"I miss the Soviet Union, at least they respected the personal and social freedom (but, yes, I know Stalin was a lunatic). "
I hope you don't really believe that. On 2 August 2014 17:11, Fernando Paladini <[email protected]> wrote: > But when they say "criminal penalty for mining and other operation", what > they mean? I say, how can Russia know who are using Bitcoin, how can Russia > know who are trading or mining Bitcoin? > > I think this image can describe the idea I want pass: > http://news.insidebitcoins.com/sites/default/files/government-banning-bitcoin.jpg > Am I wrong about that? > > I miss the Soviet Union, at least they respected the personal and social > freedom (but, yes, I know Stalin was a lunatic). > > > 2014-08-01 20:29 GMT-03:00 Troy Benjegerdes <[email protected]>: > > On Fri, Aug 01, 2014 at 08:10:55PM +0000, Anton Nesterov wrote: >> > Ministry of Finance of Russia drafted a bill to ban cryptocurrencies >> > with administrative or criminal penalty for mining and other operation. >> > Also they want to censor bitcoin-related websites. >> > >> > This will come into force in 2015. >> > >> > http://top.rbc.ru/economics/01/08/2014/940521.shtml (in Russian) >> >> I don't know anything about russian politics, but US politicians draft >> idiotic rules/legislation all the time that get dramatically changed. >> >> (exhibit a: >> >> http://blogs.wsj.com/moneybeat/2014/07/17/ny-financial-regulator-releases-draft-of-bitlicense-for-bitcoin-businesses/ >> ) >> >> If Russia wishes to exclude themselves from the world economy, that is >> their >> choice, but I suspect their oligarchs will still want to hide money in >> New York >> >> http://nymag.com/news/features/foreigners-hiding-money-new-york-real-estate-2014-6/ >> and they'll have to get a Bitlicense to properly launder the transaction. >> >> My prediction is that Bitlicense will evolve into being the much vaunted >> 'anonymous digital cash', and you'll just need to pay the proper >> protection fee >> to the state of New York or they will get a bank to hold your funds for >> ransom >> like they are doing to Argentina's on-time debt payments. >> >> I also fully expect other states and nations will get into the licensed >> cryptocoin >> protection racket in ways that reflect their local culture and values. >> >> Don't mess with flyover land if you want to get insurance. >> >> http://www.desmoinesregister.com/story/tech/2014/05/16/des-moines-area-insurers-create-startups-haven-technology-iowa-innovation/9160921/ >> > > > > -- > Fernando Paladini > -- Pozdrawiam, Paweł Zegartowski
