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Author Topic: Typical day of bitcoiner in Russia  (Read 1258 times)
ArsenShnurkov (OP)
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July 23, 2012, 02:37:17 AM
 #1

http://www.youtube.com/watch?v=qcljlDHSKO0

It is illegal to mine bitcoins here. And it is pain that all population asks fiat money as that little girl. It is difficult to explain bitcoin advantages for them.
Even if you find one other man with bitcoin barcode tatoo (as in 6:06) you still want to kill him.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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koin
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July 23, 2012, 02:53:29 AM
 #2

http://www.youtube.com/watch?v=qcljlDHSKO0

It is illegal to mine bitcoins here. And it is pain that all population asks fiat money as that little girl. It is difficult to explain bitcoin advantages for them.
Even if you find one other man with bitcoin barcode tatoo (as in 6:06) you still want to kill him.

i don't get it.  i'm not a gamer though.   what does this have to do with either russia or bitcoin?
arsenische
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July 23, 2012, 02:57:41 AM
 #3

Is mining illegal in Russia? why is that?

unclemantis
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July 23, 2012, 05:02:46 AM
 #4

Is mining illegal in Russia? why is that?

I want to know more.

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ArsenShnurkov (OP)
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July 23, 2012, 05:18:51 AM
Last edit: July 23, 2012, 05:30:51 AM by ArsenShnurkov
 #5

I want to know more.

1) It is written in law - Ruble (fiat currency) is the only legal mean of exchange. Coinage of another currencies is prohibited.
2) There is special law about electronic money. It allows only money which are issued by some centralized authority. This way that law ties electronic money to fiat money.

Mining is coinage of alternative international currency.
And bitcoin doesn't fit to electronic money law because it doesn't have an organization responsible for emission.
This is why it is prohibited in the territory of Russia.

And we have antiterror laws which can be used against any unauthorised activity.

And we have court system, which judge 98% of cases to jailing decision (The rest of 2% is exceptions for the members of bureaucracy strata). So if you get to court you will be jailed for sure.

The only reason, why bitcoins are used in Russia - is ignorance of laws.
"If you are not catched - you are not a criminal"

That is why I am asking for i2p version of bitcoin.
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July 23, 2012, 05:38:26 AM
 #6

So don't mine in Russia. Join a mining pool from outside Russia. Any Bitcoin created will be awarded to the pool. You can use a Bitcoin address at MtGox which is in Japan to send the Bitcoin mining share or just have it sent to a brainwallet address which exists nowhere except your thoughts. If you want to make money to pay your bills, then have the Bitcoin converted to local currency and sent to your bank. Taxes may apply.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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July 23, 2012, 05:58:08 AM
 #7

I want to know more.

1) It is written in law - Ruble (fiat currency) is the only legal mean of exchange. Coinage of another currencies is prohibited.
2) There is special law about electronic money. It allows only money which are issued by some centralized authority. This way that law ties electronic money to fiat money.

Mining is coinage of alternative international currency.
And bitcoin doesn't fit to electronic money law because it doesn't have an organization responsible for emission.
This is why it is prohibited in the territory of Russia.

And we have antiterror laws which can be used against any unauthorised activity.

And we have court system, which judge 98% of cases to jailing decision (The rest of 2% is exceptions for the members of bureaucracy strata). So if you get to court you will be jailed for sure.

The only reason, why bitcoins are used in Russia - is ignorance of laws.
"If you are not catched - you are not a criminal"

That is why I am asking for i2p version of bitcoin.

How can bitcoin be money if it is uncentrialized?

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ArsenShnurkov (OP)
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July 23, 2012, 06:25:17 AM
 #8

So don't mine in Russia. Join a mining pool from outside Russia. Any Bitcoin created will be awarded to the pool. You can use a Bitcoin address at MtGox which is in Japan to send the Bitcoin mining share or just have it sent to a brainwallet address which exists nowhere except your thoughts. If you want to make money to pay your bills, then have the Bitcoin converted to local currency and sent to your bank. Taxes may apply.

Thats valid for storing value.

But what if you want to do something? Any major activity should be protected with agreements under legal system. The law states that these agreements should be nominated in Rubles (fiat currency).
It is inefficient to do business when there is no way to enforce contracts legally. One need to feed his own security company. And this renders most startups unprofitable.
kmsalex
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July 23, 2012, 07:25:15 AM
 #9

Or you could just move somewhere else Tongue TBH if i was you i would have gotten out of there in 1991, you never no when border policys might take a turn for the worse  Shocked
ArsenShnurkov (OP)
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July 23, 2012, 07:47:16 AM
 #10

if i was you i would have gotten out of there in 1991

I feel myself like a penguin.
Because i live in uncomfortable conditions
and I am not travelling to africa for the better fate.
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July 23, 2012, 08:33:28 AM
 #11

if i was you i would have gotten out of there in 1991

I feel myself like a penguin.
Because i live in uncomfortable conditions
and I am not travelling to africa for the better fate.

lol
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July 23, 2012, 12:14:40 PM
 #12

Or you could just move somewhere else Tongue TBH if i was you i would have gotten out of there in 1991, you never no when border policys might take a turn for the worse  Shocked

Ok,mate ! You said it.  Grin
10 millions of our refugees very soon will be your guests.
Don't worry ! We'll take all our bears, bazookas and samogon (sort of smelly hooch)with us.
So we and you will have REALLY a lot of fun !



Wait! Wait!

are you bringing this guy?!?!
http://www.youtube.com/user/FPSRussia
ArsenShnurkov (OP)
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July 23, 2012, 07:31:16 PM
 #13

are you bringing this guy?!?!

Actually there are lots of them here:
https://www.youtube.com/watch?v=aYRmnUGBVCw
goodlord666
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July 27, 2012, 02:35:03 AM
 #14

Bitcoin should be illegal in most countries of the world.

I don't think Russian laws are much different from laws elsewhere.


kmsalex
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July 27, 2012, 04:27:07 AM
 #15

Bitcoin should be illegal in most countries of the world.

I don't think Russian laws are much different from laws elsewhere.



Your point?

P.S. Just watched this tonight http://www.imdb.com/title/tt0099810/
goodlord666
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July 27, 2012, 04:35:38 AM
 #16

Bitcoin should be illegal in most countries of the world.

I don't think Russian laws are much different from laws elsewhere.



Your point?

P.S. Just watched this tonight http://www.imdb.com/title/tt0099810/

I like strawberries more than I do bananas. Get it now?


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July 27, 2012, 04:40:49 AM
 #17

Bitcoin should be illegal in most countries of the world.

I don't think Russian laws are much different from laws elsewhere.



Your point?

P.S. Just watched this tonight http://www.imdb.com/title/tt0099810/

I like strawberries more than I do bananas. Get it now?



I was gonna insult you in my first post but I held off in case you were Russian and something was lost in translation.

This forum does attract an interesting spectrum of people.
goodlord666
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July 27, 2012, 04:53:46 AM
 #18

bitch is a grammar

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