Rememeber when
IMPORTANT UPDATE:
Bitcoin's Stupid, Says Stoner
Hell if I know, Justin, hell if I know.
Russian Bear Fed Up With Bitcoin Bullshit
Russia's Ministry of Finance has developed a new version of its proposed law that would seek to both outlaw and apply criminal penalties for activities involving digital currencies, according to a report by Russian news source Interfax.
Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill.
Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623).
Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill.
Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623).
IMPORTANT UPDATE:
Quote from: https://www.cryptocoinsnews.com/russian-finance-ministry-proposes-a-4-yr-prison-sentence-for-bitcoin-users/
 | The Russian Ministry of Finance that had previously supported fines of up to 500,000 rubles or a 2-year community service sentence is now pressing ahead for a 4-year prison sentence. |
Bitcoin's Stupid, Says Stoner
 | Weedmap CEO Justin Hartfield doesn't think Bitcoin will help to grow the marijuana industry, contrary to what many in the Bitcoin space claim. Heres the thing - say you sell a bunch of weed, and your customers pay you in Bitcoin, Hartfield told CCN. "How the heck are you gonna cash out millions of digital coins into tens of millions of United States Dollars?" |