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Russia Bans Bitcoin

mask.of.sanity writes "Russia has banned digital currency Bitcoin under existing laws and dubbed use of the crypto-currency as 'suspicious'. The Central Bank of Russia considers Bitcoin as a form of 'money substitute' or 'money surrogate' (statement in Russian) which is restricted under Russian law. However, unlike use of restricted foreign currencies, Bitcoin has been outright banned. The US Library of Congress has issued a report examining the regulatory approaches national financial authorities have taken to the currency."

4 of 207 comments (clear)

  1. Re:I love the new Beta! by PGC · · Score: 0, Offtopic

    In Soviet Russia, Beta fucks you.

    --
    The Dutch will inherit the earth. If not, we'll settle for a bit of ocean. Beta delenda est!
  2. Re:Which, of course, really means... by coinreturn · · Score: 1, Offtopic

    ...if they catch you running an illegal operation using Bitcoins, the necessary bribe to the authorities just got bigger.

    And be sure to pay it with bitcoin.

  3. Movin on Down (with DIcE)! Beta Sucks. by LoRdTAW · · Score: 0, Offtopic

    The new site is not "movin on up". It's more like movin on down, a step backwards. /. aint broke so dont fix it.

    Dice, I am protesting the beta site. I will not follow any links from a beta redirect and I will not participate in any meaningful discussion.

    You speak of a wider audience, who is this wider audience? Oh, I get it. You aren't satisfied with 3+ million registered users and now you need to attract the clueless likes of the Popular Science crowd.

    Judging by how badly your idiot design team mangled (putting it lightly) the comment section, you are COMPLETELY CLUELESS of what Slashdot really is. Its not a news site and we aren't an audience. Its a community driven site in which users submit content and we can discuss it gaining insight, expressing opinions or have a good laugh. The comments are why we come here. The main page is also an ugly mess. Many of us are mature adults with a professions, some of us are students and everything in between. But one this is for certain: we like text. We don't need pictures or videos or other useless web 2.0/HTML5/Social glitz. Just give us links to the content. That is why I am a daily /. user, its simple and to the point. This isn't twitter, Digg or Facebook, we come here to get away from that. You will lose more members than you will ever hope to attract with your new and unimproved design. Please abandon your attempts to cash in on /.

    Fellow /.'ers, join me in this protest. Do not post a comment related to an article or click any links. Instead, post a comment in protest of the beta design. Mods (who wish to participate in the protest): Mod up protest comments comments only. Do not mod down on-topic comments as it isn't fair to the poster.

  4. Buggy by tom229 · · Score: 1, Offtopic

    It's not bad, but it's buggy. I'm using it on my phone right now and every time I try to mod you up it sends me to the home page. It also seems to only load the comments successfully about half the time.

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    If it ain't broke, don't fix it.