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General Discussion / Russia Proposes Monetary Penalties for Bitcoin Use and Promotion
« on: October 03, 2014, 10:45:27 pm »
This sucks:
http://www.coindesk.com/russia-proposes-fines-bitcoin/
I wonder if in our case we could work around this law by explaining that its a crypto-equity, not a currency.
What is Russia so afraid of anyway? They are effectively banning anyone from programming a certain type of software. Talk about free speech.
http://www.coindesk.com/russia-proposes-fines-bitcoin/
Quote
The two-page draft bill details a series of administrative fines to be imposed on both businesses and private citizens who issue, create or deliberately disseminate information about the release or operation of digital currencies, the language implying that the law would apply to much of the bitcoin industry, from bitcoin users to miners and service providers.
I wonder if in our case we could work around this law by explaining that its a crypto-equity, not a currency.
What is Russia so afraid of anyway? They are effectively banning anyone from programming a certain type of software. Talk about free speech.