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First Deputy Prime Minister of Russia Igor Shuvalov has given his forecast of the bitcoin exchange rate.

Shuvalov, who arrived on 11 October in Sochi to attend a meeting on cryptocurrencies with Russian President Vladimir Putin, was walking with his colleagues on the Sochi embankment in the evening, Life television reports.

During the walk, local residents came to Shuvalov and asked if it was worth investing in bitcoin.

“God knows,” Shuvalov replied and returned to the conversation with his colleagues.

On 10 October, Vladimir Putin held a meeting in Sochi on the problems of cryptocurrencies. He noted that it is necessary to develop such a cryptocurrency regulation that would allow taking advantage of the new technology without creating unnecessary barriers for it.