Quote from: Slow death on May 03, 2019, 03:57:58 PM

Quote from: Mbitr on April 30, 2019, 04:37:11 PM

Due to US sanctions , Russia may well start to invest its reserves in Bitcoin. Ive heard this rumour for months, but it looks more and more logical and likely.

https://toshitimes.com/russia-plans-to-replace-u-s-dollar-with-bitcoin/

This article sums it up pretty well and if it does become true, it will surely bring a very strong bullish trend .

[im g]https://i.imgur.com/afwIoXB.png[/img]

Do not believe this bullshit, how many times have we heard things like these coming from Russia? This:

Russia: Central Bank Suggests Limiting Sale of Crypto Assets for Unqualified Investors

shows clearly that russia will not use bitcoin. so stop believing these bullshit that a country with dark politics like russia will accept bitcoin

Russia: Financial Markets Committee Considers Requiring Identification From Crypto Users

Russian Minister of Justice: Cryptocurrency Doesnt Yet Need to Be Legally Defined

Quote from: https://cointelegraph.com/news/russian-minister-of-justice-cryptocurrency-doesnt-yet-need-to-be-legally-defined

Both the constitution and current financial system legislation in Russia categorically prohibit using cryptocurrencies as a means of payment, Konovalov argued, citing article 75 of the countrys constitution.

These type of rumours always passes on and also most of the peoples buy bitcoins hearing such news. We can't really assume that this is a fake news until it is been declared from any of the official source. Russia is a developing nation which has already shown huge growth in terms of security, finances, etc so expecting something similar from them can be expected by the community.

This might not surely be a news which would be relied upon. Also not only Russia but also most of other countries are not showing good enough growth towards expecting cryptocurrencies into day-to-day transactions. We can always have faith and expect something good coming towards us.