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Author Topic: Businesses get $25,000 fine for using Bitcoin, $2507 fine for gov officials  (Read 2794 times)
CryptoCurrencyInc.com (OP)
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October 08, 2014, 10:33:49 AM
Last edit: October 08, 2014, 11:00:00 AM by CryptoCurrencyInc.com
 #1

Penalties for the use and creation of methods of generating cryptocurrencies.

Business get $25,000 fine for using Bitcoin.
Each individual get caught using Bitcoin will get $1260 fine.
Government officials get caught using Bitcoin will get $2,507 fine
.


Central Banks are now expecting USA to follow this penalty law for the use of Bitcoin.
Central Banks are still the rulers of USA. Legislations are now secretly being draft up in USA.


http://cointelegraph.com/news/112668/russia-to-issue-ban-and-fines-for-cryptocurrency-use


                                                                               
                 
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chennan
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October 08, 2014, 11:29:21 AM
 #2

Curious which country is releasing such tough regulation to bitcoin, which is trying to kill bitcoin. I don't think the USA will follow.

Sitarow
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October 08, 2014, 11:30:52 AM
 #3



Not going to happen.
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October 08, 2014, 11:31:41 AM
Last edit: October 08, 2014, 12:36:59 PM by mmsen
 #4

Mother Russia doesn't want her children using bitcoin.
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October 08, 2014, 11:34:10 AM
 #5

Rewarding individuals with lower fines compared to companies means mining will be more distributed in Russia. Smiley

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
aghuman1
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October 08, 2014, 11:36:09 AM
 #6

Penalties for the use and creation of methods of generating cryptocurrencies.

Business get $25,000 fine for using Bitcoin.
Each individual get caught using Bitcoin will get $1260 fine.
Government officials get caught using Bitcoin will get $2,507 fine
.


Central Banks are now expecting USA to follow this penalty law for the use of Bitcoin.
Central Banks are still the rulers of USA. Legislations are now secretly being draft up in USA.


http://cointelegraph.com/news/112668/russia-to-issue-ban-and-fines-for-cryptocurrency-use

http://cointelegraph.com/storage/uploads/view/4eb5150056fbf39ef8af31a92ca2ff62.jpg
This is not right ..
jacktheking
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October 08, 2014, 11:38:49 AM
 #7

I wonder what makes them ban bitcoin. Look like less people is supporting Bitcoin nowadays.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
Elwar
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October 08, 2014, 12:08:01 PM
 #8

I wonder what makes them ban bitcoin. Look like less people is supporting Bitcoin nowadays.

Less people? How?

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
h4xx0r
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October 08, 2014, 12:09:54 PM
 #9

I wonder what makes them ban bitcoin. Look like less people is supporting Bitcoin nowadays.

Less people? How?

He was just letting his agenda come exploding out of his flamboyant asshole. in other words, he was "talking out of his ass"

coinut
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October 08, 2014, 12:10:25 PM
 #10

as I understand it country's with the least freedom are more likely to be aggressive against Bitcoin..

 
not too surprised to be honest  
ijphlrnxewho
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October 08, 2014, 12:10:54 PM
 #11

The USA have a track record for destabilizing Russia's economy. This is their way of keeping the russian citizens down.
coinut
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October 08, 2014, 12:15:04 PM
 #12

The USA have a track record for destabilizing Russia's economy. This is their way of keeping the russian citizens down.

may I ask what this has to do with Bitcoin?
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October 08, 2014, 12:19:17 PM
 #13

The USA have a track record for destabilizing Russia's economy. This is their way of keeping the russian citizens down.

may I ask what this has to do with Bitcoin?

Yeah, how is this relevant? 
DannyHamilton
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October 08, 2014, 12:27:58 PM
 #14

Code:
+----------+
|  PLEASE  |
|  DO NOT  |
| FEED THE |
|  TROLLS  |
+----------+
    |  |  
    |  |  
  .\|.||/..

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October 08, 2014, 12:30:15 PM
 #15

The USA have a track record for destabilizing Russia's economy. This is their way of keeping the russian citizens down.

may I ask what this has to do with Bitcoin?

Pay no attention, dude is batshit crazy...usually doesn't stray from the Politics subforum.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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October 08, 2014, 12:42:04 PM
 #16

I wonder what makes them ban bitcoin. Look like less people is supporting Bitcoin nowadays.

Less people? How?

Russia is the largest country (however, not largest population). Thus, if Russia ban bitcoin, about half the population of human will not be able to use bitcoin.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
ijphlrnxewho
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October 08, 2014, 12:54:31 PM
 #17

If the Bitcoin community failed to prevent the Central Banks from banning Bitcoin in Russia. USA will be able to ban Bitcoin next.
The 13 inbred Terrorist European Bloodlines using their Central Banks to own & control USA & Russia. When you look at their country's flag you will notice the 3 colors "Red, Blue, and White"

These are "central colors" of "Central Banks" to let their inbred children know that they are the same. The people in control of these country are biological family members of the 13 inbred Terrorist European Bloodlines related to each other by DNA.
DannyHamilton
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October 08, 2014, 01:53:08 PM
 #18

Russia is the largest country (however, not largest population). Thus, if Russia ban bitcoin, about half the population of human will not be able to use bitcoin.

World Population:
7,125 million (approximately)

Russia Population:
144 million (approximately)

I don't think "about half" means what you think it means.
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October 08, 2014, 02:00:28 PM
 #19

I wonder what makes them ban bitcoin. Look like less people is supporting Bitcoin nowadays.

Less people? How?

Russia is the largest country (however, not largest population). Thus, if Russia ban bitcoin, about half the population of human will not be able to use bitcoin.

China banned Bitcoin and yet they have the highest volume of trades.

If Russia bans Bitcoin the trade volume will be through the roof.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
BitcoinExchangeIndia.com
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October 08, 2014, 02:04:39 PM
 #20

I wonder what makes them ban bitcoin. Look like less people is supporting Bitcoin nowadays.

Less people? How?

Russia is the largest country (however, not largest population). Thus, if Russia ban bitcoin, about half the population of human will not be able to use bitcoin.

China banned Bitcoin and yet they have the highest volume of trades.

If Russia bans Bitcoin the trade volume will be through the roof.

Banned things are used more aggressively in Russia and China.

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