Smart Regulation Could Make Russia Next Major Bitcoin Market


Russia could evolve into the next major Bitcoin market, as the government continues to encourage Bitcoin mining and moves closer towards regulating its cryptocurrency exchange market.

Russia’s plan
Earlier this week, Cointelegraph revealed that Russian President Vladimir Putin approved the launch of CryptoRuble, a cryptographically-secured state-issued national digital currency.

Minister of Communications Nikolay Nikiforov said:

“I confidently declare that we run CryptoRuble for one simple reason: if we do not, then after two months our neighbors in the EurAsEC will.”

Continue Reading...https://cointelegraph.com/news/smart-regulation-could-make-russia-next-major-bitcoin-market

Yes,because simply he created me,all of the people,the universe and everything around us.If people have faith,you already beiieve in Him.

Yes,it can reduce the increasing rate of the unemployment.Many unemployed person have a gadgets that a number one requirement in bitcoin.Bitcoin is a one way of earning money and can help to many unemployed peson.But we cannot rely on bitcoin,having a stable job and stable income is still the best that we must to do.

One of the biggest problem in every country is poverty,and not all country know or familiar about bitcoin.And i don't even think that bitcoin can end poverty in the world.Many people have no enough money to buy foods and even a comfortable shelter.How can they afford to buy some gadgets and to have interternet connection for bitcoin.Maybe bitcoin can lessen the rate of unemployment and to some people need a extra income but can't end the poverty.Only the government and the people on every nation can solve the biggest problem of the economy.

For me it starts depend on the progress of bitcoin in a one society/country that uses bitcoin and it depend also in the progress of their technology.We all know that bitcoin need a internet connection. .Like here in my country (Philippines),many places have no electricity,no electricity no internet.Maybe in 2022,the bitcoin may used in many ways but not by almost people.

I still have no bitcoin,but my friend who have bitcoin use the coins.ph as a wallet.It is the popular and trusted wallet here in my country.So i also installed that app too.(coins.ph).There's a lot of requirements needed in this app(coins.ph),to verify and qualify you to use theire app/wallet.But i know its for security of the bitcoin and user also.

How long bitcoin will survive??,i think its  unpredictable.Just like the movement of the value of bitcoin in past many years,sometimes increasing and sometimes goes down.Bitcoin runs through technology,and now we're in a modern technolgy,from time to time our technology is getting better,so there's a possibility that bitcoin can survive.And also the popularity of bitcoin needs some improvement,it helps the bitcoin to survive.the more people use it,the bigger the demand will be.

Bitcoin needs a internet connection,unfortunately no internet no bitcoin .And there is a possibility to be hacked.Many people have no idea about it,mostly some of them totally don't know and have doubt its existence.Bitcoin is also not used in some country,maybe this is one reason preventing of its popularity,this is one of bitcoin's disadvantage.The value of bitcoin still not stable.

Banks in an establishment that conduct of any financial transactions.Everyone deals through banks from depositing money,loans,exchanging currencies  and for facilitating and transmission of funds must be done through with it.Banks is part of life of many people like money,especially the business mans.Blackchain use for the transmission and the status of the funds,just like banks it use for transmission also,so for maybe in the near future banks and bitcoin may be both useful to each other.The bitcoin can transmit through banks. But bitcoin can't banks disappear,because banks is known as a global financial transactions.

Bitcoin can be useful as money,and be the worlds top currency,because it can be use in any country.In the near future,the bitcoin can be use in paying different fees,without converting it into cash.Just a one swipe of a card,like ATM(credit card,debit card),its more convinient to used.Can be happen because of the ripid progression of the bitcoin,and also the value of bitcoin is continuesly increasing.In that case the popularity of bitcoin will continuesly.

In my opinion,the government should introduce bicoin in society or community.Here in my country bitcoin is not much popular,and if the government allow to use and give people some knowledge about bitcoin maybe it can help and have a big benefit in the community and in the economy.And i hope they should not give a tax on it,specially that bitcoin is also a source of income.

Better to save it.We need to be practical,if there's no something important to buy,just keep it.Saving is like,investing and time deposit.When you deposit a money and keep it on a bank for how many years,it will have a big return.The longer the time the higher the amount.And in bitcoin,as far as i know,after several years,bitcoin rise its value.And maybe someday,the bitcoin you save may double the price.

Yes ofcourse,money  is a person's wealth.We can say money can't buy happiness,respect from others or even life.But how can you live without money.We're in a modern civilization now,and everything has changed.The culture,people and environment .And in this changes had a big effect in our economy.People had a unlimited wants and needs,but we have a limitid sources.Money is in our daily life,we need money to buy foods,clothes,pay bills,etc..In short,we need money to survive.We're not at all in time that everywhere has foods to eat(fruits,vegetable) and clean water to drink.We need money to buy those things.

Save money in a bank especially over a long period of time is better,but invest it is the best way for me.Investing is risky,so be smart and wise in choosing a company where you want to invest your money.Choose the stable and popular company.The good thing in investing,it can be sell and bought.

Gun control can help to lessen crime but cannot totally stop it.For me the main problem having crime is poverty.People can do crime even without guns and some authorize person with guns can do crime also.Here in my country some policeman use their guns not to protect civilian person and for their duty ,unfortunately some of them use guns for their own sh*t things.Gun is a weapon/firearm,for protection or saving someone lives,for civilian or authorized person still crime is everywhere,we must learn to protect ourselves with or without gun.

A society without money is like a relationship without love.Money is something  that generally accepted as a medium of exchange,measures a value of something and use as a payments.Society compose a group of people with diffirent laws,values and tradition,and money is the number one thing that many people has,want and use in daily living.Without money,a one society have a low productivity.Bitcoin is not much popular,and its not easy to use because you must convert it into a cash.Money is more convinient that a bitcoin.They both have similarities,you need to earned it.

For me,its a no.We all know that gold is a metal that is very valuable and it used in making many things such jewelry and gold coins.Gold can turn into coins,is a bitcoin can turn into gold??Thousand years ago and from now,gold is still in existence and most popular metal not just a metal but a valued metal that many of us want it.Bitcoin is good but for me,only poeple who had and became rich because of it beleived that bitcoin can replace gold. Bitcoin is better but for me gold is the best.

I dont know if how many people left their job just to focus in bitcoin.But  its a choice,if for you bitcoin can help you in your daily expenses  and some things then its your choice,as long as you can live with it.But i'd ruther choose to be on my job,i still join in bitcoin but just for extra income.We need to be more wiser,specially in choosing something for our future.

Oo naman,marami parin ang pwedeng pagkakitaan dito sa pilipinas,kahit sa maliit na kapital mag-umpisa ay maaari kang kumita at yumaman,kailangan mo lang maging maabilidad samahan narin ng sipag at tiyaga.Sa simpleng pagtitinda nga lang sa internet maaari ka nang kumita,hindi man stable at least may extrang income.Marami narin akong kilala na talaga namang kumikita sa gamit lang ang internet.😀Oo,malaki nga ang kita sa abroad,pero pwede kang mag-ipon at umuwi na lang dito sa pinas at mag-umpisa ng isang business,isang business na dapat gusto mo,patok sa tao at alam mong patakbuhin.Masarap kumita lalo na kapag kasama ang pamilya,hindi ba?😀

Wala akong doubt sa bitcoin dahil kaibigan ko ang nag-introduce nito sa akin.Almost 1year na sya s bitcoin at totoong kumikita sya!Kaya tiwala akong hindi scam ang bitcoin,infact nalaman ko ibang teachers namin kasali sa bitcoin,kaya bakit pa ako dapat mag alinlangan sa bitcoin?!haha,Bago pa lang ako dito sa bitcoin,sana palarin din ako tulad nila.😊