Russia Embracing Bitcoin Challenges World

Russia Embracing Bitcoin Challenges World

On February 15, the Russian Ministry of Financial Improvement signaled a bullish improvement round Bitcoin; lowered prices for bitcoin miners. However what can we make of this?

First the apparent: sure it’s bullish. The Russian Ministry is reportedly contemplating “power tariffs” for bitcoin (and different cryptocurrency) miners, in addition to taxing cryptocurrency-to-ruble conversions — so long as stated amenities are constructed specifically areas (you don’t need bitcoin miners simply popping up anyplace, not that they function on this method, anyway).

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