Post
Topic
Board Bitcoin Discussion
Re: Russia Proposes Jail Sentence for Bitcoin Activities
by
medUSA
on 31/10/2015, 20:06:00 UTC
Countries which have a weak currency / are insecure about their currency tend to attack Bitcoin.  Smiley

You've nailed it. Countries in with capital controls fear massive devaluation and inflation. Bitcoin circumvents their capital controls. They actually fear crypto currencies.

MAN. Why does Russia have to do this? Bitcoin is great and it doesn't do any harm to Russia.

Above is the reason.