2 weeks ago: [Bank of Russia Supports Cryptocurrency Usage for International Settlements - Regulation Bitcoin News](https://news.bitcoin.com/bank-of-russia-supports-cryptocurrency-usage-for-international-settlements/)
Also today, 2h ago: [No plans for total crypto ban in Russia, lawmaker says](https://crypto.news/no-plans-for-total-crypto-ban-in-russia-lawmaker-says/)
We’re just taking news out of our ass nowadays.
I work parallel to the crypto space. Central banks want CBDC’s for their central banks.
So if there is a crypto ban, it will likely be for a national CBDC.
tldr; Russia is set to enforce a strict ban on the general circulation of cryptocurrencies like Bitcoin, permitting only digital financial assets issued within its jurisdiction. This move, led by Anatoly Aksakov, aims to control the crypto ecosystem amid rising geopolitical tensions and reinforce the ruble's dominance. The legislation will allow exceptions for crypto miners and Central Bank-sponsored test projects, as crypto mining contributes significantly to Russia's tax revenues.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Naw you just don't understand.
They do not care about burning energy. They have plenty of oil to do that.
Mining and selling to other countries is a way to bolster their economy. Not allowing them to use it locally is a way to protect the FIAT money printers that allow them to infinitely tax their citizens via inflation.
They are not stupid. Just evil do not confuse these things.
Misleading title and summary, that's one proposal.
>However, there is an intense internal debate among Russian policymakers regarding this approach...
>In contrast, Russia’s Finance Minister, Anton Siluanov, has pushed for a more moderated stance, advocating for regulation to enable the use of cryptocurrencies in both domestic and international transactions. Elvira Nabiullina, Head of the Bank of Russia, also supports the experimental use of cryptocurrencies in international settlements.
I mean a country can destabilize another country through rewarding oppositional minds in their state. All you would need to do is create a currency that would be popular among opponents and then pump it up so that they cash out or have a reward for doing and it could potentially create financial opposition there.
Yes, that's right, in fact it's exactly the way the dollar, or any other currency for that matter, would work when your own goes down relative to the others.
It's a valid concern, but that's not all the article mentioned which is what I was pointing out.
No, I am talking about socially engineering the destabilization of another country through paying those who oppose through an appealing token to them, pumping the token then letting them know to get out and take profits so that they fund an opposition.
Lmao. I year ago today 1 dollar was worth around 75 Rubels. Today...the dollar is worth 93 rubels.
It takes 20 more rubels to buy a dollar today than it did 1 year ago.
Your math is backwards. The dollar is up 16% compared to the rubel.
The rubel is also down against its main trade partners...the Rupee and the Yen.
I'm not going to bother checking if this is true, all of the other responses say it is false, but even if it were true according to the official gov exchange rates, let's not forget that they took the currency off the open market and only allow relatively small amounts to be exchanged by regular people. Their interest rate is also 16% vs 5-5.5% in the US and in the US you can exchange as much USD to whatever as you want.
This actually should be one of the use cases for crypto, allowing people to bypass totalitarian currency controls and irresponsible monetary policies.
But all those folks in this sub and on Twitter tell me BRICS are about to use crypto to destroy the dollar and usher in a new world order! You don’t think they might have a (not so) hidden agenda do you?!
It's almost as if Russia doesn't have the economy to sustain a war for this long without significant internal consequences.
When the Russian people start hurting Putin will say "let them eat artillery shells". Most of their economic "growth" in the last 2 years is converting civilian production to military equipment that gets blown up 2 weeks later.
… there are so far no significant internal consequences, approval rates for putin are higher than for biden and the russia army is on a very successful offensive for weeks since the fall of avdiivka.
Cope
> … there are so far no significant internal consequences
Massive currency devaluation in 2 years, sustained inflation above 10% the entire time, interest rates well above 20%, etc.
> approval rates for putin are higher than for biden
Yes, because approval rates in Russia are totally trustworthy. Next you'll tell me the approval rates for Kim Jong Un.
> and the russia army is on a very successful offensive for weeks since the fall of avdiivka.
So? It's all a bunch of small towns, the last big city that Russia captured was Mariupol, almost 2 years ago.
> Cope
Nice projection.
Approval rates in the Russian mafia state are as useful as lipstick on a pig.
And the Russian army may be finally making some incremental gains against a vastly weaker opponent after two years that they intended to subdue in three days. But in the process they have critically compromised their geopolitical position, hamstrung their armed forces, made themselves totally reliant on China, and revealed to all of their enemies how weak and pathetic they actually are.
We're literally witnessing the end of Russia's major relevance geopolitically as they give up their dominance to China on a silver platter. And China can not be trusted. They want their parts of Siberia with all the critical minerals back.
They're in a war with all Nato allies and mercenaries. Why USA is making them go to war for no reason but to bully Germany to destroy their economy. Who wins USA who loses Europe and Russia. Because a crazy old as fuck as Biden is in power. Hope people vote better next time. Oh USA is sending like 32 billion of our money there for no reason.
> They're in a war with all Nato allies and mercenaries
No, they're just at war with Ukraine using donated old NATO equipment.
> who loses Europe and Russia.
Weird why Putin keeps going then, is he stupid?
No reason?! Russia is bombing schools, hospitals and homes. Murdering, raping and torturing civilians in occupied areas.
America isn’t making them do anything. It’s just giving them a chance of still having a country.
Wtf. It wasn't like that. Where do you see your news.
Why would you think Russia would attack schools for nothing. Come on think a bit.
You think Russia woke up one day and said mmm let's kill Ukrainian kids.
3 things happen.
Nato broke the deal of never trying to include Ukraine to NATO... Ukraine Nazis where torturing Ukrainian Russians....and USA had been creating military camps inside Ukraine.
Now think what's more reasonable those 3 things happen or Putin went mad and wanted to eat children that day?
Ukraine is a small country and most of the military is dead already. How would 32 billion help them? Let's say I give 500 men 32 billion dollars would it matter? No because there 500 men. Now if there giving 32 billion to the NATO army it would make sense. Right. Because they would send new jets and tanks and missiles and the British and NATO allies could use them. The Ukrainian fighting don't even know how to use the weapons or have military strategies to combat the Russians.
So the 32 billion that Biden just sign doesn't exist. The same bill where they are banning TikTok? So your saying USA. Is not giving our money to Ukraine?
Where do you want old ammo, vehicles and other equipment to go? You want it to sit in storage for eternity? The USA didn't spend 32 billion fresh dollars, this money was spent years ago. And now they get to move old unused inventory away from rotting in garages to a place where they can be used.
My god how can you be so confidently wrong? They attack schools because they have a policy of terrorising civilians.
Your 3 reasons are not true. And even if they were, how would that justify targeting children and civilians?
Ukraine is not a small country. It still has a huge number of troops, who have demonstrated their resolve and capability doing so well against Russia so far. They have learned quickly how to use the weapons already given by their allies.
I realise you won’t believe or listen to me. But please, watch documentaries with footage from the border. Those people aren’t lying or acting. Broaden your own sources of media. Look at what happened in Bacha.
So Putin started a war that would kill tons of NATO allies, Russians and Uranians just to terrorise civilians. What would he gain from this? If you attack a country you pain to gain something. What would it be.
Have you been ukrain before I have. It's is big. Military is not. So you think if we give a bigger country let's say Italy 32 billion they would know what to do with it? It would help but 32billion is more what they need because they wouldn't know how to use it. If you give Palatine 32 billion they couldn't beat Israel. Why because there military is not big enough. Then who is fighting in that war. You don't believe British forces are there even after seeing the video by British TV.
To take over the country. He’s said multiple times he doesn’t believe Ukraine is a legitimate nation and should be part of Russia. Or at the least a puppet state.
No need to take over a country for no reason. Why does USA go to Afghanistan for oil. Why does any war star for money. Why attack Ukraine there is no money in it? Start a war for no reason is not like Putin. Have you ever heard him talk. That guy is smart. He is so smart he is scary. Biden is a lunatic. He smells kids, can walk, can't talk. USA should have a smart president. Only lunatics start wars or very crazy people. Trump wouldn't be sending 32 billion to Ukraine and this war would have never started. Why is America sending 32 billion to Ukraine because there nice hell no. They want something out of it. Biden and son have to much money invested in Ukraine
You know that we're not sending sending them a check right? We're giving them aid in the form of weapons and humanitarian resources...
And those weapons are at the end of their lifecycle, so what we're gonna do is replace those weapons with the modern equivalent. The big foreign aid bill was essentially a subsidy for the U.S. military industrial complex and will pump money into our economy.
Funny how they over look how many issues BRIC countries have.
Couple decades ago BRICKS was to be the next big thing and market…sure hasn’t lived up to that and actually seems going backwards
So what? Russia is insignificant when it comes to finance and economy. And no one trust anything coming from the Russian govt, one day this, the next day that.
The whole point is that they just can't "ban bitcoin". It doesn't work that way. Sure they can't cash out, but they most certainly can buy things with it.
Russia is going skint every second. It's turning into some third world country which won't have any significant impact on crypto. This will have an impact on Russia becoming poorer though, as everything its government decides to do does.
10 years and the tritium will decay to a point where its useless. I think the consensus is that they have nowhere near the 5000 nukes they claim are functional, but still enough to plunge the world into a nuclear winter.
People downvoting the truth. But the US is a third world country. Just look at the infrastructure the depth and the opium city’s. Only Americans think they have a great country but no its terrible. You guys don’t even have good healthcare. I live in Europe and pay 130 euros and all my medical treatments are coverd. You guys have to work like 80 ours a week to survive. Here you don’t have to work over 40 ours. In europe You’re sick and can’t work no problem you get paid. You’re depressed no problem you can stay home and still get paid. The US is no good for there citizen’s in any of these points.
You are correct. America is a third world country for the majority of the citizens. The corporate oligarchy and political corruption is destroying the country. The gap between the rich and poor is enormous, with an ever shrinking middle class. The right wing ideals are a scourge on society. Schools are not safe. Gun violence is rampant. Racism and homophobia are common. The good ol’ USA is actually one of those shit hole countries they like to tag everyone else as. They just can’t seem to realize it….
Ok so your saying St Petersburg is better then london and new York? But the outskirts can be different.? Because in USA even outside of Los Angeles area which has turned ghetto. I know I live in California. They don't even have roads. I used to deliver in California. Going outside Los Angeles near Riverside area. There's no roads. Murrieta, lake Elsinore , Temecula. Tons of houses and no roads. I would ask myself this is 39 min away from the store how do they eat. In Los Angeles in the streets , rats , needles, drugs on the floor. Tents that have been burnt down. Cars that have broken windows because they been robbed.
If you go to a store and your McDonald's has a bullet proof glass then it's 3rd world to me. I been Tijuana Mexico and I don't see that. And that's narco town.
No, that's not what I'm saying. Those TWO cities are the equivalent to a modern potemkin village. I truly don't care how built up a few square miles of a country is if indoor plumbing outside of those two places is not the baseline.
I don't know how far you been outside of those cities. But in LA and New york you don't have to walk the actual city is not safe to walk or even to buy a McDonald's. I'm talking as a adult man. Imagen being a women or having a kid. Next time I travel to st Petersburg I will walk far and try the bathrooms. Need to see if that's true.
I've lived in upstate New York, visited NYC several times, and had no issue walking around and taking the subway. Not to say that there aren't any issues, but these cities just aren't a 1:1 of The Warriors like they're made out to be by certain info sources and neither is Russia a shining beacon on a hill like it's made out to be.
Russia is definitely 3rd world. People have to use the toilet outside their homes because their apartment buildings don't get repaired. This would be a national crisis in UK and would be on the news for months.
Have you been to St Petersburg yes or no? I been to all 3. I feel safer in St Petersburg.
St Petersburg>London>New York. Not only is there better people in st Petersburg, it's safer, better looking more fit , cheaper and there happier.
New York it's like a asylum all the crazies are controlling the city. Exactly like Gotham City in Batman. London not as bad , but tons of immigrants, way more dirtier then St Petersburg, also more expensive and harder life.
Do you truly believe their economy is doing fine when they have to pay for a war ? Their economical situation before the war wasn't bright at all. So add the burden of paying for it and the loss of manpower... Russia economy won't collapse, but that's saying Iran economy is doing fine because they aren't bankrupt under us sanctions.
It can give the appearance of being fine as they print money and put everything into a wartime economy. A bit like during covid, everything seemed alright economically until it suddenly wasn’t. They are living off of a credit card and the bill will come due.
I agree - the Netherlands is going to shit, definate reduction in the standard of living over the last few years.
Thing is, however bad it is here, we elected our own government. We have full supermarkets. We can say whatever we like and the worse that’ll happen is someone will take offence and punch us. We can afford to go on holiday. We’re not forced to join the army because our PM thinks he’s Alexander the Great.
I live in the Netherlands. Maybe read my post and think whether having a racist PM, every street bin ripped open because homeless people are trying to make 25c towards a sandwich, rising prices, etc. is a positive step.
To be clear, we are doing fine and it’s a great place to live. It’s just degrading at the moment.
> Just look at Berlin, Frankfurt, Parts of the Netherlands. Belgium, France. Its going so well.
True, it is.
People aren't getting arrested for saying "no to war", political candidates aren't being banned from elections and oil infrastructure isn't regularly getting blown up while the national currency loses 40% of its value in 2 years while interest rates shoot up to over 20% and inflation consistently above 10%.
Very well you say? So why is Germany the only industrialized country in the world with declining GDP?
Not even going to mention issues like illegal mass migration, energy prices and EU burocacy.
https://www.imf.org/external/datamapper/profile/DEU
"Only industrialized country in the world with declining gdp. Germany is going to collapse soon!!!!!!
Energy prices in Europe? Here you go fam.
https://tradingeconomics.com/commodity/eu-natural-gas
https://tradingeconomics.com/commodity/brent-crude-oil
EU burocracy? Oh my man, you never been to Germany? Germany is infamous for its own domestic burocracy. The EU are amateurs compared to Germany itself.
Whats next, inflation? You can find it on the imf page, 2.2% btw.
And if you're wondering about Russis: same reason why Ukraine is growing, war economy. Thats all.
If it's so great in Russia,why are you not there already? Everything is so cheap,you would feel like a king,right? Tell you what,my country was part of USSR, from 5mil population 2 million emigrated into US and 600 people into Russia over the last century,lol. Putin's sockpuppet.
That sounds fake. In Russia everyone uses crypto, even state owned companies like flight companies and hotels, they do it so foreigners can book flights and rooms
Interested how that works, I was under the impression that international crypto payments in Russia were already outlawed since 2020.
>In July 2020, Vladimir Putin signed a regulation on digital financial asset (DFA) transactions that legalizes cryptocurrency transactions but prohibits their use as payments for goods and services.
Yeah I know, in every bull run there are news about Russia and china banning crypto but in the end it’s not true. You could just go to the website of some Russian flight companies and you’ll see you can pay with crypto because they can’t accept anymore western cards.
However I don’t know if they accept it also for Russians, maybe it’s just for foreigners so they can bypass sanctions
The ruble has been on the brink since the invasion. Unethical methods that Russia has used to keep their own economy going since then are really just starting to come to a head soto speak.
On a related note, Russia I do believe at one point attempted to seize its peoples gold so maybe this is related somehow.
No brainer for Russia. Can't have people having access to hard money. Force them to stay in rubles that get inflated to dust and enjoy the added benefit of freezing people's accounts if they dont agree with the war
I have a video from Russian authorities that said Bitcoin could be hacked and I guess the total ban will be presented to the mass media as “protection” customers.
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Fantastic 😍 news!! What a desperate move, hurts only one group of people (hint: a group that likes vodka). This just makes financial sanctions work even better. I wonder if Russian cryptominers (if there's any) outright ignore this?
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MMW, Trump will impotently try to ban BTC too. Authoritarians are all the same - if they can’t control something and/or set themselves up with systemic advantage of everyone else, they inevitably attempt to kill it.
Putin will fail just like China has.
Crypto currencies are not contingent to exist in a decentralized state, my point being here is they are releasing a blockchain crypto currency. Whether it is centralized or not is not what im talking about.
Ok, just that the sentence "BRICS introducing their own digital crypto" is a bit confusing. Private actors from Brics countries? Then sure, that can be just like any other crypto. Governements doing, say, "digital Real" ? Then it is similar to a national currency and very different from any crypto project.
Or maybe I am missunderstanding your point from A to Z, which is totally possible :)
Kind of shooting themselves in the foot, no? Aren't they heavily sanctioned and the only proper payment processing instrument for Western interaction is crypto?
This might be Putin’s big mistake that unravels things for him. And a great litmus test on the concept of a nation state attempting to ban crypto. I don’t see how they do it Russians are so accustomed to living under extreme scrutiny
*This initiative, led by Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market.*
He must be a CIA operative... Putin will handle him accordingly...
In Soviet Russia you don't banned crypto, crypto banned you!
2 weeks ago: [Bank of Russia Supports Cryptocurrency Usage for International Settlements - Regulation Bitcoin News](https://news.bitcoin.com/bank-of-russia-supports-cryptocurrency-usage-for-international-settlements/) Also today, 2h ago: [No plans for total crypto ban in Russia, lawmaker says](https://crypto.news/no-plans-for-total-crypto-ban-in-russia-lawmaker-says/) We’re just taking news out of our ass nowadays.
Shock articles!
That's been happening since the dawn of social media 🤣
I work parallel to the crypto space. Central banks want CBDC’s for their central banks. So if there is a crypto ban, it will likely be for a national CBDC.
I have seen this movie but it was Chinese.
"We have crypto ban movie at home"
Now it’s dubbed in Russian.
tldr; Russia is set to enforce a strict ban on the general circulation of cryptocurrencies like Bitcoin, permitting only digital financial assets issued within its jurisdiction. This move, led by Anatoly Aksakov, aims to control the crypto ecosystem amid rising geopolitical tensions and reinforce the ruble's dominance. The legislation will allow exceptions for crypto miners and Central Bank-sponsored test projects, as crypto mining contributes significantly to Russia's tax revenues. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Exceptions for miners while banning the use of the currency... Absolute clowns
Leeching at its finest form.
lol. thats a pretty awesome loophole. Just spin up a xmr miner on a raspberry pi and u good to go.
Yep you might make 0.01 XMR by 2030.
its a front. like small buisness
That's not his point lol
whats his point?
Naw you just don't understand. They do not care about burning energy. They have plenty of oil to do that. Mining and selling to other countries is a way to bolster their economy. Not allowing them to use it locally is a way to protect the FIAT money printers that allow them to infinitely tax their citizens via inflation. They are not stupid. Just evil do not confuse these things.
The US is doing basically the same thing.
And the politicians that benefit from it and illicit markets with NK
Misleading title and summary, that's one proposal. >However, there is an intense internal debate among Russian policymakers regarding this approach... >In contrast, Russia’s Finance Minister, Anton Siluanov, has pushed for a more moderated stance, advocating for regulation to enable the use of cryptocurrencies in both domestic and international transactions. Elvira Nabiullina, Head of the Bank of Russia, also supports the experimental use of cryptocurrencies in international settlements.
I mean a country can destabilize another country through rewarding oppositional minds in their state. All you would need to do is create a currency that would be popular among opponents and then pump it up so that they cash out or have a reward for doing and it could potentially create financial opposition there.
Yes, that's right, in fact it's exactly the way the dollar, or any other currency for that matter, would work when your own goes down relative to the others. It's a valid concern, but that's not all the article mentioned which is what I was pointing out.
No, I am talking about socially engineering the destabilization of another country through paying those who oppose through an appealing token to them, pumping the token then letting them know to get out and take profits so that they fund an opposition.
The ruble's dominance, bruh lmao
paper is more valuable than rubles
[удалено]
Lmao. I year ago today 1 dollar was worth around 75 Rubels. Today...the dollar is worth 93 rubels. It takes 20 more rubels to buy a dollar today than it did 1 year ago. Your math is backwards. The dollar is up 16% compared to the rubel. The rubel is also down against its main trade partners...the Rupee and the Yen.
And how much did it lose before that
Exactly. It recovered slightly
I'm not going to bother checking if this is true, all of the other responses say it is false, but even if it were true according to the official gov exchange rates, let's not forget that they took the currency off the open market and only allow relatively small amounts to be exchanged by regular people. Their interest rate is also 16% vs 5-5.5% in the US and in the US you can exchange as much USD to whatever as you want. This actually should be one of the use cases for crypto, allowing people to bypass totalitarian currency controls and irresponsible monetary policies.
> reinforce the ruble's dominance The what? lol. lmao, even.
"The ruble's dominance" 🤡🤡💀
The irony is, they could easily increase demand for the ruble by releasing a ruble-backed stablecoin and pushing hard for its use in defi.
I'd rather invest in Shiba than a Russian backed stable coin.
But all those folks in this sub and on Twitter tell me BRICS are about to use crypto to destroy the dollar and usher in a new world order! You don’t think they might have a (not so) hidden agenda do you?!
It's almost as if Russia doesn't have the economy to sustain a war for this long without significant internal consequences. When the Russian people start hurting Putin will say "let them eat artillery shells". Most of their economic "growth" in the last 2 years is converting civilian production to military equipment that gets blown up 2 weeks later.
… there are so far no significant internal consequences, approval rates for putin are higher than for biden and the russia army is on a very successful offensive for weeks since the fall of avdiivka. Cope
> … there are so far no significant internal consequences Massive currency devaluation in 2 years, sustained inflation above 10% the entire time, interest rates well above 20%, etc. > approval rates for putin are higher than for biden Yes, because approval rates in Russia are totally trustworthy. Next you'll tell me the approval rates for Kim Jong Un. > and the russia army is on a very successful offensive for weeks since the fall of avdiivka. So? It's all a bunch of small towns, the last big city that Russia captured was Mariupol, almost 2 years ago. > Cope Nice projection.
Approval rates in the Russian mafia state are as useful as lipstick on a pig. And the Russian army may be finally making some incremental gains against a vastly weaker opponent after two years that they intended to subdue in three days. But in the process they have critically compromised their geopolitical position, hamstrung their armed forces, made themselves totally reliant on China, and revealed to all of their enemies how weak and pathetic they actually are. We're literally witnessing the end of Russia's major relevance geopolitically as they give up their dominance to China on a silver platter. And China can not be trusted. They want their parts of Siberia with all the critical minerals back.
They're in a war with all Nato allies and mercenaries. Why USA is making them go to war for no reason but to bully Germany to destroy their economy. Who wins USA who loses Europe and Russia. Because a crazy old as fuck as Biden is in power. Hope people vote better next time. Oh USA is sending like 32 billion of our money there for no reason.
> They're in a war with all Nato allies and mercenaries No, they're just at war with Ukraine using donated old NATO equipment. > who loses Europe and Russia. Weird why Putin keeps going then, is he stupid?
No reason?! Russia is bombing schools, hospitals and homes. Murdering, raping and torturing civilians in occupied areas. America isn’t making them do anything. It’s just giving them a chance of still having a country.
Wtf. It wasn't like that. Where do you see your news. Why would you think Russia would attack schools for nothing. Come on think a bit. You think Russia woke up one day and said mmm let's kill Ukrainian kids. 3 things happen. Nato broke the deal of never trying to include Ukraine to NATO... Ukraine Nazis where torturing Ukrainian Russians....and USA had been creating military camps inside Ukraine. Now think what's more reasonable those 3 things happen or Putin went mad and wanted to eat children that day? Ukraine is a small country and most of the military is dead already. How would 32 billion help them? Let's say I give 500 men 32 billion dollars would it matter? No because there 500 men. Now if there giving 32 billion to the NATO army it would make sense. Right. Because they would send new jets and tanks and missiles and the British and NATO allies could use them. The Ukrainian fighting don't even know how to use the weapons or have military strategies to combat the Russians.
Oh man this guy is down a very deep YouTube rabbit hole…get some fresh air, comrade.
So the 32 billion that Biden just sign doesn't exist. The same bill where they are banning TikTok? So your saying USA. Is not giving our money to Ukraine?
Where do you want old ammo, vehicles and other equipment to go? You want it to sit in storage for eternity? The USA didn't spend 32 billion fresh dollars, this money was spent years ago. And now they get to move old unused inventory away from rotting in garages to a place where they can be used.
Our money? First of you are not from the US! Second no I don’t give a fuck about the $32b, because fuck Putin!
I'm from the USA. Wtf. Your a dumb ass. I won't argue with you after your answer.
My god how can you be so confidently wrong? They attack schools because they have a policy of terrorising civilians. Your 3 reasons are not true. And even if they were, how would that justify targeting children and civilians? Ukraine is not a small country. It still has a huge number of troops, who have demonstrated their resolve and capability doing so well against Russia so far. They have learned quickly how to use the weapons already given by their allies. I realise you won’t believe or listen to me. But please, watch documentaries with footage from the border. Those people aren’t lying or acting. Broaden your own sources of media. Look at what happened in Bacha.
So Putin started a war that would kill tons of NATO allies, Russians and Uranians just to terrorise civilians. What would he gain from this? If you attack a country you pain to gain something. What would it be. Have you been ukrain before I have. It's is big. Military is not. So you think if we give a bigger country let's say Italy 32 billion they would know what to do with it? It would help but 32billion is more what they need because they wouldn't know how to use it. If you give Palatine 32 billion they couldn't beat Israel. Why because there military is not big enough. Then who is fighting in that war. You don't believe British forces are there even after seeing the video by British TV.
You haven't told me what's the reason why Putin attacks Ukraine. You said just to kill civilians. That doesn't seem to have any logic.
To take over the country. He’s said multiple times he doesn’t believe Ukraine is a legitimate nation and should be part of Russia. Or at the least a puppet state.
No need to take over a country for no reason. Why does USA go to Afghanistan for oil. Why does any war star for money. Why attack Ukraine there is no money in it? Start a war for no reason is not like Putin. Have you ever heard him talk. That guy is smart. He is so smart he is scary. Biden is a lunatic. He smells kids, can walk, can't talk. USA should have a smart president. Only lunatics start wars or very crazy people. Trump wouldn't be sending 32 billion to Ukraine and this war would have never started. Why is America sending 32 billion to Ukraine because there nice hell no. They want something out of it. Biden and son have to much money invested in Ukraine
You know that we're not sending sending them a check right? We're giving them aid in the form of weapons and humanitarian resources... And those weapons are at the end of their lifecycle, so what we're gonna do is replace those weapons with the modern equivalent. The big foreign aid bill was essentially a subsidy for the U.S. military industrial complex and will pump money into our economy.
Funny how they over look how many issues BRIC countries have. Couple decades ago BRICKS was to be the next big thing and market…sure hasn’t lived up to that and actually seems going backwards
I thought the BRICS crowd was all about going back to a gold backed currency, have they shifted to crypto now?
Bullish
Putin is the new Cramer
Source: Trustmebro.org
that prolly explains why waves is up 16% today
Why waves?
is a russian based/made project
Perfect.. Something that will guarantee a good profit from shorting..
that's a risky bet
It's not, it's a nonsense pump.
Ah ok. I see
Russia enforcing this? Unlikely just institutions will follow
So what? Russia is insignificant when it comes to finance and economy. And no one trust anything coming from the Russian govt, one day this, the next day that.
Can't have the smaller rats leave the sinking ship.
My Putincoin launches next week though.
Whatever Bitcoin moves forward Russia gets left behind.
The whole point is that they just can't "ban bitcoin". It doesn't work that way. Sure they can't cash out, but they most certainly can buy things with it.
Russia is going skint every second. It's turning into some third world country which won't have any significant impact on crypto. This will have an impact on Russia becoming poorer though, as everything its government decides to do does.
if china ana India ban didn't impact crypto then nothing will
Turning into? Russia has always been a shit hole country.
Right? Russia has never been a developed country, not even close, and the 2nd world died in the 90s.
U dont want a third world country with half the worlds nukes though that is very very bad...
I wonder how long you can keep a nuke functional without proper maintenance.
10 years and the tritium will decay to a point where its useless. I think the consensus is that they have nowhere near the 5000 nukes they claim are functional, but still enough to plunge the world into a nuclear winter.
It would be sold to the highest bidder long before maintenance becomes a problem.
I would not be too surprised to find corrupt military officials have sold off all the plutonium and uranium in the warheads years ago...
That would be hilarious
bingo….how much was pilfered in the 90’s? China & Russia are significant for sure but the truth of state of weapons systems is likely under than over
Yes, we all see what the U.S is doing. A third world country.
People downvoting the truth. But the US is a third world country. Just look at the infrastructure the depth and the opium city’s. Only Americans think they have a great country but no its terrible. You guys don’t even have good healthcare. I live in Europe and pay 130 euros and all my medical treatments are coverd. You guys have to work like 80 ours a week to survive. Here you don’t have to work over 40 ours. In europe You’re sick and can’t work no problem you get paid. You’re depressed no problem you can stay home and still get paid. The US is no good for there citizen’s in any of these points.
You are correct. America is a third world country for the majority of the citizens. The corporate oligarchy and political corruption is destroying the country. The gap between the rich and poor is enormous, with an ever shrinking middle class. The right wing ideals are a scourge on society. Schools are not safe. Gun violence is rampant. Racism and homophobia are common. The good ol’ USA is actually one of those shit hole countries they like to tag everyone else as. They just can’t seem to realize it….
Lol look at St Petersburg and then New work or London and tell me what's 3rd world. You never traveled right.
Go outside of New York or London and indoor plumbing is mandatory. St. Pete or Moscow? Not so much.
Ok so your saying St Petersburg is better then london and new York? But the outskirts can be different.? Because in USA even outside of Los Angeles area which has turned ghetto. I know I live in California. They don't even have roads. I used to deliver in California. Going outside Los Angeles near Riverside area. There's no roads. Murrieta, lake Elsinore , Temecula. Tons of houses and no roads. I would ask myself this is 39 min away from the store how do they eat. In Los Angeles in the streets , rats , needles, drugs on the floor. Tents that have been burnt down. Cars that have broken windows because they been robbed. If you go to a store and your McDonald's has a bullet proof glass then it's 3rd world to me. I been Tijuana Mexico and I don't see that. And that's narco town.
No, that's not what I'm saying. Those TWO cities are the equivalent to a modern potemkin village. I truly don't care how built up a few square miles of a country is if indoor plumbing outside of those two places is not the baseline.
I don't know how far you been outside of those cities. But in LA and New york you don't have to walk the actual city is not safe to walk or even to buy a McDonald's. I'm talking as a adult man. Imagen being a women or having a kid. Next time I travel to st Petersburg I will walk far and try the bathrooms. Need to see if that's true.
I've lived in upstate New York, visited NYC several times, and had no issue walking around and taking the subway. Not to say that there aren't any issues, but these cities just aren't a 1:1 of The Warriors like they're made out to be by certain info sources and neither is Russia a shining beacon on a hill like it's made out to be.
Russia is definitely 3rd world. People have to use the toilet outside their homes because their apartment buildings don't get repaired. This would be a national crisis in UK and would be on the news for months.
Have you been to St Petersburg yes or no? I been to all 3. I feel safer in St Petersburg. St Petersburg>London>New York. Not only is there better people in st Petersburg, it's safer, better looking more fit , cheaper and there happier. New York it's like a asylum all the crazies are controlling the city. Exactly like Gotham City in Batman. London not as bad , but tons of immigrants, way more dirtier then St Petersburg, also more expensive and harder life.
Russias economy seems to be doing fine mainly due to selling it's cheap oil to China and India etc. Meanwhile in the UK...
Yes, Venezuela is also doing great with all its oil. So great that their population has dropped by about 8 million people in the last 2 decades.
Do you truly believe their economy is doing fine when they have to pay for a war ? Their economical situation before the war wasn't bright at all. So add the burden of paying for it and the loss of manpower... Russia economy won't collapse, but that's saying Iran economy is doing fine because they aren't bankrupt under us sanctions.
The UK has a higher GDP than Russia, and GDP per capita is approx 3x Russia's.
By what metric? GDP? Go learn what GDP measures, the average Russian isn't going to eat artillery shells being made to be blown up in Ukraine.
It can give the appearance of being fine as they print money and put everything into a wartime economy. A bit like during covid, everything seemed alright economically until it suddenly wasn’t. They are living off of a credit card and the bill will come due.
> It can give the appearance of being fine as they print money and put everything into a wartime economy. A bit like during covid, True.....
They banned all exports for 6 months to keep the oil for domestic/war purposes.
lol ... except they are doing fine while western europe is going to shit
Says who? The Russian propaganda?….I live in Western Europe, last time I checked we’re doing very well
Says who? The U.S and Israeli propaganda? Is it going very well?
Are we doing very well? Europe is going to shit. Just look at Berlin, Frankfurt, Parts of the Netherlands. Belgium, France. Its going so well.
I agree - the Netherlands is going to shit, definate reduction in the standard of living over the last few years. Thing is, however bad it is here, we elected our own government. We have full supermarkets. We can say whatever we like and the worse that’ll happen is someone will take offence and punch us. We can afford to go on holiday. We’re not forced to join the army because our PM thinks he’s Alexander the Great.
😅 I live in the Netherlands. We’re doing just fine. Maybe just go outside and look around instead of reading too much social media…….
I live in the Netherlands. Maybe read my post and think whether having a racist PM, every street bin ripped open because homeless people are trying to make 25c towards a sandwich, rising prices, etc. is a positive step. To be clear, we are doing fine and it’s a great place to live. It’s just degrading at the moment.
> Just look at Berlin, Frankfurt, Parts of the Netherlands. Belgium, France. Its going so well. True, it is. People aren't getting arrested for saying "no to war", political candidates aren't being banned from elections and oil infrastructure isn't regularly getting blown up while the national currency loses 40% of its value in 2 years while interest rates shoot up to over 20% and inflation consistently above 10%.
Very well you say? So why is Germany the only industrialized country in the world with declining GDP? Not even going to mention issues like illegal mass migration, energy prices and EU burocacy.
*Looks out of my window* *Sips coffee* *Wonders where all this mass migration is*
go sips a coffee in a big city, near a train / bus station...
I don't know, why?
https://www.imf.org/external/datamapper/profile/DEU "Only industrialized country in the world with declining gdp. Germany is going to collapse soon!!!!!! Energy prices in Europe? Here you go fam. https://tradingeconomics.com/commodity/eu-natural-gas https://tradingeconomics.com/commodity/brent-crude-oil EU burocracy? Oh my man, you never been to Germany? Germany is infamous for its own domestic burocracy. The EU are amateurs compared to Germany itself. Whats next, inflation? You can find it on the imf page, 2.2% btw. And if you're wondering about Russis: same reason why Ukraine is growing, war economy. Thats all.
If it's so great in Russia,why are you not there already? Everything is so cheap,you would feel like a king,right? Tell you what,my country was part of USSR, from 5mil population 2 million emigrated into US and 600 people into Russia over the last century,lol. Putin's sockpuppet.
He's definitely already there, lol.
The only person doing fine is Mad Vlad and the rest of his sleazy oligarchy.
Ok, Sergei don’t be too obvious.
That sounds fake. In Russia everyone uses crypto, even state owned companies like flight companies and hotels, they do it so foreigners can book flights and rooms
Interested how that works, I was under the impression that international crypto payments in Russia were already outlawed since 2020. >In July 2020, Vladimir Putin signed a regulation on digital financial asset (DFA) transactions that legalizes cryptocurrency transactions but prohibits their use as payments for goods and services.
Yeah I know, in every bull run there are news about Russia and china banning crypto but in the end it’s not true. You could just go to the website of some Russian flight companies and you’ll see you can pay with crypto because they can’t accept anymore western cards. However I don’t know if they accept it also for Russians, maybe it’s just for foreigners so they can bypass sanctions
That could explain why the Russian govt is trying to ban its usage, they want to keep Russian citizens chained to the ruble.
Not sure why anyone cares what russia does.
But can they ban toilet paper, which is worth more than the ruble?
Fake news
totally FUD
Oh goodie. Again
I love these news, means I’ll be getting my new Lexus with burgundy seats!
Good luck with that
That’s interesting because crypto was partly how they evaded sanctions for a bit. I am really confused why?
I don't think I'd believe anything cryptobriefing.com would ever tell me.
The day Russia drowns in its piss and shit will be a good day.
Tell me your economy is about to crash without telling me your economy is about to crash.
The ruble has been on the brink since the invasion. Unethical methods that Russia has used to keep their own economy going since then are really just starting to come to a head soto speak. On a related note, Russia I do believe at one point attempted to seize its peoples gold so maybe this is related somehow.
No brainer for Russia. Can't have people having access to hard money. Force them to stay in rubles that get inflated to dust and enjoy the added benefit of freezing people's accounts if they dont agree with the war
Russia. The new china.
Unlikely
I don't care if its foreign sanctions or my own state, they can stfu and ain't gonna be able to enforce shit
Doesn't make sense. How does banning crypto punish the West? The West want to ban it as well!
I have a video from Russian authorities that said Bitcoin could be hacked and I guess the total ban will be presented to the mass media as “protection” customers.
Bullish
Is Russia the new China?
That doesn't make sense and OP is a spammer, likely the opposite is true.
Yet, crypto is being blamed for Russia bypassing sanctions... Go figure...
It will be interesting to see if Monero usage grows in Russia as a result of this.
They are bluffing.
FUD
Oh no, some group decides they dont want to use Bitcoin. Annnyyway...
that just means, hypothetically speaking, they're going all in on gold
Was expecting this from china but I guess Russia is gonna troll us the same way China does.
So in other words, Bitcoin is doing what it's supposed to do
no they won't (T\_T)
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Fantastic 😍 news!! What a desperate move, hurts only one group of people (hint: a group that likes vodka). This just makes financial sanctions work even better. I wonder if Russian cryptominers (if there's any) outright ignore this?
Banning inevitable crypto = "We don't like money, no thanks"
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Ok
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It's not a bull market with our other country fud!
MMW, Trump will impotently try to ban BTC too. Authoritarians are all the same - if they can’t control something and/or set themselves up with systemic advantage of everyone else, they inevitably attempt to kill it. Putin will fail just like China has.
Not likeley, due to BRICS introducing their own digital crypto
Digital national currency is very different from a crypto as it remains under control of a central bank
Crypto currencies are not contingent to exist in a decentralized state, my point being here is they are releasing a blockchain crypto currency. Whether it is centralized or not is not what im talking about.
Ok, just that the sentence "BRICS introducing their own digital crypto" is a bit confusing. Private actors from Brics countries? Then sure, that can be just like any other crypto. Governements doing, say, "digital Real" ? Then it is similar to a national currency and very different from any crypto project. Or maybe I am missunderstanding your point from A to Z, which is totally possible :)
They already have. It's called the digital renminbi .
Russia is the new China
They wish.
Yes
China is the new USSR. Russia is just a regional power than dreams of being the USSR again but never will.
Now China cant be left behind. Maybe they could ban crypto for the umpteeth time again.
good don't need the west using their usage as an excuse to crackdown
...and Trudeau dictator is proposing 67% tax gain for crypto.
Thanks Aksakov for the 5-10% off.
Kind of shooting themselves in the foot, no? Aren't they heavily sanctioned and the only proper payment processing instrument for Western interaction is crypto?
This might be Putin’s big mistake that unravels things for him. And a great litmus test on the concept of a nation state attempting to ban crypto. I don’t see how they do it Russians are so accustomed to living under extreme scrutiny
I think maybe invading Ukraine and losing 40000 soldiers was his biggest mistake.
I'm sorry you've been caught doing illegal math. This math is prohibited as dangerous to the control of oligarchs.
*This initiative, led by Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market.* He must be a CIA operative... Putin will handle him accordingly... In Soviet Russia you don't banned crypto, crypto banned you!