Quote from: keithers on February 06, 2014, 10:18:25 PM

Quote from: ArticMine on February 06, 2014, 06:13:32 PM

If I understand correctly it is also illegal to conduct trade in Russia between a Russian individual and / or legal entity and another Russian individual and / or legal entity in USD, EUR etc., so in effect this places Bitcoin in a similar position to that of USD, EUR etc.

Yes, based on that information provided, it is in the same boat as any other currency in comparison to the local currency of Russia. I don't quite get how they will monitor if citizens are using it to purchase goods outside of Russia, or does it not even apply then if the transaction isn't taking place in Russia.

the law forbidding $ and euros is there since the USSR 1917 , nothing has changed and we al know what happend to the USSR.
and we all know that the $ was more used then the rubble so it will be with the bitcoin.