Bitcoin Forum

Bitcoin could be illiegal in Russia. What Russians should do by your opinoin? Is that normal that our government trying to demolish all ways to make some money? I think that was a b

To be frank, there's really nothing you can do if your government tries to restrict its users to use bitcoin or other crypto for that matter. If you have a booming crypto-related business in Russia but the government isn't too keen on what's happening with the cryptomarket and tries to inhibit its growth, you have no other choice but to cross borders and establish your business elsewhere. It's normal that some countries wouldn't like crypto to flourish since they only look at the negative implications of the innovation. I couldn't blame them though if they are doing this to protect their citizens from potential frauds and scams

from russia there is:

ethereum (vitalik buterin is son of two russian parents)
waves plattform

russia is not cryptohostile but bitcoinhostile.
as is china. i mean seriously bitcoin is like tooth decay for societies.

i still support the anti bankster movements through bitcoin though, as do many as people are fed up with banksters

nakamoto was against the influence of the banking cartels, and less on tech freakness.

regards

The cryptocurrency in Russia I see is the fastest growing and healthy. they very neatly organize crypto there. their teamwork is also very good, probably including the most professional than any other country. the government there seems to see bitcoin like a new thing that will bring down its country.

I can't agree with the fact that Russia is hostile to bitcoin.  In Russia, a serious crypto legislation was developed, which will enter into force on July 1 this year. Most importantly, do not forget to pay taxes on time)

50% of TV-News in Rus talk about Crypto, mostly about progressive sided of it

how do you know?

i have a good feeling why

I think it should really be a good time for the Russia media to talk about bitcoin whether for good or bad. now that the world cup holding in Russia is almost here.

Bitcoin is illegal in 5 countries in the world. There people can't trade or get involved in any type of cyptos. Even they  can't talk about bitcoin or other crypto currencies in public. If the government ban this no one can do with it. So if this also happens in Russia, it's really sad to know.

in russia only "bitcoin" is banned cryptos are beeing considered friendly this is because of political reasons because the russians think that cryptos will weaken the capitalists in societies hostile against them like usa, eu etc.

the cryptocapitalists are then like a weapon against the capitalists in those countries. same like when russia was attacked with the capitalists that dissolved the soviet union with their new national currencies.

Government has some legal reasons like terrorism. But of course it is useful reason when they need to ban something. I think we don't need to search real reasons.

I do not think that this is normal. Although the government is probably more profitable when the people are poor, it's probably easier for them to manage it.
But the people will always find workarounds.

cryptocurrencies "Bitcoin & other" have different benefits and disadvantages depending on the views and each government has the right to take what suits them.
The absence of government cover does not mean that you can not buy Bitcoin, but you will lose rights such as grievance in case of fraud or difficulty in cash out.
If you believe in encryption, you can buy some currencies, but if your goal is to invest or make a quick profit or run a business, it is better for you to find another way "Stay away from cryptocurrencies. "

It's obvious you have a thing or two against proper nouns for allowing your words begin in small letters. What is the fate-ish?  :o These countries and names may not forgive you easily.

On a more serious note, it shocks me whenever I read about a developed country prohibiting the activities of bitcoin as if the country doesn't know the blockchain is the future of modern business. In such a situation, my empathy lies with the citizenry who suffer this prohibition and are blocked from making the most of this phenomenal called the cryptocurrency.

hI

IMHO Russian people don't care about legal aspects of bitcoin in Russia. If it makes money and profit - it's primary goal. Everything rest - just small problems. Goverment cannot control it in a right way. Telegram sotry showed that on 1000%