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Other => Politics & Society => Topic started by: zeroday on March 21, 2014, 05:05:07 PM



Title: VISA & MASTERCARD blocked Russians from accessing their money
Post by: zeroday on March 21, 2014, 05:05:07 PM
More details is here
https://bitcointalk.org/index.php?topic=525168.0


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.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: DeeSome on March 21, 2014, 05:09:32 PM
One word.

BASTARDS


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: kolev on March 21, 2014, 05:16:31 PM
More details is here
https://bitcointalk.org/index.php?topic=525168.0


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!


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: TTM on March 21, 2014, 05:26:42 PM
Just few banks was banned from using Visa and MC, not whole Russia. Even if all Russian bank got the ban hammer, they will never turn to Bitcoin. Russia government doesn't like things they cannot control, so it is silly to say that they will love cryptocurrency because of this event. China has decent success with their own bankcard brand - UnionPay, Russia will learn that lesson and try to do the same. Furthermore, Russian already have few good payment systems: WebMoney, YandexMoney ...


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: franky1 on March 21, 2014, 05:37:55 PM
More details is here
https://bitcointalk.org/index.php?topic=525168.0


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.

OP please dont chinese whisper something,. (a link that leads to another link, that leads to a news media story, which has not fully quoted or shown the original source document/interview to verify)

again stop causing chinese whispers.

now to correct you. russian people can still go to their bank or to an ATM and get their money out. the only thing that has changed is that mastercard do not process transactions on retail outlets.

Quote
The bank added that its own services relating to Visa and Mastercard cards, like withdrawing cash from the bank’s ATMs works fine.

so at worse instead of handing a card over to a retail cashier the people of russia have to go to an ATM and buy stff the old way ( paper money ) until the banks issue new cards with a new processor.

so your title should read mastercard/visa have stopped processing transactions for customers in russia.

i am just thankful you are requesting others to educate, and not endorsing yourself as an educator


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: mecoin on March 21, 2014, 05:40:34 PM
LOOOOLLLL
thanks for sharing!
another good reason for using bitcoins!

honestly this hole krim-thing is totally stupid!


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: S4VV4S on March 21, 2014, 05:48:04 PM
I think Obama should be careful on his moves because this will probably lead to all Russians selling their many billions of dollars.
And something tells me China will follow.

Bye bye U.S. Dollar  :-*

EDIT: Then again maybe that's his plan to start WW3



Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: franky1 on March 21, 2014, 05:57:20 PM
the bigger news still to come is pick pocketting, handbag thieves and 'stick ups' because everyone has to start carrying around lots of bank notes now instead of a card protected by a pin number


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: amspir on March 21, 2014, 06:07:26 PM
I think Obama should be careful on his moves because this will probably lead to all Russians selling their many billions of dollars.
And something tells me China will follow.

There's not much economic leverage over Russia by the USA because Russia imports nearly nothing from the USA.   However, the rest of Europe is dependent on Russian natural gas, and means to ship natural gas from the USA to Europe in significant quantities are years away.  The USA is war-weary, and can't make a credible military threat.  

The only tools that Obama has left to deal with the Russians are token economic sanctions.  If the issue isn't solved by next winter, I predict Europe will capitulate to Putin when it starts getting cold.

Bitcoin isn't big enough for Russian oligarchs to use to get around the sanctions.   However, it shows that VISA/Mastercard will use politics to determine the validity of transactions going through its system.   Banning Wikileaks donations was just the beginning.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: zeroday on March 21, 2014, 06:17:38 PM
Just few banks was banned from using Visa and MC, not whole Russia. Even if all Russian bank got the ban hammer, they will never turn to Bitcoin. Russia government doesn't like things they cannot control, so it is silly to say that they will love cryptocurrency because of this event. China has decent success with their own bankcard brand - UnionPay, Russia will learn that lesson and try to do the same. Furthermore, Russian already have few good payment systems: WebMoney, YandexMoney ...
TTM, you don't see the point.
Unlike Chinese, the Russians have had freedom to spend money abroad, till now.
I suppose that russian payment systems are worthless outside of russia and people are getting isolated from the outer world.

May be this move is even good for Russian govt as it would force their citizens to spend all the money inside the country. But people will just lose the crumbles of financial freedom they have.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Brangdon on March 21, 2014, 09:47:05 PM
This is why adding the ability to blacklist bitcoins would be a mistake.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: crazynoggin on March 21, 2014, 11:07:20 PM
We do want governments to accept Bitcoin though, and to have the community actively endorsing Russians to break sanctions imposed by a lot of governments across the world would not help our ultimate goal to get Bitcoin widely adapted. Most people understand Bitcoin can be used just for this, but we as a community should avoid endorsing certain uses for Bitcoin to avoid negative hype.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Littleshop on March 21, 2014, 11:25:25 PM
I think Obama should be careful on his moves because this will probably lead to all Russians selling their many billions of dollars.
And something tells me China will follow.

Bye bye U.S. Dollar  :-*

EDIT: Then again maybe that's his plan to start WW3



Russia could not crash the USD even if it tried to.  In fact it looks like Russia has already sold 100 Billion in the last two weeks with little effect.  They don't have much ammo left when it comes to this move.  This will hurt them more then it hurts the USA. 

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. 


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Littleshop on March 21, 2014, 11:30:27 PM
I think Obama should be careful on his moves because this will probably lead to all Russians selling their many billions of dollars.
And something tells me China will follow.

There's not much economic leverage over Russia by the USA because Russia imports nearly nothing from the USA.   However, the rest of Europe is dependent on Russian natural gas, and means to ship natural gas from the USA to Europe in significant quantities are years away.  The USA is war-weary, and can't make a credible military threat.  


Surprisingly the USA could actually get enough natgas to Europe if we wanted to and this would cripple Russia pretty badly.  With one year if we started now we could along with others make up for the Russian natgas by a combination of re-routing, conserving and new capacity. 

France's nuclear plants are looking pretty smart right now. 


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Notanon on March 22, 2014, 06:35:21 AM
Russia will probably start selling their gas and oil to China instead if the EU impose sanctions on gas supplies, as the Chinese don't seem to be in a particular hurry to introduce sanctions. So if they haven't already, they might start building a couple of pipelines into China near Harbin (one for gas, one for oil) and get their income from that instead. Aside from that, this might force the EU to ramp up energy efficiency measures in its constituent member states to counter a contraction of gas supplies that would result from this, and also increase the price of gas supplies from the North Sea and Norway in turn. The US would be eyeing off possible export deals for their shale gas, and possibly Australia as well if their LNG exports to China and the US decline as a result.

Plenty of ways things could play out, depending on key decisions.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: DynamicDK on March 22, 2014, 06:43:11 AM
This is why we have Bitcoin!  No one to deny our transactions :)


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Sat0shiSlot on March 22, 2014, 06:58:34 AM
VISA & MASTERCARD blocked Russians from accessing their money

As far as I read, living standards are higher in Russia, so it would make sense for the Ukrainans to want to join them. Anyway, maybe a little pain first, but it wouldn't take long until they manage just fine without MasterCard and Visa, along with their fees.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Rigon on March 22, 2014, 07:48:32 AM
They are like playing chess. Let see what is the Russia's next move to counter America's sanction.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: ShitHappens on March 23, 2014, 08:03:15 PM
They are like playing chess. Let see what is the Russia's next move to counter America's sanction.

I wonder what country will make checkmate? who'll be the winner and how much people will suffer from this game?


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: predic on March 23, 2014, 08:12:49 PM
visa and mastercard made problem for wikileaks too. don't use them, they are front business of people who are against bitcoin.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: lightfoot on March 23, 2014, 08:17:09 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....


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: 247crypto on March 23, 2014, 08:32:12 PM
Money are not blocked, is lie.
Blocked are payments via mastercard or visa.
People pay via webmoney.ru for online payments and with other services.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: hunter001 on March 23, 2014, 09:54:48 PM
Turn all your funds into Bitcoin while there is still time! 8)


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: 247crypto on March 23, 2014, 10:26:18 PM
https://www.youtube.com/watch?v=4BWUeQwGEGQ


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: 247crypto on March 23, 2014, 10:29:23 PM
Turn all your funds into Bitcoin while there is still time! 8)
Why? Webmoney.ru p2p loans goes up to 30% daily, and You can start to investing with less than $1.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: lightfoot on March 23, 2014, 11:41:45 PM
As a prosper.com lender I am laughing now.....


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: 247crypto on March 24, 2014, 12:00:30 AM
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


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on March 26, 2014, 06:04:38 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. :D

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 :D


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on March 26, 2014, 06:17:36 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 :D

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


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on March 26, 2014, 06:27:06 AM
I think that owners of this bank were lucky during these days. So much free PR :)


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: amspir on March 26, 2014, 07:50:06 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. :D

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 :D

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


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on March 26, 2014, 07:55:26 AM
Quote
Boris and Arkady Rotenberg

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

 :D


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on March 26, 2014, 09:53:49 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).


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: balanghai on March 26, 2014, 10:46:14 AM
Sounds a bit another form of cold war eminent.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: 247crypto on March 26, 2014, 04:02:50 PM
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.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on March 27, 2014, 11:16:56 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).


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on March 28, 2014, 08:49:03 PM
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).


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: mycoin254 on March 29, 2014, 02:58:02 AM
More details is here
https://bitcointalk.org/index.php?topic=525168.0


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.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: zolace on March 29, 2014, 05:49:45 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!!!


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: neighborrr on March 29, 2014, 06:21:12 AM
I have read that Putin ordered to make their own credit card company after Visa and Mastercard blocked Russia


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: duhosnyul on March 29, 2014, 06:50:20 AM
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.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: iamahappyminer on March 29, 2014, 07:06:59 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


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: sanjoea on March 29, 2014, 08:19:59 AM
That's why Bitcoin is good than visa and mastercard


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: berliston on March 29, 2014, 09:32:29 AM
visa and mastercard made problem for wikileaks too. don't use them, they are front business of people who are against bitcoin.
What facts do you have that tell Visa&MasterCard are against Bitcoin?


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Leogheo on March 29, 2014, 02:38:22 PM
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!!!


Everything is for the better future!)) Maybe they finally understand what Bitcoin is our better future


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: amspir on March 29, 2014, 07:39:47 PM
visa and mastercard made problem for wikileaks too. don't use them, they are front business of people who are against bitcoin.
What facts do you have that tell Visa&MasterCard are against Bitcoin?

It would be logical to assume that Visa/MasterCard are against Bitcoin because is it a competing payment system that would cut into their profits.   They are going to fight it, or find a way to adapt and live with it, such as providing bitcoin to Visa/MasterCard gateways.

I personally think that Visa/MasterCard should fade away, by deeming themselves to be the arbiter of who can trade on the system (i.e. Wikileaks, Russian citizens using certain banks)  

I think the Target data breach helps the world know just how insecure their system is.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: 1CoolNewb on March 29, 2014, 07:56:27 PM
I have it on good authority from both my Russian and Chinese friends say this whole mess will blow over soon enough and get back to normal. 

So everyone can calm down and reinvest in btc.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: direction on March 30, 2014, 06:14:03 AM
More details is here
https://bitcointalk.org/index.php?topic=525168.0


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!

Perhaps it is for you, that what others think.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: department on March 30, 2014, 08:14:29 AM
More details is here
https://bitcointalk.org/index.php?topic=525168.0


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!

Perhaps it is for you, that what others think.


Feel you say is like the Russian government does not support the development of network economy.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: greenteanosugar on March 30, 2014, 10:11:00 AM
I have it on good authority from both my Russian and Chinese friends say this whole mess will blow over soon enough and get back to normal. 

So everyone can calm down and reinvest in btc.

I am pretty sure this show will soon end and we just should be patient


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Brangdon on March 30, 2014, 12:16:51 PM
It would be logical to assume that Visa/MasterCard are against Bitcoin because is it a competing payment system that would cut into their profits.   They are going to fight it, or find a way to adapt and live with it, such as proving bitcoin to Visa/MasterCard gateways.
At least some of the value they offer comes from consumer protection. The charge-backs that vendors hate are beneficial to customers, and since it is customers who have the money there may well still be a market for credit card-like consumer protection in Bitcoin.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on March 30, 2014, 12:54:18 PM
I personally think that Visa/MasterCard should fade away, by deeming themselves to be the arbiter of who can trade on the system (i.e. Wikileaks, Russian citizens using certain banks)  

Agreed. VISA / Master just play supporting roles to the US in its war for world domination.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on March 30, 2014, 12:54:46 PM
https://bitcointalk.org/index.php?topic=525190.msg5956741#msg5956741

It would be interesting to see what MasterCard or VISA investors think about this.  ::)


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on March 30, 2014, 02:22:04 PM
I am really worried about BTC-E. They just activated VISA withdrawals.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: lightfoot on March 31, 2014, 12:38:37 AM
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.
*laugh* If you think anyone can lob a tsar bomba over here, then you really need a bit of perspective. Go look it up, see what a 50mt bomb is.

As for being worried? Nope. This kind of tech is exceptionally complex, and not having been kept up to date in the past 20 years is a good indication that it might have... problems... working.



Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on March 31, 2014, 12:48:55 AM
50MT or 100MT is really too much, it would cause too many problems. Though 97% of energy was generated by fusion, the last explosion of 50MT bomb resulted with massive radioactive contamination above the Arctic Circle.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: counter on March 31, 2014, 04:43:06 AM
Sub'd this thread +1 to the OP and thanks for the news.  This sounds like something I'll be very interested in learning more about when I've got more time.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on March 31, 2014, 06:24:39 PM
Visa, Mastercard resume services with 2 Russian banks blocked after US sanctions

http://rt.com/business/visa-mastercard-us-sanctions-693/

Sanctioned Bank Rossiya ditches foreign currency for rouble

http://ic.pics.livejournal.com/krispotupchik/8712371/385422/385422_600.jpg

http://rt.com/business/rossiya-bank-sanctions-ruble-913/

Will see... ::)


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: jetspot on March 31, 2014, 08:00:28 PM
the bigger news still to come is pick pocketting, handbag thieves and 'stick ups' because everyone has to start carrying around lots of bank notes now instead of a card protected by a pin number

Then why not put ATM's inside the retail stores? That would solve the issue of walking around with a lot of cash on hand.

And I agree, this was a very bone-headed move by Obama.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: RomeoCharlie on May 12, 2014, 04:42:57 PM
I do not believe it can help coins somehow.
Coins are enemies for a classic currency of any country - especially like Russia.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on May 12, 2014, 04:55:10 PM
I do not believe it can help coins somehow.
Coins are enemies for a classic cof any country - especially like USA.
Ftfy. :)

US has incredible strict control of foreign accounts usage, with almost zero level of tolerance. This system is extremely close to dictatorship, much closer than its counterparts in USSR or Russian Federation ever were.

Just one example, in USA I can get 3-5 years of prison if I forgot to declare some foreign incomings. In Russia or Germany for the same action I'll get only a moderate fine.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on May 14, 2014, 01:22:46 PM
Lavrov stated today:

"There will be a replacement. Both Visa and MasterCard are already worried about losing our market share."
"It's all virtual money, virtual transactions, and anything virtual can be replicated, especially now, when both Russia and other countries have specialists who know how it works."
http://ria.ru/economy/20140514/1007758715.html

"Virtual money", eh? Does he know he is only one step from invoking Bitcoin?  :P ;D


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on May 14, 2014, 01:42:59 PM
Some good news for Visa / Master. At least they will not get banned in Russia.  ;D

Russia set for national payment system but Visa, MasterCard will stay

http://en.itar-tass.com/opinions/1769

Quote
As many as 85% will prefer a national payment system to Visa and MasterCard cards, shows the poll that the Regnum news agency conducted among about 40,000 web users, while 11% of respondents are not ready to quit them.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on May 14, 2014, 02:25:37 PM
Some good news for Visa / Master. At least they will not get banned in Russia.  ;D
They will, in case of refusal to build local transactions processing centres.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on May 15, 2014, 03:46:47 PM
Oh god.. this is such an embarrassment for Visa / Master. They should have kept their mouths shut, rather than poking the bear with a stick. Really, I feel sorry for them after reading this news.  ;D

Visa, MasterCard to pay $3bn to stay in Russia - Morgan Stanley

http://rt.com/business/159196-visa-mastercard-morgan-stanley


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Davis14 on May 16, 2014, 12:14:18 AM
A company shouldn't be able to block a certain ethnicity from its business (which is really just bad business) and yes maybe this will work out good for bitcoin.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on May 16, 2014, 09:42:39 AM
Oh god.. this is such an embarrassment for Visa / Master. They should have kept their mouths shut, rather than poking the bear with a stick. Really, I feel sorry for them after reading this news.  ;D

Visa, MasterCard to pay $3bn to stay in Russia - Morgan Stanley

http://rt.com/business/159196-visa-mastercard-morgan-stanley


Quote
Russian President Vladimir Putin signed a law on foreign payment systems on May 5 that requires foreign payment systems to be levied at 25 percent of an average amount of transfers profit during one calendar day in Russia, to be paid each quarter to the Central Bank.


Quote
The Morgan Stanley Report titled “The Russian Bear: Impacts of V and MA” said the fees will be more than five times the two companies’ combined annual revenue in Russia. Analysts at Morgan Stanley report net sales for Visa to be between $350-470 million, and $160 million for MasterCard.

How the hell will a 25% fee on profit be larger than the revenue?


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on May 16, 2014, 10:51:31 AM
How the hell will a 25% fee on profit be larger than the revenue?

75% of profit is not profit at all, it won't even cover the bribes... sorry, lobbying. :)


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on May 16, 2014, 11:05:28 AM
How the hell will a 25% fee on profit be larger than the revenue?

75% of profit is not profit at all, it won't even cover the bribes... sorry, lobbying. :)

I was referring strictly to the numbers the article claimed..
Let's not mention "hidden cost or gifts or travel expenses" here.

I haven't heard of a situation where 1/4 of the profit can be larger than the revenue. If we're dealing with the same definitions , profit can't be itself larger than revenue.. so wtf?


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Malin Keshar on May 16, 2014, 11:17:27 AM
Russia gov hates everything that they can't control, like bitcoin, but bitcoin can be a great way to bypass these credit card bans and USA future and current economic sanctions, so what will speak louder?


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on May 16, 2014, 11:38:24 AM
Russia gov hates everything that they can't control, like bitcoin
Well, again somebody talks about the government control while being unable to see the world beyond own nose. Sorry, but it seems very strange to me.

https://bitcointalk.org/index.php?topic=525190.msg6691455#msg6691455

so what will speak louder?
Bitcoin wiki, maybe? ::)

but bitcoin can be a great way to bypass these credit card bans and USA future and current economic sanctions
It can't be the great way, because this solution won't work at all. Forget about bitcoin in the mainstream banking. Modern implementations of bitcoin protocol are incapable to achieve the required transaction rate. There are no decentralized cryptocurrencies which would be able to work as national payment system. Too many scalability issues there waiting for a solution before it will be possible. Sorry for strong language, just tired of these dreams about decentralized & full-scale international banking. It simply won't happen in the near future. It's not about hate or control, it's technically impossible right now. But, eventually, it will be possible.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on May 16, 2014, 11:56:28 AM
Russia gov hates everything that they can't control, like bitcoin
Well, again somebody talks about the government control while being unable to see the world beyond own nose. Sorry, but it seems very strange to me.

https://bitcointalk.org/index.php?topic=525190.msg6691455#msg6691455

so what will speak louder?
Bitcoin wiki, maybe? ::)

but bitcoin can be a great way to bypass these credit card bans and USA future and current economic sanctions
It can't be the great way, because this solution won't work at all. Forget about bitcoin in the mainstream banking. Modern implementations of bitcoin protocol are incapable to achieve the required transaction rate. There are no decentralized cryptocurrencies which would be able to work as national payment system. Too many scalability issues there waiting for a solution before it will be possible. Sorry for strong language, just tired of these dreams about decentralized & full-scale international banking. It simply won't happen in the near future. It's not about hate or control, it's technically impossible right now. But, eventually, it will be possible.

Lols , so you're not just a red bear , but also a bitcoin bear :).


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on May 16, 2014, 12:14:17 PM
lol... Morgan Stanley advises Visa / Master to GTFO Russia.

Visa, MasterCard Better Off Quitting Russia, Morgan Stanley Says

http://www.themoscowtimes.com/business/article/visa-mastercard-better-off-quitting-russia-morgan-stanley-says/500169.html


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on May 16, 2014, 12:17:54 PM
lol... Morgan Stanley advises Visa / Master to GTFO Russia.

Visa, MasterCard Better Off Quitting Russia, Morgan Stanley Says

http://www.themoscowtimes.com/business/article/visa-mastercard-better-off-quitting-russia-morgan-stanley-says/500169.html
What's happened? They don't want to be responsible for some of their recent actions? :)


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on May 16, 2014, 12:23:01 PM
RT:

Quote
Russian President Vladimir Putin signed a law on foreign payment systems on May 5 that requires foreign payment systems to be levied at 25 percent of an average amount of transfers profit during one calendar day in Russia, to be paid each quarter to the Central Bank. The law will be enacted on July 1.

Moscow Times:

Quote
The legislation will require international payment systems who intend to remain on the Russian market beyond July 1 to place a security deposit in the Central Bank equal to the cumulative value of two days of transactions processed in Russia.

Lols


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on May 16, 2014, 12:32:00 PM
It seems that we need to read this bill without using proxy entities like RT. ::)


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on May 16, 2014, 01:35:32 PM
It would seem that Moscow Times is closer to what I read being proposed earlier, a deposit and not a tax.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on May 16, 2014, 05:37:39 PM
http://www.youtube.com/watch?v=KXGPzDq45gM

Something about SWIFT and USD ::)


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on May 16, 2014, 05:40:06 PM
It would seem that Moscow Times is closer to what I read being proposed earlier, a deposit and not a tax.

It is something like the deposits bank have to maintain with the central banks I guess.
So , this will actually not hurt their profits

Stupid journalists.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on May 16, 2014, 05:48:57 PM
So , this will actually not hurt their profits
Yes, in case of absence of sanctions. It seems like this deposits will be used as something like insurance fund.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on May 16, 2014, 05:52:46 PM
So , this will actually not hurt their profits
Yes, in case of absence of sanctions. It seems like this deposits are will be used as something like insurance fund.

Let's for a moment suppose that visa and mastercard go nuts.
They block all the card and money transfers.

What would be the short term consequences?
A bank run? A drop in e-commerce? enormous use of webmoney ? Bitcoin usage?


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on May 16, 2014, 06:25:43 PM
So , this will actually not hurt their profits
Yes, in case of absence of sanctions. It seems like this deposits are will be used as something like insurance fund.

Let's for a moment suppose that visa and mastercard go nuts.
They block all the card and money transfers.

What would be the short term consequences?
A bank run? A drop in e-commerce? enormous use of webmoney ? Bitcoin usage?

If I discover that Visa stops its operations, I would look for alternatives, and Bitcoin would be an obvious choice. I would be asking international merchants to accept BTC in the absence of Visa payments.
Bank run? No.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on May 16, 2014, 06:28:17 PM
Let's for a moment suppose that visa and mastercard go nuts.
They block all the card and money transfers.

What would be the short term consequences?
Lost money will be returned from insurance fund, then something interesting would happen.

A bank run?
Maybe, if significant part of deposits money was invested into the foreign assets.

A drop in e-commerce? enormous use of webmoney ?
This event will have a shocking effect to e-commerce, and some transitional period will be required before new PoS equipment will be established by sellers.

The only problem is international banking. National system will be incompatible with VISA or MC, so customers of sanctioned bank will be unable to work with foreign VISA/MC clients directly. But this shouldn't create any irresistible problem, because local banks are able to work with any payment system using the foreign pass-through, if it would be necessary.

enormous use of webmoney ?
I'd like to see that. But actually, webmoney is just another bank, it could be sanctioned as well as any others.

Bitcoin usage?
Unfortunately, bitcoin network wouldn't be able to process such amount of transactions.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on May 16, 2014, 06:32:12 PM
Let's for a moment suppose that visa and mastercard go nuts.
They block all the card and money transfers.

What would be the short term consequences?
Lost money will be returned from insurance fund, then something interesting would happen.

A bank run?
Maybe, if significant part of deposits money was invested into the foreign assets.

A drop in e-commerce? enormous use of webmoney ?
This event will have a shocking effect to e-commerce, and some transitional period will be required before new PoS equipment will be established by sellers.

The only problem is international banking. National system will be incompatible with VISA or MC, so customers of sanctioned bank will be unable to work with foreign VISA/MC clients directly. But this shouldn't create any irresistible problem, because local banks are able to work with any payment system using the foreign pass-through, if it would be necessary.

enormous use of webmoney ?
I'd like to see that. But actually, webmoney is just another bank, it could be sanctioned as well as any others.

Bitcoin usage?
Unfortunately, bitcoin network wouldn't be able to process such amount of transactions.

Thanks for the detailed answer.
I just realized that a bank run shouldn't be triggered.

The money you have on your visa card are money owned by the bank in my case for example ING.
So it's just you card that got disabled  , it's not your account that is at risk .. so I guess no bank run.


As for webmoney...didn't know they are actually a bank , not a service.
It's a pain in the ass sometimes to use but I had no problems with it in the last 4 years so people would consider it first  , before bitcoin unfortunately.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on May 17, 2014, 03:43:53 AM
What's happened? They don't want to be responsible for some of their recent actions? :)

Right now, VISA / Master is caught between the devil and deep sea. On one side they face the wrath of Obama and his cronies if they don't comply with their order to block the Russian transfers. On the other side, they risk losing their rapidly growing business in Russia and its allies.  ;D


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Sithara007 on May 18, 2014, 07:23:59 AM
Is the Russian national card payment system active now? Or are they yet to officially start the payment system? Can these cards be used for payments outside Russia?


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on May 18, 2014, 10:09:40 AM
Is the Russian national card payment system active now? Or are they yet to officially start the payment system? Can these cards be used for payments outside Russia?

Still in the planning stages:
http://ru.wikipedia.org/wiki/%D0%9D%D0%B0%D1%86%D0%B8%D0%BE%D0%BD%D0%B0%D0%BB%D1%8C%D0%BD%D0%B0%D1%8F_%D1%81%D0%B8%D1%81%D1%82%D0%B5%D0%BC%D0%B0_%D0%BF%D0%BB%D0%B0%D1%82%D1%91%D0%B6%D0%BD%D1%8B%D1%85_%D0%BA%D0%B0%D1%80%D1%82#2014_.D0.B3.D0.BE.D0.B4

Interestingly, Belarus already has its own national, domestically developed system, Belkart.

I remember not so distant past, when visiting Germany, you had to be prepared to take cash in ATMs and pay with cash in the shops, as almost none accepted VISA, while accepting national EC card.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: ejinte on May 18, 2014, 10:32:18 AM
Visa and mastercard are devils with way to much power in their hand. It's time for a change I think. ;)


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on May 18, 2014, 11:01:41 AM
Interestingly, Belarus already has its own national, domestically developed system, Belkart.

In that case it would have been a good idea to jointly develop a combined card payment system for both Russia and Belarus. The infrastructure and the technology is already there.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: RomeoCharlie on May 19, 2014, 08:22:12 AM
I do not believe it can help coins somehow.
Coins are enemies for a classic cof any country - especially like USA.
Ftfy. :)

US has incredible strict control of foreign accounts usage, with almost zero level of tolerance. This system is extremely close to dictatorship, much closer than its counterparts in USSR or Russian Federation ever were.

Just one example, in USA I can get 3-5 years of prison if I forgot to declare some foreign incomings. In Russia or Germany for the same action I'll get only a moderate fine.

That's funny to change my post, yeah.
So how does it breaks my position?


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on May 21, 2014, 09:04:58 AM
Visa announces readiness to pull from the Russian market:
http://rbcdaily.ru/finance/562949991518906


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: majakn on May 21, 2014, 10:15:43 AM
now russia block VISA&MASTER

bye bye USD, BTC is future


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on May 21, 2014, 10:25:42 AM
I don't know. Seems like Russian Duma backpedals, promising to soften the deposit demands... :(
http://ria.ru/economy/20140521/1008678543.html


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: stompix on May 21, 2014, 11:58:53 AM
I don't know. Seems like Russian Duma backpedals, promising to soften the deposit demands... :(
http://ria.ru/economy/20140521/1008678543.html


The google translation makes no sense for me unfortunately.
Is there a deadline on June 1st for this issue?

If they don't make the deposit they will have to force shut-down?


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on May 21, 2014, 12:05:39 PM
I don't know. Seems like Russian Duma backpedals, promising to soften the deposit demands... :(
http://ria.ru/economy/20140521/1008678543.html


The google translation makes no sense for me unfortunately.
Is there a deadline on June 1st for this issue?

If they don't make the deposit they will have to force shut-down?

No, what it says is that the lawmakers can reduce the required level of deposit by the 1st of July, which is the deadline for Visa and MasterCard to Make the deposits.
Visa and MC are asking for the size of the deposit to be reduced and this is being discussed at the moment. The new law comes into power on the 1st of July, and the lawmakers say they will reach a compromise by then, and they refuse to comment any further.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on May 21, 2014, 12:10:39 PM
New law will apply since June 1st, so all issues should be resolved before this date. Article says that representatives of visa & mc are currently negotoating with Central Bank of Russia in order to find suitable value for insurance deposit.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: stompix on May 21, 2014, 12:11:33 PM
I don't know. Seems like Russian Duma backpedals, promising to soften the deposit demands... :(
http://ria.ru/economy/20140521/1008678543.html


The google translation makes no sense for me unfortunately.
Is there a deadline on June 1st for this issue?

If they don't make the deposit they will have to force shut-down?

No, what it says is that the lawmakers can reduce the required level of deposit by the 1st of July, which is the deadline for Visa and MasterCard to Make the deposits.
Visa and MC are asking for the size of the deposit to be reduced and this is being discussed at the moment. The new law comes into power on the 1st of July, and the lawmakers say they will reach a compromise by then, and they refuse to comment any further.

Thanks for the explanation.
But it makes no sense for them to declare that. How can they be so sure.

It can only mean that they have already settled for a smaller amount or even made deal behind the back , requiring them to actual deposit that sum but giving them some privileges in return so both sides will be happy.The politicians acting like patriots and the visa/mastercard team happy about the payouts.Probably they encountered a lot of problems while developing a national system or they didn't had the time.


now russia block VISA&MASTER

bye bye USD, BTC is future

^This will have to wait.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on May 21, 2014, 12:16:46 PM
New law will apply since June 1st, so all issues should be resolved before this date. Article says that representatives of visa & mc are currently negotoating with Central Bank of Russia in order to find suitable value for insurance deposit.

I think that it will be much lower than the $3 billion, which was demanded by the Russian authorities. Probably will be in the range of several hundred million US Dollars.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Hazir on May 21, 2014, 01:06:46 PM
Russia won't accept bitcoin, ever. If their leaders can't steal something from it then it is no use for them to allow it. And after this situation with Visa & Mastercard they will probably develop their own banking&paying procedures, just like China and Belarus. It is only loss for Western Banking companies and for the russian people really.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on May 21, 2014, 01:39:54 PM
Russia won't accept bitcoin, ever.

Too early to say that. In the early stages of Bitcoin (especially in 2011 and 2012), Russians constituted for a large part of the Bitcoiners (IMO, they constituted close to 25% of the Bitcoiners at that time). The Russian government is not pro-Bitcoin, as of now. But they have not yet banned Bitcoin, as China and Thailand has done.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: stompix on May 21, 2014, 03:14:19 PM
Russia won't accept bitcoin, ever.

Too early to say that. In the early stages of Bitcoin (especially in 2011 and 2012), Russians constituted for a large part of the Bitcoiners (IMO, they constituted close to 25% of the Bitcoiners at that time). The Russian government is not pro-Bitcoin, as of now. But they have not yet banned Bitcoin, as China and Thailand has done.

Thailand hasn't banned anything related to bitcoin , they were just poor translated news and China hasn't banned bitcoin usage just trading.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on May 21, 2014, 03:22:28 PM
Thailand hasn't banned anything related to bitcoin , they were just poor translated news and China hasn't banned bitcoin usage just trading.

My source is Bitlegal.

Quote
Thailand’s stance on Bitcoin is difficult to understand. In late 2013, the Bank of Thailand and the Foreign Exchange Administration and Policy Department of Thailand informed the largest Thai exchange that most Bitcoin-related activities, including commerce, exchange, and remittance to be illegal

Also, see this:

Bitcoin banned in Thailand

http://www.cnbc.com/id/100923551


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: 5flags on May 21, 2014, 03:25:26 PM
It is legal in Thailand to buy and sell Bitcoins for native currency. It is not legal to buy and sell for other currencies.

http://www.techinasia.com/bank-thailand-countrys-top-bitcoin-exchange-resume-operations/


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: stompix on May 21, 2014, 03:39:56 PM
Thailand hasn't banned anything related to bitcoin , they were just poor translated news and China hasn't banned bitcoin usage just trading.

My source is Bitlegal.

Quote
Thailand’s stance on Bitcoin is difficult to understand. In late 2013, the Bank of Thailand and the Foreign Exchange Administration and Policy Department of Thailand informed the largest Thai exchange that most Bitcoin-related activities, including commerce, exchange, and remittance to be illegal

Also, see this:

Bitcoin banned in Thailand

http://www.cnbc.com/id/100923551


https://bitcointalk.org/index.php?topic=550894.0

https://bitcointalk.org/index.php?topic=605641.0

https://bitcointalk.org/index.php?topic=617268.0

Doesn't seem to banned to me.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: 5flags on May 21, 2014, 03:58:36 PM
Doesn't seem to banned to me.

Because it isn't. It is restricted, but not banned.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: stompix on May 21, 2014, 05:33:54 PM
Doesn't seem to banned to me.

Because it isn't. It is restricted, but not banned.

That was my point. Lots of fake or incorrectly translated "news" that spread a lot of false information.
And some people take from granted single posts of some blogs or forums.

In case of Thailand even the central bank and the government changed their view a few months ago.
Waiting for China to do their 180 move also.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Kiki112 on May 21, 2014, 08:21:50 PM
One word.

BASTARDS

that's what you get when you do something against the will of almost every western country


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: stompix on May 22, 2014, 11:24:03 AM
EXTREMELY GRAFFIC VIDEO Right Sector kills ex police chief of Donetsk (Kostyantyn Pozhydayev):

https://www.youtube.com/watch?v=cP4Drl6KBdc

BTW... Akhmetov called on workers in all his factories to carry out a mini-strike each day - and nothing happened

I think you posted this in the wrong thread :).
It's about visa and mastercard in russia not the ukraine crisis.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: fdiini on May 22, 2014, 11:46:05 AM
Doesn't seem to banned to me.

Because it isn't. It is restricted, but not banned.

That was my point. Lots of fake or incorrectly translated "news" that spread a lot of false information.
And some people take from granted single posts of some blogs or forums.

In case of Thailand even the central bank and the government changed their view a few months ago.
Waiting for China to do their 180 move also.


It is unlikely china will do 180 move seeing they are trying very hard to prosecute municipal corruption.

Once money leave the country, the government won't be able to seize the asset of corrupted official.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: stompix on May 22, 2014, 11:51:04 AM
Doesn't seem to banned to me.

Because it isn't. It is restricted, but not banned.

That was my point. Lots of fake or incorrectly translated "news" that spread a lot of false information.
And some people take from granted single posts of some blogs or forums.

In case of Thailand even the central bank and the government changed their view a few months ago.
Waiting for China to do their 180 move also.


It is unlikely china will do 180 move seeing they are trying very hard to prosecute municipal corruption.

Once money leave the country, the government won't be able to seize the asset of corrupted official.

Wait until bitcoin gets big enough so that the ones running the government can hide their billions through bitcoins. Then everything will change as at this moment it's not suited for that kind of sums.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on May 22, 2014, 12:30:43 PM
Some respite for Visa / Master in Russia.

Russia could relax rules for Visa and Mastercard -source

http://www.reuters.com/article/2014/05/22/us-russia-sanctions-credit-idUSBREA4L06I20140522


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: stompix on May 22, 2014, 12:40:11 PM
Some respite for Visa / Master in Russia.

Russia could relax rules for Visa and Mastercard -source

http://www.reuters.com/article/2014/05/22/us-russia-sanctions-credit-idUSBREA4L06I20140522

The title is a bit misleading

A quote from the article:
Quote
"Visa said it has taken the decision not to pay a cent," the source added.
That doesn't sound at all like relax. Seems like Visa has the upper hand right now.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on May 22, 2014, 12:46:41 PM
That doesn't sound at all like relax. Seems like Visa has the upper hand right now.

I wouldn't say that Visa is having any advantage right now. If Putin really want, he can kick out Visa / Master in a matter of days. On the other hand, Visa / Master will be severely affected by the loss of one of the fastest growing markets, if he does so.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: stompix on May 22, 2014, 02:28:46 PM
That doesn't sound at all like relax. Seems like Visa has the upper hand right now.

I wouldn't say that Visa is having any advantage right now. If Putin really want, he can kick out Visa / Master in a matter of days. On the other hand, Visa / Master will be severely affected by the loss of one of the fastest growing markets, if he does so.

Severely? Not even close.

According to the Russian central bank, the volume of card transactions in Russia reached 7.3 trillion rubles ($204 billion) in the 4th quarter of 2013. If the two U.S. companies processed 90 percent of that volume, about $2 billion per day, they would have to deposit $4 billion with the central bank between them. Their combined Russian revenue in 2013, at 0.1 percent of transaction volume, looks to have been about $724 million, although that may be a generous estimate: Mastercard says Russia accounts for 2 percent of its revenues, a mere $167 million in 2013.

I also think that the Russians have a paypal like service which is wide spread isn't it?


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on May 22, 2014, 02:39:16 PM
Mastercard says Russia accounts for 2 percent of its revenues, a mere $167 million in 2013.

The percentage might be small, but the market in Russia is one of the fastest growing ones in the world. Other card markets such as the US and the EU are extremely saturated right now, with little scope for growth. So, Russia might be 2% of the volume, but it represents 20% of the potential growth for Mastercard.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on May 23, 2014, 10:42:15 AM
Right. As expected Visa and MasterCard came to an agreement with Russian lawmakers:
http://www.forbes.ru/news/258103-visa-i-mastercard-dogovorilis-s-pravitelstvom-ob-usloviyakh-raboty-v-rossii
The details are not given.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on May 23, 2014, 10:52:18 AM
Right. As expected Visa and MasterCard came to an agreement with Russian lawmakers:
http://www.forbes.ru/news/258103-visa-i-mastercard-dogovorilis-s-pravitelstvom-ob-usloviyakh-raboty-v-rossii
The details are not given.
They came to agreement with government, not with lawmakers. Lawmakers currently prepairing the new bill, which will be used to allow adjustment of deposit value requirements by government.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: stompix on May 23, 2014, 11:06:59 AM
Right. As expected Visa and MasterCard came to an agreement with Russian lawmakers:
http://www.forbes.ru/news/258103-visa-i-mastercard-dogovorilis-s-pravitelstvom-ob-usloviyakh-raboty-v-rossii
The details are not given.

After all that barking about how visa and mastercard can get the of russia if they don't pay an agreement with no details given to the public seems like I was right , Visa has the upper hand.From what i can read with the google translator it seems like they need at least 6 years to create their own payment network.

They would do it faster with bitcoins.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on May 23, 2014, 11:22:00 AM
http://m.forbes.ru/news.php?id=258201

Just like I said before (https://bitcointalk.org/index.php?topic=525190.msg5929168#msg5929168), VISA & MC are planning to create the local processing centers, this would allow them to work around all these US sanctioning issues.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on May 23, 2014, 11:25:25 AM
Right. As expected Visa and MasterCard came to an agreement with Russian lawmakers:
http://www.forbes.ru/news/258103-visa-i-mastercard-dogovorilis-s-pravitelstvom-ob-usloviyakh-raboty-v-rossii
The details are not given.

This might provide a temporary respite for Visa / Master. But with the Russian public remaining fiercely opposed to them, I don't think that they will stay in Russia for the long term.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on June 03, 2014, 09:16:00 PM
New law will apply since June 1st, so all issues should be resolved before this date. Article says that representatives of visa & mc are currently negotoating with Central Bank of Russia in order to find suitable value for insurance deposit.

And it's June the 4th and in the end , nothing happened.
Seems like visa was to much to handle :).



Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on June 03, 2014, 09:18:44 PM
They came to an agreement:
http://online.wsj.com/news/articles/SB10001424052702303749904579579422487971570


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on June 03, 2014, 09:26:47 PM
They came to an agreement:
http://online.wsj.com/news/articles/SB10001424052702303749904579579422487971570

Not really if i read the last two paragraphs:

Mr Siluanov said Visa and MasterCard currently "have problems" with the insurance deposit demanded by the law, but that both sides would seek a solution. Earlier this week, Mr. Siluanov said that Russian cardholders should be ensured against possible service disruptions.

A finance ministry official who asked not to be named said Thursday that Russia hopes to reach an agreement with Visa and MasterCard that will result in creation of a payment system akin to existing systems in France and Turkey. In these two countries global card providers work together with their local peers, processing transactions together.

They won't get any money and any deposit from visa.
Those guys know they can cripple the Russian commerce and they will not pay a cent more.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on June 03, 2014, 09:32:18 PM
Seems like a game.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on June 03, 2014, 09:40:11 PM
Those guys know they can cripple the Russian commerce and they will not pay a cent more.

I wouldn't put it as dramatically. Visa and Master Card are only really important when trading with abroad by tourists or Internet commerce. I don't know what the numbers are, but I can't imagine that being a large segment.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on June 03, 2014, 09:56:43 PM
Those guys know they can cripple the Russian commerce and they will not pay a cent more.

I wouldn't put it as dramatically. Visa and Master Card are only really important when trading with abroad by tourists or Internet commerce. I don't know what the numbers are, but I can't imagine that being a large segment.

Visa and MC have almost 90% of all card transactions in Russia.

According to the Russian central bank, the volume of card transactions in Russia reached 7.3 trillion rubles ($204 billion) in the 4th quarter of 2013. If the two U.S. companies processed 90 percent of that volume, about $2 billion per day,

Well , it does seems like a lot to me.


Also :

"We have 100 million cards there (in Russia) and it is not in anyone's best interest, inclusive of the Russians, to make those cards not available to their own citizens," Pollitt said.

This was visa alone.



Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on June 03, 2014, 10:26:03 PM
Right. Russia needs a domestic payment card system. Badly.

As for the number of cards issued. I have thee Visa cards only because the banks force me to have them to be eligible for other services. I use only one of those when I am abroad. Inside Norway, the transactions go through the Scandinavian Bank Axept payment card system, so in my daily life Visa is not used, except for an occasional internet purchase.

I wish Russia the same.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Ron~Popeil on June 03, 2014, 10:59:42 PM
You don't use financial services as a weapon of war. This is immoral. The Russian people are not responsible for the bad actions of their government.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on June 04, 2014, 06:50:40 AM
the bad actions of their government.
Who determines where "bad", and where the "good"? Or by word "bad" you mean something what Obama doesn't like? :D


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on June 04, 2014, 07:16:23 AM
The Russian people are not responsible for the bad actions of their government.

bad actions of their government? Did the Russian government invaded half the world nations for their oil and gas resources, like what the Americans did? Did they gave weapons and money to Al Qaeda, just like what the Americans did in Syria?


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nik1ab on June 04, 2014, 08:31:32 AM
the bad actions of their government.
Who determines where "bad", and where the "good"? Or by word "bad" you mean something what Obama doesn't like? :D
american propaganda tells them that everything that Obama doesn't like is bad. It would be funny if it wasn't so serious.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on June 04, 2014, 10:38:25 PM
You don't use financial services as a weapon of war. This is immoral. The Russian people are not responsible for the bad actions of their government.

No , it's far better to use live ammunition. That wouldn't be immoral.
It'a a war game and it's being fought not with guns but with $.

And unfortunately , yes , the people are always responsible for the action of their government , because... it's THEIRS.
You don't support the government , replace it or bring it down it. You don't like it and you can't overthrow it or replace it, move to another country.



Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on June 04, 2014, 10:39:38 PM
The Russian people are not responsible for the bad actions of their government.

bad actions of their government? Did the Russian government invaded half the world nations for their oil and gas resources, like what the Americans did? Did they gave weapons and money to Al Qaeda, just like what the Americans did in Syria?

At least the Americans after the invasions withdraw from those countries... the Russians are still there after 60 years :)


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on June 04, 2014, 10:57:46 PM
The Russian people are not responsible for the bad actions of their government.

bad actions of their government? Did the Russian government invaded half the world nations for their oil and gas resources, like what the Americans did? Did they gave weapons and money to Al Qaeda, just like what the Americans did in Syria?

At least the Americans after the invasions withdraw from those countries... the Russians are still there after 60 years :)
Well, German people are even not allowed to have a real constitution, for example. Basic Law was approved at 8 May 1949 by puppets of occupation administration, and it still in power. Taking into account all these signs, Germany is under occupation right now... 2014 - 1949 = 65  ::)


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on June 05, 2014, 04:05:50 AM
At least the Americans after the invasions withdraw from those countries... the Russians are still there after 60 years :)

Russians still there after 60 years? Which countries are you talking about? As far as I know no Russian soldier is stationed outside Russia. On the other hand, the US is having a military presence in more than 100 countries.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Ron~Popeil on June 05, 2014, 04:35:44 AM
the bad actions of their government.
Who determines where "bad", and where the "good"? Or by word "bad" you mean something what Obama doesn't like? :D

International aggression is bad. Seizing territory from another nation is bad. I don't care what Obama thinks at all. I didn't care what George W Bush thought either. I didn't vote for either and disagree with pretty much everything either one of them said or did in office.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Ron~Popeil on June 05, 2014, 04:39:26 AM
the bad actions of their government.
Who determines where "bad", and where the "good"? Or by word "bad" you mean something what Obama doesn't like? :D
american propaganda tells them that everything that Obama doesn't like is bad. It would be funny if it wasn't so serious.

Well please educate my weak American mind. Save me from my governments propaganda for I am unable to think for my self. Better yet stop being an elitist prick.

Free trade makes war less likely. Restricting that trade based on political bickering makes war more likely. 

 


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on June 05, 2014, 05:04:51 AM
International aggression is bad. Seizing territory from another nation is bad. I don't care what Obama thinks at all. I didn't care what George W Bush thought either. I didn't vote for either and disagree with pretty much everything either one of them said or did in office.

Then you should be protesting against your own country who are the no.1 aggressor. Will give you a list, here:

1949 Greece
1952 Cuba
1953 Iran
1953 British Guyana
1954 Guatemala
1955 South Vietnam
1957 Haiti
1958 Laos
1960 South Korea
1960 Laos
1960 Ecuador.
1963 Dominican Republic
1963 South Vietnam
1963 Honduras
1963 Guatemala
1963 Ecuador.
1964 Brazil
1964 Bolivia
1965 Zaire.
1966 Ghana
1967 Greece
1970 Cambodia
1970 Bolivia
1972 El Salvador
1973 Chile
1979 South Korea (Pro-USA government wanted)
1980 Liberia
1982 Chad
1983 Grenada
1987 Fiji
1989 Panama
2001 Afghanistan
2002 Venezuela
2003 Iraq
2004 Haiti
2009 Honduras
2011 Libya
2011 Tunisia
2013 Egypt
2014 Ukraine


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on June 05, 2014, 11:35:10 AM
At least the Americans after the invasions withdraw from those countries... the Russians are still there after 60 years :)

Russians still there after 60 years? Which countries are you talking about? As far as I know no Russian soldier is stationed outside Russia. On the other hand, the US is having a military presence in more than 100 countries.


The post peaceful country in the world , Russia:

http://commons.wikimedia.org/w/index.php?search=Historical+map+of+Russia&title=Special%3ASearch&go=Go&uselang=ro

At lest the Americans bought some of the lands like the former colony of Louisiana and Alaska but...


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on June 05, 2014, 01:38:35 PM
At least the Americans after the invasions withdraw from those countries... the Russians are still there after 60 years :)

Russians still there after 60 years? Which countries are you talking about? As far as I know no Russian soldier is stationed outside Russia. On the other hand, the US is having a military presence in more than 100 countries.


The post peaceful country in the world , Russia:

http://commons.wikimedia.org/w/index.php?search=Historical+map+of+Russia&title=Special%3ASearch&go=Go&uselang=ro

At lest the Americans bought some of the lands like the former colony of Louisiana and Alaska but...

Seems to be pretty stable, save for those times, when Russia was invaded.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on June 05, 2014, 02:25:01 PM
At least the Americans after the invasions withdraw from those countries... the Russians are still there after 60 years :)

Russians still there after 60 years? Which countries are you talking about? As far as I know no Russian soldier is stationed outside Russia. On the other hand, the US is having a military presence in more than 100 countries.


The post peaceful country in the world , Russia:

http://commons.wikimedia.org/w/index.php?search=Historical+map+of+Russia&title=Special%3ASearch&go=Go&uselang=ro

At lest the Americans bought some of the lands like the former colony of Louisiana and Alaska but...

Seems to be pretty stable, save for those times, when Russia was invaded.

From it's neighbors view , sorry to say it but I remember how my teacher once said about another empire , It seems like a cancer spreading.
Besides , it's the only empire or country that kept expanding it's territory every century. and yes it just did it again this one too :).





Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Ron~Popeil on June 05, 2014, 02:40:34 PM
International aggression is bad. Seizing territory from another nation is bad. I don't care what Obama thinks at all. I didn't care what George W Bush thought either. I didn't vote for either and disagree with pretty much everything either one of them said or did in office.

Then you should be protesting against your own country who are the no.1 aggressor. Will give you a list, here:

1949 Greece
1952 Cuba
1953 Iran
1953 British Guyana
1954 Guatemala
1955 South Vietnam
1957 Haiti
1958 Laos
1960 South Korea
1960 Laos
1960 Ecuador.
1963 Dominican Republic
1963 South Vietnam
1963 Honduras
1963 Guatemala
1963 Ecuador.
1964 Brazil
1964 Bolivia
1965 Zaire.
1966 Ghana
1967 Greece
1970 Cambodia
1970 Bolivia
1972 El Salvador
1973 Chile
1979 South Korea (Pro-USA government wanted)
1980 Liberia
1982 Chad
1983 Grenada
1987 Fiji
1989 Panama
2001 Afghanistan
2002 Venezuela
2003 Iraq
2004 Haiti
2009 Honduras
2011 Libya
2011 Tunisia
2013 Egypt
2014 Ukraine

I don't disagree at all. The US government makes a lot of bad decisions. Being an American does not mean I support any of this. 


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on June 05, 2014, 03:53:17 PM
Seems to be pretty stable, save for those times, when Russia was invaded.

Russia has lost a lot of territory during the 19th and 20th centuries. Examples are Alaska (to the United States), Kars (to Turkey), Novorossiya (to Ukraine) and the Semipalatisk-Karaganda region (to Kazakhstan).


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on June 06, 2014, 02:55:36 PM
Seems to be pretty stable, save for those times, when Russia was invaded.

Russia has lost a lot of territory during the 19th and 20th centuries. Examples are Alaska (to the United States), Kars (to Turkey), Novorossiya (to Ukraine) and the Semipalatisk-Karaganda region (to Kazakhstan).

That wasn't "lost" , you can lose your wallet on the street  but you can't claim you lost money when you did go shopping with them and bought a bunch a stuff.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on June 06, 2014, 03:02:13 PM
That wasn't "lost" , you can lose your wallet on the street  but you can't claim you lost money when you did go shopping with them and bought a bunch a stuff.

It was lost. Russia received compensation, which was at that time worth less than 1% of the real value of Alaska. Also, the sale was made under the threat of an impending British invasion.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on June 06, 2014, 03:11:23 PM
That wasn't "lost" , you can lose your wallet on the street  but you can't claim you lost money when you did go shopping with them and bought a bunch a stuff.

It was lost. Russia received compensation, which was at that time worth less than 1% of the real value of Alaska. Also, the sale was made under the threat of an impending British invasion.

Real value? It was the value at that time and it was seen as a foolish move by a lot of Americans.
Like the people who claim that the guy buying a pizza with 10 000BTC was an idiot.

And the impending British invasion... which never happen.

The land was sold and it wasn't lost.
How much of the land Russia sits on was bought and not conquered spilling blood ?

Russia , Britain , France , Turkey they did the same , no point in defending the the Russians as some peace loving people.
They did the same in Siberia as the americans and british in the US with the natives.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on June 06, 2014, 03:27:52 PM
They did the same in Siberia as the americans and british in the US with the natives.

At the time of the Siberian conquest, that region was being ruled by the Tatars, who had enslaved the local population. Not saying that the Russians were any better than the Tatars, but the Russians didn't took the land from the original inhabitants. The Ostyaks and Voguls had already lost their land at the time of the Siberian conquest.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on June 06, 2014, 03:56:51 PM
They did the same in Siberia as the americans and british in the US with the natives.

At the time of the Siberian conquest, that region was being ruled by the Tatars, who had enslaved the local population. Not saying that the Russians were any better than the Tatars, but the Russians didn't took the land from the original inhabitants. The Ostyaks and Voguls had already lost their land at the time of the Siberian conquest.

http://en.wikipedia.org/wiki/Russian_conquest_of_Siberia

I know you don't like Wikipedia although  you quote it often , but look at the references.

Besides lots of samoeds and aleut people were slaughter and those were not tatars. And god knows how many more natives.

Also , the siberian khnate rulled by tatars was a small part of siberia.
And again as in the other thread , acting like an invader and killing the invader that got there first before you doesn't make you better.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: bryant.coleman on June 06, 2014, 04:49:41 PM
Besides lots of samoeds and aleut people were slaughter and those were not tatars. And god knows how many more natives.

The Samoyeds and Aleuts were living in the more remote parts of Siberia. They were contacted much later. Initially, the contacts were limited to the Ostyaks, Tatars and Voguls. The other smaller tribes were already decimated as a result of the inter-tribal warfare. When smallpox and other epidemics reached their lands, most of the tribes became extinct.

But this has happened not only in Siberia. It has happened in the Americas, Africa and Oceania.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: niothor on June 06, 2014, 05:08:54 PM
Besides lots of samoeds and aleut people were slaughter and those were not tatars. And god knows how many more natives.

The Samoyeds and Aleuts were living in the more remote parts of Siberia. They were contacted much later. Initially, the contacts were limited to the Ostyaks, Tatars and Voguls. The other smaller tribes were already decimated as a result of the inter-tribal warfare. When smallpox and other epidemics reached their lands, most of the tribes became extinct.

But this has happened not only in Siberia. It has happened in the Americas, Africa and Oceania.


Which again makes my point , the russians acted the same as the americans and english.

And just because they slaughter them after the tatars (later) doesn't really help.


Quote
In order to subjugate the natives and collect yasak (fur tribute), a series of winter outposts (zimovie) and forts (ostrogs) were built at the confluences of major rivers and streams and important portages.To ensure subjugation of the natives, the ostrogs of Yeniseysk (1619) and Krasnoyarsk (1628) were established.[4]

Quote
Following the khan's death and the dissolution of any organised Siberian resistance, the Russians advanced first towards Lake Baikal and then the Sea of Okhotsk and the Amur River. However, when they first reached the Chinese border they encountered people that were equipped with artillery pieces and here they halted.

Quote
At the hands of people like Vasilii Poyarkov in 1645 and Yerofei Khabarov in 1650 some peoples like the Dauri were slaughtered by the Russians to the extent that it is considered genocide. 8,000 out of a previously 20,000 strong population in Kamchatka remained after being subjected to half a century of Cossacks slaughter.[6] In the 1640s the Yakuts were subjected to slaughters during the Russian advance into their land near the Lena river, and on Kamchatka in the 1690s the Koryak, Kamchadals, and Chukchi were also subjected to slaughters by the Russians

Quote
In Kamchatka the Russians savagely crushed the Itelmens uprisings against their rule in 1706, 1731, and 1741
Quote
The Russians faced tougher resistance when from 1745-56 they tried to exterminate the gun and bow equipped Koraks until their victory

Quote
After the Russian defeat in 1729 at Chukchi hands, the Russian commander Major Pavlutskiy was responsible for the Russian war against the Chukchi and the mass slaughters and enslavement of Chukchi women and children in 1730-31, but his cruelty only made the Chukchis fight more fiercely.[9] A genocide of the Chukchis and Koraks was ordered by Empress Elizabeth in 1742 to totally expel them from their native lands and erase their culture through war.

more.....?



Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on June 25, 2014, 11:31:32 AM


http://www.bbc.co.uk/russian/business/2014/06/140620_russia_visa_mastercard_deposit.shtml

According to new bill, it is required to account only the foreign processing operations. VISA & MC don't have any local processing centers, so all of their transactions should be accounted. It seems that nothing has been changed in real, they're still required to pay $2.9 billion.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on June 25, 2014, 12:00:48 PM
Which again makes my point , the russians acted the same as the americans and english.

And just because they slaughter them after the tatars (later) doesn't really help.


Quote
In order to subjugate the natives and collect yasak (fur tribute), a series of winter outposts (zimovie) and forts (ostrogs) were built at the confluences of major rivers and streams and important portages.To ensure subjugation of the natives, the ostrogs of Yeniseysk (1619) and Krasnoyarsk (1628) were established.[4]

Quote
Following the khan's death and the dissolution of any organised Siberian resistance, the Russians advanced first towards Lake Baikal and then the Sea of Okhotsk and the Amur River. However, when they first reached the Chinese border they encountered people that were equipped with artillery pieces and here they halted.

Quote
At the hands of people like Vasilii Poyarkov in 1645 and Yerofei Khabarov in 1650 some peoples like the Dauri were slaughtered by the Russians to the extent that it is considered genocide. 8,000 out of a previously 20,000 strong population in Kamchatka remained after being subjected to half a century of Cossacks slaughter.[6] In the 1640s the Yakuts were subjected to slaughters during the Russian advance into their land near the Lena river, and on Kamchatka in the 1690s the Koryak, Kamchadals, and Chukchi were also subjected to slaughters by the Russians

Quote
In Kamchatka the Russians savagely crushed the Itelmens uprisings against their rule in 1706, 1731, and 1741
Quote
The Russians faced tougher resistance when from 1745-56 they tried to exterminate the gun and bow equipped Koraks until their victory

Quote
After the Russian defeat in 1729 at Chukchi hands, the Russian commander Major Pavlutskiy was responsible for the Russian war against the Chukchi and the mass slaughters and enslavement of Chukchi women and children in 1730-31, but his cruelty only made the Chukchis fight more fiercely.[9] A genocide of the Chukchis and Koraks was ordered by Empress Elizabeth in 1742 to totally expel them from their native lands and erase their culture through war.

more.....?


Niothor, I wanted to reply to your post, before holidays, but forgot, where I saw it. Now Balthazar inadvertently brought the topic back up. :)

In your examples above you took the history out of context.

First you need to consider what came before: 300 years of Tatar-Mongol occupation (yoke) of Russian, a period when Russians were almost completely exterminated. Those brutalities were still fresh in memory then (they are still not forgotten now), and, as Cossacks were pushing further East, the people who looked Asian were associated with Tatars or Mongols and brutality was a way of dealing retribution. I do not in any way justify such actions, but that is the mindset of that period.

Contacts with Chukchi existed from before the events you describe. As an aside Chukchi have several words describing human beings, but only they themselves and Russians were gratified with their use of the word "real people". At the same time Chuckchi creation myths say that Russains were created by the gods to serve Chukchi with metals and goods, but somehow forgotten their true purpose and turned on their masters.

Now, let's see what came later - in 1770 the Anadyrsk fortress was laid down, which spurred friendlier relations between Chukchi and Russians, and already in 1775 Angarsk fortress was built, and it served as a centre for trade - big fairs were organised there, where Chukchi and Russians could exchange all kinds of local goods, and the turnover of trade accounted for hundreds of thousands of roubles in the monetary value of those days. In 1848 the fair was moved to Anjusk fortress, and served up to the middle of the 19th century.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Nemo1024 on June 25, 2014, 07:33:01 PM

http://www.bbc.co.uk/russian/business/2014/06/140620_russia_visa_mastercard_deposit.shtml

According to new bill, it is required to account only the foreign processing operations. VISA & MC don't have any local processing centers, so all of their transactions should be accounted. It seems that nothing has been changed in real, they're still required to pay $2.9 billion.

VISA announced that they will build their own local processing centre in Russian Federation within 2 years:
http://www.kommersant.ru/doc/2499104


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: wenben on June 26, 2014, 03:08:04 AM
Besides lots of samoeds and aleut people were slaughter and those were not tatars. And god knows how many more natives.

The Samoyeds and Aleuts were living in the more remote parts of Siberia. They were contacted much later. Initially, the contacts were limited to the Ostyaks, Tatars and Voguls. The other smaller tribes were already decimated as a result of the inter-tribal warfare. When smallpox and other epidemics reached their lands, most of the tribes became extinct.

But this has happened not only in Siberia. It has happened in the Americas, Africa and Oceania.


Which again makes my point , the russians acted the same as the americans and english.

And just because they slaughter them after the tatars (later) doesn't really help.


Quote
In order to subjugate the natives and collect yasak (fur tribute), a series of winter outposts (zimovie) and forts (ostrogs) were built at the confluences of major rivers and streams and important portages.To ensure subjugation of the natives, the ostrogs of Yeniseysk (1619) and Krasnoyarsk (1628) were established.[4]

Quote
Following the khan's death and the dissolution of any organised Siberian resistance, the Russians advanced first towards Lake Baikal and then the Sea of Okhotsk and the Amur River. However, when they first reached the Chinese border they encountered people that were equipped with artillery pieces and here they halted.

Quote
At the hands of people like Vasilii Poyarkov in 1645 and Yerofei Khabarov in 1650 some peoples like the Dauri were slaughtered by the Russians to the extent that it is considered genocide. 8,000 out of a previously 20,000 strong population in Kamchatka remained after being subjected to half a century of Cossacks slaughter.[6] In the 1640s the Yakuts were subjected to slaughters during the Russian advance into their land near the Lena river, and on Kamchatka in the 1690s the Koryak, Kamchadals, and Chukchi were also subjected to slaughters by the Russians

Quote
In Kamchatka the Russians savagely crushed the Itelmens uprisings against their rule in 1706, 1731, and 1741
Quote
The Russians faced tougher resistance when from 1745-56 they tried to exterminate the gun and bow equipped Koraks until their victory

Quote
After the Russian defeat in 1729 at Chukchi hands, the Russian commander Major Pavlutskiy was responsible for the Russian war against the Chukchi and the mass slaughters and enslavement of Chukchi women and children in 1730-31, but his cruelty only made the Chukchis fight more fiercely.[9] A genocide of the Chukchis and Koraks was ordered by Empress Elizabeth in 1742 to totally expel them from their native lands and erase their culture through war.

more.....?



The world is build by conqueror. Anyone who feel sorry for their enemies today may come to regret some years down the road.


 


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: onlyu on June 26, 2014, 04:21:15 AM

The world is build by conqueror. Anyone who feel sorry for their enemies today may come to regret some years down the road.
 

Spot on.

Christianity was evil at one point during the crusades:
http://en.wikipedia.org/wiki/Crusades


Muslim wasn't that much different:
http://en.wikipedia.org/wiki/Muslim_conquests


If you are on the winning camp, enjoy it while you can. Survival of fitness, any culture who got themselves into bad position either need to adapt and change or die off to make room for others.







Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: majakn on July 01, 2014, 11:54:50 AM
1949 Greece
1952 Cuba
1953 Iran
1953 British Guyana
1954 Guatemala
1955 South Vietnam
1957 Haiti
1958 Laos
1960 South Korea
1960 Laos
1960 Ecuador.
1963 Dominican Republic
1963 South Vietnam
1963 Honduras
1963 Guatemala
1963 Ecuador.
1964 Brazil
1964 Bolivia
1965 Zaire.
1966 Ghana
1967 Greece
1970 Cambodia
1970 Bolivia
1972 El Salvador
1973 Chile
1979 South Korea (Pro-USA government wanted)
1980 Liberia
1982 Chad
1983 Grenada
1987 Fiji
1989 Panama
1991 ex Yugoslavia
1999 again Yugoslavia (Serbia&MN)
2001 Afghanistan
2002 Venezuela
2003 Iraq
2004 Haiti
2009 Honduras
2011 Libya
2011 Tunisia
2013 Egypt
2014 Ukraine


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: cech4204a on July 02, 2014, 09:29:36 AM
They still have bitcoins here ready to be used massive. I just don't get it why people still resist from it, while it makes so good to all of the people.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on July 02, 2014, 12:37:17 PM
They still have bitcoins here ready to be used massive. I just don't get it why people still resist from it, while it makes so good to all of the people.
Because it's not ready to be used massive. Not in our universe, at least.

Russia gov hates everything that they can't control, like bitcoin
Well, again somebody talks about the government control while being unable to see the world beyond own nose. Sorry, but it seems very strange to me.

https://bitcointalk.org/index.php?topic=525190.msg6691455#msg6691455

so what will speak louder?
Bitcoin wiki, maybe? ::)

but bitcoin can be a great way to bypass these credit card bans and USA future and current economic sanctions
It can't be the great way, because this solution won't work at all. Forget about bitcoin in the mainstream banking. Modern implementations of bitcoin protocol are incapable to achieve the required transaction rate. There are no decentralized cryptocurrencies which would be able to work as national payment system. Too many scalability issues there waiting for a solution before it will be possible. Sorry for strong language, just tired of these dreams about decentralized & full-scale international banking. It simply won't happen in the near future. It's not about hate or control, it's technically impossible right now. But, eventually, it will be possible.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on July 22, 2014, 10:29:35 AM
Russia won't accept bitcoin, ever. If their leaders can't steal something from it then it is no use for them to allow it.
Legal Prime GS Consulting, JSC

It's a pretty big law firm, which is located in Moscow, and they accept bitcoin as payments for their services.

http://www.legalprimegsc.ru/news/my_prinimaem_k_oplate_bitkoiny_Bitcoin_dlya_obespecheniya_anonimnosti_pri_raschetah_s_klientami_pri_okazanii_uslug_trebuyuschih_spetsialnogo_rezhima_k-344/

So if you need a lawyer in Russia, then you can contact them.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: TaunSew on July 22, 2014, 10:45:43 AM
What are Russians doing at the moment with their money?

Sanctions might be getting worse and fast, due to the airplane.  If I was in Russia I would be converting all my disposable money into Bitcoin - Bitcoin shouldn't change that whole much but the Russian economy could be in the gutter if big sanctions are placed against it.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Balthazar on July 22, 2014, 10:52:57 AM
They most of them don't care about sanctions. Some people are investing into shares of energy and industrial sector companies... I'm buying shares for 1/3 of my monthly salary, for example.


Title: Re: VISA & MASTERCARD blocked Russians from accessing their money
Post by: Muhammed Zakir on July 22, 2014, 11:00:58 AM
What are Russians doing at the moment with their money?

Sanctions might be getting worse and fast, due to the airplane.  If I was in Russia I would be converting all my disposable money into Bitcoin - Bitcoin shouldn't change that whole much but the Russian economy could be in the gutter if big sanctions are placed against it.


I don't think Russians are much aware of bitcoin.  I am thinking about to logging in in to my VK account and spread the word BTC to all. I have got many friends. I just want to recover my pass. I last logged in more than 4+ months ago.
Kindly,
          MZ