Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and international conflict
by
jhonjhon
on 03/03/2022, 09:41:41 UTC
Pretty simple, if you're from a region that has conflict, you're better off with fiat
Actually in case of that what you need is food and shelter because neither fiat nor bitcoin are going to prevent starvation or stop bullets.
Very well said. Food water and shelter are what we need in order for us to survive in times of crisis like what Ukraine have experienced today. Using bitcoin in a middle of crisis
is not necessarily easy. For one thing, you need an internet connection and a working device. You also need to know how to use bitcoin, which some people are'nt able to pick up quickly in times of crisis.
Meanwhile bitcoin is not and can not be affected by this.
The fact that it cannot be frozen, it cannot be censored, and it can be used without ID, thats the reason why bitcoin is such an important humanitarian tool. For better or for worse, it is also a part of international conflict too.