|
Title: [2016-01-15] Extensive Bitcoin Use 'Could Disrupt Financial Stability'..... Post by: shane on January 15, 2016, 02:38:44 AM Extensive use of bitcoins and other virtual currencies could pose a threat to the state's financial stability unless restricted, Russia's Investigative Committee Chairman Alexander Bastrykin said Thursday.
MOSCOW (Sputnik) — Bitcoin, a popular virtual web-based currency, has appreciated against the Russian ruble, rising in value from approximately 30,000 rubles ($392) to almost 33,000 rubles by mid-January, according to CoinDesk. Its value remains volatile against most currencies. http://sputniknews.com/business/20160114/1033148273/bitcoin-financial-stability.html Title: Re: [2016-01-15] Extensive Bitcoin Use 'Could Disrupt Financial Stability'..... Post by: botany on January 15, 2016, 06:45:46 AM Extensive use of bitcoins and other virtual currencies could pose a threat to the state's financial stability unless restricted, Russia's Investigative Committee Chairman Alexander Bastrykin said Thursday. MOSCOW (Sputnik) — Bitcoin, a popular virtual web-based currency, has appreciated against the Russian ruble, rising in value from approximately 30,000 rubles ($392) to almost 33,000 rubles by mid-January, according to CoinDesk. Its value remains volatile against most currencies. http://sputniknews.com/business/20160114/1033148273/bitcoin-financial-stability.html It is countries which are unsure about the strength of their currency that are afraid of bitcoin. The Russian rouble was one of the worst performers in 2014-15, hit by sanctions against Russia and the falling crude price. |