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RE: Vladimir Putin is no dummy, he sees the Value in BTC, wants to raise 100m to expand Russian mining operations.

in #bitcoin7 years ago

Australia considering recognizing Bitcoin as a legitimate currency and Russian meetings with Vitalik - these are crazy times.

I was afraid that most countries at some time would adopt state controlled blockchain based currencies in order to keep their control over the economy but these recent news indicate that some of the current free currencies will become recognized assets in the future.

As soon as countries (even the small ones) adopt Bitcoin or another alt coin the prices will increase dramatically.

Good times ahead

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I'm so excited about this. Crypto markets gonna soar.......and most people still have never even heard the word bitcoin.

It's news worth taking note of. It means that at least some governments realize they can't contain crypto-currencies and they might as well try to gain from the momentum.

My initial feeling is that I wish governments would just ignore crypto... but I can see how some smaller countries embracing it may be a good thing.