What is the impact of the current Ukraine and Russia war on Crypto? With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts. I hope the war ends soon, peace is beautiful
I once discussed this with some of my friends in one of the crypto groups on Telegram, this war between Ukraine and Russia had a huge impact not only on crypto but the economy as a whole, some time after Russia entered the Ukraine zone, there were a lot of assets in the stock market which is decreasing in value and it has an impact on the crypto market as well due to negative issues and some sentiments.
There is one opinion from my friend that I really like to hear, this is his opinion "Once the issue of war spreads, you must quickly buy oil and gold stocks, because only these two things are very valuable later when the war occurs".
A reasonable opinion in my opinion, besides, just imagine, if war broke out and nukes were launched? I'm not sure the electricity will still exist, this will have an impact on the Bitcoin network and other altcoins right?