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Author Topic: Bitcoin in Russia is either banned or accepted?  (Read 3526 times)
fatima zuhra
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October 20, 2016, 08:18:54 PM
 #21

to me the government of Russia has also not given yet any statement about bitcoin, therefore people are using it as legal currency, but if their government consider it as illegal then it will really become difficult for them to use it.
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November 28, 2016, 03:32:07 AM
 #22

I think it is banned in there but people still use it at there as no one can find that who is the owner of bitcoins and who are using it in a specific country, so even with ban on it people at there are using it.
Russia made an attempt to ban bitcoin and we know the authorities are very uncomfortable with the decentralized nature of bitcoin and which is exactly, what have made them look like toothless bull dogs, because it is a losing battling, fighting something that is not regulated and decentralized. Should be a big lesson for other countries trying to toy with bitcoin.
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December 02, 2016, 02:52:21 AM
 #23

to me the government of Russia has also not given yet any statement about bitcoin, therefore people are using it as legal currency, but if their government consider it as illegal then it will really become difficult for them to use it.
I think the Government of Russia will ban bitcoin although there has been no official statement. all countries know that the use of the bitcoin will officially make a country's currency can be abandoned. In addition to this is the issue of taxes, with the State would certainly difficult bitcoin collect taxes, because the Government had no control over bitcoin.
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December 02, 2016, 02:55:09 AM
 #24

to me the government of Russia has also not given yet any statement about bitcoin, therefore people are using it as legal currency, but if their government consider it as illegal then it will really become difficult for them to use it.
Everyone knows, bitcoin is including commodities, so many countries that provide a neutral statement about the bitcoin. does not prohibit, but also did not approve of. I think it's what makes bitcoin increasingly attractive.
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December 03, 2016, 07:06:42 PM
 #25

I live in a country close to Russia, so I guess I understand what is really going on there. I know some people from Russia using Btc (accepting it as a salary). That should mean that you can probably even exchange it for local currency (didn't check but I'm sure there are people in the main towns which can be seen on Localbitcoins). However, officially it is illegal which in such countries means that if you are an influential person and not against Putin then it's nothing if you are caught. If you can't give a bribe, against Putin and not from a known family - you can go to jail for a couple of years.

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December 07, 2016, 02:04:36 PM
Last edit: December 07, 2016, 02:27:31 PM by veleten
 #26

read this article:https://bit.news/eng/events-cryptocurrency-world-week-november-28-4-december-2016/
it states that "Per official info upon the status of cryptocurrency in Russia, which is contained in the official letter of the Federal Tax Service, Russian law does not prohibit transactions with Bitcoin"
also here: https://www.cryptocoinsnews.com/bitcoin-legal-default-russia-says-new-federal-tax-document/
it seems that the grey area surrounding legality of bitcoin usage in Russia is no longer there

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rafajunior99
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December 17, 2016, 09:10:59 AM
 #27

Bitcoin in Russia is either banned or accepted? Tongue Tongue
as I ketahu bitcoin in Russia it is forbidden to why and why its causes and consequences I do not know exactly about it
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December 21, 2016, 08:21:00 AM
 #28

Russian government has received bitcoin as a currency in circulation there since last November. Russia's positive attitude and will treat virtual currency, Bitcoin in particular, such as foreign currency. It's very good for the development of bitcoin as the population of Russia is very much will help the bitcoin in order to grow and increase the price.
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December 21, 2016, 01:02:59 PM
 #29

Russian government has received bitcoin as a currency in circulation there since last November. Russia's positive attitude and will treat virtual currency, Bitcoin in particular, such as foreign currency. It's very good for the development of bitcoin as the population of Russia is very much will help the bitcoin in order to grow and increase the price.


very true, at least in moscow 
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December 22, 2016, 02:34:40 PM
 #30

Russian government has received bitcoin as a currency in circulation there since last November. Russia's positive attitude and will treat virtual currency, Bitcoin in particular, such as foreign currency. It's very good for the development of bitcoin as the population of Russia is very much will help the bitcoin in order to grow and increase the price.


very true, at least in moscow 
Yes, because it is the capital of Russian state and large areas that have larger populations. If the spread of bitcoin well developed it will help the development of bitcoin around 10%. Prices will continue to rise as it is be perceived today. It could be an advantage for bitcoin users.
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December 22, 2016, 03:24:37 PM
 #31

bitcoin is a new concept in the world everywhere i accept that its not that new but still it is in the development stage.and as qe know rssian givernment has declared to band bitcoin and anybody usimg it will considered illigal usage.but nowdays we can see the huge market growths and those are actully exactly what everyone has pridicted some months ago so its a fact tat russian government will try to resolve that issue soon because of the koney growth.
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December 22, 2016, 08:31:10 PM
 #32

to me the government of Russia has also not given yet any statement about bitcoin, therefore people are using it as legal currency, but if their government consider it as illegal then it will really become difficult for them to use it.
I think the Government of Russia will ban bitcoin although there has been no official statement. all countries know that the use of the bitcoin will officially make a country's currency can be abandoned. In addition to this is the issue of taxes, with the State would certainly difficult bitcoin collect taxes, because the Government had no control over bitcoin.
Where did you get that the idea that the use of bitcoin goes to destroy a country's local currency? We know the Dollar have been part and parcel of many countries other than the real owner America, yet no recorded incident of the dollar edging out any local currency.

Bitcoin is an emerging technology and many countries are undecided what to do with it, so not to end up shooting themselves in the leg. Russia is really not keen about banning bitcoin, because in the short while they tried to move in that direction, they got the rude awakening that a boarderless, free and decentralized currency cannot be swept under the carpet. So now, they are probably marking time to see what the U.S. comes up with and key in.

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February 05, 2017, 08:29:30 PM
 #33

to me the government of Russia has also not given yet any statement about bitcoin, therefore people are using it as legal currency, but if their government consider it as illegal then it will really become difficult for them to use it.
I think the Government of Russia will ban bitcoin although there has been no official statement. all countries know that the use of the bitcoin will officially make a country's currency can be abandoned. In addition to this is the issue of taxes, with the State would certainly difficult bitcoin collect taxes, because the Government had no control over bitcoin.
Where did you get that the idea that the use of bitcoin goes to destroy a country's local currency? We know the Dollar have been part and parcel of many countries other than the real owner America, yet no recorded incident of the dollar edging out any local currency.

Bitcoin is an emerging technology and many countries are undecided what to do with it, so not to end up shooting themselves in the leg. Russia is really not keen about banning bitcoin, because in the short while they tried to move in that direction, they got the rude awakening that a boarderless, free and decentralized currency cannot be swept under the carpet. So now, they are probably marking time to see what the U.S. comes up with and key in.


yes i also think so that like other countries they may also have not yet take any clear decision about bitcoin. we can see that still there are too many Russian using bitcoin. i think Russia is not going to bane bitcoin even in future.
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February 06, 2017, 12:54:41 PM
 #34

I think the Russian government will not completely prohibit the use of bitcoin in their country, maybe it was the new plan would still require a more thoughtful consideration again
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February 10, 2017, 03:29:13 PM
 #35

It is still a confusion for rest of world only Russians experience the truth. There are many different perspectives on bitcoin, and whether it is banned in Russia is quite a question. In a communist country like Russia, the government controls absolutely EVERYTHING. You can never trust the news outlets because they are controlled. The Bitcoin in Russia is now considered a foreign currency, and it will be monitored closely.
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