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Topic: Russian Bitcoin Users Can Face Jail Time up to 15 years - page 6. (Read 11558 times)

legendary
Activity: 4690
Merit: 1276
"After all, you hear about the holocaust on a regular basis. But you seldom hear about the fact that Stalin might have murdered as many as 10 times more in Russia and surrounding nations than Hitler did."

Most people when asked about the holocaust will quote the 6 million Jews that were killed but Hitler actually had 13 million "untermensch" put to death in total, 6 million of whom were jewish. The other 7 million seem to have been conveniently forgotten.

I went the better part of my life thinking that Gypsies were Jews in some muddled way most likely associated with the rather, um, 'charged' nature of the curriculum surrounding this matter.

I recently had a Romanian co-worker and learned all about Gypsies.  And not in some namby-pamby politically correct way either!

legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Russia’s Central Bank: Bitcoin Users Can Face Jail Time

MOSCOW, January 27 (RIA Novosti) – Russia’s top monetary authority slammed digital currencies Monday, warning that Bitcoin use can lead to criminal charges in the country.

The anonymously produced “virtual currencies” can be intended by its producers for money laundering and terrorism funding purposes, the Central Bank said in a statement.

This means that Russian digital currency users can become involved in criminal activity simply by using the Bitcoin and its analogues, the regulator said.

Digital currencies also lack any backing and are used for financial speculation, which increases risks for users, the Central Bank said.

Moreover, Russian legislation directly prohibits the issuance of surrogate currency, the statement said.

Money laundering is punishable with up to seven years in prison in Russia; funding terrorism – with up to 15 years. Russia’s legislation does not state a punishment for issuing surrogate currency.

http://en.ria.ru/business/20140127/186966541/Russias-Central-Bank-Bitcoin-Users-Can-Face-Jail-Time.html

Russian exchange indefinitely down and not answering their emails and support tickets in 5...4...3...
sr. member
Activity: 371
Merit: 250
"After all, you hear about the holocaust on a regular basis. But you seldom hear about the fact that Stalin might have murdered as many as 10 times more in Russia and surrounding nations than Hitler did."

Most people when asked about the holocaust will quote the 6 million Jews that were killed but Hitler actually had 13 million "untermensch" put to death in total, 6 million of whom were jewish. The other 7 million seem to have been conveniently forgotten.
full member
Activity: 126
Merit: 100


The anonymously produced “virtual currencies” can be intended by its producers for money laundering and terrorism funding purposes, the Central Bank said in a statement.

This means that Russian digital currency users can become involved in criminal activity simply by using the Bitcoin and its analogues, the regulator said.


http://en.ria.ru/business/20140127/186966541/Russias-Central-Bank-Bitcoin-Users-Can-Face-Jail-Time.html


Of course the banks would issue such a fear-mongering, irrational threat. A last-ditch effort to scare people away from cryptocurrencies.

These are the ragged last gasps of an injured and cornered animal. Time to put it down.
legendary
Activity: 4410
Merit: 4766
this is the OP sniffing glue and not understanding the context of the article if he believes that bitcoin can land you in prison simply by owning it. ...

No, that's actually exactly the way it's intended to be interpreted:

Quote
The anonymously produced “virtual currencies” can be intended by its producers for money laundering and terrorism funding purposes, the Central Bank said in a statement.

This means that Russian digital currency users can become involved in criminal activity simply by using the Bitcoin and its analogues, the regulator said.

This is meant to provide a clear chilling effect for Russians, ie, don't do this, we don't approve - you have been warned.

It is Russia.


ok lets translate it again for you

if you accept bank notes you can become involved in criminal activitiy by handling:
drug money
defrauded money
stolen money
money that eventually ends up in terrorists hands

so does this stop you from accepting bank notes?? no
hero member
Activity: 490
Merit: 501

Don't worry people.  If the Western governments crack down on Bitcoin we'll just move to China Russia somewhere else.  So there is no need to harden the solution and consider corp/state sponsored attacks.  Those are just whacked out 'conspiracy theories.'  Having a pretty UI is much more important.  If we can bloat the blockchain enough then maybe it will get to big to attack!



China Russia India USA UK Who's Next? The list of countries we can run to seems to be shrinking. lol

I suppose that there is always the Cayman Islands. heh.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.

Don't worry people.  If the Western governments crack down on Bitcoin we'll just move to China Russia somewhere else.  So there is no need to harden the solution and consider corp/state sponsored attacks.  Those are just whacked out 'conspiracy theories.'  Having a pretty UI is much more important.  If we can bloat the blockchain enough then maybe it will get to big to attack!



China Russia India USA UK Who's Next? The list of countries we can run to seems to be shrinking. lol
legendary
Activity: 3906
Merit: 1373
you guys need to aknowledge the fact that russian central bank is not governed by the russian government, putin's party, elite or any other entity that serves russian people. russian central bank just like in most countries in the world is owned by multinational families and clans who oppose the idea of bitcoin becoming mainstream. putin is big enough now to wait for fiat system to crumble a little for him to sieze control and to start issuing money on state level - just like its supposed to be. dont forget the people who are behind central banks, fed, euro etc are way bigger and few steps higher than any president in the world today.

This is kinda true. Take Hitler for example. He took Germany from being possibly the poorest of industrial nations - a nation that had "lost face" before the world when they lost WWI - to being one of the most powerful in the world. And he did it in just 6 years by kicking the Jews' banking system out.

It took the banking system a long time to recover from the wound that Hitler gave them. If Hitler had been a good guy, if he had not been a bit crazy, killed a whole bunch of innocent people for nothing, he might have become famous and conquered the banking system for real. Of course, we wouldn't have Bitcoin then, because we wouldn't need it.

As it is, the banking system used the United States and Russia to conquer Hitler before he could destroy them. After all, you hear about the holocaust on a regular basis. But you seldom hear about the fact that Stalin might have murdered as many as 10 times more in Russia and surrounding nations than Hitler did. And look at the 55 million of its own citizens the U.S. has killed through abortions!

Smiley

legendary
Activity: 4690
Merit: 1276

Don't worry people.  If the Western governments crack down on Bitcoin we'll just move to China Russia somewhere else.  So there is no need to harden the solution and consider corp/state sponsored attacks.  Those are just whacked out 'conspiracy theories.'  Having a pretty UI is much more important.  If we can bloat the blockchain enough then maybe it will get to big to attack!

legendary
Activity: 1202
Merit: 1015
you guys need to aknowledge the fact that russian central bank is not governed by the russian government, putin's party, elite or any other entity that serves russian people. russian central bank just like in most countries in the world is owned by multinational families and clans who oppose the idea of bitcoin becoming mainstream. putin is big enough now to wait for fiat system to crumble a little for him to sieze control and to start issuing money on state level - just like its supposed to be. dont forget the people who are behind central banks, fed, euro etc are way bigger and few steps higher than any president in the world today.
legendary
Activity: 3906
Merit: 1373
Russia is pathetic it's like evolution backwards. They get dumber and dumber. Vladamir Putin is an assclown.

Better lock your doors man.. word travels fast around the globe.  Grin

Yeah. Putin can send his hitmen over here in a minute, and nobody would know.

If Obama wanted to protect America from terrorism, he would arm ALL Americans to the hilt, and train them in how to protect themselves from all terrorists. As it is, what is his real plan?

I wonder if he is worried about Bitcoin throwing a wrench into his operations.

Smiley

legendary
Activity: 1386
Merit: 1004
Create an alt called GayCoin and then you can go to jail twice.

And if you stay out of jail you also need to worry about being blown up at least if you go to the games.
full member
Activity: 196
Merit: 100
Anyone fancy creating a  putinisgaycoin.


Stalinist dickhead. !!!

 Grin
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
If I hold 1 BTC in my wallet, I can go to prison? I don't think so.
With that attitude, Russia will just stay behind everyone.

It seemingly is behind everyone with their homophobic laws and anti-gay stance. Pathetic behaviour.

What does anti-gay stance have to do with accepting or not btc?

It has to do with Russia being behind everything else and stifling things they have no business repressing.

Create an alt called GayCoin and then you can go to jail twice.

In soviet Russia gaycoin owns you  Grin.
legendary
Activity: 2674
Merit: 2965
Terminated.
Russia is pathetic it's like evolution backwards. They get dumber and dumber. Vladamir Putin is an assclown.
Putin is cool though, as a person.
full member
Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
Russia is pathetic it's like evolution backwards. They get dumber and dumber. Vladamir Putin is an assclown.

Better lock your doors man.. word travels fast around the globe.  Grin
legendary
Activity: 4690
Merit: 1276
Create an alt called GayCoin and then you can go to jail twice.

I actually did look to see of lgbtcoin.org was taken (among many others) but someone got it.  The only one I ended up getting was nracoin.org.

My criteria was something that I didn't care enough about to feel guilty about not giving away.  I'd probably give the NRA a decent deal, but I they are on my shit-list for 20 years of awful mainstream political support so I don't mind gouging them a bit.  I might have given the queers a deal or even given it to them for free, but since someone else got it before me I won't have to make that decision.

I also got 'bitcoin-legacy.org' and I will give that one away for free.  But very selectively.

full member
Activity: 214
Merit: 100
Russia is pathetic it's like evolution backwards. They get dumber and dumber. Vladamir Putin is an assclown.
legendary
Activity: 3906
Merit: 1373
Russia has always attempted to control their people. Even before the Bolshevik Revolution, when the Czar still ruled, it was all about control and stealing from the people. The failure when the U.S.S.R. crashed in 1991 is what comes about when a government attempts to apply too much control over the people.

In America, the government has been operating things from the other end. Russia was always from the control freak end, having to go towards the freedom end to keep from being destroyed. The U.S. started way freer than Russia has been, like forever, and so they are testing the waters, to see how far they can go with taking freedom away from Americans.

Both, the United States and Russia are experimenting with constantly changing methods to screw their people. But both governments know that if they don't provide some freedom, they will be screwing themselves, royally. If We The People use Bitcoin the right way, we just might be able to change both governments into a whole lot more freedom, and free the whole world at the same time.

Let's put on our thinking caps and figure out ways to incorporate the freedom of the Bitcoin idea into everything - http://www.wired.com/wiredenterprise/2014/01/ethereum/

Smiley

full member
Activity: 227
Merit: 100
If I hold 1 BTC in my wallet, I can go to prison? I don't think so.
With that attitude, Russia will just stay behind everyone.

It seemingly is behind everyone with their homophobic laws and anti-gay stance. Pathetic behaviour.

What does anti-gay stance have to do with accepting or not btc?
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