So they want to kill the competition so that they can introduce their own coin. Not the best way to gain international acceptance of their new coin imho.

wait last time i've checked russis were heading to accept bitcoin and regulate it? so this must be only a vaporware proposal nothing to worry about

it will never be accepted

Yeah they also have prison time for weed over there and are pretty harsh on it but people still use weed.  I think the news is bullish as it shows the reasons why we need bitcoin in the first place.  I know BTC-e has blocked russians so it must be pretty serious though.

Exactly. One day you hear quite bullish news coming from Russia, and the other day they put you in the prison for using Bitcoin. I just laugh at these news articles. You can't believe any of this anymore. All these news articles with Russia in it should be taken with a truckload of salt.

Every week we have different news about bitcoin law development on Russia, some weeks says that laws will allow bitcoin, some weeks says that bitcoin users will have 4 years of prison. I think that Russian government needs to clarify witch is its position about bitcoin. And newspapers need to wait for official news, not writing about rumors.

if I'm not mistaken, I also read a thread
said that there are over 100 shops
accept bitcoin in Russia. so I think it's
still not true at all. I mean it's not really
accepted yet

Yes, I agree 100%.
We need an info from a russian forum member if this is correct or not.

This will essentially ensure it becomes Russia's black market currency.

Instead of them taking measurements to eliminate illegal activities that involve BTCitcoin, they went with overall solution even though they know it's going to have serious collateral damage. Russia is neighboring country from where I live and I personally have friends who have mining farms there and if this bill goes through (which it seems accepted) then a lot of innocent people will get punishment for a crime they never committed. There's a lot of crimes that are happening with rubles as payment but they don't do anything about it, and what's worst is that, they even hate US Dollars ($) and do trades with neighboring countries in local monetary trade system. So what I think is, just them doing all they can to have absolute power on anything that goes in and out in terms of expenditures (in a ugly way).

Pretty cool country if you like alcoholism, AIDS, and no Bitcoin.