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Topic: Russian Supreme Court Orders Revision of Bitcoin Website Ban-GOOD FOR CRYPTO (Read 124 times)

sr. member
Activity: 462
Merit: 252
There was a time not very long ago when we all use to get up daily to very bad and concerning news , now we wake up daily to new great news .Apart from the daily increase in bitcoin prices good news like this continues to put the ecosystem in a better place , it is amazing how bitcoins will change lives in the coming months and create lifetime followers.
newbie
Activity: 154
Merit: 0

Why the current crypto currency market is worse than the Rothschild owned central banking system!
Why the need for bitcoin black?
The founding members of bitcoin own 95%+ of the entire crypto sphere! Founding members are disguised as Satoshi.
The new money system is doomed! The main need in the crypto space is a fair distibution with education to truly empower users, not to continue on the old path of money centralisation painted in a different picture based on tech.

From the start they owned the majority of  bitcoins and manipulated the price to accumulate more of a share in each project.
From this point any other project accepted bitcoin in ICO's and as accumulation through manipulation accumulated their holdings they invested a stake in the other altcoins.
Founding members get involved in a large stage and over time through manipulation accumulate more and more of a market share of the major projects.
Still at a small total market cap 400 Billion the manipulation continues with one goal to own more of a share of each crypto.
December 2017 masses were lured into crypto for the first time strategist to make them lose faith in the space and lose money. Many other rounds of luring will take place and accumulation of a greater % stake will take place into new upcoming projects.

It is the transitioning of the old money to the new money, owning more of a share in the new money than before. Making it seem fair, accidental and a betterment to humanity. When in fact its more slavery and concentration of wealth to the elite.

hero member
Activity: 1834
Merit: 759
For those who want to read the entire piece (not the one OP cited but same article anyway):

https://www.coindesk.com/russian-supreme-court-orders-review-of-crypto-website-ban/

The informational site was apparently banned because it was claiming that Bitcoin was a means of virtual payment, and was therefore undermining the Ruble lmfao. Whoever ordered the ban in the first place either hates Bitcoin or has a really itchy trigger finger.

I'm not expecting much because this is Russia, whom Putin basically rules by himself, but I do hope the bans with unreasonable backgrounds get overturned.
newbie
Activity: 98
Merit: 0
Russia's Supreme Court has effectively overturned the decision to ban access to the Bitcoininfo.ru website, after a popular Russian portal containing information and news related to crypto. The ruling sets a precedent for more than 40 sites with similar content removed by Russian authorities over the past few years.
hero member
Activity: 994
Merit: 544
Well it is a good news to russian cryptocurrency holders if the ban will be lift up. This banning of bictoin and cryptocurrency exchanges is a mess and have affected the cryptocurrency economy. Though the order was for reconsideration but it does not say about lifting the ban off. So let us just hope and wait for the order to be released if it is completeley banned or lifting of ban order.
member
Activity: 224
Merit: 18
According to the Russian Legal Information Agency (RAPSI), the Russian Supreme Court has ordered the Vyborgsky District Court of St. Petersburg to reconsider the ban imposed on a cryptocurrency informational website Bitcoininfo.ru. The site is one of many the Russian authorities have blocked. The directive from the Supreme Court could also determine the future of all currently banned crypto websites.

DETAILS:https://bitsonline.com/
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