Post
Topic
Board Bitcoin Discussion
Re: Russia says BTC will never be legalised - do you think we'll see a knock on?
by
Oilacris
on 21/11/2017, 20:17:04 UTC
Nikolai Nikiforov stated: "Bitcoin is a foreign project for using blockchain technology, the Russian law will never consider bitcoin as a legal entity in the jurisdiction of the Russian Federation."


The article goes on to say:

"However, Nikiforov added that it is "quite possible" that Russia could consider using blockchain technology, as well as various digital tokens. However, he did not provide any context in which the technology might be utilized."

Do you think we'll see other countries going down this route?

Source: https://www.coindesk.com/russia-will-never-consider-bitcoin-legalization-says-minister/
I already anticipated such thing which most governments would really only see the usefulness of blockchain technology that have been used by bitcoin which they dont really care at all on adopting it and would rather get the idea and make use on other things instead. We cant be sure if other countries would follow the same path but in my own view they would really come along.