Its strange, one day we are reading that Putin is saying how bad decentralized currency is and now they want to create their own crypto version of rubble.
Well to be fair i don't recall him saying that specifically.
But you are missing the point here..
The comment the Russian official made was saying they are looking at making a CENTRALIZED coin of sorts.
Why is obvious.. the Russian govt is all about control of their citizens.. they are communists for fucks sake's people ROFL
That will not be able to be mined.
I read about this news first at Neowin.net then seen the topic here.
https://www.neowin.net/news/russia-to-reportedly-soon-issue-its-own-cryptocurrency-named-cryptorubleget it ?
"
Putin is saying how bad decentralized currency is"
While his people are looking at issuing a
CENTRALIZED coin.. like ETHEREUM.
You people are idiotic hypocrites.
They are saying they are going to do what Butters did with ETH.
ETH was / is a centrally controlled launched ICO that was not mined.Mining was tacked on later after the fact when users like me pointed out how that is scammy.
Recall the famous fork ?
He called up the exchanges and said "freeze the coin"
..and they all did.I have to laugh my fucking god damn ass off how you all line up to criticize this coin when ETHEREUM is actually worse.
I respect the fact that Russia is interested in a C U R R E N C Y.
And not an APP's "smart contract" gimmick coin cloning platform with a "fuel token" ICO'd and tacked on.
ETH is NOT a currency.. it's a scheme coin.
The ETH guys pretty much invented coin manipulation from launch to the super hype/spam/pump of early 2016.
Who was buying all those coins on it's 2014 obscure launch in 100 BTC chunks ?You profiteer investards wouldn't know a corrupt
rigged coin
scheme if it bit you in the ass.
ETH proved crystal clear that if you pump it.. then they will come.They kept testing the waters for about two years until the super pump.
They made topics asking "What do you think of ETH?"
And as usual every topic monthly was ignored or flamed briefly.
No one ever wanted anything to do with ETH and they pointed out all the bad aspects of it.
Until.. it got pumped.
THEN.. you were all of a sudden on board
According to the definitions of a scam coin, Ethereum is a scam.
But you all don't give a shit.. because it's paying out $$$.
And THAT is what this Russian coin will amount to.