Post
Topic
Board Bitcoin Discussion
Re: Bitcoin becomes priority alternative when cash fails
by
fuguebtc
on 27/03/2022, 04:55:05 UTC
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.)
Cryptocurrency will be used not only as an alternative but also as a major currency in the future and then there will be no paper money.
And what has happened here is the success of this currency. They went through a moment when they had no hand work so they had to use Bitcoin as an alternative. And this is the advantage of cryptocurrency that you can make purchases wherever you are with a net connection.
Crypto will always be an alternative that can exist alongside fiat, but cannot become major currency. I don't think it will happen in the future, although we have seen the benefits that cryptocurrencies brought to Ukraine during the war. Crypto still have certain weaknesses without internet then cryptocurrencies and bitcoin would suddenly become useless in this situation, so fiat is still necessary in our lives.