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Messages - Senin

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31
If Putin had been smart enough, he would not have attacked Ukraine last February. In this regard, he is now in a big dead end and does not know how to get out of it. He got involved in this war and now he simply cannot leave Ukraine, because this will mean the end of him as a politician and, most likely, he will simply be killed by his own people.

Well, as for humanity, on Putin’s orders, for the second year now, ballistic missiles have been flying at Ukrainian cities, destroying civilian infrastructure and killing women, children and the elderly. Wow humanity!!!
Dude, we are discussing about crypto and Russian economy. We don't discuss about the war. If you want to blame Russia for the humanity, how about Israel that everyday send their bombs to Palestine? Is Israel government also not smart like Russian government?  :-\
Again: we need to consider who attacked whom and who is defending himself.
On October 7, we saw a well-planned, large-scale incursion by Hamas forces from the Gaza Strip into Israel. By the way, Russia knew about this Hamas attack, took an active part in planning the attack on Israel, sponsored Hamas with the help of cryptocurrency, and individual Russians took direct part in the attack as instructors. This attack was notable for its senseless brutality against Israeli civilians, several hundred of whom were taken hostage to provide cover for Israeli retaliatory strikes. That is, the Hamas militants seemed to be deliberately provoking an equally massive and harsh retaliatory strike. After all, it was impossible to achieve any other goal. And the answer from Israel came and continues to this day. Can you tell me how Israel could destroy Hamas without causing harm to civilians in the Gaza Strip?
Hamas counted on the support of Iran and other Muslim states. He miscalculated and is now being destroyed by the Israeli army. But Russia achieved its goal: the attention of the world community was switched from the war in Ukraine to military actions between Hamas and Israel, and fewer weapons were supplied to Ukraine.

32
As we have seen in various press articles, forums and even TV shows, Russia will ban cryptocurrency trading within its borders. Do you think that something similar to what happened with China for several years will happen or that the Russian government will apply it as quickly as possible with all the restrictions?. I am thinking that maybe it will happen like in India where they decided to ban crypto but then the government decided to discuss it again.

What do you think?.
Although it was part of very old news, nothing is being said about cryptocurrency in Russia at present. Russia will not ban bitcoin for now because banning bitcoin in Russia right now would depress the economy so much that the economy would not be able to handle the huge pressure of the war. Moreover, a certain part of the big investors are based in Russia, so the economic sanctions on the investors at the moment will have the possibility of causing huge damage to the Russian economy. So for now Russia is not going to take any legal action or ban on Bitcoin.
In Russia, the use of cryptocurrency to pay for goods and services is prohibited, but its use as an investment asset is permitted.

At the beginning of 2022, the Central Bank advocated banning cryptocurrencies in Russia. The Ministry of Finance did not agree with the Central Bank. In April, Prime Minister Mikhail Mishustin said that the Cabinet of Ministers is against recognizing cryptocurrencies as a means of payment. Prosecutor General Igor Krasnov proposed recognizing cryptocurrencies as “the subject of criminal attacks.”

At the end of 2022, Russian Minister of Economy Anton Siluanov reported that his department was unable to reach an agreement with the Central Bank on the legalization and regulation of the circulation of cryptocurrencies. The position of the Central Bank remains unchanged - private money, including digital money, should not become a legal means of payment. In addition, the Constitution of the Russian Federation directly states that the only means of payment on the territory of the Russian Federation is the ruble.

According to the amendments of the Ministry of Finance, a citizen can be fined 200 thousand rubles for paying for goods in cryptocurrency, and a company can be fined 1 million rubles. A maximum sentence of 7 years in prison has been proposed for the illegal organization of a crypto exchange. True, I don’t know whether these amendments have been adopted or not.

33
The Russian economy continues to be increasingly strangled by the sanctions placed against it. The sanctions are working, imports are decreasing, international partners are departing, and unemployment is rising despite the Kremlin's constant attempts to downplay anything negative.
I am very confident that Russia will have a solution that can control its economy well because I believe that the Russian President is very intelligent and, of course, has a very high level of humanity, so he will find a good solution.
If Putin had been smart enough, he would not have attacked Ukraine last February. In this regard, he is now in a big dead end and does not know how to get out of it. He got involved in this war and now he simply cannot leave Ukraine, because this will mean the end of him as a politician and, most likely, he will simply be killed by his own people.

Well, as for humanity, on Putin’s orders, for the second year now, ballistic missiles have been flying at Ukrainian cities, destroying civilian infrastructure and killing women, children and the elderly. Wow humanity!!!

  And the senseless war that he started, sending hundreds of thousands of his soldiers to death and both they and Ukrainian soldiers die in a brutal massacre. Is this also human?
Putin is one of the most bloodthirsty killers in the history of mankind, who, moreover, never sticks to his words.

35
Cryptocurrency discussions / Re: Will banks use privacy coins ?
« on: December 23, 2023, 08:01:02 AM »
Lol. Banks are extensions of the government and as such would not touch privacy coins with a long pole. Things might change in the future, but that is the prevalent thought now
It is not easy to change the rules in the bank authority because it is a government institution that will always be bound by very strict rules before doing or changing the rules. It's true mate that the bank is an extension of the government to be able to connect with many people to complete their needs. It is very difficult to be able to determine that Privsi coins will be used by banks, still need time to be able to change that.
Banks may use some common cryptocurrencies in their business, but they will never deal with privacy coins. On the contrary, there is a very high probability that states and their governments will prohibit the use of privacy coins such as Monero, Scash and others. Governments will always strive to control the circulation of cryptocurrency whenever possible, and privacy coins make it virtually impossible to do this.

36
The Ethereum network is constantly updated. Three more updates are planned for January and early February and this significantly improves the situation with high transaction fees.

To make a good profit on Ethereum, now is the best time to buy this coin, since, after the Bitcoin halving in April, potential altcoins should quickly increase in price. This primarily applies to Ethereum.

37
The Russian economy continues to be increasingly strangled by the sanctions placed against it. The sanctions are working, imports are decreasing, international partners are departing, and unemployment is rising despite the Kremlin's constant attempts to downplay anything negative.

That is why, and also due to the fact that many far-sighted Russians are leaving Russia, or simply withdrawing their money abroad, the Kremlin will prohibit the use of cryptocurrency so as not to facilitate further capital flight from the country.

Over the past year, the Russian occupiers cannot boast of any achievements in capturing Ukraine, although they are sending more and more forces mobilized to this war to the front. Having, according to Putin, about 417 thousand soldiers at the front in Ukraine, they do not have any significant successes, despite the fact that every day they lose over a thousand people killed and have already lost over 350 thousand.

38
Cryptocurrency discussions / Re: Coinbase blocks 25,000 Russian addresses
« on: December 22, 2023, 12:02:59 PM »
If desired, it is easy to do. It is a pity that politics breaks into the cryptocurrency space as well.
Cryptocurrency cannot exist in states and not be influenced by the state and its policies. Otherwise, cryptocurrency would be immediately banned. This is especially true for finances. Money has always been in the exclusive sphere of influence of each state. Therefore, it is not surprising that cryptocurrency exchanges and other structures related to cryptocurrency invariably fall under the influence of authorized government bodies. This is not to say that this is completely bad for cryptocurrency.

39
Cryptocurrency discussions / Re: Is CBDC RUB in the Russian joke too?!
« on: December 22, 2023, 10:19:56 AM »
If the Digital Ruble is realized, then it will be good news for the future of crypto, as we know that several countries that are members of the BRICS such as China have developed Digital Yuan, this allows the use of crypto in the future, although currently some countries prohibit the use of crypto, but I'm sure the country that created the CBDC system will accept crypto in the future
This topic was created in 2020. In a few days it will be 2024. But I don’t see any success in Russia in creating its own CBDC.
Putin's Russia is now busy conquering neighboring states and has no time for such trifles. Having attacked Ukraine, Russia now has many of its own unresolved problems, which are generally related to the survival of Russia as a state. In my opinion, she no longer cares about the digital ruble here.

40
I don't think it's easy to sideline the USD with Asian Yuan. Whom they will ask to use Asian Yuan I know with most countries they have border issues and we all know they are dominating all of them with their power so it is only possible when they will have a good relationship with other Asian countries and their neighbors. The majority of the countries will keep using USD.
Under the pretext of liberation from the dependence of the dollar, China is simply imposing its yuan. But how will the yuan be better than the dollar? The US with its dollar is more of a democracy than China. And strengthening the financial and economic stability of a communist authoritarian state is not the best idea. Therefore, I personally would not want to use RMB instead of dollars.

41
I personally do not believe that Russia will ban cryptocurrencies since there are large investors and that perhaps it is the only way to circumvent the financial sanctions imposed by Europe, indeed I believe that it(Russia) will favor the exchange and trade of altcoins
Due to the military invasion of Ukraine and the imposed international sanctions, Russia is deprived of the opportunity to fully use dollars, euros, pound, and yen. This forced it to use more Chinese yuan and Indian rupees, as trade turnover increased in Russia with these countries. However, the liquidity of yuan and rupees turned out to be small and Russia now does not know what to do with them, since other states do not want to take them. At the same time, due to the war and sanctions, the demand for the Russian ruble also fell.

Russia could and would begin to use cryptocurrency in global trade, but this would require trading partners to also want it. But cryptocurrency is characterized by high price volatility and this prevents its use by states.

Russia's economic situation is now deteriorating at a rapid pace. Therefore, the Kremlin is interested in ensuring that capital does not leave the country. But if they allow free use of cryptocurrency there, the outflow of currency from Russia will increase. For this reason, it is unlikely that cryptocurrencies will be legalized in Russia.

42
Cryptocurrency discussions / Re: Can dollar be replaced?
« on: December 21, 2023, 05:50:39 AM »
Theoretically, it is possible to replace the dollar as the world reserve currency with another currency. However, for this it is necessary that a significant majority of states want this and accept it as such, that is, in their international payments with other states they pay in a different currency. And for this it is necessary that the economy of this state be stable and the liquidity of the currency be high. I don’t yet see the prerequisites for switching from the dollar to another world currency. The desire of some states to move away from using the dollar is more due to political reasons.

43
I don't think that the special operation has greatly affected the cryptocurrency market. Rather, this is due to an increase in rates on the stock market
Under the term “special operation in Ukraine,” the Putin regime is covering up from its citizens the most common and brutal full-scale war of conquest, the purpose of which is the destruction of Ukraine as a state and Ukrainians as a nation. This has always been called a war. But Putin is used to constantly lying and calling things and events different No special operation can last almost two years and incur losses for the Russians of 350 thousand military personnel, more than 5,800 tanks, about 10,800 armored vehicles, over 8,200 artillery systems, 928 MLRS, 324 aircraft, and so on.

As for cryptocurrency, any significant event at the state level, and even more so several states, especially if such events affect the financial sector, will and do influence the cryptocurrency market. The only difference is the volume of such influence.



44
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45
The cryptocurrency market is slowly recovering. But the current situation is more like just normal price fluctuations. We are still a long way from the altcoin season. Even, most likely, it will only be after the Bitcoin halving in 2024.

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