Post
Topic
Board Politics & Society
Re: Russia puts under control the crypto
by
KingScorpio
on 01/05/2018, 19:29:59 UTC

Do you think other countries can put in the same way?


The draft law "On Digital Financial Assets" passed the first stage of consideration in the Russian parliament and was approved by the government.

This law forms a system of strict control over financial transactions with the crypt.

The most important points:

1. Only wallets on government approved exchanges (legal wallets) will be legal.

Create legal wallet will be possible only after identification by ID (passport) of the citizen.

Transactions on all other wallets will be illegal and will be prosecuted police.

2. All transactions will be taxed.

3. Each transaction worth more than 600,000 rubles (about $ 10,000) will be under special control Central Bank.

4. Mining will require a license. Private mining will be considered illegal and persecuted.

you will get much worse things than just "countries" interfering into crypto

you wil get decentral forces that out of nothing will appear everywhere that will terrorise cryptoeconomics to shape it in their interest, there wont be much formalities, they will just try to take what they want if cryptoholders cant defend it. they weakened the state structures trying to focus consumption capacities on themselves do you really think armed forces, and complex social organisations will just stay and look?

talking, reasoning, discussing, convincing will likely become completely useless things, as it will be all about who holds power(valuable money) and who not(selling his time).

all those "financial experts" and "analysts" will gradually embarras themselves, while they are loosing all their trust and money.