Gref does not recommend people to use cryptocurrency

© RIA Novosti / Michael Voskresenskiye in Photobacterium and Chairman of the Board of Sberbank German GrefGref does not recommend people to use cryptocurrency© RIA Novosti / Michael Voskresenskiye the image Bank

. The head of Sberbank German Gref does not recommend people to use cryptocurrencies because of the high risk. On Thursday, Gref delivers a lecture at the Yekaterinburg «Yeltsin centre». The theme of the speech of the head of Sberbank’s «New technology trends and models of effective management.»

«The volatility (rates of cryptocurrencies — ed.) will be maintained. We see what is happening. Technology immature, obviously. I recommend to play this currency only for casino lovers. You can win but you can lose» — said Gref.

However, he believes that bitcoin should be banned. «The state felt the competition. And the first movement to ban…. But I think that stopping it would be impossible. Moreover, who will deny, he will lose», — said the head of Sberbank.

The Chinese online trading platform AliExpress was previously reported that in June of watches increased demand of the Russians for the video card, which may be associated with a desire to use them for cryptocurrency. AliExpress users were actively looking for particular models that are most appropriate to create a «cryptoform», for example, GTX1060 GeForce, Radeon GTX1070 and RX480.

Among the main interests of buyers on the platform — bitcoin miners: over a month number of requests for «bitcoin miner» has increased by 150%. Analysts pointed out that the surge of interest in performance observed last month after widespread announcements about the possibility of the mining of cryptocurrencies. Most active in this direction buyers from Russia, Ukraine, Kazakhstan and the United States.

The Chairman of the Central Bank Olga Skorobogatova in may, said that the Bank of Russia in a month will represent a variant of normative documents on taxation of cryptocurrencies, including bitcoin, as a digital product. Now in Russia there is a ban on production of money substitutes. However, the head of Sberbank believes that more and more countries open their markets to cryptocurrencies, and in Russia too it is necessary to introduce accurate regulation of bitcoin, as it provides tremendous opportunities.