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/It would be very stupid, illogical. Most recently, Moscow launched its national payment system "MIR", (translated as the world). It will be very difficult to promote it because of competition from VISA and MasterCard. In this case it would be very beneficial and logical to supplement the functional of the Russian payment system with the ability to input and output bitcoin. But no...
What do they have for people in general in the government? They have an IQ clearly below average.