Post
Topic
Board Altcoin Discussion
Re: Russian Ministry Of Finance Considers Allowing Crypto Trading
by
Searing
on 24/06/2019, 03:40:30 UTC
Honestly, Bitcoin looks fairly unstoppable at this point (until the whales dump it into oblivion). If crypto is the future, then Bitcoin will survive as a form of digital gold. I know ppl say "bitcoin can't be silenced", but if it gets banned everywhere, then the price will never rise to what some believe it could be worth.

Article - https://tipestry.com/topics/5d0f091e8902d3702176037e/russian-ministry-of-finance-considers-allowing-cryptocurrency-trading

Many countries float proposals on bitcoin all the time. For good reasons (adoption IMHO) or for bad reasons (banning). Most if not all are just 'noise'.

I've been hearing Russia is going to ban Bitcoin or that India is gonna ban Bitcoin for more than a few years now, and nothing from either camp ever comes to pass.

In Russia for example, this may be the ONLY way that oligarchs and such on the USA ban list of seizing assets etc....to move anything outside of the country.

It has too much use for the powers that be, at least in Russia. Now India, however, you maybe could ban Bitcoin at least on paper if not in practicality. But

the adoption rate (I think) is nowhere near as high.

Anyway, how this has shaken out since 2013 and year by year from what I can tell. More or less the same song since than...lots of talk..little in the way of even

feeble attempt to control Bitcoin.

Brad