The Russian authorities saw a potential threat in enriching their own citizens. Apparently, according to officials, it is very dangerous for ordinary Russians to spend their own money uncontrollably. Of course, the financial literacy is an important issue in the country where MMM, the world's largest Ponzi schemes of all time, was launched. Besides, the Russian government tends to closely monitor how its citizens spend their money.
A new object of close attention is popular now cryptocurrencies and mining (the process of obtaining of virtual currencies). Rumors that someone can just sit at home and mine large sums of money using special equipment reached the very top. To make money doing nothing is the prerogative of the government, which, as you know, does not like competitors. Once again, under the guise of well-intentioned care, the authorities plan to take control of all virtual money transactions. "The use of cryptocurrencies poses serious risks. I know the position of the Central Bank and spoke with its chairman on this issue various times," Putin said at a meeting with Finance Minister Anton Siluanov, his assistant Andrei Belousov and CBR Governor Elvira Nabiullina. “In case of system failures or "bubbles", there won't be a legally responsible subject. We should take into account this serious issue," the president noted. He also added that cryptocurrencies can be used to finance terrorism and contribute to development of fraudulent schemes. In addition, Putin ordered the government to develop mechanisms for control of virtual money transactions.
So it goes. There are also rumors that terrorists use not only virtual money but also food and air to eat and breathe. So, if this information is confirmed, then, perhaps, as a part of fight against terrorism, it will be necessary to put usage of food and air under control just in case.
