BLXN Posted July 29, 2019 #1 Posted July 29, 2019 Soyuzmash, a body of Russian military and civilian vehicle makers wants the country’s Central Bank to grant it permission to accept cryptocurrency payments in international arms deals – as an attempt to circumvent sanctions. Soyuzmash’s proposal has the backing of the parliament’s defense commission. The Central Bank remains guarded in its stance on cryptocurrencies, and its chief, Elvira Nabiullina is a known skeptic on all things cryptocurrency-related. Media outlet Finanz.Ru quotes Soyuzmash vice president Vladimir Gutenev as stating that he had “personally discussed” the cryptocurrency proposal with Nabiullina. The media outlet states that Soyuzmash would like to offer potential international arms buyers the chance to pay for weapons and military equipment using popular cryptocurrencies like bitcoin (BTC) – but is prepared to consider other blockchain-powered alternatives if the Central Bank prefers. Gutenev stated that “stablecoins, particularly those underpinned by valuable materials like gold” could be a feasible alternative to BTC payments. ______ Fascinating to see how this changes the global political dynamic. Often sanctions have been imposed on countries to weaken their position globally, and the wither their finances and resources from within. With the ability to convert resources into cryptocurrency a new avenue of global arms dealing has opened up. With the FBI being one of the biggest Whales in the world- you have to wonder what dirty deals have been conducted by either side, and for what. =D
Enzo Posted July 29, 2019 #2 Posted July 29, 2019 This would be quite the interesting development. I wouldn't expect it to be allowed tbh. Unless Russia is more for crypto then I last knew. I think it would be quite dangerous also as it would allow criminals to obtain weapons VERY easily because of how anonymous crypto can be.
BLXN Posted July 30, 2019 Author #3 Posted July 30, 2019 On 7/28/2019 at 11:32 PM, Enzo said: This would be quite the interesting development. I wouldn't expect it to be allowed tbh. Unless Russia is more for crypto then I last knew. I think it would be quite dangerous also as it would allow criminals to obtain weapons VERY easily because of how anonymous crypto can be. I don't know about that-- governments tend to be involved in everything that they forbid their citizens from participating in -- I wouldn't even begin to list examples for the list is too long Cryptocurrency is the arms race's wet dream. lol. How many scientists for development of prototypes etc could be on payroll through any number of cryptos?
williamshennie9 Posted August 2, 2019 #4 Posted August 2, 2019 Well surely if they sell sell these types of weapons with bitcoins or other crypto, then the money can't be traced? I would think that is a bad thing, especially for criminals who don't want to be tracked.
rerosalind Posted August 3, 2019 #5 Posted August 3, 2019 Previously, governments feared that Bitcoin would be used as a black market payment form and used to buy weapons. But now the Russian government is selling weapons in exchange for Bitcoin. This is a funny story
cryptofly Posted August 3, 2019 #6 Posted August 3, 2019 It is only the beginning; sadly we are talking here about arms but the important part is that "they" are giving bitcoin the same importance than fiat money which is very interesting in order to create confidence inside international markets. It is very common to see only "bad" news around the ecosystem, where kidnappers or robbers are asking for cryptocurrencies in a way of payments. This only means that bitcoin (and any other crypto coins) are getting same importance than money. Journals never writes about how many honest and decent business are accepting cryptos (with an important growth), they only release news to sell, which are those related to bad behaviors. Sadly that is the truth, but in the near future I am sure, news about increasing business accepting bitcoin will come. My opinion. Good luck.
Shaniqua Posted August 3, 2019 #7 Posted August 3, 2019 On 7/28/2019 at 8:32 PM, Enzo said: This would be quite the interesting development. I wouldn't expect it to be allowed tbh. Unless Russia is more for crypto then I last knew. I think it would be quite dangerous also as it would allow criminals to obtain weapons VERY easily because of how anonymous crypto can be. i thought russia was okay with crypto, i mean as long as the purchase is done the same way they would do with any other online purchase, but instead of credit card to use crypto, i dont see why they would have a problem letting it happen
wry Posted August 4, 2019 #8 Posted August 4, 2019 The USA under Trump has effectively "weaponized" the US dollar. By restricting countries from accessing the USD and by extension the global banking network the USA can exert much more economic influence via sanctions than ever before. Of course, this also creates a huge incentive for countries to try and find a way to break free of the USD and the existing financial network. However, it is hard, the EU could not do it to save the Iran Nuclear deal. Bitcoin is a way to help get around this. After all, a big advantage of Bitcoin is that it is a censorship resistant network. So it can work for firms in nations that are under US sanctions. It's not accident that Iran is also now encouraging Bitcoin mining. So three cheers for the Russians. Maybe I'll see if I can buy an AK-47 from them! (Just kidding.)
Enzo Posted August 4, 2019 #9 Posted August 4, 2019 9 hours ago, wry said: The USA under Trump has effectively "weaponized" the US dollar. By restricting countries from accessing the USD and by extension the global banking network the USA can exert much more economic influence via sanctions than ever before. Of course, this also creates a huge incentive for countries to try and find a way to break free of the USD and the existing financial network. However, it is hard, the EU could not do it to save the Iran Nuclear deal. Bitcoin is a way to help get around this. After all, a big advantage of Bitcoin is that it is a censorship resistant network. So it can work for firms in nations that are under US sanctions. It's not accident that Iran is also now encouraging Bitcoin mining. So three cheers for the Russians. Maybe I'll see if I can buy an AK-47 from them! (Just kidding.) That is just what Trump would do. I agree that Bitcoin is a great way to get around it. Bitcoin is private for the most part and I love that countries/big corporations are getting into crypto because it's just what the currency needs.
BLXN Posted August 4, 2019 Author #10 Posted August 4, 2019 8 minutes ago, Enzo said: That is just what Trump would do. I agree that Bitcoin is a great way to get around it. Bitcoin is private for the most part and I love that countries/big corporations are getting into crypto because it's just what the currency needs. Trump actually has about as much say in the way that the USA is run as the citi-slaves. He's a figurehead for a vast corporation that represents itself through smaller conglomerates. Ford employees do not elect the next Ford president. hopefully not another Gerald Ford though, guys, eh? Heh. 9 hours ago, wry said: The USA under Trump has effectively "weaponized" the US dollar. By restricting countries from accessing the USD and by extension the global banking network the USA can exert much more economic influence via sanctions than ever before. Of course, this also creates a huge incentive for countries to try and find a way to break free of the USD and the existing financial network. However, it is hard, the EU could not do it to save the Iran Nuclear deal. Bitcoin is a way to help get around this. After all, a big advantage of Bitcoin is that it is a censorship resistant network. So it can work for firms in nations that are under US sanctions. It's not accident that Iran is also now encouraging Bitcoin mining. So three cheers for the Russians. Maybe I'll see if I can buy an AK-47 from them! (Just kidding.) I mean, sure, but each Commander-in-Thief has done their part to bring about this new era of warfare. Bitcoin wouldn't be the first choice as far as anonymity goes, but maybe they can use Shapeshift or something x) Hell yeah. When you absolutely positively have to kill every motherfucker in the room: accept no substitutes.
Danifilth Posted August 7, 2019 #11 Posted August 7, 2019 All this information is a hoax, just in order to embroil the state and attract attention, it’s for sure and everything can be seen right through.None of the national currencies is provided with anything but authority and military power or the history of its functioning.The central bank did not support cryptocurrency even during its rapid growth in 2017. Then the department noted that digital assets cannot be payment instruments, since so far their entire financial system resembles a pyramid.
bmg Posted August 7, 2019 #12 Posted August 7, 2019 On 8/3/2019 at 5:25 PM, wry said: The USA under Trump has effectively "w eaponized" the US dollar. By restricting countries from accessing the USD and by extension the global banking network the USA can exert much more economic influence via sanctions than ever before. Of course, this also creates a huge incentive for countries to try and find a way to break free of the USD and the existing financial network. However, it is hard, the EU could not do it to save the Iran Nuclear deal. Bitcoin is a way to help get around this. After all, a big advantage of Bitcoin is that it is a censorship resistant network. So it can work for firms in nations that are under US sanctions. It's not accident that Iran is also now encouraging Bitcoin mining. So three cheers for the Russians. Maybe I'll see if I can buy an AK-47 from them! (Just kidding.) Lol @wryi was thinking the same but i want my AK-47 in hot pink.
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