Putin: The development of new payment tools is an inevitable evolution, and no one can ban Bitcoin.

Speaking at the recent "Russia Is Calling!" investment forum, Russian President Vladimir Putin pointed out that the research and application of new payment tools are steadily advancing globally according to their own logic, an irreversible process.

He emphasized, using Bitcoin as an example: "For example, who can truly ban Bitcoin? In fact, no one can." Similarly, other electronic payment methods cannot be simply stopped because they represent a new technological wave.

No matter how the future unfolds, no matter what fluctuations the dollar system experiences, these payment tools will continue to develop—because the pursuit of lower costs and higher reliability always drives market and technological progress." Putin further discussed the dollar's status as an international reserve currency. He stated that if the use of the dollar continues to shrink globally, it will inevitably shake the foundation of the economic strength upon which it rests.

"This is a very clear logic," he pointed out. "Given this, a natural question is: if foreign exchange reserves can be so easily eroded, why do countries continue to accumulate dollar assets?" In his analysis, the current series of policies of the US government are the key factors leading to this situation. Putin believes that the United States is "politicizing" the dollar, using it as a tool to achieve diplomatic and strategic goals, which severely undermines the dollar's credibility as a global public good.

This policy orientation has prompted many countries to actively seek alternatives, including accelerating the development of sovereign digital currencies, promoting local currency settlement systems, and accepting cryptocurrencies such as Bitcoin as part of their reserve and payment options.

Putin's remarks reflect the profound changes undergoing in the global financial landscape: technological iteration and political choices are jointly driving the international payment system towards diversification, while the traditional dollar-dominated order is facing unprecedented structural challenges.