Cryptolium: Deep inside Russia’s crypto-world

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In this week’s episode, Miguel Francis-Santiago takes RT’s Cryptolium deep into Russia’s crypto-world. As India threatens to shut down crypto and other governments also hint at a clamp down, which way is Russia leaning? What is the Russian Mining Union all about and what’s a cryptoparty? Find out the gritty details only on RT’s Cryptolium.


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RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.


tom rederik says:

First Last says:

Crypto the super dog ??

slavixtube says:

Mining is a complete waste of energy and money! Mining is OBSOLETE.
Don't invest into crypto that depends on mining.
Buy mining free crypto like Bitshares, Steem, EOS!

Eva P says:

Many times we wish we should know better before things had happen, for dismantle the mistake without care can bring daring consequences.
There are two main aspects to take into account when GOVERNING Economy. The first is to know that Nothing is more valuable than the “Economic Generator – Human Factor”. It is this concept that is most attacked by the “Money Lovers, and Egotistic Economists” who conceived it just as an “Asset” into the economic formula, divesting this factor of its humanity and reducing it just to a numeric factor to produce and grow “Economy”. It is here where the lack of vision will introduce the most diabolic aspect into an Economic Model, or it is here, where the Knowledge and Wisdom of those honest professionals who truly hold the ethics of the Profession, will protect and guard the Human Factor into the Economic Formula as the Factor that needs to be served by the economic model, and create the regulations that will avoid Greed to be served by the economic generator, making it into a slave and using the accumulation of wealth to become again the corrupter of the state, and finally taking over “again” the state position to abuse and slaved the people, where “again” Delusion and Ignorance will be their drive. United States is a clear example of this sad situation. Russia have all the active elements that can bring it down in half the time the US have fall.
The second aspect is that to sustain the compensation (payment) and facilitate the fast movement of transactions, any civilization needs currency. If two Nations do not have Gold, direct trade of goods can serve the purpose of obtaining the needed supplies, but this model of interchange holds limitations. When One of the Nations do not have Gold, the one who has it obtains the goods in exchange for Gold, this creates balance in the economic movements of wealth. But it is here where the clear understanding that the human factor is the driver and producer of economy, the factor that holds in itself REAL VALUE, and that Gold becomes the backrest and guarantor of that true value, that will drive the economic law makers serve its purpose. This is the end line, where the purpose of Gold is served. And here it is where the “Protection” of the purpose of Gold should be done by Law.
To use Gold or any currency to “Market” with it is CRIMINAL. Why…? Because Gold can not create Gold, Money can not create money. To permit such activity-Money Market is to legalize speculation driving the naive into traps, where they lose what is being accumulated by investing great part of their LIFE to have it (their money, their house, their business, etc). It becomes a trap of gargantuan proportions where everything becomes affected and the economic system destabilized, driving the entire society into a hell of poverty, insecurity and fear.
To open the understanding of Economy with its positive and negative aspects, is to open the understanding of a compartment of “Pandora's Box”, where such knowledge take you to wrestle with the Dragon and either you chain it, or he will chain you, and there is no middle result in this battle. Economy is the most sensitive and unstable aspect of Society. And the only element that can eliminate the risk, is the quality of the human factor as a whole.
If Russia allows the legalization (trough regulations) of any instrument of speculation as it is the so called “cryptocurrencies”, which do not hold any value in themselfs (the same as paper-dollars), Russia is just allowing the speculators to have one more instrument, doubling their opportunity for extortion. This is not just destabilization, this is a fast economic disintegration, the opening of the door for Economic Chaos. To “Regulate” such insanity is to legalized Crime, it is to give the mask of “legal” to Mafias, and we should know that Crime is the Instrument of Chaos.
There are reasons on why the world came to the International agreement of every Nation producing its own currency, and every Government was the sole guarantor of printing their currency and such currencies were backed up by the value of Gold.
Currency is the instrument PEOPLE should be free to interchange for goods and services without worries in any situation, and for this to work out, one mean is more than enough to bring ORDER, Credibility and Trust, otherwise, Conflict is at hand and faster than you think WAR at you doorstep.
The Dollar was backed up by gold until 1971, the paper instrument upheld a written legend of its value in Gold. Today the Jewry is free to print paper without such a legend, which it means is just “paper” and the value that it holds is just the value of the piece of PAPER itself, it became an instrument for FRAUD.
The same as most Nations, Russia is in the process of trying to understand the workings of Economy and the money instrument. Russia the same as the other Nations should ask, Why these knowledge has being forgotten, why just a group of people seems to understand it. I can say that for the Devil to pray on people, History have to be change or erased, once knowledge is gone, Ignorance is a murky place where the devil appears to be an angel of Light and knowledge, but at every turn deception is the beast’s mouth to devour everyone that moves.
Lets put all this in a different way:
Today I feel like printing a New “Cryptocurrency” and I will call it “Crypto-fouls” and I say that it is the “coolest” most “amazing” “Crypto” there is out there, because I SAY SO. So, tomorrow I will give one “Crypto-foul” to each one of the Russian Government Officials, and I say that your house is worth less than one “Crypto-foul”, so TAKE the freaking “Crypto” and get out of your house, but before you go, you have to give me the remaining of value, in Gold please. If you do not have Gold, you can give a car or jewels,….No, I don’t take “Cryptos” any more (because tomorrow is the day of the crash). I hope you fouls have a back up, because you are now officially homeless.
What ever you permit today against another, tomorrow will be at your door. Russia should be calling into account all these “Crypto Creators” and ask them to show you what is there to ensure no citizen will be negatively affected, to show what is backing up these transaction as an insurance to protect the “investors”. I will say, THERE IS NOTHING but a free taking, all base in Propaganda and Illusion, it is a Deception. Do you still want to learn the lesson and get educated in the process, bring every “investor” in Crypto- currencies, and make these Crypto-Creators to pay back every Crypto by the stated value in the “market”. Here you will see the face of the devil eye to eye.
INVESTMENT= to give Real Value in expectancy of legal gain.
Russian and every citizen of the world should be highly proficient in MATHEMATICS and educated to have an Analytical Mind trained trough Critical Thinking.
Everything falls if Virtue and Morality are not the basis of Human Character.

Money should be backed by REAL VALUE, the rest is speculation and speculation is CRIME.

007davida1 says:

This is why you should never buy crypto. Anything Russian is bad

Falcon Flock Foundation says:

Max Keiser and Bitcoin rule the fucking world bitches?✌?

Devon Cummings says:

Electroneum! Thank me later

zagashow says:

I want move to Russia to start Crypto Mining .

Jane Thompson says:

Can anyone explain to me what happened to customs who ordered and paid for miners and did not receive them. Several years ago. I think the name was Alpha

Godson Eh says:

I would have love to have a bite on that chocolate BitCoin too. Nice video!!!

Joe says:

Communist scum

truthseekers says:

Who's buying $10K lotto tickets? LOL

truthseekers says:

The commonality of these people is GREED.

truthseekers says:

so btc is just chocolate, 10K for a piece of chocolate?
WTF? if you're not moving money from country to country, (why would you?) then what good is it for? Can't spend it.

Paul Colourzone says:

What you think an algorithm created itself?
You think that software wrote itself?
Who stands to make the most out of this???
Seriously you think this benefits the common man ?
The people making the most are the ones who can afford huge amounts of computing power !
That puts it square back on the laps of the rich elites.
people's GREED has been the most powerful tool by which these Elites rob you of what is TANGIBLE ASSETS.
Imagine you only have a house…You go and sell it to buy enough to either purchase or mine bitcoins… Then IT tanks… You are fucked.
These millionaires mine the most coin and then sell it… In order to legitimize this currency based on the POWER OF THE AIR they have to have buyers and that will be the bottom dwellers who purchase these from them.
Crypto = Cryptic

adjective: cryptic

having a meaning that is mysterious or obscure.
"he found his boss's utterances too cryptic"
synonyms: enigmatic, mysterious, confusing, mystifying, perplexing, puzzling, obscure, abstruse, arcane, oracular, Delphic, ambiguous, elliptical, oblique; informalas clear as mud
"she leaves cryptic messages on his answering machine"
antonyms: clear
(of a crossword) having difficult clues that indicate the solutions indirectly.
(of coloration or markings) serving to camouflage an animal in its natural environment.

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