Re: This Ukraine issue has me thinking a lot. In a crisis, how valuable is bitcoin?

Quote from: BenjaminGlover on March 02, 2022, 06:46:35 AM

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/}

Of cause not in that particular war state that you are, you cannot use your Bitcoin for anything there even though it is not worthless to you because you will be definitely thinking of relocating from that war zone to another place where you will be able to continue to trade and use your profits as before where every condition like access to internet of ok.