Russia to issue its own cryptocurrency and this may destroy bitcoins in the future.

https://techcrunch.com/2017/10/15/russia-may-soon-issue-its-own-official-blockchain-based-currency-the-cryptoruble/

Russia will issue its own cryptocurrency which cannot be mined by others and can only be issued by the Russian government.

We did say before in our previous posting that blockchain technology was more useful than the cryptocurrency per se because cryptocurrency was a derivative of blockchain technology.

If more and more countries start to issue their own cryptocurrencies that cannot be mined, bitcoin's value will crash as ordinary people can use the official cryptocurrencies to transfer money.  In the end, only criminals will use bitcoins to stay anonymous.

http://sg-stock.blogspot.sg/2017/10/bitcoin-fanatics-dumbest-thing-on-wall.html