Post
Topic
Board Bitcoin Discussion
Re: This Ukraine issue has me thinking a lot. In a crisis, how valuable is bitcoin?
by
mindrust
on 06/03/2022, 17:30:52 UTC
The internet and cellphone networks then fall down.

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

Without the internet, you are right, crypto is completely useless. I think you should be ready for every possible scenario. I know many people here hate FIAT but a $100 bill in your pocket might save your life if you were living in Ukraine or Russia.

People in Russia are having big trouble right now and I don't think owning crypto is making their lives easier. Sure they can protect their wealth in crypto but these people have to eat, make their daily shopping, pay for gas etc and crypto isn't adopted that much. They can't pay their bills with crypto but almost everybody there will take your dollars.