News: Putin

[Amph]

There have been rumors that btc is some sort of nsa project related to tracking peoples monetary activities.  Could it be that putin thought this too, and now is finally thinking its "safe" to use?

I really wonder how putin really feels about the US Govt and vice versa.  How much of the situation is just media hype??

well then its flawed because altcoin make this point moot, thei failed in their created quite a bit or they were so naive that they couldn't thinking about the possibility of other chain? i doubt

so my verdict is that this rumors is a bullshit

They probably will make their own state controlled crypto coin, like Ecuador or Bolivia said they are going to do.

I doubt Russia will officially adopt something they can't control

no governments will ever do that, a centralized system that adopt a decentralized system, sound like an oxymoron

[Kakmakr]

I will not read too much into that, because a lot of countries allow Bitcoin holding as a investment, but they do not allow it as a accepted currency. They will not arrest you, if you have Bitcoins BUT they may harass you, if you accept it as a currency in merchant trading. As far as I know, there is no ban on Bitcoins in Russia.    

[jaberwock]

I will not read too much into that, because a lot of countries allow Bitcoin holding as a investment, but they do not allow it as a accepted currency. They will not arrest you, if you have Bitcoins BUT they may harass you, if you accept it as a currency in merchant trading. As far as I know, there is no ban on Bitcoins in Russia.    

They may harass you now because they said that BTC might be linked with terrorism and crime, and most BTC sites are blocked for the russians. They are supposed to ban BTC in august, if things don't change

more info:

http://forklog.com/pryamaya-translyatsiya-bitcoin-conference-russia/

[cellard]

Is this a change is stance for them then? I thought I had read somewhere in the past that Russia had banned Bitcoin.

A lot of people is backpedling about their critiques with BTC and are slowly (or suddenly) changing their views and seeing it as more positive. They've seen banning it is useless, so what can you do? accept it. Im surprised Putin corrected his stance on BTC this quick tho, I would expect him to be one of the last guys to pick the train.

[Guido]

From the reliable source of some guys twitter account.    

this was zerohedge, not some random guy, do you not even know who they are?

here
http://cointelegraph.com/news/114854/russias-putin-bitcoin-can-be-used-in-some-account

never doubt the Guido  

[RoadTrain]

I will not read too much into that, because a lot of countries allow Bitcoin holding as a investment, but they do not allow it as a accepted currency. They will not arrest you, if you have Bitcoins BUT they may harass you, if you accept it as a currency in merchant trading. As far as I know, there is no ban on Bitcoins in Russia.    

They may harass you now because they said that BTC might be linked with terrorism and crime, and most BTC sites are blocked for the russians. They are supposed to ban BTC in august, if things don't change

The bold part is not true. There was a ban on some sites, but it got overturned by court later. Currently it's all working.

[xmasdobo]

We'll see putin investing in BTC in the following years, every country will.

[loiterin9]

How is that for skeptical? http://ria.ru/technology/20150714/1128671862.html

His press secretary is saying do not consider putin's words as support for bitcoin 

[RoadTrain]

How is that for skeptical? http://ria.ru/technology/20150714/1128671862.html

His press secretary is saying do not consider putin's words as support for bitcoin 

That's usually what press secretary does - make sure the words are as vague as possible. It might be damage control, meaning that the president has said something which does not have a consensus within the government.

[Guido]

http://www.coindesk.com/timeline-putin-adds-to-bitcoins-rocky-history-in-russia/

[Hazir]

They probably will make their own state controlled crypto coin, like Ecuador or Bolivia said they are going to do.

I doubt Russia will officially adopt something they can't control

I have to agree Russian government is obsessed with control and dominance. They banned bitcoin before because they couldn't control it.
But as the time goes they realize digital currency is the future and it would be a waste not to invest/research this.
If they adapt bitcoin it would be awesome, but if they create RussiaCoin or something like that it will be used only as equivalent for Rubles.
Used only by Russian citizen and controlled by government, it is not not exactly a bright future we want.

[RoadTrain]

They banned bitcoin before because they couldn't control it.

Can you stop spreading bullshit, please...

[BTCLovingDude]

if the Russian big investors come to bitcoin, it is going to the moon soon

[milaliss]

Putin’s mentioning of ‘coins’ at an educational forum for the young people provoked a wide range of reactions from bitcoiners and non-bitcoiners, both Russian and foreign.

There is an article about this reaction on Coinfox:
http://www.coinfox.info/news/2421-bitkoin-soobshchestvo-obsuzhdaet-slova-rossijskogo-prezidenta-o-kriptovalyute-2

[Hazir]

They banned bitcoin before because they couldn't control it.

Can you stop spreading bullshit, please...

Oh yea? Of course they banned it because they have not power over it. Because they said: 'the ban is necessary as monetary surrogates are widely used for buying illegal goods and money laundering'.

Also Russian government want to protect people from cryptocurrencies as they stated: 'Cryptocurrencies have no real value and their prices are determined due to speculations.
So, there is a great risk that investors will lose their money'

From what I can see it looks like they hate bitcoin because people can do whatever they want with BTC and government can't do shit about it.

[oblivi]

I think it's clear now that governments are taking neutral or even positive stances about Bitcoin because they will start building their own Bitcoin national reserves for the future, just like they do with gold. They will probably keep it secret and only release this information if other countries start releasing it. Until they, make no mistake, governments are hiring traders to build stacks of Bitcoin and they will continue to do so for as long as BTC is this cheap.

[RoadTrain]

They banned bitcoin before because they couldn't control it.

Can you stop spreading bullshit, please...

Oh yea? Of course they banned it because they have not power over it. Because they said: 'the ban is necessary as monetary surrogates are widely used for buying illegal goods and money laundering'.

Also Russian government want to protect people from cryptocurrencies as they stated: 'Cryptocurrencies have no real value and their prices are determined due to speculations.
So, there is a great risk that investors will lose their money'

From what I can see it looks like they hate bitcoin because people can do whatever they want with BTC and government can't do shit about it.

I want you to get your facts straight. There is no, and never was any kind of a ban on Bitcoin in Russia. There are currently different interpretations of existing laws, but it doesn't amount to a ban, it's regulatory uncertainty.

PS. What you cited is not the law, it's a project of the law that will be reviewed by Duma this August, IIRC. If it passes in its current form, then there will be a ban I guess.

[olcaytu2005]

 Watch this videos guy...

 https://www.youtube.com/watch?v=MmIkfx5lxz8 (start from 56.minute about virtual currency but it s only russian )

 https://www.youtube.com/watch?v=nvk8TE7Y9PI

[eerygarden]

 Watch this videos guy...

 https://www.youtube.com/watch?v=MmIkfx5lxz8 (start from 56.minute about virtual currency but it s only russian )

 https://www.youtube.com/watch?v=nvk8TE7Y9PI

Is that a world leader addressing students in an easy going way? Breath of fresh air! How hard is it to learn Russian and could I make it pay?

[Hollingsworth]

Oh goodie: a Russian Mt Gox is in the works...