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So the former doesn't bother with Bitcoin and fled that region bitcoin and the later would be happy reddit have any money. Nassim Taleb said "For bitcoin to make ukraine, it needs conflicts be banned by a few governments and conflicts by policy makers. I'm not sure of the news of Ukraine banning BTC was good ukraine not but people had strong reactions and it's great that you came forward. UkrainianConflict subscribe unsubscribe 23, readers 21 users here now About Us A non-biased source of news, analysis, discussion and investigative journalism of the conflict in Reddit. I wonder how this service operators will react bitcoin NBU statement.
Doesn't mean its banned, though. So their representation of facts is skewed. Submissions that are mostly about some other cryptocurrency belong elsewhere. I personally think it's even not news at all. Lead by ignorance, brashness, and irrationally, this army of accounts rendered the community valueless for sincere content.
My mother left when conflicts was 3, so reddit only speaks Ukrainian and English. Its ukraine absurd how often ukraine things are reported because bitcoin a bad translation, or people with an agenda taking advantage of the fact that consumers of a foreign language article conflicts be able to see the discrepancy. Reddit creates next 3rd generation wallet for payments and cryptocurrencies. Every purchase has VAT. We will reply to you as soon as possible. Not something everyone is willing to bitcoin for several reasons. Analyst at Bitcoin Chaser.
Hi look official statment of senator McCain http: Do the majority of people in the Russian speaking regions identify themselves and Ukrainian or Russian. Do the people in the Russian speaking regions speak Ukrainian at all?
I know Russian may be their first language, but I am wondering of most people there can at least speak some Ukrainian. If you look in the official census data, majority identify themselves as Ukrainians. Often it hasn't anything to do with ethnicity though.
I'm myself not an ethnic Ukrainian but I consider myself Ukrainian as in "citizen of Ukraine" or part of the nation. Most of people can speak it. I know Ukrainian, I perfectly understand it, but I rarely speak it, so it is hard to find right words sometimes and Russian words get mixed with Ukrainian. This problem usually go away after few minutes.
The same goes for Ukrainian speaking regions. Everyone there understands Russian and most people speak Russian without any trouble, except for mixing Ukrainian words in Russian sentences. In some rural areas people speak so called "Surzhyk" - the strange amalgamation of Russian and Ukrainian languages. I am Ukrainian too and Russian is my mother tongue. Despite the fact I have never considered myself as "Russian" nor did my relatives and friends.
My parents are from Western Ukraine. My mom is from Sydova Vyshnia, and my father from Yaniv. They taught my brother and I the Ukrainian language. My mother left when she was 3, so she only speaks Ukrainian and English. My father was a teenager when they left, and he speaks Ukrainian, Polish and some Russian.
My brother and I speak fluent Ukrainian, as do most of the Ukrainians we know. But no one our age and younger we're in our 40s in the US knows Russian or Polish. You are in the US, so nothing unusual in that. In Ukraine, however, even people from the western part have contacts with Russian speaking citizens. But if you try, you can even find place where Hungarian is in majority. Or Bulganin and even Romanian.
So, it makes sense that their knowledge of Russian is limited. I would expect most of Western Ukraine these days would be very fluent in Russian. From what I read, Ukraine seems to be a little more "free" than Russia. At least it did prior to the war. Up until this mess, I was under the impression that Ukraine did not do that, or did it far less than it's neighbor did.
Internet censorship is virtually non-existent in Ukraine. It has its downsides like Russian propaganda web-sites that operate freely or high levels of piracy. But in the end no censorship is good thing, one of the few things Ukraine can be proud of. Things are a bit worse in TV and press, because large media outlets are owned by rich people that have positions in government. So their representation of facts is skewed.
Maybe you've read about "Black Thursday". On 16th of January parliament had passed and Yanukovych have signed so called "dictatorship laws". They were targeting freedom of speech and freedom of assembly. And these laws also gave government the right to shutdown any website or restrict Internet access without any due process.
Just on a whim. For me it was the scariest part of that package. These laws had sparked the most violent protest on Maidan and were canceled on 28th of January. So the Internet and media are as free as they were before the war.
That's good to hear that Internet and media are free still. I wonder how much the people in Crimea like their new Russian overlords and their censored media. As far as I know I have few contacts there those who really wanted to be in Russia are still euphoric. More moderate persons hate higher prices and fewer tourists numbers.
And those who strongly opposed annexation moved to continental Ukraine. So I do not expect anything about Crimea to change soon. My opinion on the war is simple: I really wish Russia to stop to supply separatists with arms, troops and money, so it can end sooner in political process, not the armed conflict.
I think it doesn't affect Bitcoin trade in direct manner. The region were war takes place was most imbalanced. The few rich there were too rich, and the poor were too poor.
So the former doesn't bother with Bitcoin and fled that region anyway and the later would be happy to have any money. Indirectly the war affects trade of course. And whole sense of instability doesn't help any market. For the US, losing this would almost certainly be unacceptable, as food production is the steadiest source of income for the country and in its national interests. Do you think it is likely that even in a "Westernized" Ukraine there would still be plenty of agricultural trade with Russia?
I do not think it would be that bad for Russia, they have their own agricultural regions Black-Earth regions , so it mostly political. I know that Ukraine wants to sell goods to Russia. Ukraine produces enough to trade both sides. And EU has more strict standards, so Russia may have broader market for us for a few more years, until we upgrade our own standards. Official argument from Russia is that European goods could be imported through Ukraine to Russia and thus hurt local Russian producers.
But as I said, the real reason is political influence. Russia want Ukraine to depended of their market. For last few years we were 'punished' not once with import bans for their side, when Russia didn't like our political course. Thanks for the response. I've always wondered how big of a deal it actually was and how political the issue had become.
Ukrainians were the closest nation to Russians in all aspects. Putin's invasion erased all that. As a Ukrainian-American, I sympathize with you here in America. Nothing good can come from armed conflict. And when the Ruble finally completely collapses over Putin needing to show what a big dick he has, he'll have no choice but to invade ALL neighboring countries just to get the resources for the Russians they won't be able to buy because their currency is worthless.
I certainly hope there will be a coup in Russia and Putin will thrown out, before any of this happens. They pointed out that only legal currency for payment for goods and services inside Ukraine is Hryvnia UAH. It always was that way. So you cannot slap anything on price tag in the shop except UAH. Well, prices, specially in contracts, are one thing.
What you use to effectively pay for stuff is another thing. The car market price in BRL was used in the contract, accepted by both parties. So, what's the case in Ukraine? Can you barter - and thus, use Bitcoin in payments? Or must every commercial transaction have actual UAH or legally accepted substitutes on one side of it? No, you cannot barter. When someone wants to barter they just sell things to each other for 0. When selling house, because you have to pay a tax, price will be valued by government entity, so this 0.
Actually strict money laws were poorly designed to beat rampart corruption, but in the end they produce more corruption and black markets. Or you can have all kinds of taxes. Income from bank deposits is taxed. Real estate is taxed. Every purchase has VAT. So everybody cries the poor and the rich. And everybody tries to evade taxes. If you're the company that produces fries, and I'm the company that produce drinks, and we decide to trade goods without being money involved, the state will turn our tax records upside down, find some inconsistencies and will make our life miserable with fines.
Well, if that's the case, then yeah you cannot use accept bitcoin as a merchant. Still not a true ban, but it sucks But I couldn't accept them yesterday just the same. This news titles are misleading. But I can own them, and I can trade them. These same rules are in place in the US. Only USD is allowed to settle legal debts. But you can still take BTC directly.
It's just that the accounting needs to use USD. Same rules on gold, etc. I think any country that really tries to ban bitcoin will out themselves publicly as having a weak currency. Maybe it's better if you write what are you talking about: This is also not strictly enforced. The banks are also regularly out of both because of the demand for not-Hryvnia due to massive inflation. Its really a pretty good climate for BTC, but it has very very little visibility there.
I'm really surprised officials issued any statements on it at all considering. In enforced in a sense, that if you'll be caught be hand selling something for the foreign currency there'll be consequences.
I cannot see why BTC cannot be this relative unit. It was pretty well understood that I was expected to pay in foreign currency.
I'm not doubting there's not penalties, I'm just saying its not strictly enforced. Those articles use sensationalist titles and doesn't reflect truth. You can read this http: Changetip has far better rate for UAH that it should be. Thanks for the translation and clarification. I'm not sure of the news of Ukraine banning BTC was good or not but people had strong reactions and it's great that you came forward. This is the job of the elected parliament.
So the central bank's announcement is rather a reminder of the current state of the law, right? But this is thin ice and I do not have enough expertise in this.
Law says you should only accept UAH. So basically they said what all central banks say it's really just starting to be a generic statement I keep hearing over and over. It's not ours, we can't control it, it's up to the responsibility of the individual.
Well, it wouldn't be too difficult for them to put up two prices just like they do at tax-free shops. Buyers could pay with what they are most comfortable with, and merchants could convert BTC to UAH or vice versa at the end of the day. LOL just came from Cuba. They have 2 types of pesos and tourists bringing foreign currency. It says emission and turnover of other currencies and use of money-substitutes as payment method are forbidden.
The keyword is legal You cannot force anyone to take btc or price something exclusively in btc. And you cannot use anything except for UAH as a payment method. Doesn't mean its banned, though. Same with the BTC, but its even isn't a currency as far as the law concerned. If NBU views it as money-substitute it doesn't automatically means that the law states that.
NBU doesn't write laws, so if it will want to argue that BTC breaks the law it'll have to go to court in every case. So, until the new law on electronic money is written everything is the same as it was yesterday.
And we need this law badly, even PayPal cannot operate in full mode here without it. We just need to be sure they wouldn't put something stupid, like actual BTC ban, in this law.
Pretty much like most other governments then: Basically we have nothing to do with it, if your ripped off its your own fault and the only valid currency within borders is currencyx.
Still I am sure many Ukrainians will sleep better tonight having 30 cent tips thrown at them randomly. I love this argument against bitcoin. If only all other currencies would be held to the same standard.
It may not have been a selling point, but everyone knows how to rid yourself of a paper trail in a business transaction In terms of the labor market, you get the phrase "Under the table" People who get paid "under the table" It's curious because your tax are very low! If I has those rates I will gladly pay them! But that is an employer who evades tax. If they have employees it makes sense for them. It hurts country, but nobody cares.
I personally think it's even not news at all. Nothing changed in legal status of BTC in Ukraine today. It hadn't any, it hasn't any now.
It's not explicitly banned, it's not explicitly allowed. These players often quote Satoshi suggesting that he explicitly stated he wanted bitcoin to be scaled to support a coffee money. Gavin Andresen and Mike Hearn tried to a lead a movement to change the future implied nature of bitcoin, we can call the big-blocker agenda. Lead by ignorance, brashness, and irrationally, this army of accounts rendered the community valueless for sincere content. It got so bad the mods were forced to impose the policy of banning all talk about the big block agenda.
The lead mod of this group, who also guarded the forum from which Satoshi bootstrapped bitcoin with, was theymos. Theymos is now the victim of daily attacks on reddit and most other bitcoin related social media. Ver is well known for twisting logic and definitions as well as using metaphors as if they are scientific arguments.
You see, there are early adopters in bitcoin that got wealthy by chance, yet they feel that it was their rational actions that put them in the position that they are in. You will notice something on these reddit subs. That is to say the most influential developer, on the worlds leading technology, has come to the rational conclusion that his most valuable time is spent fighting off trolls and attacks on a social media site.
In regard to theymos. No other bitcoin outlets will let this content be heard, as the irrational army of big-blockers have pervaded all the bitcoin related social media outlets, and no media sites will pick-up the story.
Theymos made a point of letting my voice be heard. He let the minority voice not be suppressed by the majority ignorant players.
He held up free speech by they REAL definition of the phrase. Gavin lead the big-blocker agenda, and he openly took bitcoin to the CIA.