/biz/ - Business & Finance

>>19305212
coming to a jurisdiction near you soon

>>19305222
checked
adding the sentiment this is not stopping before 1k

BULLISH AND PRICED IN
(((THEY))) ARE AFRAID
HOOOOOOOOOOOOOOOOODL THE LINE BTCMARINES

>>19305237
nobody gives a fuck anymore, crypto has been dead for years now and it si never coming back from the dead

The only hting it managed to do during its short and pathetic existence, apart from lining the pockets of a few scammers, is to pave way for CBDCs and the wet dream of all politicians - the cashless society. Thanks very much bitcoin for playing the useful idiot to make the masses swallow the pill. 1984 - here we come!

>>19305212
https://news.bitcoin.com/russia-law-criminalizes-buying-bitcoin-7-years-jail/
bullish for privacy coins

>>19305212
>Cash
So they can still buy from their bank account?

Realistically who here will still hold and buy bitcoin if you could go to ass fuck prison for years if you get caught?

>>19305314
a bank account is a cash account...
>individuals may face up to seven years in prison and fines of up to $7,000 for using BTC in financial transactions.
>People will also be penalized for buying crypto with cash or transferring to accounts opened with Russian banks.

>>19305314

>>19305343
>Bitcoin
They can still buy any other coin, what's the big deal?

>>19305314
the absolute state

>>19305212
It's only Bitcoin though. If you don't realize what's happening yet, you don't deserve to make it. China already said Ethereum is legal property. They don't want their people buying a scam coin. Russia is no different. Take a look at grayscale recently. No one with actual money (or a brain) wants btc.

Bullish as fuck. They try to fight it, with more banning it will get even more valuable

>>19305400
>>19305430
it's all sorts of cryptocurrencies... can you even read?

>>19305430
Imagine Russians looking through which coins to buy and seeing one by a dude named Sergey Nazarov. Bullish af

>>19305455

>>19305487
read >>19305343

So much for me retiring on my staking income with a Siberian cutie...

So basically only go through an exchange so they can tax You. Big deal. This is FUD as fuckin usual. You people are insufferably thick hey.

>>19305511
If dubs again I will need to stay in Germany

>>19305268
You don’t understand crypto

>>19305528
riiiiiiight, random dickwad on a fucking mongolian hairy pony raring forum is going to give me lessons

alos, no need to post pictures of yourself, though goods to know it is pretty close to what I imagined you looked like

>activate Russia FUD

>>19305268
Bitcoin is an enigma. The more governments try to destroy it, the weaker they become and the more they teeter on the brink of collapse. Fight it at your own peril for it will make a fool out of you as an underground network of hackers expose all your secrets and drive you to the brink of insanity.

Seriously it's a PROPOSED bill you idiots. I could propose a bill that said all BTC holders need to tattoo a cock on their forehead and some faggot journalist would pick it up. Doesn't mean it's going to be approved.

>>19305212
When china banned btc it mooned to 8k, you are clueless. I feel old, fuck.

>>19305608
no enigma, more like an enema

all it takes is to de-platform exchanges - cut off their bank accounts acces and crypto is done. Couple that with the ban on cash to crypto to cash transactions and all your fabled BTC is good for is a collector's item. Things are going to start happening this year, there is no way the big boys will let someone ake over their centuries old racket. Crypto as we know it today is fucked in ways you cannot yet imagine.

>>19305653
oh no my shithole country banned btc, if only there was a way to transfer a huge amount of money out of said shithole so I can painlessly relocate

>>19305653
Who do you think is going to herd all the cats needed to make that happen? They aren’t going to be able to ban cash either. Criminals/politicians use all these same tools for their own corrupt practices. No one wants full transparent system without corruption, especially not politicians.

>>19305268
cringe

>>19305704
indeed you are

>>19305712
it gets worse and worse, jst neck yourself

>>19305212
HOW IS THIS A SELL SIGNAL MOTHER OF OUR LORD O SWEET MARY THE STATE OF THIS BOARD

>>19305653
Thats why there is t a billion $ black market...oh wait. Outlawing something makes it even more valuable.

>>19305702
cash is already being phased out everywhere - it is already impossible to make large cash withdrawals or deposits without going through a cavity search type of checks first. It is also impossible to pay large sums of cash or accepts large cash sums over a certain threshhold if you are a business, i.e. go try to buy a 100k car with cash a see what happens. These already existing limits will get tigher and tighter until cash is gone forever.

Criminals and politicians are the same thing, and who controls the politicians - you've guessed right, bankers. If you fucking own the banks and have the policy makers in your pocket, who is going to be checking your transparency?

As I've said, things are already in motion, crypto will be swatted away like an annoying gnat when it gets too bothersome.

>>19305716
it does, the projection is painful to see

if you have nothing more intelligent to add I suggest you take your own advice

>>19305765
Well I guess it’s the politicians, criminals and people vs. the bankers then. Should be interesting.

You guys want bitcoin to go down so bad kek. It's going to 50k+ and no amount of mental bargaining is going to stop it.

is this only for rubles?

>>19306000
BTC is fucking worthless wake the fuck up CoreCuck

>>19305314
>So they can still buy from their bank account?

>>19306092
>9k dollaridingos a piece
>worthless
Deluded

>>19306092
How much of your preferred thing can 1btc buy?

>>19305212
>Assuming Russians won't ask their employers to pay them in satoshis

>>19305212
It's proposed by deputies with no real politicians backing it it. If it was they would be clamoring to put their name to it and it would be rubber stamped immediately. Learn how shit works.

>>19305608
its not much good if every legal business is banned from accepting it as payment though is it

>>19306125
are you retarded or something?
absolute fucking idiot

>>19305268
Based Szabo authored this post to distract TPTB.

>>19305653
>>19305588

>I KNOW EVERYTHING ABOUT EVERYTHING IM A BIG DEAL AROUND HERE BOYZ
>RIGHT THATS IT TIME TO SCHOOL /BIZ/ USING SCARY IDEAS

>>19305777
You’ve added literally nothing to this post other than explaining how Scary and serious THE UPCOMING HAPPENING is without providing a single Shred of evidence
>Trust me. I am in the know
Pic related you

Literally being this new of a fag or intelectually dishonest of a bear

>>19305212
>First they ignore you, then they laugh at you, then they fight you, then you lose.
what happened to gandhi

>>19305653
there are two problems with that idea 1) bitcoin is not a threat to governments libra is. 2) you can't make a decent argument against bitcoin while letting gold and other commodities trade freely.

a lawless shithole like russia can, but not in the west.

>>19305212
>Russia
It's fucking nothing. Russia is irrelevant economically.

>>19307947
irrelevant against the whole nato but they are the same size as germany alone.

>>19305212
>MUH '13 FUD
They aren't even banning BTC, just cash purchases. An actually nothing burger, this isn't '11 anymore. ppl don't buy cash.

>>19307991
so basically it's mandatory kyc?

>>19305328
I would in Minecraft

>>19307994
This is a long time coming. That's just one example
https://www.fatf-gafi.org/countries/#FATF

let's be honest regulation brings money & trust. The amount of fiat on ramps is crazy now & its getting better & better. Those fiat on ramps come with further regulation. Remember crypto is still the currency for drug dealers & terrorist. FB couldn't get any banks to work with their wholy FB owned crypto subsidiary.

There will always be ways to clean or buy clean crypto.

I'm fairly certain private gold ownership is still a criminal offense in Russia, so this is not surprising.

>>19308148
yeah altho gold would be utterly impractical as a source of funding for foreign intelligence assets for example. crypto is more of a threat to shitholes like russia.

>>19305314
Based retard

>>19305212
>am russian
>bought BTC in early may (with debit and with call confirmation because the bank blocked the transaction)
What do?

>>19308334
my first advice is you leave that country because you will never be free otherwise. if you can't because of family then god have mercy on your soul if any left.

>>19308478
Thanks for just-ing me anon, I was on the fence on whether to stay or leave but you set me straight!
>mercy on your soul if any left
Now that's just mean.

>>19305609
afaik any proposed bill against globalism or capitalism is pretty much greenlit. They might change up the details and prohibit even more. Chances of bill getting rejected is 0. Gov can't profit from crypto right now

>>19308334
just cash out before the law takes effect

>>19305212
But i thought putin was based? Did he turn out to be a jew just like the rest?

>>19308334
Call you're buddy Kalashnikov

>>19308334
Use btc to buy gold, exchange gold for cash. You'll lose some money doing this but it's better than nothing.

Russia is a third world country, and wealthy Russians have left the country long ago. it doesn't change anything anyway

lol just buy some other coin first if only bitcoin is band

>>19305212
kek
$8k today

>>19308009
You can do this? That’s cool af

>>19308673
Yeah GTFO of russia

>>19305212
Proposed, not passed.
Ruski’s are ok so long as the law doesn’t get enacted.
You guys over there better be begging God not to make your situation any worse for the next few days.

>>19308334
>>19310204
Pray until more news.

>>19307961
Their economy is the same size as Spain's, not even close to Germany.