Topic: [2015-11-30] Russian Gov Threatens Bitcoin Ban As 7% of Russians Use Bitcoin for (Read 415 times)

7% or not, the Russians keep on toying with the idea to ban Bitcoin. It has been a Roller coaster ride with legislation in that country, in regards to Bitcoin. They want to protect

the Ruble, but they also enjoy the money coming into the country and the jobs Bitcoin creates. I think they are still testing the water and deciding which of the two options

bring the most to the table. They also benefit from the Taxes being levied on the currency. 

Maybe a few thousands people in Russia use bitcoin. If there are 10 milllion people in Russia use  bitcoin, it will not be banned.

7% of russia's population using Bitcoin?
No way!!
Sorry but that is very unlikely.
A bit more than 140 million people are living in russia right now.
7% would mean that almost 10 million people are Bitcoiners.
0,7% is more realistic imo, but still very optimistic!

I think the author is from another world 
after some search found till 2014 , was max 2 million own and a lot of them has little amount

The author of this article is clearly not awake yet. If already 7% of Russia is using Bitcoin, then how much Bitcoin users would we have combined with the other parts of the world  Very amateurish article.

Also, everything around Russia banning Bitcoin in whatever form makes me laugh as this isn't the first time they have done/threatened with a ban.

No way 7% of Russians use bitcoin, that would be around 10 million people in Russia alone using bitcoin.

I don't think there's even 5 million people worldwide using bitcoin.

Russian Gov Threatens Bitcoin Ban As 7% of Russians Use Bitcoin for Payment

As the Russian government threatens to ban bitcoin, 6.9% of Russians are using the cryptocurrency, according to a recent survey by Slovakian Internet security company ESET.

The ESET survey, which compared credit cards, PayPal, payment on delivery, bitcoin, and debit cards, also revealed that Russians 4-5 times as likely to use bitcoin as form of payment that the UK, US and Germany.

In late 2014, Russians began flocking to bitcoin as the ruble collapsed, driven down by Western economic sanctions and Russian downturn.

Kremlin officials claim that concerns about use of the cryptocurrency for money laundering and the financing terrorism have forced the government to ban bitcoin. However, they have been threatening to ban bitcoin for a year, and in reality the Putin regime’s goal is to penalize and prohibit Russian citizens for exchanging rubles for bitcoin.

Early in 2015, Russia’s media regulator, Roskomnadzor, even blacklisted various international bitcoin resource sites following a court ruling in September 2014.These sites included Bitcoin Foundation-sponsored community bitcoin.org, Russian-language forum btcsec.com, Russian bitcoin community coinspot.io, Wiki information site bitcoin.it, and exchange indacoin.com.

If the Kremlin completely bans bitcoin, it will not be the first time. Russian legal authorities forbade the use of bitcoin ahead of the Sochi Olympics in February 2014.

http://allcoinsnews.com/2015/11/30/russian-gov-threatens-bitcoin-ban-as-7-of-russians-use-bitcoin-for-payment/