As I said: Bitcoin is not for the weak, only for the brave.

It’s a bill, and they are just testing the waters by modifying it to see what gets into the actual law.

Moreover, it’s not that black and white. They don’t talk about a blanket ban, but rather disallowing circulation by plebs, while still allowing miners to continue operating and other exceptions for the actors they see fit for their agenda.

Not trying to defend anyone here, just clarifying.

Bitcoin has always been, and will always be black market money. Banning makes it more powerful.

Russia ban bitcoin

Bitcoin doesn't care

Russia proposes to ban themselves from Bitcoin. Nice.

We obtained new highs and the attacks began, there is too much noise in the news and the price fractality says bullish, with the evolution of the bullish fractal that we already had when leaving the previous maximum, so it all boils down to fear and noise to discount the price , and as always the big ones accumulate as much as they can. You have to be strong... Listening to Samourai's bitcoin 2140 pod, I'm left with this "We have to go back to the fundamentals and cyphepunk thoughts that have been left a little aside, ignored by the new mass that comes to bitcoin." We must continue learning and fight against sensitivity and control, for now we will be silent fighters, buy all the fucking bitcoin that your existence allows.

Ban = more usage

Just look at the case of Nigeria, good luck with the ban Russia.

Russia therefore confirms that it understands nothing about how Bitcoin works. Wanting to ban Bitcoin only justifies the very existence of Bitcoin and strengthens the Bitcoin system which will grow from it!

While this doesn't stop Bitcoin it will certainly lead to spreading more FUD around about it...We need to incentivize the masses - I feel like a broken record always pushing for more adoption but until we reach the tipping point, Bitcoin will continue to go through waves of adoption...I know it is what is...but we could do more to smooth out the higher highs and higher lows....it would help make this transition a little more tolerable for the masses.

When great powers are in a state of direct conflict, each has a strong justification to enact powers that wouldn't be accepted under conditions of peace. Without assigning responsibility to any side in the present conflict, the lack of interest in diplomatic solutions among bitcoiners has been remarkable.

Partly, that's because you risk losing social media followers if you start commenting on areas outside your area of expertise. There is one notable exception, and his solution is for Russia to be conquered. I have no doubt that's been noticed in Moscow.

As much as I find there to be no reasonable alternative to permissionless hard money, anyone involved with Bitcoin in any way needs to consider how a people can defend itself against attacks like that which took place at Crocus City Hall. Russia believes the attackers were paid using Tron.

In the same way as I find it difficult to blame Moscow for its careful surveillance and suppression of domestic opposition with links to, and funding from, those who seek to conquer it, I find it difficult to blame Moscow alone for this decision, given the complete disinterest shown by those involved in cryptocurrency (Bitcoin in particular) in peaceful, diplomatic solutions.

Of course, it leads us all closer to a CBDC dystopia. Russia's will certainly be interoperable with China's, as will that of the US in due course. But as that process unfolds, people involved with Bitcoin will have to assume the consequences of their political naïveté, dismissal of the victims of violence and ignorance of geopolitical realities.

The normie masses are being sheperded into open air digital prisons.

Freedom seekers don't care what russia says about bitcoin.

Wish them good luck! 😂😂😂

Ban = hates freedom

This will pave the way for CBDC and punish those who left the country. Most ordinary Russians don't care: they have no savings to shield from the inflation. Only those who emigrated will be screwed. There will be fewer and fewer channels to move money in and out. Out - to fund emigrants from Russian income (mostly renting out old flats), in - to help relatives who stayed. Raiffeisen Bank is now pretty much the only one left who allows EUR transfers (from 25k a pop with 1000 EUR fee!), and EU is actively pushing it to leave Moscow.

A lot of normies turned to crypto recently, and they already learning how shady it can be. Some USDT they get for rubles in Moscow cannot be changed back into EUR because it is tainted. Centralized wallets outright block such funds with no legal recourse. With the total ban this will become worse. I was hoping for Venezuela style Lighting adoption, but with no legal ways to spend or exchange BTC it will be problematic. Trying to sell crypto p2p bears a risk of bank account freeze or raise interest from taxmen. Only p2p for cash...

How did we get from "Russia to legalise bitcoin", "Russia to use bitcoin for international transfers" to this?

And haven't these geniuses wondered why you prefer to use Bitcoin instead of the ruble? maybe they should start there instead of "banning" Bitcoin.

And what will happen with the other cryptocurrencies?

I love the complete lack of understanding this displays in technology by them lmao

How are they going to do that? Like how china limits facebook?