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Author Topic: CryptoRuble - Any thoughts?  (Read 470 times)
henderjames
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October 21, 2017, 09:15:31 PM
 #21

Russia is dangerous because rules can be changed any time and any reasons. Today they decided to launch CryptoRubles. Tomorrow - to close. And it could be done suddenly, without any warnings.
From one side Russian president Putin meet Buturlin some time ego.  But it doesn't matter. And could means anything.
To my opinion, Putin understand that he couldn't be a Russian president 100 years. And have to go out finally. May be in 5 or 10 years.  And checking possibilities to safe his capital over crypto-currency.
But anyway it could means nothing. And for other persons crypto-currency could be decleared as under-law.
So i'll be not advice to invest money into it!
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LancienMaleAlpha
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October 22, 2017, 12:26:10 PM
 #22

Russian sources say that creation of other virtual currency will be prohibited in Russia, but I don't know about using already existing crypto. It's coming to dictatorship as the currency is gonna be controlled by government.

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Argoo
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October 23, 2017, 04:34:15 AM
 #23

Centralized and fully adjustable Cryptor, even as its name suggests, is something between the crypto currency and the ruble. That is, in fact, it will be the same ruble, only in digital form. What happens and how much such a hybrid will be in demand, we will soon see. One thing is clear: Cryptoruble will go predominantly within Russia itself and it will be minimal to influence the decentralized Crypto currency.

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Today at 11:30:17 AM
 #24

CryptoRuble will be called cryptocurrency for russia and it will be marketed hard with propaganda from the state.

It will be the most user friendly crypto ever seen. your grandma will feel right at home. Your taxes and fines will be paid automatically.
The source will be closed and it will have a wallet that phones home to prevent criminal tampering. the central bank will have a department for handling it and they will have backdoor keys to manipulate the blockchain and protect you. it will be very efficient. the security will be the best you can get without actually resorting to a decentralized system. trust the government.

There are likely to be concerns about it especially after there is evidence of fraud or a security breach but they can use that heavy propaganda to spread fear about bitcoin to keep people under their protective dominion.

Everyone will believe in it except for the <1% informed populace.
we should not underestimate the power of mass populations who have been divorced from reality.

This, is very good.
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