One day after JP Morgan chief Jamie Dimon chimped out again over Bitcoin – claiming governments around the world will “crush” the crypto-currency, Julian Assange took to Twitter to ‘thank’ Senators McCain and Lieberman for an ‘illegal banking blockade’ against Wikileaks, causing the whistleblower organization to invest in Bitcoin for a return on investment north of 50,000%.
My deepest thanks to the US government, Senator McCain and Senator Lieberman for pushing Visa, MasterCard, Payal, AmEx, Mooneybookers, et al, into erecting an illegal banking blockade against @WikiLeaks starting in 2010. It caused us to invest in Bitcoin — with > 50000% return. pic.twitter.com/9i8D69yxLC
— Julian Assange ? (@JulianAssange) October 14, 2017
Meanwhile, Russia appears to have embraced the inevitable shift to virtual currencies – launching their own ‘Crypto-Ruble,’ days after announcing a ban on websites selling virtual currencies.
Speaking at a conference on financial market derivatives, Shvetsov said while referring to the household “We cannot stand apart. We cannot give direct and easy access to such dubious instruments for retail (investors),”
The central bank of Russia is seeing a rise in crypto-currencies because of high returns from buying into such instruments. Some investors are yet afraid what will be the outcome if their businesses do not flourish.
As CoinTelegraph reports, Russian President Vladimir Putin has officially stated that Russia will issue its own ‘CryptoRuble’ at a closed door meeting in Moscow, according to local news sources.
The news broke through Minister of Communications Nikolay Nikiforov.
According to the official, the state issued cryptocurrency cannot be mined and will be issued and controlled and maintained only by the authorities.
The CryptoRubles can be exchanged for regular Rubles at any time, though if the holder is unable to explain where the CryptoRubles came from, a 13 percent tax will be levied.
The same tax will be applied to any earned difference between the price of the purchase of the token and the price of the sale. Nikiforov said:
“I confidently declare that we run CryptoRuble for one simple reason: if we do not, then after 2 months our neighbors in the EurAsEC will.”
While the announcement means that Russia will enter the cryptocurrency world, it is in no way an affirmation or legalization of Bitcoin or any other decentralized cryptocurrency. On the contrary, Putin quite recently called for a complete ban on all cryptocurrencies within Russia. The statement from Putin seemed apparently to contradict the earlier comments from other ministers who seemed pro-crypto, but only with regulations, as well as Putin’s recent meetings with Buterin and others.
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Can’t really see the diff b/w digital Ruble and crypto Ruble other than the later being tethered on blockchain.
In crypto everything is back traceable, everything is tracked in multiples thereof. So one more freedom lost…Government will trip across this to our ultimate loss of freedom and privacy.
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