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RE: Crackdown on Cryptocurrency Quietly Passes in Russia Sanctions Bill

in #bitcoin7 years ago

I don't think they can do a damn thing about it, sure they can make it harder to buy online, but they won't succeed, people are trading their fake paper for crypto and then trading that for either silver or gold, or just holding on to it in an offline wallet that nobody can access, so who cares what they try to do, people are sick and tired of being played by the governments bullshit paper dollars, now that they are trading them in for crypto, it's killing the fiat currency, good....

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I agree to the extent they'll impose more regulations on the exchanges to impede buys/sells & transfers over IPs under sanction. But they know as well those roadblocks can be skirted.

However, in this age of complete totalitarian monitoring of all worldwide data flow, and our own intelligence agencies' demonstrations of the tools they can inject to spy on any & all they so choose, this only suggests to me that the government will use any "false flag" scenario such as this "Russian Election hack" as the means to expand their budget and staffing to wage full scale war on non-governmental approved financial transactions. The harder they make it, the harder it'll become for free-minded citizens of the world to use it.

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