Post
Topic
Board Announcements (Altcoins)
Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World
by
Chase
on 16/10/2017, 00:29:02 UTC



"...the 13 percent tax will also be assessed on any value increase users enjoy as a result of that exchange. If, for example, the price of the CryptoRuble rises above the ruble, the difference in value will be taxed."

What a scary scenario this is! Does this mean they are letting a free and open market decide the price (certainly can't use the word value here Wink) of the CryptoRuble? If the price doesn't go the way they want it to, what's to stop them from issuing more CryptoRubles, or dumping some of their massive holdings on unsuspecting buyers? I doubt the citizens will even understand what they are getting - a government controlled manipulatable digital fiat (for lack of a better description).

If they are issuing CryptoRubles in addition to traditional Rubles, what does that mean for their money supply?