Putin Advisor: Accepting Bitcoin Payments in Russia is a Crime

[ahpku]

What is your native language, so I can learn it & try to communicate with you?

i am british, i just have a better understanding of languages compared to google translate

I am Russian. Muscovite, born & bred. Now either point me to the inaccuracies, or stop spreading misinformation.
thnx

Time passes.
Still waiting.
My pdf reader refuses to search cyrillics, and the document in your link is over 1,600 pages long.
halp plox!

[Laosai]

firstly the bill is a draft.
secondly its about issuing any form of money without registering as a money business.
thirdly its not criminal (prison) its civil (fine)

citizens accepting funds for own use wont get fined.

but if found exchanging it multiple times(as a private broker/dealer) without being registered will be fined $250-$500 plus said bitcoins linked to the private broker confiscated.

small businesses accepting funds for own use wont get fined. but if found exchanging it in their small business will be fined $650-$900 plus said bitcoins linked to the small business confiscated.

large businesses.. blah blah.. $1000-$1300 fine plus coins confiscated

best analogy i can compare it to..
drugs
if your just buying it for personal use and only caught once. nothing will happen. but if your an unlicenced medication dispenser(dealer).. expect a fine.

Not cool...
But I just don't understand why!
Why is Russia trying to fight bitcoin? It's not like it was a threat for it.

It's not interesting for the government to fight it.

[franky1]

ok ill use google and then translate from computer to real english
draft bill

1. Issuance of money surrogates without statement of person or persons performing such issuanse, and/or should such issuance is not provided for in the legal codes of the Russian Federation, or is performed in violation of procedures established under the legislation of the Russian Federation,

if not registered as a money businesss, under the rules of the russian federation

in case such activity incorporates no criminally punishable acts invoke administrative penalty to the tune of

you wont get a prison sentance but instead a fine of...

twenty thousand to forty thousand rubles along with confiscation of the administrative violation item for citizens;

$250/£175 to $500/£350 if you are an individual exchanger

fifty thousand to seventy thousand rubles along with confiscation of the administrative violation item for entrepreneurs;

£450 to £630 if you are a small business exchanger

and it goes on and on but here is parts people gloss over

Note. The following actions are not deemed administrative violations subject to punishment provided herein:
1) usage of assets subject to being classified as money surrogates by a person being identified or being under the process of simplified identification.

its worth reading the source documentation. sometimes best to read it in a quiet space where you got time to take in the information and maybe even read it a few times incase you skip critical parts

[franky1]

Not cool...
But I just don't understand why!
Why is Russia trying to fight bitcoin? It's not like it was a threat for it.

It's not interesting for the government to fight it.

its not a direct attack on bitcoin.. its an attack on unregistered exchanges.. lots of non bitcoin related (unregistered) money businesses can be affected.
the term is money surrogates.. which isnt limited to bitcoin.

its the crypto media that are spinning the news as clickbait.

[OROBTC]

...

What I find interesting about the Russian government's distaste for Bitcoin is the matter of Putin being the world's richest man!  I do not have a handy reference to pass along, but I have read a couple of accounts over the past several weeks of the huge amount of money he has apparently made (scammed, stolen) in the ultra-corrupt Russia of today.

Putin as a Russian patriot, my ass.  The people running Russia are at least as corrupt as anywhere else (probably more so), I write as an American well aware of our corruption here.

Russia's government does not want anyone else competing with them, nor to make it easy for Russian citizens to protect their own money as they may choose.

[ahpku]

...
...

What are you translating? Surely not the 1605 page .pdf you linked me to?
Source (link) plz

@OROBTC, of course Russian government is corrupt. You didn't just discover this today, did you?

[Laosai]

Not cool...
But I just don't understand why!
Why is Russia trying to fight bitcoin? It's not like it was a threat for it.

It's not interesting for the government to fight it.

its not a direct attack on bitcoin.. its an attack on unregistered exchanges.. lots of non bitcoin related (unregistered) money businesses can be affected.
the term is money surrogates.. which isnt limited to bitcoin.

its the crypto media that are spinning the news as clickbait.

Oh ok.

But that means if I use btc as a business but register the exchanges and pay the taxes, I won't have any problem no? Cause in this case it's just very similar to anything existing anywhere in the world!

[ahpku]

Not cool...
But I just don't understand why!
Why is Russia trying to fight bitcoin? It's not like it was a threat for it.

It's not interesting for the government to fight it.

its not a direct attack on bitcoin.. its an attack on unregistered exchanges.. lots of non bitcoin related (unregistered) money businesses can be affected.
the term is money surrogates.. which isnt limited to bitcoin.

its the crypto media that are spinning the news as clickbait.

Oh ok.

But that means if I use btc as a business but register the exchanges and pay the taxes, I won't have any problem no? Cause in this case it's just very similar to anything existing anywhere in the world!

Russian? Use google.
https://bitpress.ru/2016/02/06/rossijskim-bitkoin-polzovatelyam-grozit-shtraf-v-0-5-mln-rublej-ili-zaklyuchenie-v-tyurmu/
B пocлeднeм oтчeтe издaния пpaвитeльcтвa PФ «Poccийcкaя гaзeтa» cooбщaeтcя, чтo Mинфин пpeдлoжил внecти пoпpaвки в Угoлoвный кoдeкc cтpaны, coглacнo кoтopым лицa, пpичacтныe к выпycкy кpиптoвaлют, бyдyт «oштpaфoвaны нa cyммy в пoлмиллиoнa pyблeй или пpигoвopeны к иcпpaвитeльным paбoтaм нa cpoк дo двyx лeт».

[Kprawn]

Russia have been jumping around this issue, like a rabbit on a hot plate. The one moment you hear it is banned and the next moment it's legal but you

cannot exchange it to fiat. I think they want to follow the same route with this, than what is happening in the rest of Europe. They want to force people

to use regulated exchanges... this way they can track all money going in and out of Russia. It is about control, not banning Bitcoin. 

[franky1]

Russian? Use google.
https://bitpress.ru/2016/02/06/rossijskim-bitkoin-polzovatelyam-grozit-shtraf-v-0-5-mln-rublej-ili-zaklyuchenie-v-tyurmu/

bitpress.. lol try reading the actual legislation draft rather than the media clickbaits. you will learn more if you go to source, i even handed you the link

by the way the 4-5million ruble.. is not a fine for citizens, its not a fine for businesses, its not a fine for government representatives..

its a fine for legal entities who do not register as a money business. basically if your a corrupt lawyer who dos not follow the law by registering the exchange, you are worse than a business or a individual who may not know better. and thus those who are well versed in law should be punished more so than others. for flouting the law(by not registering)

[ahpku]

Russian? Use google.
https://bitpress.ru/2016/02/06/rossijskim-bitkoin-polzovatelyam-grozit-shtraf-v-0-5-mln-rublej-ili-zaklyuchenie-v-tyurmu/

bitpress.. lol try reading the actual legislation draft rather than the media clickbaits. you will learn more if you go to source, i even handed you the link

You handed me a link to a 1605 page PDF. My PDF reader refuses to search Cyrillics. That's like pointing me to the library and telling me to "look there."  What page are we talking about?

And why would Bitcoin press lie to us? I mean *ALL BITCOIN PRESS,* in Russian, in English, probably in Turkish too, lying like a fucking rug? Only Franky1 knows the truth, they haven't shut him up yet. He don't speak a word of Russian, mind you, but he's a frikin' wiz with Google Translate

[erikalui]

Russia has always been so harsh towards bitcoins. Making it a criminal offense in one country doesn't make it illegal in the rest of the world (I hope my country doesn't take this as an example and ban bitcoins.) I don't know if this would affect bitcoins in a negative way but the more countries banning bitcoins would definitely affect the crypto currency.

Instead of banning it, couldn't they find a way to regulate the currency?

[Laosai]

Not cool...
But I just don't understand why!
Why is Russia trying to fight bitcoin? It's not like it was a threat for it.

It's not interesting for the government to fight it.

its not a direct attack on bitcoin.. its an attack on unregistered exchanges.. lots of non bitcoin related (unregistered) money businesses can be affected.
the term is money surrogates.. which isnt limited to bitcoin.

its the crypto media that are spinning the news as clickbait.

Oh ok.

But that means if I use btc as a business but register the exchanges and pay the taxes, I won't have any problem no? Cause in this case it's just very similar to anything existing anywhere in the world!

Russian? Use google.
https://bitpress.ru/2016/02/06/rossijskim-bitkoin-polzovatelyam-grozit-shtraf-v-0-5-mln-rublej-ili-zaklyuchenie-v-tyurmu/
B пocлeднeм oтчeтe издaния пpaвитeльcтвa PФ «Poccийcкaя гaзeтa» cooбщaeтcя, чтo Mинфин пpeдлoжил внecти пoпpaвки в Угoлoвный кoдeкc cтpaны, coглacнo кoтopым лицa, пpичacтныe к выпycкy кpиптoвaлют, бyдyт «oштpaфoвaны нa cyммy в пoлмиллиoнa pyблeй или пpигoвopeны к иcпpaвитeльным paбoтaм нa cpoк дo двyx лeт».

Well no I'm not Russian. Gonna be honest I didn't understand one single word of what you just wrote xD

Anyway I'm not sure it'll have a strong impact whatsover. Most btc businesses are online!

[ahpku]

Russia has always been so harsh towards bitcoins. Making it a criminal offense in one country doesn't make it illegal in the rest of the world (I hope my country doesn't take this as an example and ban bitcoins.) I don't know if this would affect bitcoins in a negative way but the more countries banning bitcoins would definitely affect the crypto currency.

Instead of banning it, couldn't they find a way to regulate the currency?

Russia is not in the best of shapes right now, it doesn't have time to properly regulate a coin with users who bait it with, basically, "nya nya, you can't stop us, we's antifragile, what'ch'a gonna do, huh?"
Think about it.

@Laosai, then WTF are you talking about here: "But that means if I use btc as a business but register the exchanges and pay the taxes, I won't have any problem no?"

[franky1]

And why would Bitcoin press lie to us? I mean *ALL BITCOIN PRESS,* in Russian, in English, probably in Turkish too, lying like a fucking rug? Only Franky1 knows the truth, they haven't shut him up yet. He don't speak a word of Russian, mind you, but he's a frikin' wiz with Google Translate

so its my fault you have a crap PDF reader.

sorry but if you want the truth then download a different PDF reader.

read the document.. hey ill help you out. skip to section 30

and by the way, i thought u were russian, so why need to convert it from russian if you can read russian..

how about read the source first and complain later

[ahpku]

And why would Bitcoin press lie to us? I mean *ALL BITCOIN PRESS,* in Russian, in English, probably in Turkish too, lying like a fucking rug? Only Franky1 knows the truth, they haven't shut him up yet. He don't speak a word of Russian, mind you, but he's a frikin' wiz with Google Translate

so its my fault you have a crap PDF.

sorry but if you want the truth then download a different PDF reader.

read the document.. hey ill help you out. skip to section 30

and by the way, i thought u were russian, so why need to convert it from russian if you can read russian..

how about read the source first and complain later

Because I'm not going to read through 1605 (sixteen-hundred-and-five) pages? Are you doing OK, buddy?
So you're telling me that *ALL BITCOIN PRESS,* in Russian, in English, probably in Turkish too, lying like a fucking rug?
Only you are right, correct, you intrepid sleuth you?

[Laosai]

Russia has always been so harsh towards bitcoins. Making it a criminal offense in one country doesn't make it illegal in the rest of the world (I hope my country doesn't take this as an example and ban bitcoins.) I don't know if this would affect bitcoins in a negative way but the more countries banning bitcoins would definitely affect the crypto currency.

Instead of banning it, couldn't they find a way to regulate the currency?

Russia is not in the best of shapes right now, it doesn't have time to properly regulate a coin with users who bait it with, basically, "nya nya, you can't stop us, we's antifragile, what'ch'a gonna do, huh?"
Think about it.

@Laosai, then WTF are you talking about here: "But that means if I use btc as a business but register the exchanges and pay the taxes, I won't have any problem no?"

Oh, the "I"?

I don't know, I just wrote it like that sorry if that was confusing xD

I was placing myself as the owner of a business to describe the situation and be sure to understand it well that's all! But I'm not directly concerned by this.

Thanks for your answer anyway.

[ahpku]

^NP. I was worried that you were Russian, took advice from this forum, took it srsly, and consequently got to be Jenechka's baitch for a couple of years.

[franky1]

Because I'm not going to read through 1605 (sixteen-hundred-and-five) pages? Are you doing OK, buddy?

read the document.. hey ill help you out. skip to section 30

now you dont have to read all 1605 pages

^NP. I was worried that you were Russian, took advice from this forum, took it srsly, and consequently got to be Jenechka's baitch for a couple of years.

says the guy that wants to avoid reading the legal document and instead take bitcoin motivated clickbait press at their word.. where most articles are copy and paste jobs and no real investigation or understanding is put into the clickbait articles.

kind of funny that he believes the word "money surrogates" is a direct attack on ust bitcoin .. not realising the actual bill is about getting money businesses to register to stay within the law, which could as a side effect affect some dodgy exchanges that dont want o register. which as a side effect could cause some of those dodgy exchanges who also touch bitcoin to be affected.

but dont take my word for it.. read the actual Bill.. its all there right from the horses mouth, without any clickbait exaggerations

[ahpku]

Because I'm not going to read through 1605 (sixteen-hundred-and-five) pages? Are you doing OK, buddy?

read the document.. hey ill help you out. skip to section 30

now you dont have to read all 1605 pages

Just read it, have you noticed the date?


The cited article: http://www.coindesk.com/receiving-bitcoin-payments-is-a-crime-says-russian-presidential-advisor/
"An advisor to Russian president Vladimir Putin has reportedly spoken out about bitcoin, going as far to suggest that taking payments in the digital currency is a criminal act.

Recently appointed Internet advisor German Klimenko told Russian-language online news service Lenta.ru that the acceptance of bitcoin payments constitutes a crime.

According to a translation by Russian bitcoin news site ForkLog, Klimenko told Lenta.ru:

    "Bitcoin is not the first one, there are other settlement means. Accepting bitcoin as a payment for anything is unacceptable because it is a crime."

Now why are you quoteing an old Duma pdf?