The Russian Black Bag
While Putin reaps a whirlwind, ordinary Russians look to bitcoin to try to weather the storm.This article originally appeared in Bitcoin Magazine's "Censorship Resistant Issue." To get a copy, visit our store. If the world around you collapsed overnight, it’s easy to imagine you would have a plan. Many people would pack their bags and get on the next flight out to start a new life somewhere better. But when society breaks down slowly, it is harder to know when it's time to go. Sure, the shelves are bare now, but it’s only because of the panic buying. The government may have passed laws....
Related News
Responding to events in Ukraine and Crimea, the Obama administration has barred certain prominent Russians from entry to the U. S. and sanctioned company and private fortunes. Yesterday, the heads of major Russian oil and energy companies, Rosneft and Gazprom, were both sanctioned. It appears even the rumored private fortune of President Putin may be pursued if the political situation deteriorates. In 2007, the CIA and Russian political expert, Stanislav Belkovsky, claimed Putin's worth exceeds $40bn. In 2012, Mr. Putin declared his income as $115k and his bank account at $180k. Quite....
Bitcoin can surely turn your Black Friday's shopping experience into an interesting "bargain hunting" adventure. In the USA, Black Friday is a term used to describe the day following Thanksgiving, and it flags the beginning of the Christmas shopping season, especially that most US merchants offer special discounts for their customers on that day. Bitcoin Black Friday is a special website that gets together all merchants accepting bitcoin payments on Black Friday. It is totally free to list your product on Bitcoinblackfriday.com, if you accept bitcoin payments, and get the chance to meet....
Bitcoin Black Friday has become a household name to Bitcoiners around the world, even those that don't celebrate Thanksgiving, the reason for Black Friday's commercial existence. Over the past year, larger and larger merchants have started experimenting with holding the bitcoins that they receive, or offering bitcoin discounts or even bitcoin-only deals. This year's Bitcoin Black Friday is likely to set a new standard for Bitcoin-only deals. Also read: The Future of Everyday Life with Digital Currencies. BitPay Reminds Bitcoin Merchants to Participate In Bitcoin Black Friday. Earlier this....
Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian Duma Passes Law to Tax Crypto Transactions A bill amending the Tax Code of the Russian Federation to allow the authorities in Moscow to tax operations with digital financial assets (DFAs) has been approved on second, third, and final reading in the State Duma, the lower house of Russian parliament. The....
Today marks the 33rd anniversary of the Black Monday on Wall Street that sent stocks setting historic records for intraday declines. Although this year already had a similar day of its own, there’s reason to believe that another collapse could happen in Bitcoin. Here are the primary factors behind what could cause the crypto market to drop on the ominous anniversary. Will Bitcoin Bow To Black Monday Anniversary? Black Thursday is a day that crypto […]