Good News today, Bank of Russia has changed its mind and is now allowing cryptocurrency mining. Bitcoin is expected to cross $12000.
This is now a very good news provided it is a real one . I will suggest if you can tell us the source of it. Among all the negativity of Bitcoins all over the world, we and all the bitcoin lovers are searching for some positive news which may bring some hope in bitcoin community.
I am very hopefull that
bitcoin will again soon rise to the moon.
A very good news indeed but they have a condition.
but proposes that the miners must sell their coins outside of the country
Source:
https://news.bitcoin.com/bank-of-russia-allows-crypto-mining-proposes-miners-sell-their-coins-overseas/My thoughts on this is that they don't want their country to buy those mined coins. It's like mined coins will be working as a remittance -- a profit that comes outside to their country. Their Central Banks seems to be intelligent on this part. They allow miners to facilitate on their country but will disable exchange of mined coins to their country so that no money will be issued to those miners instead they'll exchange it outside of the country to get more profit and adds to their ++% to their economy.
