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The head of the Ministry of Economic Development and Trade of the Russian Federation Maxim Oreshkin has compared bitcoin with "MMM". He urged Russians to be careful about investing in crypto-currencies. "The fact that we see, for example, with bitcoin, the information wave that goes around this whole story, the involvement of citizens who are not qualified investors, is dangerous because if we look at the dynamics of bitcoin cost it is very similar to the dynamics of value of MMM shares, "Oreshkin said, speaking on Wednesday at the Federation Council.

Speaking about crypto-currencies and blockchain from the technological point of view, the minister added that Russia certainly should not stand aside, but should lead in this process.

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