Mikhail Chobanyan Biography

Is it like this or not? People are based on experience, and experience is MMM. Hence the common comparison with the pyramid.

They evaluate, based on their experience, but they do not understand what the pyramid is, what cryptocurrency is. Therefore, my recommendation - always study the subject before making some loud statements or expressing an opinion. How to distinguish a pyramid from not a pyramid? It will be useful to find out also because some cryptocurrencies are now building this scheme.

Its key difference from other financial structures - its yesterday's depositors receive material goods at the expense of today. The financial mass is accumulated upstairs, and only there they understand when all this should be “collapsed” - they plan in advance the life of its life. But it turns out that it is impossible to prohibit the pyramids. Firstly, this is a voluntary thing.

Secondly, then the Pension Fund will have to be banned. Because it works according to the same principles. Investors pay today for those who worked in the pass. In addition, you cannot guarantee profit. If we are talking about true cryptocurrency, and not about the substitution of the concept, then no one guarantees anything there. If they guarantee, this is already fraud.

You yourself are evaluating the risks, advantages and already on their basis make decisions. But, unfortunately, now there are a lot of unclean people who tell about guaranteed earnings on bitcoins. The deposit guarantee fund, insurance companies work. Is there anything similar in the cryptocurrency market? No, and thank God. Often officials, and not only Ukrainian, draw a terrible picture: grandmothers will buy cryptocurrency, it will burst, and they will have nowhere to go.

Yes, the banking system has a deposit guarantee fund, there is an National Bank, the Ministry of Finance, audit companies, and many controlling law enforcement agencies. But how much did this help the same depositors of Mikhailovsky or Delta? The fund nevertheless paid deposits within thousands of hryvnias. But someone did not get his money? In addition, the currency is also not provided with anything.

The idea that dollars or hryvnias tomorrow can be exchanged for some goods in the same equivalent or in the same amount is not supported by anything. As soon as the Ukrainians cease to believe in the national currency, it depreciates. And we see lines at the exchange point. Tell us how you got to the crypto business? I started immediately after the revolution. In the year, Arbuzov’s pressure on all financial companies increased.

Then it seemed to go out with the bitconly an overwhelming task. Then there was a revolution, and everyone who could potentially create problems gathered together and left the country. Its basic service is the exchange of hryvnias for bitcoins. All my projects are infrastructure. These are exchangers, and the exchange, and cryptomats - the last, in fact, superstructure over the exchange, and work directly with the Kuna exchange.

There is also an association as a way of lobbying crypto interests. This is a "blockchain -hab", as a physical place where you can come and get a consultation, find like -minded people, hold a hacaton forum for developers, - ed. I tried in the year when I bought equipment from China. It stood in the office in the kitchen. It was insanely noisy, in the summer there was unbearable heat, and the technique overheated.

So I sold it at cost and was insanely happy. Since then, I have not touched the Iron. Cryptocurrencies have not yet been regulated by law. Not yet. And I really see no sense. Tell us about the experience of communicating with law enforcement officers, and what relations have been preserved after searches and claims? Claims appeared at the end of the year. Then a cyber-militia came to me, literally a couple of days later, which became a cyber police.

As stated in the judge, they were looking for documentary evidence that I am engaged in the exchange of cryptocurrencies. Although since the year I said loudly - I do not change. Naturally, if you need to do this, then I can direct you in the right direction. But I do not change it myself. In general, they were looking for documents from me, then bitcoins, well, what kind of papers can be if we are talking about virtual things?

Now we have absolutely neutral relations. There are no questions. Didn't they encounter the tax? I mainly communicate with the bushniks. For example, a fresh reason - registration of association. And in any case, without the SBU, as if I did not want to, so far. And without me they are also in any way. That is, you are interested in them as a crypto-specialist who can advise, tell something?

They have many problems. All these high -profile cases that are covered in the press cannot be brought to court without a proper expert assessment. And who will give them paper in Ukraine, which would assure the cost of bitcoin? They cannot refer in court to Coinmarketcup, Bitfinex or Kuna sites. The association can provide such paper, this is one example. In return, we must get something for ourselves.

So Win-Win. Literally a few days after that, security officials visit crypto entrepreneurs and remove the equipment. Beautiful words against the background of severe reality? The situation is not so simple.In the case of Anatoly Kaplan, everything is quite clear to me - this is pure chaos. Both we and they know about it. The case, which they turned to him, has nothing to do with him at all.

All this was done clearly with the aim, on the one hand, to intimidate, and on the other, to earn. Therefore, cryptocurrency was seized, and for a significant amount. Of course, a journalist is easy to offend. As for the miners, then not everything is so unambiguous there. There are not very many officially imported equipment. The question of smuggling?

The first is illegal import, that is, they did not pay a fee. The second is fatal greed. Instead of paying the tariff for electricity, they usually steal it. They agree with some state-owned enterprises, with the director of the company, with someone else. The third is illegal entrepreneurial activity, non -payment of taxes. Therefore, here you can catch on. By ear, criminal stories, abduction of people for Bitcoin.

These are the realities of Ukraine. These cases are clearly performed not without the participation of power structures, because there are no uncontrolled processes in the country. And even more so when we are talking about the use of weapons. And how to develop this type of business in such realities? It may be easier to move somewhere, they say that now in Georgia they are loyal to cryptocurrencies.

I think this is a bad option. We need a critical mass of the population if we are talking about talents. And Georgia has never been famous for programmers.