Head of Russia’s Largest Bank Backs Bitcoin

[CryptoCurrencyInc.com]

Head of Russia’s Largest Bank Backs Bitcoin, Again

Sberbank may not be a household name in the west, but it just happens to be the third-largest bank in Europe.

It’s also the biggest bank in Russia and eastern Europe, with nearly half a trillion dollars in assets and a workforce of 300,000.

The bank is owned by the Central Bank of Russia and it is headed by German Gref, who served as the Russian Minister of Economic and Trade from 2000 to 2007. Gref’s tenure was marked by a period of economic reform and liberalization. Judging by his recent statements, he is still open minded when it comes to monetary issues.
Protecting bitcoin?

This news follows comments Gref made about the currency back in December. Speaking in an interview at the sidelines of the World Economic Forum in Davos, Gref voiced his support for digital currencies.

http://www.coindesk.com/russias-largest-bank-backs-bitcoin/

[DStrange]

Great news! More and more banks are backing bitcoin and even a huge ones. Central Bank of Russia is definitely not joking around.

[Sonny]

Last week, a set of amendments introduced in the Russian parliament caused a fair amount of FUD (fear, uncertainty and doubt) in the bitcoin community, as it was misinterpreted as potential bitcoin ban.

Is there really such a FUD in community last week?
I didn't really see it....

[superresistant]

Great.

[Sutters Mill]

It's good that banks are backing Bitcoin, but who cares? Isn't the point of Bitcoin to be decentralised and almost a 'up yours' to the banks. It's about financial freedom, unless I got the wrong end of this Bitcoin stick?

'Where we're going, we don't need banks!'

[BTCIndia]

It's good that banks are backing Bitcoin, but who cares? Isn't the point of Bitcoin to be centralised and almost a 'up yours' to the banks. It's about financial freedom, unless I got the wrong end of this Bitcoin stick?

'Where we're going, we don't need banks!'

JP and Well's Fargo contradicting each other. Now, Russia supporting. That's great news! What about America? Are they working on Regulation Drafts? Any movement?

[LiteCoinGuy]

It's good that banks are backing Bitcoin, but who cares? Isn't the point of Bitcoin to be centralised and almost a 'up yours' to the banks. It's about financial freedom, unless I got the wrong end of this Bitcoin stick?

'Where we're going, we don't need banks!'

JP and Well's Fargo contradicting each other. Now, Russia supporting. That's great news! What about America? Are they working on Regulation Drafts? Any movement?

wells fargo and some other banks are positive on bitcoin so far.

[Sutters Mill]

EDIT: That was meant to say 'decentralized' before I get any trollin!

[EndTheFed321]

what! if true this could be good news for BTC

[greyhawk]

what! if true this could be good news for BTC

prepare for frowny face

https://bitcointalk.org/index.php?topic=435206.0

[Sutters Mill]

what! if true this could be good news for BTC

prepare for frowny face

https://bitcointalk.org/index.php?topic=435206.0

Big dip showing on btc-e

[kies1107]

This is good news even a big Russian central bank support bitcoin Well it seems that more and more prospects