Quote from: Victorycoin on December 22, 2016, 08:31:10 PM

Quote from: Bitcoin0916 on December 02, 2016, 02:52:21 AM

Quote from: fatima zuhra on October 20, 2016, 08:18:54 PM

to me the government of Russia has also not given yet any statement about bitcoin, therefore people are using it as legal currency, but if their government consider it as illegal then it will really become difficult for them to use it.

I think the Government of Russia will ban bitcoin although there has been no official statement. all countries know that the use of the bitcoin will officially make a country's currency can be abandoned. In addition to this is the issue of taxes, with the State would certainly difficult bitcoin collect taxes, because the Government had no control over bitcoin.

Where did you get that the idea that the use of bitcoin goes to destroy a country's local currency? We know the Dollar have been part and parcel of many countries other than the real owner America, yet no recorded incident of the dollar edging out any local currency.

Bitcoin is an emerging technology and many countries are undecided what to do with it, so not to end up shooting themselves in the leg. Russia is really not keen about banning bitcoin, because in the short while they tried to move in that direction, they got the rude awakening that a boarderless, free and decentralized currency cannot be swept under the carpet. So now, they are probably marking time to see what the U.S. comes up with and key in.

yes i also think so that like other countries they may also have not yet take any clear decision about bitcoin. we can see that still there are too many Russian using bitcoin. i think Russia is not going to bane bitcoin even in future.