2013-11-27 Russian lawmaker wants to outlaw U.S. dollar, calls it a Ponzi schem

[notthematrix]

To put some things ibn prepective for thoose who get crazy about a bitcoin ban in Russia....!!!
it goes for all non ruble at most , its not about bitcoin or litecoin etc ,,, they just say people SHOULD use rubble!
its old law from the 1917's



http://www.washingtontimes.com/news/2013/nov/13/bill-would-outlaw-us-dollar-russia/

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[Barek]

Good point.

Treating Bitcoin as money and applying this old law puts it on par with the Dollar.

Can't have it both ways.

[bitbouillion]

It will not prevent ordinary Russian people to save hard earned money in Dollars to protect it against devaluation, hide the Dollar notes (while wealthy Russians already do that abroad) and hoping they can redeem them in future - or - they will figure out that there is a much better way to do that in a virtual currency.  

[notthematrix]

It will not prevent ordinary Russian people to save hard earned money in Dollars to protect it against devaluation, hide the Dollar notes (while wealthy Russians already do that abroad) and hoping they can redeem them in future - or - they will figure out that there is a much better way to do that in a virtual currency.  

Well the same goes for bitcoin in russia , just post it to put things in prespective , for thoose with weak hands , The brick and morther media is to FUD the servents , but thoose in knowlege know theese laws mean nothing.
Moving simpley abroad , http://www.youtube.com/watch?v=d4o13isDdfY explains how this is done..


http://www.youtube.com/user/VPROinternational has very intresting docu's about the monatary system in use this time..

[Carlton Banks]

lol, BITCOIN BANNED IN RUSSIA IN 1917

[kwukduck]

So, it's illegal in Russia to use, hold or exchange USD?

[bryant.coleman]

lol, BITCOIN BANNED IN RUSSIA IN 1917

Yeah... and Satoshi was declared as an enemy of the labourers and the proletariat. He was sent to the gulag.

[DubFX]

“The right to the free exchange of currencies is a fundamental element of capitalism,” said Moscow-based economics analyst Igor Suzdaltsev. “It allows citizens to leave the country when a dictatorship is imposed by selling their property and exchanging their assets for the necessary currency.”

Why was it banned then?

[odolvlobo]

Why did you post a link to a 3 month old article that has nothing to do with bitcoin?

[notthematrix]

So, it's illegal in Russia to use, hold or exchange USD?

exchanging is not the problem , as lang as you axchane euro/dollar/bitcoin to ruble! to buy the product or service!

[artplay81]

Two russian entities or person when transferring some goods or services can use roubles only on territory of Russian Federation.
Of course, if a russian pays some foreign counterparty, he's free to choose what currency to use.

[stompix]

To put some things ibn prepective for thoose who get crazy about a bitcoin ban in Russia....!!!
it goes for all non ruble at most , its not about bitcoin or litecoin etc ,,, they just say people SHOULD use rubble!
its old law from the 1917's



http://www.washingtontimes.com/news/2013/nov/13/bill-would-outlaw-us-dollar-russia/

There are some people with too much time on their hands. Why didn't he digged deeper ? Maybe there is a law from 1914 in which is stated all the laws from 1917 are to be taken as a prank.

[stompix]

lol, BITCOIN BANNED IN RUSSIA IN 1917

Yeah... and Satoshi was declared as an enemy of the labourers and the proletariat. He was sent to the gulag.

That was Satoshi's child which was sent from 2016 to correct the law but failed.