Quote from: TheNineClub on Today at 08:04:50 AM

Quote from: noorman0 on March 16, 2022, 05:50:52 PM

Actually this epic moment happened in Ukraine, I don't know how difficult it is to get cash there (even using e-money). Someone sells "a Legendary Car" with bitcoin. View more...

Another milestone that bitcoin really serves as an alternative currency especially in times of urgency, bitcoin is really valuable for someone to survive. Because urgent situations are not just about war, calamities can also have more severe repercussions. I think this is a perfect consideration for any government not to be too strict on bitcoin regulations.

(The point of this thread is not about Ukraine situations specifically, but to the experiences of the people on this story.)

I mean, sure, it worked, but I can't really see this happening too often. And in this case, it was a car, but can it buy some canned food? A blanket? Pay your electrical bill? In some countries, yes, but it's not as widespread as we would like to think. So, while it can be of help in certain situations, it's not really a solution until it can fully be replaced to buy anything FIAT could, and I am not sure it would happen, I am not sure if it's even envisioned to be that.

As you said, population is still too unaware of the crypto currencies. It's a too volatile market and people don't want to risk their hard-worked money, in a critical situation for buying (doing) what? I don't think it's not possible to get food, pay bills using BTC. Maybe it can be helpful in a niche market, but it will not spread among all the country.