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btc_manager
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Russian Government Will Not Ban Bitcoin

Sat Jan 14, 2017 9:18 pm

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The central bank of Russia, better known as the Bank of Russia, does not plan to impose a ban on Bitcoin.

Olga Skorobogatova, the Deputy Governor of the Bank of Russia, announced on January 12 that the central bank nor the government would prohibit the usage of bitcoin. Skorobogatova emphasized the complexity and sophistication of bitcoin and explained that the government should not impose a ban on Bitcoin until it fully understands both technical and economic aspects of the digital currency...

Read more here:

https://btcmanager.com/news/russias-gov ... n-bitcoin/


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maxg
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Joined: Sun Jan 15, 2017 3:10 am

Re: Russian Government Will Not Ban Bitcoin

Sun Jan 15, 2017 3:24 am

The whole concept around "banning" Bitcoin needs to change. The discourse is always, "BTC banned in China, BTC banned in the USA".
No, BTC cannot be banned, governments can declare the transaction of BTC unlawful, but they cannot "ban" BTC, at least not technically or literally.

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