Post
Topic
Board Legal
Re: Russia would ban miners from receiving rewards in bitcoins and cryptocurrencies
by
stompix
on 14/09/2020, 12:59:30 UTC
OP, this problem is still the pros and cons, what you need to know in Russia is that 70% of the people use digital / crypto currencies like Bitcoin, the rest don't know about crypto.

Maybe 0.7%, that would be far more likely.
How in the name of god would 100 million people (Russia's population is close to 150) be able to use Bitcoin?
Even if only Russians would use BTC  and no other country it will take 7 months for each of them to make one tx.
There are only 23 million addresses in the whole chain with a balance higher of 1$, where would the rest be?

Nope, 70% is completely absurd, 7% is exaggerated, 0.7 which means 1 million is far more likely to be the real thing.

So, stop spreading unclear news, in the future if there is news about crypto in Russia, wait for an official decision from the government, then the OP will bring it to this Forum.

It's not FUD and it's nothing unclear.
There is a proposal waiting in the duma for a vote exactly with the above.
Simple as that.