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Author Topic: Putin endorsed Ethereum  (Read 416 times)
Jannn
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August 31, 2017, 07:20:37 AM
 #1

This is a great news especially in Ethereum.

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Russian President Vladimir Putin endorsed cryptocurrency and Bitcoin rival, Ethereum, earlier this year. What does this mean for the future of the Russian technology industry and fintech in the long term? Is Russia one-step ahead with Burger King’s WhopperCoin? With geopolitics being at the forefront of everything Russia does and those experimenting with cryptocurrencies still in doubt and insecure, Putin’s interest was treated with caution.
Source : https://www.forbes.com/sites/madhvimavadiya/2017/08/29/putin-ethereum-fintech/amp/

With this endorsement will Russia get a spot in global share in crypto , what do you think guys? Grin

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Vika0170
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August 31, 2017, 08:50:31 AM
 #2

I think that this will allow many citizens of Russia to significantly improve their financial situation. But I also heard that in Russia they want to prohibit bitcoin because they do not consider it a full currency.

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August 31, 2017, 09:05:44 AM
 #3

This is a great news especially in Ethereum.

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Russian President Vladimir Putin endorsed cryptocurrency and Bitcoin rival, Ethereum, earlier this year. What does this mean for the future of the Russian technology industry and fintech in the long term? Is Russia one-step ahead with Burger King’s WhopperCoin? With geopolitics being at the forefront of everything Russia does and those experimenting with cryptocurrencies still in doubt and insecure, Putin’s interest was treated with caution.
Source : https://www.forbes.com/sites/madhvimavadiya/2017/08/29/putin-ethereum-fintech/amp/

With this endorsement will Russia get a spot in global share in crypto , what do you think guys? Grin
A good news for Ethereum, with positive news like this I'm sure the price will be going for Bitcoin in the near future.

mothergodness
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August 31, 2017, 12:08:06 PM
 #4

I think that this will allow many citizens of Russia to significantly improve their financial situation. But I also heard that in Russia they want to prohibit bitcoin because they do not consider it a full currency.
Whether this is in fact, time will tell. If bitcoin is banned, then this is a step backward in development.

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August 31, 2017, 01:13:16 PM
 #5

This is a great news especially in Ethereum.

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Russian President Vladimir Putin endorsed cryptocurrency and Bitcoin rival, Ethereum, earlier this year. What does this mean for the future of the Russian technology industry and fintech in the long term? Is Russia one-step ahead with Burger King’s WhopperCoin? With geopolitics being at the forefront of everything Russia does and those experimenting with cryptocurrencies still in doubt and insecure, Putin’s interest was treated with caution.
Source : https://www.forbes.com/sites/madhvimavadiya/2017/08/29/putin-ethereum-fintech/amp/

With this endorsement will Russia get a spot in global share in crypto , what do you think guys? Grin

I think YES! because Russian President Vladimir Putin is ready to give full support for the development of Blockchain Technology and their aiming to become a global IT Leader.....
drsmoketto
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August 31, 2017, 02:25:55 PM
 #6

This is a great news especially in Ethereum.

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Russian President Vladimir Putin endorsed cryptocurrency and Bitcoin rival, Ethereum, earlier this year. What does this mean for the future of the Russian technology industry and fintech in the long term? Is Russia one-step ahead with Burger King’s WhopperCoin? With geopolitics being at the forefront of everything Russia does and those experimenting with cryptocurrencies still in doubt and insecure, Putin’s interest was treated with caution.
Source : https://www.forbes.com/sites/madhvimavadiya/2017/08/29/putin-ethereum-fintech/amp/

With this endorsement will Russia get a spot in global share in crypto , what do you think guys? Grin


Interesting to see whether this is genuinely good news for Eth or will it be the start of its downfall? Much like Ripple doing business with centralized banks..

Kind of goes against the purpose of what crypto is all about

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September 01, 2017, 01:56:41 AM
 #7

I didn't expect fake articles by shady authors like Madhvi Mavadiya to be published in Forbes. Putin never endorsed Ethereum. The news was tweaked and twisted by the author (Madhvi Mavadiya) after one of Putin's advisers made positive comments about Ethereum. Till now, Putin has never mentioned a world on Ethereum or any other crypto-currency.

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September 04, 2017, 09:52:44 AM
 #8

I heard that news. Thats good news to everyone 😊 full support by pres. Putin

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September 04, 2017, 10:05:53 AM
 #9

This is a great news especially in Ethereum.

Quote
Russian President Vladimir Putin endorsed cryptocurrency and Bitcoin rival, Ethereum, earlier this year. What does this mean for the future of the Russian technology industry and fintech in the long term? Is Russia one-step ahead with Burger King’s WhopperCoin? With geopolitics being at the forefront of everything Russia does and those experimenting with cryptocurrencies still in doubt and insecure, Putin’s interest was treated with caution.
Source : https://www.forbes.com/sites/madhvimavadiya/2017/08/29/putin-ethereum-fintech/amp/

With this endorsement will Russia get a spot in global share in crypto , what do you think guys? Grin

Earlier this year is what the news is making refernece but at the same time, we have read several conflicting reports on what the country wants to make do about crypto currency and even the recent news about how they intend to "protect" ordinary citizens from putting their money into crypto and now this news, I say there is no point relying in news like this until more facts emerge on what they really wanted.



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Andy.P.GReen
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September 26, 2017, 09:47:23 PM
 #10

Smart man indeed.
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September 27, 2017, 12:28:14 AM
 #11

He was the first one, all the others now can only follow. Smart move Smiley

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September 27, 2017, 01:35:07 AM
 #12

Putin may be interested in Ethereum, because the main developer (Vitalik Buterin) is a Russian. He is known to advance the interests of Russians around the world, and therefore he may favor Ethereum over Bitcoin. But that doesn't mean that he is going to endorse ETH. Till now, Putin has made no statement regrading Ethereum or any other crypto-currency.

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September 27, 2017, 03:42:41 AM
 #13

Russia has a chance to become one of the leaders in the global IT industry. Even though details of the meeting between Putin and Buterin are kept under the seal of secrecy, one detail leaked - the president is ready to give full support for the development of Blockchain technology, what would definitely result in a much greater volume of investments coming into the country despite any restrictions and sanctions.
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September 28, 2017, 08:49:50 PM
 #14

Putin sees the future. He is one of the smarter leaders atm, and he has achieved quite a lot in Russia.
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September 28, 2017, 09:07:59 PM
 #15

Russians are developing crypto laws I read. Putin knows what's going on.
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September 28, 2017, 09:39:29 PM
 #16

This could be the start of a long-term financial gain that Russia could see.  If cryptocurrency continues on it's current path (esp with ETH and BTC), this could prove a significant cash flow for a country like Russia.
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September 28, 2017, 10:10:27 PM
 #17

This is a great news especially in Ethereum.

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Russian President Vladimir Putin endorsed cryptocurrency and Bitcoin rival, Ethereum, earlier this year. What does this mean for the future of the Russian technology industry and fintech in the long term? Is Russia one-step ahead with Burger King’s WhopperCoin? With geopolitics being at the forefront of everything Russia does and those experimenting with cryptocurrencies still in doubt and insecure, Putin’s interest was treated with caution.
This is good news, it means that the russian government will make a fund or will patronize cryptocurrency and I think that is the starting point of spreading the cryptocurreny. Because if russian government will fully support it, other countries will do the same thing. The question is the value of crypto will increase, decrease or will remain.

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September 29, 2017, 01:20:36 AM
 #18

Russians are developing crypto laws I read. Putin knows what's going on.

The case in Russia is similar to that in China. They also tried banning the exchanges in the past, but that was not very successful back then. So the authorities have realized that they have no option other than to legalize the Bitcoins and to regulate their usage. But even now they are debating between a ban and regulation of the crypto-currency.

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