The crypto ruble is coming! Russia will produce its own crypto money

in #cryptocurrency7 years ago

Russian Communications Minister Nikolay Nikiforov said Russian President Vladimir Putin gave a crypto money, in other words a crypto ruble development order, for the country at a closed meeting. Russia will thus be the first country to develop official crypto money.

Russian Communications Minister Nikolay Nikiforov announced that they had instructed them to develop crypto money at a closed meeting in Moscow.

This decision came after Putin ordered the Central Bank to form an 'unnecessary barrier' on crypto money last week.

I am confident that Nikiforov, "CryptoRuble" or "Crypto Ruble" will only be able to operate for a simple reason, because if we do not do this, our neighbors in the Eurasian Economic Community will do it two months later.

Nikiforov stated that the development of the crypto ruble will not take much time either.

Russia will also be the first country to issue its official crypto money.
The money to be used with state control to prevent fraud on the internet will be arranged and monitored by the state.

Crypto Ruble can be replaced with real ruble at any time. If the user can not disclose the source of the Crypto Ruble that owns it, the 13 percent tax on the money will be charged.

In Russia, there have been attempts to develop crypto money in cooperation with the government. The Russian Innovative Technological Research Institute of Russia has developed RuCoin, an empirical experiment initiated by Satoshi Nakamoto in 2008, which is similar to any central bank, unrelated to the official organization Bitcoin. The development of RuCoin, which is already involved in international trading platforms, attracted more than $ 200,000 in investment.

Nikiforov also added that other crypto-currency mining will be banned following the removal of the crypto ruble.

On the other hand, Russian Deputy Minister for Economic Development Oleg Fomicev said the crypto ruble will only go into international markets, indicating that circulation in domestic markets is meaningless.

Follow Me : @rtonline

Sort:  

if they make pre-sales, maybe can be bought it :)

Good news. I will follow this coin.

The @OriginalWorks bot has determined this post by @rtonline to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!

For more information, Click Here!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!

Thanks for the great article! @rtonline

Start buy:)

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by ramt from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

This post has been ranked within the top 80 most undervalued posts in the second half of Oct 17. We estimate that this post is undervalued by $16.12 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Oct 17 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

Putin is king!

Coin Marketplace

STEEM 0.20
TRX 0.25
JST 0.038
BTC 98087.08
ETH 3474.73
USDT 1.00
SBD 3.09