Russia’s Presidential Advisor Dismisses Bitcoin as “Fiction”
Known for his outspoken and firm stance against bitcoin and cryptocurrencies, German Klimenko, Russian President Putin’s newly appointed counselor and advisor on the internet has now called the cryptocurrency an Internet meme that went viral. He further dismissed the acceptance of the cryptocurrency in other parts of the world as “fiction”, claiming that the bitcoin is illegal everywhere in the world. The anti-Bitcoin stand taken by several Russian officials, most notably the Russian Finance Ministry has been reported several times in the past on CCN. A new ‘Bitcoin Ban’ bill is gearing to....
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As the world’s largest country is getting ready to introduce penalties for using Bitcoin, Russian presidential advisor, German Klimenko, has once again lashed out against cryptocurrency calling its legality in several countries “fiction.” Klimenko spoke to Russian News Service Rusnovosti in response to a question regarding Duma (Russia’s parliament)....
Klimenko went even one step further, and openly referred to the Bitcoin legislation in other countries as “figments of imagination”. In fact, according to him, Bitcoin is nothing more than an Internet joke, and even a virus that needs to be abolished sooner rather than later. Russian government officials want to exert complete control over the Internet in the country, Although that will be quite the challenge, there are plans in motion to make the usage of currencies not issued by the central bank punishable by law, and the Russian watchdog has blocked access to various Bitcoin sites in....
Russian president Vladimir Putin’s business advisor has said the country should “become the world leader in the Blockchain space.” Putin’s Advisor: ‘Time to Ban Bans’. Speaking to news resource Znak, Boris Titov, who also leads the rival, supposedly Kremlin-allied Party of Growth, advocated Bitcoin’s underlying blockchain technology as Russia’s gateway....
FairDebates.com, a project dedicated to changing the U. S. Presidential debates, is now accepting bitcoin as an option for contributing to the organization's efforts to force the Commission on Presidential Debates to include independent candidates. FairDebates.com has launched a petition and is allowing supporters to contribute using bitcoin. "With thousands of liberty-minded supporters, Fair Debates is a natural fit with bitcoin," said Ron Nielson, FairDebates.com senior advisor. "Over the past several months, increasing numbers of those supporters have expressed interest in contributing....
Chris Larsen, chief executive of prominent Fintech startup Ripple has, in the lead-in to the upcoming U.S. presidential elections, called for the next president to appoint a Fintech advisor. The polling stations for the upcoming U.S. elections are now weeks away from opening to appoint the next U.S. president. Until now, there has been little or no talk of Fintech innovation as policy talk and that isn’t likely to change in the coming weeks. With this in mind, Ripple executive Chris Larsen, the CEO of a startup that is arguably among the most prominent and certainly well-funded Fintech....