Post
Topic
Board Bitcoin Discussion
Re: This Ukraine issue has me thinking a lot. In a crisis, how valuable is bitcoin?
by
Ozero
on 02/03/2022, 13:44:15 UTC
Assume you must evacuate your house during a wartime situation. You don't have any cash, but it's been depreciated owing to previous occurrences.

You, on the other hand, have your phone, hardware wallet, and seeds. You're in a nice mood.

The internet and cellphone networks then fall down.

How do you intend to use your bitcoin? Is it completely worthless?


Seeing a lot of news lately like: https://mycryptoparadise.com/ukraine-suspends-electronic-bank-transactions-following-its-unrest-with-russia/
We who are trying to get out of Ukraine, we have no financial resources, the banks just dont´t work, it´s very important that you donate any amount to help, you will already be doing something important, we are out of the minimum!
Follow Twitter: https:twitter.com/ukraine
The official Wallet(BTC): 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
and this other wallet:1ukBmNMrVxrWJpChtDE3FCYMax4RZgFhj
we just created to help, because what goes to the government hasn´t reached us. If you cant´t, pray for us.
I am also in Ukraine and I can say that some of the information reported here is not true. The banking system in Ukraine is still working more or less normally. The hryvnia exchange rate fell very slightly. The National Bank has limited cash withdrawals for one day to the amount of UAH 30,000. It's about one thousand dollars. This is a decent amount and I think that in the current conditions it is normal.
Before sending donations to Ukraine, you need to make sure that the wallets provided are official.
Since I see that the account that provided the public address for donations is almost new, I would not trust him.