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Topic: 2013-11-27 Russian lawmaker wants to outlaw U.S. dollar, calls it a Ponzi schem (Read 935 times)

legendary
Activity: 2828
Merit: 6108
Blackjack.fun
lol, BITCOIN BANNED IN RUSSIA IN 1917

Yeah... and Satoshi was declared as an enemy of the labourers and the proletariat. He was sent to the gulag.

That was Satoshi's child which was sent from 2016 to correct the law but failed.
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
To put some things ibn prepective for thoose who get crazy about a bitcoin ban in Russia....!!!
it goes for all non ruble at most , its not about bitcoin or litecoin etc ,,, they just say people SHOULD use rubble!
its old law from the 1917's



http://www.washingtontimes.com/news/2013/nov/13/bill-would-outlaw-us-dollar-russia/




There are some people with too much time on their hands. Why didn't he digged deeper ? Maybe there is a law from 1914 in which is stated all the laws from 1917 are to be taken as a prank.
newbie
Activity: 31
Merit: 0
Two russian entities or person when transferring some goods or services can use roubles only on territory of Russian Federation.
Of course, if a russian pays some foreign counterparty, he's free to choose what currency to use.
legendary
Activity: 980
Merit: 1000
CryptoTalk.Org - Get Paid for every Post!
So, it's illegal in Russia to use, hold or exchange USD?
exchanging is not the problem , as lang as you axchane euro/dollar/bitcoin to ruble! to buy the product or service!
legendary
Activity: 4298
Merit: 3209
Why did you post a link to a 3 month old article that has nothing to do with bitcoin?
sr. member
Activity: 434
Merit: 250
“The right to the free exchange of currencies is a fundamental element of capitalism,” said Moscow-based economics analyst Igor Suzdaltsev. “It allows citizens to leave the country when a dictatorship is imposed by selling their property and exchanging their assets for the necessary currency.”

Why was it banned then?
legendary
Activity: 3654
Merit: 1217
lol, BITCOIN BANNED IN RUSSIA IN 1917

Yeah... and Satoshi was declared as an enemy of the labourers and the proletariat. He was sent to the gulag.
legendary
Activity: 1937
Merit: 1001
So, it's illegal in Russia to use, hold or exchange USD?
legendary
Activity: 3430
Merit: 3071
lol, BITCOIN BANNED IN RUSSIA IN 1917
legendary
Activity: 980
Merit: 1000
CryptoTalk.Org - Get Paid for every Post!
It will not prevent ordinary Russian people to save hard earned money in Dollars to protect it against devaluation, hide the Dollar notes (while wealthy Russians already do that abroad) and hoping they can redeem them in future - or - they will figure out that there is a much better way to do that in a virtual currency.  

Well the same goes for bitcoin in russia , just post it to put things in prespective , for thoose with weak hands , The brick and morther media is to FUD the servents , but thoose in knowlege know theese laws mean nothing.
Moving simpley abroad , http://www.youtube.com/watch?v=d4o13isDdfY explains how this is done..


http://www.youtube.com/user/VPROinternational has very intresting docu's about the monatary system in use this time..
sr. member
Activity: 868
Merit: 250
It will not prevent ordinary Russian people to save hard earned money in Dollars to protect it against devaluation, hide the Dollar notes (while wealthy Russians already do that abroad) and hoping they can redeem them in future - or - they will figure out that there is a much better way to do that in a virtual currency.  
full member
Activity: 168
Merit: 100
Good point.

Treating Bitcoin as money and applying this old law puts it on par with the Dollar.

Can't have it both ways.
legendary
Activity: 980
Merit: 1000
CryptoTalk.Org - Get Paid for every Post!
To put some things ibn prepective for thoose who get crazy about a bitcoin ban in Russia....!!!
it goes for all non ruble at most , its not about bitcoin or litecoin etc ,,, they just say people SHOULD use rubble!
its old law from the 1917's



http://www.washingtontimes.com/news/2013/nov/13/bill-would-outlaw-us-dollar-russia/

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