VISA & MASTERCARD blocked Russians from accessing their money - page 7.

iamahappyminer

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Quote from: zolace on March 29, 2014, 12:49:45 AM

Guys you should see this as a plus, if Russians in USA and Russia cant use Visa and Matercard, maybe this will help bitcoin. Way to go Visa and Mastercard!!!

I wish it would be thruth but it seems like Putin are far from Bitcoin and maybe he even think that Bitcoin is something that is american abd now he is trying to get rid of evetyting connected with US

duhosnyul

sr. member

Activity: 266

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Quote from: lightfoot on March 23, 2014, 03:17:09 PM

Quote from: Littleshop on March 21, 2014, 06:25:25 PM

Obama or Putin could start WW3 easily either openly or secretly. This is NOT hard to do. A little mistake with a ship, plane, missile or sub could do it on either side. Luckily neither of them really want it.

Given that the Russians sank their own sub the last time they tried to launch a torpedo, I don't think this is a very big problem these days. These things are complex, and after 20+ years of neglect they probably will not work too well.

Unlike the AK47, which you can bury in mud for 20 years, dig up and fire....

Not all test work in the first time eventually they will perfected it. Russians has pretty advance delivery and defense systems. Just imagine 50 megaton thermonuclear bomb detonated in your city and russians still have +8000 more if its not enough.

neighborrr

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I have read that Putin ordered to make their own credit card company after Visa and Mastercard blocked Russia

zolace

sr. member

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Guys you should see this as a plus, if Russians in USA and Russia cant use Visa and Matercard, maybe this will help bitcoin. Way to go Visa and Mastercard!!!

mycoin254

newbie

Activity: 52

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Quote from: kolev on March 21, 2014, 12:16:31 PM

Quote from: zeroday on March 21, 2014, 12:05:07 PM

More details is here
https://bitcointalksearch.org/topic/visa-mastercard-has-cut-russian-banks-cardholders-cannot-access-money-525168

I think it's good time to educate russians about the benefits of bitcoin.

I'm calling all russian speaking to start massive campaing promoting bitcoin in comments and discussions of relevant articles in russian press. May be their dumb authorities will finally realize that bitcoin is their friend.

It's obvious that you don't understand how credit cards work. No, they didn't block heir bank accounts, they just cannot spend them using heir debit/credit cards. This hurts American and European businesses more than Russia and the Russians! Stupid Obama! Worst president ever!

I don't think so, now the government is also bad, President Obama is trying to solve this problem. So now the policy is in line with the temporary phase of the Federal National conditions.

Balthazar

legendary

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Quote from: Balthazar on March 27, 2014, 06:16:56 AM

Actually such behavior of any payment system is a rude violation of the law. Nobody is allowed to block or spy without authorization from court.

http://www.forbes.ru/finansy/regulirovanie/252629-rossiya-kontratakovala-visa-i-mastercard

So, the new bill is currently under review. If it will be accepted then MasterCard and VISA will be forced to build local transactions processing centres on the russian territory. This would be able to protect citizens from Obomber's malicious activity (accounts locking, collection of transactions data).

By the way, this also means that mastercard & visa will lose their profit from processing fees (VISA makes ~$4 billion for a year here).

Balthazar

legendary

Activity: 3108

Merit: 1359

Actually such behavior of any payment system is a rude violation of the law. Nobody is allowed to block or spy without authorization from court.

http://www.forbes.ru/finansy/regulirovanie/252629-rossiya-kontratakovala-visa-i-mastercard

So, the new bill is currently under review. If it will be accepted then MasterCard and VISA will be forced to build local transactions processing centres on the russian territory. This would be able to protect citizens from Obomber's malicious activity (accounts locking, collection of transactions data).

247crypto

sr. member

Activity: 350

Merit: 250

Blocking money of Russian tax evaders help RF to be stronger.
Blocking foreign money order service help Russia to build and develop own processing services.

Russia need more sanctions.

balanghai

sr. member

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Sounds a bit another form of cold war eminent.

bryant.coleman

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Quote from: Balthazar on March 26, 2014, 01:27:06 AM

I think that owners of this bank were lucky during these days. So much free PR

Agreed. And it is positive PR as well (in Russia).

Balthazar

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Quote

Boris and Arkady Rotenberg

http://www.servant.org/writings/humor/h_mfarj.php

Cheesy

amspir

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Quote from: Balthazar on March 26, 2014, 01:04:38 AM

Subject is too strong... Only one bank is blocked, and I really don't understand why this bank has been chosen as a victim. Bank of Russia is not so popular organization, most of the people even didn't knew about their existance. It seems that this idiots thought that it's something like Bank of America. Cheesy

Anyway, now this bank became popular through a free promotion by Obama... Putin, Rogozin, Kadirov and a bunch of others even opened their accounts here Cheesy

See http://www.npr.org/blogs/parallels/2014/03/24/293866579/a-primer-on-the-sanctions-against-russia

Quote

Visa and MasterCard briefly stopped processing payments to SMP bank, whose co-owners Boris and Arkady Rotenberg were sanctioned. Bank Rossiya, the country's 19th largest and believed to be close to Russian President Vladimir Putin, was also hit by the credit card companies. In effect, Bank Rossiya can't engage in dollar-based transactions.

These are token sanctions, because Russia has very little trade with the US. I'm sure that Putin is asking for payment in rubles for the American astronaut that the Russians just gave a ride to the ISS.

Balthazar

legendary

Activity: 3108

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I think that owners of this bank were lucky during these days. So much free PR

bryant.coleman

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Quote from: Balthazar on March 26, 2014, 01:04:38 AM

Anyway, now this bank became popular through a free promotion by Obama... Putin, Rogozin, Kadirov and a bunch of others even opened their accounts here Cheesy

Hmm... Kadyrov's account will be very heavy. Every year he is stealing billions of USD from the Russian tax payers.

Balthazar

legendary

Activity: 3108

Merit: 1359

Subject is too strong... Only one bank is blocked, and I really don't understand why this bank has been chosen as a victim. Bank of Russia is not so popular organization, most of the people even didn't knew about their existance. It seems that this idiots thought that it's something like Bank of America. Cheesy

Anyway, now this bank became popular through a free promotion by Obama... Putin, Rogozin, Kadirov and a bunch of others even opened their accounts here Cheesy

247crypto

sr. member

Activity: 350

Merit: 250

Quote from: lightfoot on March 23, 2014, 06:41:45 PM

As a prosper.com lender I am laughing now.....

prosper is only for some states of US, not open to everyone

on webmoney.ru you can find many offers from 1 to 0.5% daily

lightfoot

legendary

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I fix broken miners. And make holes in teeth :-)

As a prosper.com lender I am laughing now.....

247crypto

sr. member

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Quote from: hunter001 on March 23, 2014, 04:54:48 PM

Turn all your funds into Bitcoin while there is still time! Cool

Why? Webmoney.ru p2p loans goes up to 30% daily, and You can start to investing with less than $1.

247crypto

sr. member

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https://www.youtube.com/watch?v=4BWUeQwGEGQ

hunter001

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Turn all your funds into Bitcoin while there is still time! Cool

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