Topic: A 7-Yr Prison Term for Bitcoin Use, Says Russian Finance Ministry - page 3. (Read 3195 times)
March 12, 2016, 01:07:04 AM
The Russians always take precautions against novel things I think their government will think this over and drop this preposterous proposition soon.
March 12, 2016, 12:59:11 AM
Wow that is pretty harsh. I guess the Russian government really hates Bitcoin, and a lot of people probably now hate the Russian government for doing this. They really had no reason to do it.
March 11, 2016, 04:23:08 PM
Thanks for the responses guys.
Could it be that the confusion is not only with us but also with Russia? Perhaps they are in the "WTF is this?" phase and officials are sending mixed messages as they try to figure it out.
Could it be that the confusion is not only with us but also with Russia? Perhaps they are in the "WTF is this?" phase and officials are sending mixed messages as they try to figure it out.
possibly. but thats why i read the source. i hate the chinese whisper game of media's clickbaiting copy and paste jobs that never independently verify it
I know early on some U.S. officials were saying bitcoin is illegal based on their poorly informed ideas about it. It would be sad if we saw actual arrests or fines for using bitcoin in a legal way.
but its the same reality for america and england. if your going to do regular wire transfers that go in excess of the limits of law. expect to get investigated, and if you admit to doing it as a money business, expect to get your wrist slapped.(financially)
if your a medium size business expect to get a slap on the wrist and a kick up the ass.(financially)
and if your a large corporation. then expect pain(financially) or expect to be treated like a money launderer and face jailtime
March 11, 2016, 04:16:23 PM
Thanks for the responses guys.
Could it be that the confusion is not only with us but also with Russia? Perhaps they are in the "WTF is this?" phase and officials are sending mixed messages as they try to figure it out. I know early on some U.S. officials were saying bitcoin is illegal based on their poorly informed ideas about it. It would be sad if we saw actual arrests or fines for using bitcoin in a legal way.
Could it be that the confusion is not only with us but also with Russia? Perhaps they are in the "WTF is this?" phase and officials are sending mixed messages as they try to figure it out. I know early on some U.S. officials were saying bitcoin is illegal based on their poorly informed ideas about it. It would be sad if we saw actual arrests or fines for using bitcoin in a legal way.
March 11, 2016, 02:08:09 PM
That is just crazy of Russia to impose this charge to any of their citizens for using an instrument of the future.
Are we sure communism is dead?
Are we sure communism is dead?
March 11, 2016, 02:05:55 PM
I offered to transcribe the entire video for you -- you refused to pay for my time.
i already trascribed it
The bet is not about you having it transcribed. You, possibly due to struggling with your own native tongue, somehow got it into your head that I don't know Russian.
Here's your chance to prove me a liar.
Surprised you don't take me up on it
Could it b ur...
?Quote
but i guess you are going to keep on taking the non-mainstream media as your only source. goodluck with that
Lol, don't you know mainstream media is too busy sucking bankster cock to report The Truth about Bitcoin? March 11, 2016, 02:05:48 PM
Its really hard to get a grip on Russian Politics as a outsider and how the laws are really enforced.
But I woke up to this on the news and thought Putin is planning for his exit soon.
http://www.cnn.com/2016/03/10/europe/russia-mikhail-lesin-death/
But I woke up to this on the news and thought Putin is planning for his exit soon.
http://www.cnn.com/2016/03/10/europe/russia-mikhail-lesin-death/
March 11, 2016, 02:04:04 PM
Can we hear from someone who is operating a legal bitcoin business in Russia? Can someone who has a money transmitter license inform us. I'm confused because I have never heard of Russia having such a licenses, like in the U.S. Not that I would know.
I also see no exception in the writings of this document. It specifically says that using bitcoin is a crime. I'm also unclear as to what this document is. A proposal, an advisory note, a bill to be voted on? What is it?
I also see no exception in the writings of this document. It specifically says that using bitcoin is a crime. I'm also unclear as to what this document is. A proposal, an advisory note, a bill to be voted on? What is it?
what you are reading is obviously the non-mainstream media. might be worth a look on Duma or minfin (russia's official financial sites).. like i did
ofcourse russia has money transmitter licences. do you really think moneygram, westernunion dont have to follow russian rules when trading in russia?
the equivalent to the american SEC is the russian ОБЭП (DAEC) economic crime department. who inspect businesses, check their books and other such things similar to SEC, especially if there has been a complaint abut fraud or scams.
March 11, 2016, 01:59:47 PM
Ridiculous, Such a huge penalty for something that is in no way a crime or affecting other people. even if you are the government limiting people's rights this much is not ethical
March 11, 2016, 01:57:03 PM
I offered to transcribe the entire video for you -- you refused to pay for my time.
i already trascribed it and although i got many bitcoins you are not worth a satoshi because you failed to transcribe it, or even read russian documents from source for your own personal understanding, let alone to tell other people about.
maybe if you for once read something properly for your own understanding. and then replied with a proper understanding then you could sell your (lack) of translation skills to a website that wants to be internationally readable.(theres plenty of them)
but i guess you are going to keep on taking the non-mainstream media as your only source. goodluck with that
March 11, 2016, 01:42:10 PM
Excessive and very much against common sense, so just because someone owns bitcoin that are not used in any illegal activity this is enough to send them to jail? they seem afraid of there currency showing it's true value.
March 11, 2016, 01:36:02 PM
Franky, not sure why you rage so much about my Russian. I was born & brought up in Russia. Most people born in Russia learn Russian, doesn't even require smarts.
When same people move to US, they learn English.
As far as being emotional? Not really. Somewhat concerned that someone might be stupid enough to take you seriously & end up getting secsed up da butt in some gulag.
I concede tho, that's pretty unlikely.
Because who takes you seriously, amirite?
P.S. Why are all the Bitcoin news outlets trolling us like that? Have they all been compromised?
They got IR lock on us, Franky! Soon there'll be no place for us Bitcoiners to hide
you say you are russian but you are only quoting english wrote media.
even the video from last month you failed to transcribe. instead you conceded to blindly follow the chinese whispers(a game where one person tells another until its so mis-interpretted that everyone laughs) of non-mainstream media.. because guess what. coindesk is not mainstream they are clickbait websites. trying to find stories that are not explaining the truth
"russia wants to increase punishment for unregistered money exchangers exchanging prepaid debit, fiat and bitcoin"
but twisting it into a paraphrase of "bitcoin=russian jail"
so sorry but when you read something in the news. find the source. then go to the source. read the source. and if that source is paraphrasing another source, then go to that deeper source too.. and if the originating source is a legal document or something thats authentic, great.
but if its "someone from within".. basically no proof of who or context. then not great.
try it. you may enjoy finding out real information for once.
I offered to transcribe the entire video for you -- you refused to pay for my time.
Since I'm a generous guy, and you're likely poor, I offer you an alternative: Pick any 20-second segment of that video, and I'll transcribe it.
When I do, you have to change your forum signature (the blurb that appears under your posts) to "Please disregard; I suck cocks." In red, bold font. For 1 month.
If I fail, I'll do the same.
Deal?
@RodeoX: This thread is about http://www.coindesk.com/report-russia-to-propose-7-year-prison-sentences-for-digital-currency-issuers/
The linked thread is about http://www.coindesk.com/receiving-bitcoin-payments-is-a-crime-says-russian-presidential-advisor/
Franky1 is trying to save face by quoting the proposal which "The Russian Finance Ministry has reportedly tightened."
March 11, 2016, 01:34:26 PM
Can we hear from someone who is operating a legal bitcoin business in Russia? Can someone who has a money transmitter license inform us. I'm confused because I have never heard of Russia having such a licenses, like in the U.S. Not that I would know.
I also see no exception in the writings of this document. It specifically says that using bitcoin is a crime. I'm also unclear as to what this document is. A proposal, an advisory note, a bill to be voted on? What is it?
I also see no exception in the writings of this document. It specifically says that using bitcoin is a crime. I'm also unclear as to what this document is. A proposal, an advisory note, a bill to be voted on? What is it?
March 11, 2016, 01:21:13 PM
Franky, not sure why you rage so much about my Russian. I was born & brought up in Russia. Most people born in Russia learn Russian, doesn't even require smarts.
When same people move to US, they learn English.
As far as being emotional? Not really. Somewhat concerned that someone might be stupid enough to take you seriously & end up getting secsed up da butt in some gulag.
I concede tho, that's pretty unlikely.
Because who takes you seriously, amirite?
P.S. Why are all the Bitcoin news outlets trolling us like that? Have they all been compromised?
They got IR lock on us, Franky! Soon there'll be no place for us Bitcoiners to hide
you say you are russian but you are only quoting english wrote media.
even the video from last month you failed to transcribe. instead you conceded to blindly follow the chinese whispers(a game where one person tells another until its so mis-interpretted that everyone laughs) of non-mainstream media.. because guess what. coindesk is not mainstream they are clickbait websites. trying to find stories that are not explaining the truth
"russia wants to increase punishment for unregistered money exchangers exchanging prepaid debit cards, fiat and bitcoin"
but twisting it into a paraphrase of "bitcoin=Russian jail"
so sorry but when you read something in the news. find the source. then go to the source. read the source. and if that source is paraphrasing another source, then go to that deeper source too.. and if the originating source is a legal document or something thats authentic, great.
but if its "someone from within".. basically no proof of who or context. then not great.
try it. you may enjoy finding out real information for once.
March 11, 2016, 01:09:13 PM
Prisons can't handles the volume of bitcoins.
3
March 11, 2016, 12:52:25 PM
Sucks to be Russian
March 11, 2016, 12:48:37 PM
Prisons can't handles the volume of bitcoins.
March 11, 2016, 12:47:43 PM
so again you avoid reading the russian stuff and quote american stuff and media again..
well atleast we know your american so it wont affect you. so now you can go back to your other world in blissful peace.
atleast i also know why you have not read the real russian stuff because it doesnt affect you. but i really do wonder why your so emotional to want to spread fud.
have a nice day
well atleast we know your american so it wont affect you. so now you can go back to your other world in blissful peace.
atleast i also know why you have not read the real russian stuff because it doesnt affect you. but i really do wonder why your so emotional to want to spread fud.
have a nice day
Franky, not sure why you rage so much about my Russian. I was born & brought up in Russia. Most people born in Russia learn Russian, doesn't even require smarts.
When same people move to US, they learn English.
As far as being emotional? Not really. Somewhat concerned that someone might be stupid enough to take you seriously & end up getting secsed up da butt in some gulag.
I concede tho, that's pretty unlikely.
Because who takes you seriously, amirite?
P.S. Why are all the Bitcoin news outlets trolling us like that? Have they all been compromised?
They got IR lock on us, Franky! Soon there'll be no place for us Bitcoiners to hide
March 11, 2016, 12:39:32 PM
No. That's the OLD proposed penalties, Franky. Those aren't news. The news is that
no,
coindesk is paraphrasing another media outlet Interfax, who supposedly spoke to "someone" close to the minfin. who proposes to make the punishments for code 187 even stricter.
it does not say that its law. and yes i showed the old code which was just a labour camp for 1-2 years. but in th last month there have been several IDEA's of new punishment.
but the punishments are irrelevant to your rhetoric. because it applies to money transmitters.. not money users.
EG exchanges NOT coffee shops.
basically if you own a coffee shape you are ok, but if your a localbitcoins trader going over the threshold that classes you as a money transmitter business (rather than small swaps as a hobby). then you need to register as such.
even in american law you are not classed as a money transmitter if your just doing occassional small swaps. but if your doing it for larger amounts and professionally. then you become a money transmitter.
its the same for russia and europe and even china. basically most developed countries,
but anyway your in america so relax
March 11, 2016, 12:31:34 PM
so again you avoid reading the russian stuff and quote american stuff and media again..
well atleast we know your american so it wont affect you. so now you can go back to your other world in blissful peace.
atleast i also know why you have not read the real russian stuff because it doesnt affect you. but i really do wonder why your so emotional to want to spread fud.
have a nice day
well atleast we know your american so it wont affect you. so now you can go back to your other world in blissful peace.
atleast i also know why you have not read the real russian stuff because it doesnt affect you. but i really do wonder why your so emotional to want to spread fud.
have a nice day
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