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Author Topic: Putin just endorsed Blockchain and Cryptocurrencies  (Read 394 times)
drogas (OP)
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February 25, 2018, 01:17:51 PM
 #1

https://www.youtube.com/watch?v=-Toso2Cd_30

What do you think?

Personally, I'm not really a fan of Putin and wouldn't really trust him. Putin is a mobster of the highest order, everything he touches and speaks to is tainted and corrupted. The whole world knows this, even the guys running the bots and propaganda systems for his benefit know it. Also, Russia was supposed to launch their own mining department.

With that being said, if Russia were to invest in Bitcoin, I think SOME countries would follow very rapidly, so it might be very bullish.

Thoughts?

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pereira4
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February 25, 2018, 01:24:03 PM
 #2

I think it's great. Powerful people accepting that blockchain is here to stay legitimize bitcoin, but the problem is if they are going get crypto reserves in any other coin that isn't bitcoin. If they are serious then they will add a big bitcoin reserve in their portfolio, just as they have gold reserves. If they get scammed, they will load on ethereum or any other shitcoin. And there's also the possibility the will issue their own cryptoscam instead of just accepting bitcoin.

If it turns out Putin is talking about bitcoin, then yes, other countries must follow or they will be left behind.
Cryptoguru274
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February 25, 2018, 01:29:37 PM
 #3

https://www.youtube.com/watch?v=-Toso2Cd_30

What do you think?

Personally, I'm not really a fan of Putin and wouldn't really trust him. Putin is a mobster of the highest order, everything he touches and speaks to is tainted and corrupted. The whole world knows this, even the guys running the bots and propaganda systems for his benefit know it. Also, Russia was supposed to launch their own mining department.

With that being said, if Russia were to invest in Bitcoin, I think SOME countries would follow very rapidly, so it might be very bullish.

Thoughts?



 I have watch the video with keen interest  and observed that President Putin is very serious about the business of cryptocurrency adoption in his country. He does not want his country to be left behind in the scheme of things internationally. To me it's a welcome development for him to introduce cryptocurrency to Russia officially. It's going to be a big booster to the price of Bitcoin and altcoins in the crypto market

Leona Lewis
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February 25, 2018, 01:30:25 PM
 #4

Yes. If they use some scamcoin e.g. create something like VVP token (v.v.putin), it will not make a sense. But if they make crypthocurrency that you can be easily exchanged  to gas/oil/coal that can be real deal.

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February 25, 2018, 01:31:56 PM
 #5

Yes. If they use some scamcoin e.g. create something like VVP token (v.v.putin), it will not make a sense. But if they make crypthocurrency that you can be easily exchanged  to gas/oil/coal that can be real deal.

Oh yeah, I hope they don't create a putincoin and then the u.s. would be forced to createa trumpcoin... Grin

As long as there's no corruption in here...
svojoe
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February 25, 2018, 01:35:14 PM
 #6

https://www.youtube.com/watch?v=-Toso2Cd_30

What do you think?

Personally, I'm not really a fan of Putin and wouldn't really trust him. Putin is a mobster of the highest order, everything he touches and speaks to is tainted and corrupted. The whole world knows this, even the guys running the bots and propaganda systems for his benefit know it. Also, Russia was supposed to launch their own mining department.

With that being said, if Russia were to invest in Bitcoin, I think SOME countries would follow very rapidly, so it might be very bullish.

Thoughts?



I agree to every word you say. I guess there is a high chance that many countries will follow this way. Huge amounts of money are in opposite of the crypto market door. But this door is closed yet due to the lack of regulation. As soon as the world will compose suitable regulation they (money) will get in and this will become the cause of a huge surge. I believe that this will happen and this will be the greatest shift in the crypto history.

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February 25, 2018, 01:38:35 PM
 #7

Sounds good on paper, but you never know with Russia. I want to hope for the best but you really never know.
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February 25, 2018, 01:59:13 PM
 #8

Well I just saw the actual video in youtube and it was exactly what I predicted... no mention of bitcoin at all, only some vague statements about "blockchain technology".

Im afraid that they are going to sell their own russian centralized shitcoin to the masses, but the good part is, Putin seems like a smart guy, so if they don't let people own Bitcoin, im sure that him and everyone that is smart will load up on Bitcoin while they sell russian shitcoin to the uninformed ones.

The world is now a chess game in which countries must own Bitcoin to be relevant, whoever starts first will have the advantage and whoever starts first will start the chain reaction to a massive bullrun of countries buying BTC reserves.
Daria_daria1992
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February 25, 2018, 02:10:32 PM
 #9

I also heard nothing but words.  Metaphors and all.  But I liked the words of Herman Gref.  He is absolutely right that if Russia imposes strict bans, then outflow of people from the country will begin.

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sourish
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February 25, 2018, 02:21:45 PM
 #10

Yes its a definite positive for cryptocurrencies, as slowly countries and government authorities are trying to figure out the pros and cons of bans or acceptance, for everyone looks to be a part of innovation and progress, without losing power and maintaining control. Hence, this endorsement can prove to be a stepping stone for said policies.
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February 25, 2018, 02:29:40 PM
 #11

Nice. I know that Russia has one of the most bitcoin or cryptocurrencies activities a few years ago and also the blockchain. I hope this will open other countries as well to implement blockchain and allow their citizien to use cyrptocurrencies. Let's see what happen next in the future.
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February 25, 2018, 02:29:58 PM
 #12

this is good news from russia amid the middle of this bitcoin destruction, i hope this good news can make the world of crypto especially bitcoin and eth in order to recover again

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February 25, 2018, 02:32:52 PM
 #13

https://www.youtube.com/watch?v=-Toso2Cd_30

What do you think?

Personally, I'm not really a fan of Putin and wouldn't really trust him. Putin is a mobster of the highest order, everything he touches and speaks to is tainted and corrupted. The whole world knows this, even the guys running the bots and propaganda systems for his benefit know it. Also, Russia was supposed to launch their own mining department.

With that being said, if Russia were to invest in Bitcoin, I think SOME countries would follow very rapidly, so it might be very bullish.

Thoughts?



Russia one of those countries where is strong regulators. But Russia economy very pathetic it won't will help to bitcoin.
KryptoKai
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February 25, 2018, 02:39:24 PM
 #14

Russia has very intelligent crypto developers, and Putin is very influential there. If he endorses it then the whole of Russia will get behind it. I think all the other countries should be more relaxed about bitcoin otherwise they will be playing catch-up with Russia. Not something they want to do!

Bitcoin_trader2016
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February 25, 2018, 02:53:00 PM
 #15

Russia has very intelligent crypto developers, and Putin is very influential there. If he endorses it then the whole of Russia will get behind it. I think all the other countries should be more relaxed about bitcoin otherwise they will be playing catch-up with Russia. Not something they want to do!

Agree with that actualy etherium is made from russia already and russia dont have any problem with crypto currency maybe a few year later in the future russia government will start accepting crypto currency as mode of payment.

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February 25, 2018, 03:11:00 PM
 #16

https://www.youtube.com/watch?v=-Toso2Cd_30

What do you think?

Personally, I'm not really a fan of Putin and wouldn't really trust him. Putin is a mobster of the highest order, everything he touches and speaks to is tainted and corrupted. The whole world knows this, even the guys running the bots and propaganda systems for his benefit know it. Also, Russia was supposed to launch their own mining department.

With that being said, if Russia were to invest in Bitcoin, I think SOME countries would follow very rapidly, so it might be very bullish.

Thoughts?


I'm not sure about that. I remember about Russia will be trying to issue its cryptocurrency. Or if this just a rumour. But the time will tell us about the fact.
The fact that news is contradicted by putin's last statement of Russia will be issuing or creating russia cryptocurrency just like what has happened with Venezuela.

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February 25, 2018, 03:13:20 PM
 #17

I think its was a breakthrough for cryptocurrency, even though some people doubt about the real reason to this news but Russia always has a great side while facing a new technology that not every country could walk aside.
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February 25, 2018, 03:59:49 PM
 #18

https://www.youtube.com/watch?v=-Toso2Cd_30

What do you think?

Personally, I'm not really a fan of Putin and wouldn't really trust him. Putin is a mobster of the highest order, everything he touches and speaks to is tainted and corrupted. The whole world knows this, even the guys running the bots and propaganda systems for his benefit know it. Also, Russia was supposed to launch their own mining department.

With that being said, if Russia were to invest in Bitcoin, I think SOME countries would follow very rapidly, so it might be very bullish.

Thoughts?



Russia one of those countries where is strong regulators. But Russia economy very pathetic it won't will help to bitcoin.

Yeah I don't think a lot is going to come out of this.

Weak economy, a lot of corruption, not a lot of hope there.

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February 25, 2018, 04:25:54 PM
 #19

I'm curious as to whether this will cause bullish movement.

And if other countries will also start investing in cryptos. I doubt it but I'll be watching closely.

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February 25, 2018, 04:35:09 PM
 #20

Putin is one of the most feared person in the world and we all know what he is capapble of doing, I persoanlly do not trust him and because he always hide the truth from people, maybe there are some hidden agenda he is trying to pursue with this change of position on crypto

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