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Author Topic: Why Russia Hates Bitcoin but Might Love the ApplePay  (Read 2227 times)
BIT-Sharon (OP)
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October 20, 2014, 07:34:52 AM
 #1

"Today, many in the public believe that hackers have been just as successful stealing bitcoin. They’ve pointed to a history of bitcoin hacks like the one compiled by The Guardian. They won’t care about the technical differences between the two kinds of hacks. But it will make a difference to Putin. Bitcoin will be a much tougher beast for him to tame as the market adapts to stronger wallet security. Even if Russian people themselves aren’t allowed to use bitcoin, it will be tougher for the hackers to steal enough credit card funds to pay 300 billion a year in bribery fees once the countries they are stealing from switch to bitcoin."



http://bitcoinmagazine.com/17370/why-russia-hates-bitcoin-but-might-love-the-applepay/
bitsalame
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October 20, 2014, 12:21:34 PM
 #2

Not surprising.
Bitcoins is all about personal freedom, totalitarian regimes will obviously be against it.
Undermood
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October 20, 2014, 12:41:44 PM
 #3

Corruptible gov deem to fail. The use of bitcoin won't be stopped.

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October 20, 2014, 12:47:15 PM
 #4


russia love control
Jamie_Boulder
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October 20, 2014, 01:16:43 PM
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We're talking about a place that wants to cut access to the outside world and have their own internet/intranet, are you really surprised?

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October 20, 2014, 01:37:56 PM
 #6

Government hate bitcoin because its hard to trance. Imagine someone shouting over government when some hacker took their bitcoin..
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October 20, 2014, 01:58:35 PM
 #7

fall in love with American
Beliathon
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October 20, 2014, 03:34:55 PM
 #8

Not surprising.
Bitcoins is all about personal freedom, totalitarian regimes will obviously be against it.
Nailed it.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
jumbo john
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October 21, 2014, 09:44:16 AM
 #9

Not surprising.
Bitcoins is all about personal freedom, totalitarian regimes will obviously be against it.
Nailed it.

So North Koreans will surely hate bitcoin too.
Nakashima
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October 21, 2014, 10:13:43 AM
 #10

ApplePay........never heard it before  Huh
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November 02, 2014, 07:14:53 PM
 #11

Simply, Bitcoin reflects the freedom.

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November 06, 2014, 03:49:43 PM
 #12

The russia love manage everything.
bornil267645
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November 06, 2014, 06:11:54 PM
 #13

They rejected bitcoin, so the only way to turn their back on the bitcoins is to accept something opposite, hence Bitcoin

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November 06, 2014, 06:14:34 PM
 #14

Russia hates Apple too. they also closed McDolands shops.

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November 06, 2014, 06:19:20 PM
 #15

They rejected bitcoin, so the only way to turn their back on the bitcoins is to accept something opposite, hence Applepay

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November 06, 2014, 06:21:48 PM
 #16

They rejected bitcoin, so the only way to turn their back on the bitcoins is to accept something opposite, hence Applepay

Pretty much this, and given how mainstream applepay will be and materialistic our society is today...they'll accept it with open arms.


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November 06, 2014, 06:24:15 PM
 #17

Not surprising.
Bitcoins is all about personal freedom, totalitarian regimes will obviously be against it.
Nailed it.

So North Koreans will surely hate bitcoin too.
Indeed they would if they'd had any computers! Cheesy
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November 06, 2014, 06:33:18 PM
 #18

Governments hate bitcoin mainly because the financial industry hates it.

Bitcoin is eminently deflationary and its widespread use would result in
massive savings for businesses and consumers and consequently in wiping
out countless middlemen, useless financial real estate, stocks and bonds
etc. This is extremely bad news for for the obsolete financial system and
the politicians it sponsors.

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November 12, 2014, 08:43:54 AM
 #19


russia love control
Putin loves
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November 12, 2014, 09:00:45 AM
 #20

No you are wrong.
Actually , cesar Putin gov is preparing ban Apple product in 2015 . He don't like any innovative threat his throne
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