Quote from: Raymond Gary on March 02, 2022, 04:53:09 PM

Bitcoin as we may know is yet to embrace mass adoption and it still under valued asset class, but before this Mass adoption could take place there are series of events that could happen to trigger the very adoption we have been looking for, And such events could be pestilence like that of corona virus , high inflation rate, wars and Economic sanctions that could cause some fiat currencies to lose their value due to Economic sanctions impose on some countries.
Example of these, is that of recent sanction imposed on Russia which have caused Russian ruble to decrease in value and will push some of investors to start looking for alternative way to hedge their funds in some asset class such like Bitcoin and other digital asset.

The impact of Bitcoin Donation to Ukrain.

[1.] The donation and support of Ukrain using Bitcoin and ETH has a significant impact and have also increased mass adoption.

[2.] The increase in the demand for Bitcoin recently to support Ukraine brought about a slightly increase in the price of Bitcoin.

[3.] It has also created more aweness for Bitcoin adoption hence causing people whom might not have heard about Bitcoin or transact in
Bitcoin, buy Bitcoin in order to render support or donate money to help the people of Ukrain to survive.

[4.] These will also attract the attention of some countries Government Authorities to find way and make laws to regulate bitcoin in their various countries and hence make Bitcoin easily accessible for their citizenry.

[5.] With the recent sanction imposed on Russia, Some countries will began to see Bitcoin as a store of value and alternative means for transaction to avert possible sanctions that could be impose on them and hence use Bitcoin for international transaction or even adopt Bitcoin as a legal tender like El Salvador.

In conclusion , though the Ukrain invasion has a negative impact on the people of Ukrain and it's residents, it also in other hands has a significant impact to the Mass adoption and aweness of Bitcoin.

Cryptocurrency donations to Ukraine have indeed brought publicity to virtual currency, but I still have deep sympathy for this war, although a lot of it is humanitarian, but where the money will be spent, probably only the Vice President knows.