"I miss the Soviet Union, at least they respected the personal and
   social freedom (but, yes, I know Stalin was a lunatic). "
   I hope you don't really believe that.

   On 2 August 2014 17:11, Fernando Paladini <[1]fnpaladini@gmail.com>
   wrote:

   But when they say "criminal penalty for mining and other operation",
   what they mean? I say, how can Russia know who are using Bitcoin, how
   can Russia know who are trading or mining Bitcoin?
   I think this image can describe the idea I want pass:
   [2]http://news.insidebitcoins.com/sites/default/files/government-bannin
   g-bitcoin.jpg
   Am I wrong about that?
   I miss the Soviet Union, at least they respected the personal and
   social freedom (but, yes, I know Stalin was a lunatic).
   2014-08-01 20:29 GMT-03:00 Troy Benjegerdes <[3]hozer@hozed.org>:

   On Fri, Aug 01, 2014 at 08:10:55PM +0000, Anton Nesterov wrote:
   > Ministry of Finance of Russia drafted a bill to ban cryptocurrencies
   > with administrative or criminal penalty for mining and other
   operation.
   > Also they want to censor bitcoin-related websites.
   >
   > This will come into force in 2015.
   >
   > [4]http://top.rbc.ru/economics/01/08/2014/940521.shtml (in Russian)

     I don't know anything about russian politics, but US politicians
     draft
     idiotic rules/legislation all the time that get dramatically
     changed.
     (exhibit a:
     [5]http://blogs.wsj.com/moneybeat/2014/07/17/ny-financial-regulator-
     releases-draft-of-bitlicense-for-bitcoin-businesses/
     )
     If Russia wishes to exclude themselves from the world economy, that
     is their
     choice, but I suspect their oligarchs will still want to hide money
     in New York
     [6]http://nymag.com/news/features/foreigners-hiding-money-new-york-r
     eal-estate-2014-6/
     and they'll have to get a Bitlicense to properly launder the
     transaction.
     My prediction is that Bitlicense will evolve into being the much
     vaunted
     'anonymous digital cash', and you'll just need to pay the proper
     protection fee
     to the state of New York or they will get a bank to hold your funds
     for ransom
     like they are doing to Argentina's on-time debt payments.
     I also fully expect other states and nations will get into the
     licensed cryptocoin
     protection racket in ways that reflect their local culture and
     values.
     Don't mess with flyover land if you want to get insurance.
     [7]http://www.desmoinesregister.com/story/tech/2014/05/16/des-moines
     -area-insurers-create-startups-haven-technology-iowa-innovation/9160
     921/

   --
   Fernando Paladini

   --
   Pozdrawiam,
   Paweł Zegartowski

References

   1. mailto:fnpaladini@gmail.com
   2. http://news.insidebitcoins.com/sites/default/files/government-banning-bitcoin.jpg
   3. mailto:hozer@hozed.org
   4. http://top.rbc.ru/economics/01/08/2014/940521.shtml
   5. http://blogs.wsj.com/moneybeat/2014/07/17/ny-financial-regulator-releases-draft-of-bitlicense-for-bitcoin-businesses/
   6. http://nymag.com/news/features/foreigners-hiding-money-new-york-real-estate-2014-6/
   7. http://www.desmoinesregister.com/story/tech/2014/05/16/des-moines-area-insurers-create-startups-haven-technology-iowa-innovation/9160921/