Topic: Russia says BTC will never be legalised - do you think we'll see a knock on? - page 5. (Read 1457 times)
November 21, 2017, 10:12:04 AM
nothing to worry mate if Russian government will never be legalized because nobody can dictate to government officials of Russia that the freedom of choice of every nation but I think if the Russian government know the bitcoin are accepted by entire nation someday the official decide to be bitcoin as legal currency in the Russian country.
November 21, 2017, 10:06:46 AM
Do we really need Russia to support and pump bitcoin? even if Russia would not legalize bitcoin because it is made in the foreign country, well even if Russia would not get on the hype I think they have Ethereum in their side that has a potential to make a level just like bitcoin did, but I really think that Japan, U.S. Canada, Australia, E.U. Finland and the list Go on I think bitcoin had shown us that it is really Worthy to make an investment and wait because the value is super high right now
We definitely do not need Russia to support bitcoin, but it definitely helps alot knowing that Russia is a country with a good population(roughly 140million in 2016). Legalization isn't really necessary, but legalization is definitely a huge plus.
Literally it will give a lot of hints for all those people living in Russia that are holding back because of its hold. I guess it will really help a lot, and knowing that it coud boost its popularity and help people acknowledge bitcoin much more likely investors in the same way. Although the term legalization is not much likely need, but freedom of using and for merchants that are welcomed to accept, can really be a huge development.
November 21, 2017, 10:01:04 AM
Nikolai Nikiforov stated: "Bitcoin is a foreign project for using blockchain technology, the Russian law will never consider bitcoin as a legal entity in the jurisdiction of the Russian Federation."
The article goes on to say:
"However, Nikiforov added that it is "quite possible" that Russia could consider using blockchain technology, as well as various digital tokens. However, he did not provide any context in which the technology might be utilized."
Do you think we'll see other countries going down this route?
Source: https://www.coindesk.com/russia-will-never-consider-bitcoin-legalization-says-minister/
I'm taking this temporary statement. Unfortunately, the government of the Russian Federation is not competent in many questions. They do not know until now what they are dealing with and how this can all be applied in practice. Such statements only aggravate the situation of Russia's lagging behind the leaders of world countries. The article goes on to say:
"However, Nikiforov added that it is "quite possible" that Russia could consider using blockchain technology, as well as various digital tokens. However, he did not provide any context in which the technology might be utilized."
Do you think we'll see other countries going down this route?
Source: https://www.coindesk.com/russia-will-never-consider-bitcoin-legalization-says-minister/
November 21, 2017, 09:59:14 AM
Do we really need Russia to support and pump bitcoin? even if Russia would not legalize bitcoin because it is made in the foreign country, well even if Russia would not get on the hype I think they have Ethereum in their side that has a potential to make a level just like bitcoin did, but I really think that Japan, U.S. Canada, Australia, E.U. Finland and the list Go on I think bitcoin had shown us that it is really Worthy to make an investment and wait because the value is super high right now
We definitely do not need Russia to support bitcoin, but it definitely helps alot knowing that Russia is a country with a good population(roughly 140million in 2016). Legalization isn't really necessary, but legalization is definitely a huge plus.
November 21, 2017, 09:54:48 AM
Do we really need Russia to support and pump bitcoin? even if Russia would not legalize bitcoin because it is made in the foreign country, well even if Russia would not get on the hype I think they have Ethereum in their side that has a potential to make a level just like bitcoin did, but I really think that Japan, U.S. Canada, Australia, E.U. Finland and the list Go on I think bitcoin had shown us that it is really Worthy to make an investment and wait because the value is super high right now
November 21, 2017, 09:53:02 AM
How can a country ban a cryptocurrency like bitcoin? if it is dezentralized you should not have to worry about it or did i forget something?
i know they can close exchanges and so on but you can still buy/sell things with btc or bring btc on your smartphone from a third party country.
so please correct me if i am wrong and tell me why...peace out
i know they can close exchanges and so on but you can still buy/sell things with btc or bring btc on your smartphone from a third party country.
so please correct me if i am wrong and tell me why...peace out
Simple.
You are not allowed to buy anything in a store in Russia with bitcoins.
You are not allowed to use a bank account to buy bitcoins from an exchange.
What are you going to use your coins for?
Let's say the punishment for buying bitcoin on localbitcoins would be 25 years in a reeducation camp in Siberia..
Are you still going to try and buy?
With the amount of people who disappear in Russia or get poisoned,stabbed, or decide to kill themselves with 10 bullets in the back do you think it is going to be a wise idea if the Putin cartel is really bent on banning it?
November 21, 2017, 09:52:07 AM
This makes perfect sense considering russias history. I am definitely expecting there to be a government sponsored crypto to make use of blockchain technology but like people said this one will be highly controlled.
I am not sure if this is reason for concern or not, this was something to be expected honestly.
I am not sure if this is reason for concern or not, this was something to be expected honestly.
November 21, 2017, 09:49:51 AM
all government support bank and bitcoin against bank (p2p) so that all government make bitcoin legalised like russia
November 21, 2017, 09:43:53 AM
How can a country ban a cryptocurrency like bitcoin? if it is dezentralized you should not have to worry about it or did i forget something?
i know they can close exchanges and so on but you can still buy/sell things with btc or bring btc on your smartphone from a third party country.
so please correct me if i am wrong and tell me why...peace out
i know they can close exchanges and so on but you can still buy/sell things with btc or bring btc on your smartphone from a third party country.
so please correct me if i am wrong and tell me why...peace out
November 21, 2017, 09:42:43 AM
Bitcoin is a global one. I do not think it is a single country in Russia. I do not think it has anything to do with Bitcoin. So I should not panic. I think I should face up to the different views of Bitcoin.
November 21, 2017, 09:40:31 AM
It is quite true. I believe that it will. Russia will never allow the free circulation do not of their territory is a controlled currency. The methods of the struggle can be very hard. During the Soviet era in Russia shot people for trade dollars. Putin came from the KGB so I assume any options.
November 21, 2017, 09:35:51 AM
Nikolai Nikiforov stated: "Bitcoin is a foreign project for using blockchain technology, the Russian law will never consider bitcoin as a legal entity in the jurisdiction of the Russian Federation."
The article goes on to say:
"However, Nikiforov added that it is "quite possible" that Russia could consider using blockchain technology, as well as various digital tokens. However, he did not provide any context in which the technology might be utilized."
Do you think we'll see other countries going down this route?
Source: https://www.coindesk.com/russia-will-never-consider-bitcoin-legalization-says-minister/
The article goes on to say:
"However, Nikiforov added that it is "quite possible" that Russia could consider using blockchain technology, as well as various digital tokens. However, he did not provide any context in which the technology might be utilized."
Do you think we'll see other countries going down this route?
Source: https://www.coindesk.com/russia-will-never-consider-bitcoin-legalization-says-minister/
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