockchain technology.”

He called for less control and more collaboration among governments, in order for cryptocurrencies to succeed.

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