The Russian Revolution coming soon...

[CryptoCurrencyInc.com]

The Russian Revolution coming soon...
http://www.coinssource.com/russia-plans-total-bitcoin-ban-2015/

[notbatman]

I deem thee FUD; only the Amish have a resistance to cryptocurrency! However, I suspect even they can be digitized with hand written paper wallets and QR codes.

[CryptoCarmen]

Revolution is a my solution!

[Beliathon]

They are waking up, just like everyone else from Hong Kong to Mexico to USA

https://www.youtube.com/watch?v=twSCvbTdYTc

[slaveforanunnak1]

Putin probably looked through Edwards papers and noticed that satoshi is actually a CIA project name .. LOL i kid, i kid!

[Get.BTC.Now]

Revolution is a my solution!

It is the solution for everything.

[ChuckBuck]

I thought Russia banned Bitcoin awhile ago.  Seems like it's been banned several times already.

As long as China doesn't ban it for the thirteenth time!   

[okae]

as always putin trying to find enemies everywhere, this remember me to some other countrys.....eeuu life style?

[chenka563]

BTC in Russian ,there is a very small percentage of the total bitcoins, basically can ignore the presence of the bitcoin in Russia.Ignore it!

[FUR11]

Interesting, they were against it some time ago, but then reversed their stance. I wonder what made them change their mind again! It could be a desire to completely control monetary instruments, though... Who knows!

[LFC_Bitcoin]

I'm not exactly clued up on my history but why are Russia so against BTC?

Is it because they're a former communist state & are terrified of uber rich oil billionaires like Roman Abramovich using BTC instead of Russian money to avoid tax?

This is bull **** Russia are just scared of rich Russians using BTC to avoid taxes by Putin (with reference to a BTC ban in Russia).

''Due to the sheer volatility of Bitcoin and other cryptocurrencies and the fact that these cryptocurrencies are not backed by any assets, many financial advisers have been agreeing with this decision as it is simply being done for the benefit of the people''

They don't care about 'the people' they are protecting themselves.

[CryptoCurrencyInc.com]

Bank of Russia and Media Ministry to ‘Block Information’ on Cryptocurrencies
http://cointelegraph.com/news/112689/bank-of-russia-and-media-ministry-to-block-information-on-cryptocurrencies

[Beliathon]

Interesting, they were against it some time ago, but then reversed their stance. I wonder what made them change their mind again!

They realized finally what they are dealing with here... well not truly, because they are dealing with inevitability, but they must see bitcoin's potential to rob nations of their monopoly over money creations and give back power to the people in a world-changing, irreversible way.

Bitcoin is a truly frightening prospect for any tyrant or oligarch that is paying attention.

[djarot]

lol such things make me laugh really:D just how do they think to monitor this stuff?I don't say automatically russian govt is so very stupid as to think its easy to "switch off" bitcoin knowledge, but really even its plan to switch off internet access in "time of crisis" couldnt stop bitcoin. just the volumes from russia on this forum suggest it's already engrained enough not to be forgotten..

[cellard]

lol such things make me laugh really:D just how do they think to monitor this stuff?I don't say automatically russian govt is so very stupid as to think its easy to "switch off" bitcoin knowledge, but really even its plan to switch off internet access in "time of crisis" couldnt stop bitcoin. just the volumes from russia on this forum suggest it's already engrained enough not to be forgotten..

It's basically impossible, think about it. How ridiculous it would be to monitor ever single computer for traces of Bitcoin. The amount of money they would lose trying to do this would be way bigger than what they could lose by just allowing Bitcoin flow freely. It's a lossing game and Putin is making a clown out of himself.

[lihuajkl]

Even the Russian gov stops the internet connection, ppl there can still keep bitcoin in paper wallet and barter the paper wallet for fiat or any other things. Bitcoin is embedded into many citizens' mind and can always find ways to deal with it.

[bornil267645]

First thing that comes to mind when I hear Russia is"BAN"...so I don't know how the scenario could change. But one thing is for sure, this program will create laughter not revolution.

[Meuh6879]

they do the same thing as china or europe or USA.
because, they have created the BRICS ... too.

wait 5 years, and you see ... the bitcoin at the end.

[dagi]

this Ban create a new underground layer in Russia

[51percemt]

lol such things make me laugh really:D just how do they think to monitor this stuff?I don't say automatically russian govt is so very stupid as to think its easy to "switch off" bitcoin knowledge, but really even its plan to switch off internet access in "time of crisis" couldnt stop bitcoin. just the volumes from russia on this forum suggest it's already engrained enough not to be forgotten..

It's basically impossible, think about it. How ridiculous it would be to monitor ever single computer for traces of Bitcoin. The amount of money they would lose trying to do this would be way bigger than what they could lose by just allowing Bitcoin flow freely. It's a lossing game and Putin is making a clown out of himself.

The Russin government was actually looking into ways they could potentially turn off the internet in the event of a "crisis" which would be a little bit easier if they control (or sufficiently) control the ISPs in the country, they could simply direct them to stop providing interne access.