Post
Topic
Board Bitcoin Discussion
Re: The Impact of Ukrain Bitcoin Donation and Support.
by
fullhdpixel
on 16/03/2022, 07:49:00 UTC
Not sure that I would call it adoption but it surely gave Bitcoin A LOT of publicity in terms of being a currency/asset that requires zero permission. It's just unfortunate that a lot of people had to realize it only when in times like this — like they had to literally see it with their own eyes instead of just realizing it through studying it.
It should confidently be called an adoption. A government cannot officially release an address for donation for what they did not adopt. The adoption must not necessarily follow due process. Perilous times necessitates innovation. So, no matter the process of adoption, it is an adoption. A government that has received help from cryptocurrency can never, I repeat, can never have the guts to punish her citizens for involving in crypto.
I do agree. I believe even if Bitcoin and other cryptocurrency was not a thing before the war in Ukraine, it will certainly be something that will remain with the citizens and the government inclusive long after this war is done because as you mentioned, I don't believe the government will want to be seen as hypocrite accepting Bitcoin/other Cryptos only when they felt the need.
Yeah, after all these things are over the government will not ban Bitcoin in the country. They would continue with the adoption and more of their citizens will as well adopt Bitcoin and other cryptocurrencies and start making use of it because of how useful it has been in such a time like this. Just today I have been reading news about how the Ukraine government has been spending the crypto donations. According to the news that I have read, the Ukraine soldiers were provided with over 5500 bullet proof vest through the crypto donations that were made. And apart from that other things that were provided for the soldiers are ballistic plates, thermal imagers, food and a lot more.