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Belarusian President Lukashenko announced that digital mining is a way to support the world’s dependence on the dollar (USD), explaining the government’s intentions at a government meeting. The new thing is in old things to change the power of the world to create a competition for digital currencies, while geopolitical events help the speed. Reducing the strength of the US dollar on reserves Through several associations.
Therefore, accordingly On the local reportLukashenko ignored the concerns about the volatility of the markets in the meeting of November 14 in the capital of Diage, explaining that the digital currency represents another way to support money. He explained to the government officials to discuss the conflicting electricity and electricity that he says “our country faces a problem in the world from one currency to one currency, which is the US dollar.” He added: “This is expected to accelerate, and digital currency can be one of these methods. “
Belarus is building a nuclear power plant
The support of the President comes after several months of planning work to prepare Belarus as an attractive place for international events.
Last March, President Luashenko advised the delegation that Alexey Kushnarenko the money recorded in the Washington Reserve Reserve Reserve. Bitcoin (Bitcoin-BTC).Lukashenko said: “We can see the direction the world is taking, especially the largest economy in the world,” Pointing out that Belarus will be given its own digital storage space instead of attracting foreign investment, which has reached its maximum, the number of Belarian megawatts, having reached 2,400 megawatts in November 2023.
The construction of the infrastructure has helped to solve the problem of the central lack of electricity, which shows that the electricity suppliers of Russia and China will benefit from the increase of nuclear power.
In addition to mining, Belarus is planning to launch a digital currency (CBDC) by the end of 2026, with the efforts of the National Bank.
What happens around the world to weaken the dollar
The change in the identification system in Belarus allows the written material of international groups to flow in Eastern Europe. In April, China and Russia began to establish power using Bitcoin and other digital assets, while Bolivia announced that it would introduce electronic money using digital currency.
This is well done with the rise of the trading problems after the 125% charges on oratin decreased by 551,636.
China then responded by increasing employment in the US from 34% to 84% on April 9, before the job cuts began, where the United States cut employment to 30% and China cut employment to 10%. At the same time, the US Dollar index has fallen by more than 9% since the beginning of the year to 99, which has strengthened Velecoin as a competitive gateway to Geopolirical.
According to what He announced By Amy Lo, CEO of ubs, at a Bloomberg event in Hong Kong. Wealthy Asian investors have responded to these economic changes by pouring their savings from the US dollar into Bilcoin, gold and the Chinese markets.
Wealthy investors in Asia now invest their wealth in cryptocurrencies and gold, a marked shift from the traditional dollar system. Rightows said:
Singapore is at the forefront of this, with 57% of the 57 wealthy merchants planning to control digital currency in the next two years, and the economy of the wealthy group in the region is expected to grow in 2021 to $ 3.26.
Post Belarus is big on Cryptoclecy as part of its attempt to break the dollar law he started first Cryptows Arabic.
