1 Ruble of the USSR = 1 US dollar + 2 ice creams on 18 kopeks on delivery.
Lately I often meet posters with an inscription; that for one Soviet ruble it was possible to buy one dollar and two ice cream on delivery, on 18 kopeks.
All this so! But only partially. I would like to dispel this myth and to remind everything that this transaction of the legislation of the USSR couldn't be turned.
In the Soviet Union in the criminal code there was article of 1960 "Violation of the rules of currency transactions". This article meant pretty severe punishment for speculation in currency. Yes, for one Soviet ruble of a sample of 1961 - 1991, it was possible to buy one dollar. But on delivery you received not ice cream, but imprisonment term from 3rd to 15 years. At the same time, have seized all property from you. And at speculation in especially large sizes the reference from 15 years has been provided to you, up to the death penalty. This article worked in all republics of the USSR.
It was possible to exchange rubles for dollars only in that case; if you went abroad, or in the USA, and that is it had to be coordinated at the level of the local government of the White House. Or it would be considered as currency speculation.
Here so appreciated US dollar in the USSR.
Ahhhh so the Soviet Ruble may have been stronger than the US dollar, but it was illegal to trade them! yes? or trade them for speculation?
One day the Ruble will start going back up in value and the Oil price will not matter
I believe the ruble can be backed by Golos and Gold and this will actually work golos.io/@ackza i am trying to get started on golos and i believe Golos will be one of the largest employs of russian people in the future, they will use it like VK expect they will use it much more than VK because VK does not pay you!
Also the Golos crypto currency will allow average Russians to make money from foreigners by getting investment of bitcoin in Golos and building up the Russian Blockchain! Russian government will see all the good Golos is doing and even russian officials will start buying up Golos power!
Golos will become very valuable for the russian government as an asset.... It will be useful to use Golos as a form of online banking, a way for russians to send and receive money online and with a few nice contracts with some russian banks we could even see direct link from Golos/GBG to Bank Account, with no need for even Bitcoin! This will make it even easier for russians to spend or buy golos!