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Author Topic: Russia’s Unexplainable Stand On Bitcoin  (Read 1830 times)
MUCHSIN
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March 12, 2015, 03:09:51 AM
 #21

What is the real stand of Russia about Bitcoin?

Are they faking their really stand about it or are Russian authorities really are just divided about Bitcoin?

How can we deal about this 'lawmaker' who is badmouthing bitcoin?

A country like Russia should not be taken seriously about their current stand on things like Bitcoin.

Russia is a self centered country. They dont care about Bitcoin, they care about something that could benefit them and not others.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Beatkoyn
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March 13, 2015, 05:50:31 AM
 #22

What is the real stand of Russia about Bitcoin?

Are they faking their really stand about it or are Russian authorities really are just divided about Bitcoin?

How can we deal about this 'lawmaker' who is badmouthing bitcoin?

Russia, as a secretive country as it is, is planning to create a digital currency that will benefit their communist country.
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March 13, 2015, 06:00:39 AM
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The main thing that countries are afraid of is losing control. Bitcoin is difficult to control from a governing point of view. How much restriction a country will apply to Bitcoin depends on how much they fear of losing control. China, Russia, and some of the non-democratic countries are probably the most fearful of losing control.

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March 13, 2015, 10:44:09 PM
 #24

What is the real stand of Russia about Bitcoin?

Are they faking their really stand about it or are Russian authorities really are just divided about Bitcoin?

How can we deal about this 'lawmaker' who is badmouthing bitcoin?

There's no need to explain.
They love the idea of Bitcoin that is why they are acting as if they dont want it.
They will eventually ban it and then they will make something like Bitcoin for them to use.
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