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Bitcoin: It's all about the Kolions...



http://qz.com/429536/the-absurd-trial-of-a-russian-farmer-who-invented-his-own-inflation-proof-currency/

At the local court in Yegorevsk, a town outside Moscow, the case of
local farmer Mikhail Shlyapnikov is being heard. Shlyapnikov is
accused of creating his own alternative currency, which he calls
â??kolions,â?? in honor of the village of Kolionovo, where his farm is
located. Shlyapnikov maintains that kolions simply assist a form of
barter between him and his friends. The Central Bank and tax
inspectorate both claim that Shlyapnikov has violated the
constitution, several tax and civic legal codes, and a host of federal
laws. Meduzaâ??s special correspondent, Andrei Kozenko, was present at a
rather unusual court hearing.

â??I donâ??t understand whatâ??s going on here,â?? Shlyapnikov complains to
the circle of TV journalists assembled, â??Where is this all heading?
This is my first time in court in my whole life. Clearly somethingâ??s
gotten the prosecutor worked up and heâ??s brought this case.â?? ...