Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as a means to restore people's authority over money
by
pooya87
on 01/03/2022, 10:23:48 UTC
Bitcoin is proven to be a vital ally for Ukraine in the face of Russian aggression. The financial system is shut down, yet Bitcoin keeps working, allowing Ukrainians to live and progress.

The Russians will discover in Bitcoin a weapon to protect themselves from the collapse of the native currency and the bank limits on withdrawals in particular.
You are greatly exaggerating the role that bitcoin plays. It definitely has the potential but it is not like bitcoin is doing any of that on a big scale yet simply because bitcoin hasn't reached mass adoption yet. For example I doubt that more than a million Russian even know about bitcoin let alone be willing to buy it.
Or take Ukraine for example, over the past couple of days I've seen more scammers accepting donation in the name of Ukraine than seeing any evidence of anyone actually helping using the donations.