The Russian Federation may be about to make a "Corralito"

[Poker Player]

https://dailycoin.com/russia-will-approve-bitcoin-as-legal-currency/

Sweet!  I could use a barge full of diesel and JP4 for my yacht and airplane.  I plan to tour the world laughing at all the cold hungry idiots who got taken by the climate scammers and hit with Biden's energy hikes, food shortages, and etc.

This is not accurate. Bitcoin is not a legal tender anywhere in the Russian Federation (including the 22 constituent republics).

If he had only looked at the date, he would have seen that it is a "news" from February 10 of this year. In other words, a garbage article from an unreliable site to say the least, and on top of that he puts the link here boasting as if it were breaking news.

[1715132093]

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[1715132093]

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[1715132093]

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[1715132093]

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[zasad@]

https://dailycoin.com/russia-will-approve-bitcoin-as-legal-currency/

Sweet!  I could use a barge full of diesel and JP4 for my yacht and airplane.  I plan to tour the world laughing at all the cold hungry idiots who got taken by the climate scammers and hit with Biden's energy hikes, food shortages, and etc.

This is not accurate. Bitcoin is not a legal tender anywhere in the Russian Federation (including the 22 constituent republics). Just yesterday the Roskomnadzor blocked access to Bits.media, which is one of the most popular crypto news websites in Russia. And the Duma is about to vote on a bill, that will prohibit the usage of Bitcoin for making payments. Bitcoin miners also need to prove that they are converting their mined coins to fiat currency inside Russia (they can only exchange BTC for foreign currency).

The territorial composition of Russia includes not only republics. More details on this page.
http://kcbux.ru/Statyy/ZA_zizny/za-016_karta-RF.html
I have said many times that it is not worth reading news about draft laws in Russia, because they change very often.
In Russia, large shadow markets, exchangers operate in all major cities.

[Sithara007]

The territorial composition of Russia includes not only republics. More details on this page.
http://kcbux.ru/Statyy/ZA_zizny/za-016_karta-RF.html
I have said many times that it is not worth reading news about draft laws in Russia, because they change very often.
In Russia, large shadow markets, exchangers operate in all major cities.

OK.. since you are residing in Russia, you maybe having access to better information. For me it is confusing, because I have heard about contradicting news regarding the status of Bitcoin in Russia.

In other words, the USA is shooting itself in the foot. Who would have thought it. Just to think that Gaddafi was killed for wanting to sell oil in Euros. And Saddam Hussein the same. There you have the weapons of mass destruction.

The United States is misusing the position of USD as the global trade and reserve currency. This position enables them to take loans worth trillions, at extremely low interest rates. In short, US is getting rich at the expense of other countries (who use USD for international trade). But there is no alternative available as of now. Other fiat currencies (including EUR and CNY) are even more prone to inflation when compared to the USD. I would prefer a decentralized currency such as Bitcoin, but only two countries have made it legal tender till now.

[justdimin]

The United States is misusing the position of USD as the global trade and reserve currency. This position enables them to take loans worth trillions, at extremely low interest rates. In short, US is getting rich at the expense of other countries (who use USD for international trade). But there is no alternative available as of now. Other fiat currencies (including EUR and CNY) are even more prone to inflation when compared to the USD. I would prefer a decentralized currency such as Bitcoin, but only two countries have made it legal tender till now.

I would guess that getting cheap interests on trillions of dollars worth of debt is not "misusing" at all, they are using it exactly how it should be used for them. It is the other nations that allow them to do that, so it is wrong for those nations, and if they do not accept it then they would not be getting such a bead deal.

You want to really screw with USA? Go work with China. Sure China is not a good nation at all, weirdly enough one of the only few nations that could be considered worse than USA, which is rare because there are so few of that. But then USA would realize their mistake and would recover their relation with you for sure in that case, just so you would stop working with china.

[paxmao]

The territorial composition of Russia includes not only republics. More details on this page.
http://kcbux.ru/Statyy/ZA_zizny/za-016_karta-RF.html
I have said many times that it is not worth reading news about draft laws in Russia, because they change very often.
In Russia, large shadow markets, exchangers operate in all major cities.

OK.. since you are residing in Russia, you maybe having access to better information. For me it is confusing, because I have heard about contradicting news regarding the status of Bitcoin in Russia.

In other words, the USA is shooting itself in the foot. Who would have thought it. Just to think that Gaddafi was killed for wanting to sell oil in Euros. And Saddam Hussein the same. There you have the weapons of mass destruction.

The United States is misusing the position of USD as the global trade and reserve currency. This position enables them to take loans worth trillions, at extremely low interest rates. In short, US is getting rich at the expense of other countries (who use USD for international trade). But there is no alternative available as of now. Other fiat currencies (including EUR and CNY) are even more prone to inflation when compared to the USD. I would prefer a decentralized currency such as Bitcoin, but only two countries have made it legal tender till now.

Believe me, if he lives in the RF, he does not have better information about anything, particularly about anything happening in the RF.

[Sithara007]

I would guess that getting cheap interests on trillions of dollars worth of debt is not "misusing" at all, they are using it exactly how it should be used for them. It is the other nations that allow them to do that, so it is wrong for those nations, and if they do not accept it then they would not be getting such a bead deal.

You want to really screw with USA? Go work with China. Sure China is not a good nation at all, weirdly enough one of the only few nations that could be considered worse than USA, which is rare because there are so few of that. But then USA would realize their mistake and would recover their relation with you for sure in that case, just so you would stop working with china.

I agree with your statement. The United States is able to sell tens of trillions of USD worth of debt to foreign nations, at extremely low interest rates. I don't really understand this addiction towards United States treasury bonds, even from nations that are hostile towards the Americans, such as China and Russia. And Russia found out the hard way, after their assets got frozen by the NATO. They should have converted their USD denominated assets to gold or some other physical asset long back. And it was not that hard. Russia produces around 300 tonnes of gold every year.

[ChiBitCTy]

This is the kind of absolute nonsense a country has to deal with when they don’t ban together and force a regime change where there would be free and fair elections.  This all really comes as no surprise and of course taking all this in this clearly shows how important bitcoin is and being borderless where your country is not able to dictate like this is extremely important.

[stompix]

I agree with your statement. The United States is able to sell tens of trillions of USD worth of debt to foreign nations, at extremely low interest rates. I don't really understand this addiction towards United States treasury bonds, even from nations that are hostile towards the Americans, such as China and Russia.

Because every day rather than looking a the window, hearing the birds, trying to cheer yourself up and think positively you're eating propaganda with a shovel for breakfast and you let yourself be overcome with hate against something you actually don't have a clue about.
That's why you come with BS like Ukraine will lose half of its territory by May, that's why you come with stupid as fuck things like Europe freezing and Europeans driving horses when last year alone Germans bought more cars than the whole of India.  Cars (excluding bikes that some uses to inflate their numbers, propaganda!).

In reality, everyone trusts the dollar because you know you can exchange it anywhere, you know the bonds will be paid, you know its value and you know that there is no way for the US to suddenly decided to peg it to some exchange rate that is completely useless, Zimbabwe, Venezuela, Russia style.
If anyone here would even remotely consider another currency to be better we would talk about BTC being worth x rubles, z yuans, y bolivars, but in reality, not even 1% would know those numbers while 101% know the price by heart in $. That's reality!

And Russia found out the hard way, after their assets got frozen by the NATO.

You obviously have no clue what Nato is, and just as a heads up, despite starting with NA is not the nationalist socialist worker's party.

They should have converted their USD denominated assets to gold or some other physical asset long back. And it was not that hard. Russia produces around 300 tonnes of gold every year.

And here comes the economic genius explaining to others how the economy works.
No, it doesn't work like that, when nobody trusts you in anything, just like here we're were all almost anonymous in order to do business you need escrow and collateral, if you want to access funds poeple need to know you're solvable, and keeping your gold and assets in some radioactive lake in Siberia is no escrow. That's why in order to get western financing Russia was so desperate on having they agreed to have all those assets in European and American banks.

But that's not a thing they teach you at the 8 AM let's hate the west propaganda morning tutorial for brainwashed zombies.

[zasad@]

The territorial composition of Russia includes not only republics. More details on this page.
http://kcbux.ru/Statyy/ZA_zizny/za-016_karta-RF.html
I have said many times that it is not worth reading news about draft laws in Russia, because they change very often.
In Russia, large shadow markets, exchangers operate in all major cities.

OK.. since you are residing in Russia, you maybe having access to better information. For me it is confusing, because I have heard about contradicting news regarding the status of Bitcoin in Russia.

In other words, the USA is shooting itself in the foot. Who would have thought it. Just to think that Gaddafi was killed for wanting to sell oil in Euros. And Saddam Hussein the same. There you have the weapons of mass destruction.

The United States is misusing the position of USD as the global trade and reserve currency. This position enables them to take loans worth trillions, at extremely low interest rates. In short, US is getting rich at the expense of other countries (who use USD for international trade). But there is no alternative available as of now. Other fiat currencies (including EUR and CNY) are even more prone to inflation when compared to the USD. I would prefer a decentralized currency such as Bitcoin, but only two countries have made it legal tender till now.

Believe me, if he lives in the RF, he does not have better information about anything, particularly about anything happening in the RF.

Sarcasm?
Russia is a very big country, if you were in Moscow, it does not mean that you were in Russia. Each territorial subject of the country has a completely different economic situation.But there are no problems with cryptocurrencies in Russia, because there are enough other problems in Russia now.

[VKcams.com]

Since July 1, 2022 individuals - Russian residents have the right in a calendar month to transfer from their account in a Russian bank to his account abroad or to another person no more than $ 1 million or the same amount in the equivalent in another foreign currency.

https://www.cbr.ru/press/event/?id=13976

[paxmao]

The territorial composition of Russia includes not only republics. More details on this page.
http://kcbux.ru/Statyy/ZA_zizny/za-016_karta-RF.html
I have said many times that it is not worth reading news about draft laws in Russia, because they change very often.
In Russia, large shadow markets, exchangers operate in all major cities.

OK.. since you are residing in Russia, you maybe having access to better information. For me it is confusing, because I have heard about contradicting news regarding the status of Bitcoin in Russia.

In other words, the USA is shooting itself in the foot. Who would have thought it. Just to think that Gaddafi was killed for wanting to sell oil in Euros. And Saddam Hussein the same. There you have the weapons of mass destruction.

The United States is misusing the position of USD as the global trade and reserve currency. This position enables them to take loans worth trillions, at extremely low interest rates. In short, US is getting rich at the expense of other countries (who use USD for international trade). But there is no alternative available as of now. Other fiat currencies (including EUR and CNY) are even more prone to inflation when compared to the USD. I would prefer a decentralized currency such as Bitcoin, but only two countries have made it legal tender till now.

Believe me, if he lives in the RF, he does not have better information about anything, particularly about anything happening in the RF.

Sarcasm?
Russia is a very big country, if you were in Moscow, it does not mean that you were in Russia. Each territorial subject of the country has a completely different economic situation.But there are no problems with cryptocurrencies in Russia, because there are enough other problems in Russia now.

All right, I reckon this is new to me. So, if you were in Moscow, it does not mean you are in Russia? It may be the case that I have not followed the latest developments of the front and Ukraine has taken Moscow then?

Jokes apart, I understand that the economy of the large cities (Moscow, St Petersburg,...)  is quite different from the rest of RF, not to mention the remote regions which are pretty much meaningless in politics - in fact the stats show how Adolf Putin manages that quite well in the army: most of the draft and most of the dead are from the regions.

[stompix]

Sarcasm?
Russia is a very big country, if you were in Moscow, it does not mean that you were in Russia.

All right, I reckon this is new to me. So, if you were in Moscow, it does not mean you are in Russia? It may be the case that I have not followed the latest developments of the front and Ukraine has taken Moscow then?

Or China, or Kazahstan if Putin starts pissing all the southern countries and Moscow will return to its glory from the times of the Golden Horde.
What he actually tried to say but his pride stopped him from saying is
- you want to see the Potemkin Russia, go to Moscow
- you want to see the reality of the poorest country in Europe, go to the southern regions of Volga and Urals, you will see poverty like in a 4th world country
Before the invasion of Crimea, when RT was actually telling the truth:
https://www.rt.com/news/russia-city-utilities-hot-water-indoor-plumbing-251/

But there are no problems with cryptocurrencies in Russia, because there are enough other problems in Russia now.

But comrade, how is that even possible.
I thought sanctions would make you strong, invincible, and the greatest power in Duck Tales multiverse.
Just a few months ago you were bragging to me how the Russian chips are on par with western technology and look at your country, you're building the best cars in the world, with no shitty air conditioning, no useless traction control, no death traps like airbags, where are those problems?

I kept wondering why those sanctions are useless every time a Russian office gets a microphone they scream at the west to lift them or else

[sovie]

Heard in my local new that Russian asked the buyers to pay in Ruble. But I am sure USA will not let this happen as the world follows the petrodollar rule.
If the world starts paying in Ruble than surly the Ruble will get strength which is not what EU and USA would want. But whatever the situation is Russian economy will not collapse that is for sure.

Here in India, some of the private companies are already importing Russian crude oil and coal by making the payment in Chinese Yuan and UAE Dirhams. They can't pay the Russians in Euros or USD due to the sanctions. As a result Chinese Yuan is now increasingly being used for international trade involving Russian commodities. Hardly anyone prefer the Ruble right now, because of its volatility. Some of the companies explored the possibility of making the payments using the Indian Rupee, but the Russians were not interested.

Every country has right to progress - but the lords have kept that currency control in their hands. If this trade of YUan and Dirham continues than surly USD will lose the power which they would not want. I assume taking revenge with Russia is not a good option. EU should reconsider the sanctions to make peace with Russia and other world

[Sithara007]

Every country has right to progress - but the lords have kept that currency control in their hands. If this trade of YUan and Dirham continues than surly USD will lose the power which they would not want.

Even now the United States Dollar is used for more than 95% of the international trade. China tried really hard to make CNY as one of the trade currencies, but other countries refused to trust their manipulated national currency. AED is used only within the middle east and it doesn't have much acceptability beyond that region. Euro is also not preferred now, because of inflation. JPY and GBP used to be prominent a few years back. But these currencies have also weakened a lot against the US Dollar.

[zasad@]

Sarcasm?
Russia is a very big country, if you were in Moscow, it does not mean that you were in Russia.

All right, I reckon this is new to me. So, if you were in Moscow, it does not mean you are in Russia? It may be the case that I have not followed the latest developments of the front and Ukraine has taken Moscow then?

Or China, or Kazahstan if Putin starts pissing all the southern countries and Moscow will return to its glory from the times of the Golden Horde.
What he actually tried to say but his pride stopped him from saying is
- you want to see the Potemkin Russia, go to Moscow
- you want to see the reality of the poorest country in Europe, go to the southern regions of Volga and Urals, you will see poverty like in a 4th world country
Before the invasion of Crimea, when RT was actually telling the truth:
https://www.rt.com/news/russia-city-utilities-hot-water-indoor-plumbing-251/

But there are no problems with cryptocurrencies in Russia, because there are enough other problems in Russia now.

But comrade, how is that even possible.
I thought sanctions would make you strong, invincible, and the greatest power in Duck Tales multiverse.
Just a few months ago you were bragging to me how the Russian chips are on par with western technology and look at your country, you're building the best cars in the world, with no shitty air conditioning, no useless traction control, no death traps like airbags, where are those problems?

I kept wondering why those sanctions are useless every time a Russian office gets a microphone they scream at the west to lift them or else

I won't talk about situation with Ukraine.

But you do not have such cars
https://zen.yandex.ru/video/watch/629e6cff25adf4180862e698?t=3  

I told you that time that I have a good imported car.
I have a friend who is in the business of selling cars. Chinese businessmen have bought a Renault factory and are bilding another big car factory.
The problem will be solved in a couple of years.

If you have money, then you can buy any car from the US or Europe. There are no sanctions in practice.

Europe prospered because it bought cheap resources from Russia and sold expensive equipment to Russia. With these sanctions, the Europeans shot themselves in the head. They are losing markets and the price of resources is going up.
These sanctions will kill Europe faster.

[stompix]

I won't talk about situation with Ukraine.

Why? Because your signature sponsor has banned you from talking about this?
Much freedom, such independence, money matters, wow revelation.
How do you feel having a ballgag put on your mouth for a few $? So much for the pride of the average Russian.

Chinese businessmen have bought a Renault factory and are bilding another big car factory.

Spare me the bullshit, no Chinese company has bought any Renault factory and they aren't stupid enough to build one either.
Autovaz was nationalized and now its producing a death trap even Fred Flinstone would be afraid to enter in it.

The problem will be solved in a couple of years.

Brezhnev said the same in the 70s.

These sanctions will kill Europe faster.

Again, Brezhnev said the same in the 70s.
Meanwhile, the reality is this:

Sales of cars and light commercial vehicles in Russia in the month of June were down by 82% year-on-year to just 27,761 units according to the Moscow-based AEB. June’s sharp decline follows a May drop of 83.5% and an April drop of 78.5%.

Way to go comrade!!!!

[zasad@]

I won't talk about situation with Ukraine.

Why? Because your signature sponsor has banned you from talking about this?
Much freedom, such independence, money matters, wow revelation.
How do you feel having a ballgag put on your mouth for a few $? So much for the pride of the average Russian.

I have not participated in political discussions before, because it is a waste of time. You believe any trash article and think that your sanctions are working, but in fact they are working against you.

The RUE findings showed that nearly a fifth of homes in cities have no hot water, and 12 percent no central heating – a necessity through Russia’s harsh winters.
https://www.rt.com/news/russia-city-utilities-hot-water-indoor-plumbing-251/

Do you believe in this nonsense because you like it so much

Chinese businessmen have bought a Renault factory and are bilding another big car factory.

Spare me the bullshit, no Chinese company has bought any Renault factory and they aren't stupid enough to build one either.
Autovaz was nationalized and now its producing a death trap even Fred Flinstone would be afraid to enter in it.

The problem will be solved in a couple of years.

Brezhnev said the same in the 70s.

These sanctions will kill Europe faster.

Again, Brezhnev said the same in the 70s.
Meanwhile, the reality is this:

Sales of cars and light commercial vehicles in Russia in the month of June were down by 82% year-on-year to just 27,761 units according to the Moscow-based AEB. June’s sharp decline follows a May drop of 83.5% and an April drop of 78.5%.

Way to go comrade!!!!

You may not believe me, but new residential complexes are being built in Russia for thousands of Chinese specialists. The Chinese company JAC will produce cars at the factories of Moskvich.

___
Why do you dislike Russia so much?

[tvbcof]

I've got a kid and there are always Jewtube kids(?) vids going on at least one of the many devices.  I gotta say, there is no comparison between 'Masha and Bear', and the faggy retarded nonsense that appeals to Westerners.  The former has reasonably complex story-lines, a lot of somewhat sophisticated humor, relatively nice scenery, etc.  The latter is atrocious.  Between this observation, the conduct of the Russian military in this latest police action, and the various 'vaccine' rates, I'm definitely betting on the Russians to play a leading role after 'the turning'.

We (thinkers) all sort of know it takes 20 years to 'destabilize' a society, and we all sort of understand that the basic reason is that it takes that long to raise a generation.  I've always thought of Russian society and Russian people as being sort of beat-down dregs, violent alcoholic wrecks, mindless brainwashed sheep, etc.  Adam Curtis' 'HyperNormalisation' captures that pretty well.  What just occurred to me is that my impressions come from the Soviet and Yeltsin time-frame, and it's getting up into the magical '20 years' since that time.  Maybe while I wasn't looking the society and the people themselves have changed quite a bit and it's about time for me to at least check to see if I need to re-calibrate somewhat.

[DrBeer]

The suffering of the Russians increases and with them the suffering of the world because of this stupid war on Ukraine. The Russian leaders insist on their stubbornness and continue in this war that has brought ruin and destruction to all. The economic sanctions imposed by the West cause suffering to the Russians. In return, the Ukrainian war causes suffering to the rest of the world, who are suffering in the first place People, not governments, so turning to Bitcoin may be the solution to get rid of these new restrictions that are being imposed and are increasing every day.

If you think that Ukrainians are killed by Putin, you are greatly mistaken! Kills, rapes, marauders, destroys everything that the Ukrainians created - namely the Russian people! It was he who created such an idol for himself as Putin, it is they who do not want to build a good life for themselves, but want to prevent others from living better than them. Well, or try to get hold of a little at the expense of the occupied territories! You have no idea how many ordinary Russians stole and took out of Ukraine to impoverished Russia, toilet bowls (for them, this is apparently a deficit or an inaccessible luxury), washing machines, electric kettles (although they stole, as a rule, without a stand, because they don’t know how it works electric kettle), TVs and even used delicate linen! It seems that this cannot be the case in the 21st century, but this is a fact, and hundreds and thousands of similar stories have been recorded in reality. So the problem is not in Putin ...

[zasad@]

The suffering of the Russians increases and with them the suffering of the world because of this stupid war on Ukraine. The Russian leaders insist on their stubbornness and continue in this war that has brought ruin and destruction to all. The economic sanctions imposed by the West cause suffering to the Russians. In return, the Ukrainian war causes suffering to the rest of the world, who are suffering in the first place People, not governments, so turning to Bitcoin may be the solution to get rid of these new restrictions that are being imposed and are increasing every day.

If you think that Ukrainians are killed by Putin, you are greatly mistaken! Kills, rapes, marauders, destroys everything that the Ukrainians created - namely the Russian people! It was he who created such an idol for himself as Putin, it is they who do not want to build a good life for themselves, but want to prevent others from living better than them. Well, or try to get hold of a little at the expense of the occupied territories! You have no idea how many ordinary Russians stole and took out of Ukraine to impoverished Russia, toilet bowls (for them, this is apparently a deficit or an inaccessible luxury), washing machines, electric kettles (although they stole, as a rule, without a stand, because they don’t know how it works electric kettle), TVs and even used delicate linen! It seems that this cannot be the case in the 21st century, but this is a fact, and hundreds and thousands of similar stories have been recorded in reality. So the problem is not in Putin ...

This is a clear example of custom articles and the opinion that is formed after reading.
Have you opened the world map?
A toilet in Russia costs from 30 to 150 dollars, my toilet costs about 100 dollars. To send this product to another region, the transport services may increase the cost of the goods.
https://www.pulscen.ru/price/440608-unitaz?page=2
And Europeans or American people believe in these nonsense.

In Russia, the state language is Russian, but in many regions there are national languages that are taught in schools, people communicate. In Chechnya, this is the Chechen language, in Chuvashia the Chuvash language, in Tatarstan - the Tatar language, I won’t bore you with enumerations. There are English, German, French schools, it is not forbidden.
And in other countries people are forbidden to speak Russian.