This coin would have been ideal to help the people of Ukraine in this very difficult situation simply across national borders. To make a donation to them. But for this you need at least 2 exchanges. One exchange, where you can buy this coin with Euro or USD, to send it to someone, who can exchange it at another exchange in local currency and get paid.
But why is it that for almost 6 years there is still no exchange that allows you to buy Karbo with USD or with Euro?
Nothing has been thought through here. Absolutely nothing. And that in these times!
It is a shame.
A lot of KARBO cryptocurrency holders are willing to support the brave cossacks of the Armed Forces of Ukraine with KRB coins.
This opportunity (liquidity) is provided by one of the users of RICHAMSTER Exchange.
The goal is to send the converted funds to "RETURN ALIVE" fund (
https://savelife.in.ua/donate/).
What and how?
1. In the KRB/BTC trading pair (
https://richamster.com/en/trade/KRB_BTC/), buy order was created to buy KRB at a price of 500 sat (x2 from the market).
2. The total volume of this order is 20000 KRB (equivalent to 0.1 BTC).
3. Attention! This order is only for those KRB sellers who are ready to donate: sold and forgotten.
Any sale of KRB in this order is considered a donation, so claims will not be accepted.
4. Until the full execution of this order, BTC withdrawal will be suspended. Also under control will be trading in all other pairs with BTC.
5. Final result: admin of RICHAMSTER Exchange sends 0.1 BTC to the public bitcoin-address of "RETURN ALIVE" fund.
Hash will be made public.
Thank you in advance.
SLAVA UKRAYINI!
Really,
that is not a solution.
Much too individual and complicated, not general enough.
There is still, after 6 years of KARBO, no way to be able to buy KARBO against USD directly through a trusted exchange like Coinbase or Binance.
When, if not now, in time of war, in defense of Ukraine and freedom of all, would be more willing to buy the KARBO to send the funds to appropriate places of Ukraine on their own? (not only via richamster.com)
When, if not now?
Wasn't the very idea of Bitcoin and co. that payments could be made directly peer to peer?
- Be your own bank! Use your own coin! - was the motto.
Apart from the fact that this slogan was also not thought through to the end, since exchanges including access to the traditional currency market are indispensable to even give a cryptocurrency any value, KARBO itself is not even suitable as a supplementary financial vehicle.
Now you have to trust an intermediary institution again? And then such a small exchange like richamster? This is no longer up to date.
Here a great opportunity is missed to provide liquidity in KARBO by creating the possibility through KARBO developers to create an access to KARBO against USD.
The USD market is the largest market in the world. This is the only way to improve liquidity in KARBO trading. And liquidity is an important feature when investing in a coin.
If action cannot now be manufactured to create access against USD, then the KARBO exposes itself as an ineffectual means of transferring funds. Never again will there be such an opportunity.
What is the purpose of the KARBO if it cannot serve as a convenient and safe means of value transfer even in times like these?
Today Ukraine has the global attention and KARBO is still as inconspicuous as ever.
Today I read a news report: Ukraine sets up website for crypto donations:
https://donate.thedigital.gov.ua/#:~:text=Aid%20For%20Ukraine%20shows%20how,SWIFT%20to%20the%20Ukranian%20governmentListed are:
Bitcoin, Ethereum, Tether, Polkadot, Solana, Dogecoin, Monero, ICON, and NEO N3.
But KARBO is missing.
The pseudo-national cryptocurrency in Ukrainian national colors itself, the KARBO, is missing here.
I am irritated.
Almost 50 million USD have already been donated.
Is there even a fund to ensure that funds will be available for further development of the KARBO in the future, or has this not been thought of?
It seems to me that Ukraine's resistance will have to be funded without the KARBO. By conventional means or through more liquid and secure transfer vehicles than the KARBO.
I think that already says everything about the quality of the KARBO coin.
In my opinion, unfortunately, the KARBO no longer has a future.
I would have expected more from a cryptocurrency designed in the Silicon Valley of the East, in Kiev.
Nevertheless, may the Russian army be successfully pushed back.
SLAVA UKRAYINI!