Topic: Bitcoin continue to safe life in the face of financial crisis - page 2. (Read 364 times)

OP, you can just as much enjoy sending Bitcoin to your friends at any time without having to make up stories about the desert. There is a big difference between having Bitcoin and being able to use it here and now. Give your friends your bitcoins, and then you can also consider yourself, along with bitcoin, a savior, since owning bitcoin is definitely better than not having it. It doesn't matter how or when it is used. The important thing is that your friends have it.

I tried googling to find additional information about the op's story, but couldn't find anything. So I join others in saying that a link to a source would be much appreciated. If it's a true story, it's wonderful to see that Bitcoin was useful in an unexpected situation. However, I don't quite understand why online banking wasn't available (even though the Internet connection was okay, I assume, considering that Bitcoin could be sent and received)... I remember some stories from my own country, from the early days of the Russian full-scale invasion of Ukraine. Some people used Bitcoin to purchase a car, for example. So I do understand how a situation similar to the one described by the op could present itself, but I'd like to see more information about the Sudan-Nigeria case.

Your suggestion was good, but I'm a bit worried about the usage of bitcoin in the desert, Because at this point they need fiat currency to easily engage with whoever they might met to help them to a safe destination.
 And how possible will it be to have internet service in the desert before you even engage in P2P, because this is a warring situation and everybody scampering for safety.

If they are in an area where a network connection is available. They can simply use mobile banking and transfer money where needed. I don't think any bus driver in Arabs will stop his bus because his passengers cannot pay because of the network connection. If passengers don't have a network connection, it will be the same for drivers as well. If they have money and can pay the driver once they reach the network, Arab drivers won't refuse to help them. It's basic things in Arab. They won't leave anyone in the middle of the desert for money.

This is a made-up story, for sure. If they have internet access in the middle of the desert, they can do bank transactions or mobile transactions if they need urgent cash. As he said, there was no network; how is Bitcoin supposed to work there? How they communicated without the Internet or Mobile network? I am curious to see his answer regarding this.

I read an article that the government has already banned the use of bitcoins in their country, even if someone deals with cryptocurrencies there is a risk of facing the law.

At the moment Sudan is in an emergency crisis where there are two groups fighting for power when many people are trapped in this situation then bitcoin will not be able to save anything because I believe there are very few bitcoin users and it will be more difficult to make P2P transactions to exchange to local money especially to the bank of course it can not be done.

The important thing now is saving every citizen, and evacuating as soon as possible, but what other people say is the staple food and bus pickup will be the real savior.

Bitcoin as of now is the life savior of people with stupid governments and poor local currency, other than that it's just a financial investment.
As everyone else mentioned, you didn't link up any article or anything to prove your claims which is very common here on this forum.

Bitcoin does require the internet for payments and isn't modern banking include mBanking options too? Don't really understand how only BITCOIN solves this.

I think you just helped your friend partially because if buses are not moving due to money then BTC is of great help because they can use it as payment but as you mentioned there are no banks or BTC ATMs then the only way is they have to find a person who could accept there BTC and can give them fiat.

Or they have to give their BTC directly to the bus drivers if they accept it. On the other hand, i wasn't aware of the situation can you please find me an article that could help me to know the whole situation? like which desert they are in? is there any network connectivity there, because if there is connectivity they can simply make an online transaction to the driver's account so that the driver could move instead of sticking to the long procedure of converting BTC into fiat where you have no access to the p2p feature.

First, is it a Made up story or a real one? If it's a Made up story, It's unlikely to happen they will find someone in the middle of the desert to sell their Bitcoin. I am curious how they will have a Mobile network in the middle of the desert where they do not have access to a bank network. Mobile networks and the internet are everything there. If the Mobile network works, they can use mobile banking using the internet. If they don't have access to the mobile network, they cannot access Bitcoin either. This story may be interesting to hear for kids. But not who love realistic stories.

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You have used "I," "we," and "me" in this story, and it looks like you were involved in this case. If you claim this is a real story, you were involved. I would say I don't believe you. Don't come up with made-up fake stories. I have some friends in Saudi Arabia, and I know the situation. Sometimes you won't see anyone in some deserts for a long time. In some places, You won't have access to the mobile network. Also, someone can't come to the middle of the desert and give them fiat money in exchange for Bitcoin. Stop lying.

You have a point. I am sick and tired of seeing these pointless articles that picture bitcoin a solution to every world problem. There is war? Bitcoin solves it. There is drought? Bitcoin solves it… People won’t even think about buying bitcoin (and they won’t be able to) in these situations. And even if they did before these bad stuff happened, they won’t make a use of their coins till they move to another country. How are they gonna take care of themselves before that happens? Nobody in Sudan gives a damn about crypto probably. Can they even access an exchange and make trades?

Bravo, this is the true mission of Bitcoin and it is precisely for these needs that it was created here.  I am sure (and in fact I have proof of it) that the industrialized world will arrive very late in using Bitcoin while the poorest countries such as Sudan will be among the first and will benefit from it in the future.

That's a really inspiriting story but can you clear my mind out that how did they manage to receive the Bitcoin in desert? I mean in those areas there are no good networking facilities available then how did they got access to internet and received the Bitcoin?

Other than those concerns I found the story really inspiring and astonishing. If they somehow received the Bitcoin then they might have access to smartphones and internet which would make it easy for them to convert the Bitcoin into digital fiat that they can use to purchase good from the people in the desert.

I don't think that anyone in those deserts may have enough knowledge about Bitcoin and its usage and that's why those bitcoins are currently of no use to those Nigerians as they can not cash out those coins in the desert.  However, if they can convert those Bitcoin into digital fiat then there might be someone in the desert who may accept that digital fiat payment in exchange of cash or goods.

Yes bitcoin maybe of help them but I literally find it useless on their situation. What actually they need are food and water and any means of supply for living. Cause their situation is a bit of hard, and having bitcoin on that place isnt much of help. Unless they can use that to order pizza delivery and sent to them isnt it.

It may help on doing financial transaction but the adoption measures isnt appropriate with the story.

Bitcoin can be a life savior but in that case, they will also find it difficult to exchange their bitcoins because they have to find a shop that accepts bitcoins, especially in the desert.
Everything will be useless if he still won't able to use his bitcoins even though he managed to get a lot of bitcoins from donations that are very far from where they are.
And this requires the government's participation to legalize bitcoin as an option for payment so that if people cannot access the bank and make transactions, they can still buy something at a shop that accepts bitcoins to survive.
Bitcoin still needs approval from the government to be used more widely; hopefully, that will happen soon before the crisis hits all countries.

I was also confused. If they can't use the network to pay online, how can it be easy to use bitcoin? And how all the people on that bus had no cash or bank accounts but most had bitcoins, I really doubt the story. I don't believe that people who are migrating will have no cash. I know bitcoin is bringing us many benefits and many use cases, it can be said to be the savior of many people. But this story is unrealistic and somewhat exaggerated and biased for bitcoin.

I don't know how Bitcoin is a life savior in your story. If you're stuck in the desert, Bitcoin can't actually help you. Water is your life-saver. A group of travelers is a life-saver. An oasis is a life-saver, but not Bitcoin.

If I'm stuck in the middle of the desert for 3 days, Bitcoin won't probably give me joy. What will give me joy is that bus that will finally fetch me away from that hell and impending death.

Actually, in circumstances like this, cash proves to be much better than Bitcoin.

By any chance, do you have a link on the article(if there is), regarding this? I'm a bit shocked that online payments are not accessible but Bitcoin is? As far as I know, cryptocurrencies are less accepted by majority of the countries unlike with fiat online banking as long as there is an internet connection. Offline transactions in Bitcoin network could only work through hard wallet but it sounds impossible with the given indtance since they are isolated. We all know how beneficial Bitcoin is as an investment and as a mode of payment but in times of an emergency such as with above, isn't it fiat based online payments would be more convenient?

As the crisis in  Sudan persisted and countries tried to evacuate their citizens in the troubled country, an unexpected event played out that Bitcoin become the only way to reach some victims who were trapped in the desert with no money or bank networks.
This is the situation with some Africans who are currently trapped in the desert at the moment since the buses evacuating them stopped in the middle of the desert leaving the Nigerians who were running from the crisis to have no choice but to look for alternative ways to continue their journey back home or ease their pain while waiting for another rescue, the situation is more worst because most of those involved have no money left on them and they were relying on the government arrangement to get them back from Sudan to Nigeria but at the moment reports have it that the buses drivers have stopped the journey halfway and for the past 3 days most of the Nigerians have been left in the middle of deserts left to fend for themselves.
The role Bitcoin played in Getting financial help to the victims:
Some of those on the evacuation journey have to reach out to families and well-wishers seeking for funding to help ease their pain and since there are no bank networks in the desert and no way to send or receive fiat money, I suggested the use of Bitcoin to get money across to a friend who is stuck, and all we needed to do was to send the money to his Bitcoin wallet without any restrictions or delays.
The Bitcoin was received within a short time, and this gave me more satisfaction using Bitcoin in the time of crisis, the only problem is how he can exchange the Bitcoin and make payments that will help his struggle in the desert but the joy is that he now has access to funds through Bitcoin, and the stress to exchange into any local available currency or using Bitcoin to make payment on p2p if he meets anyone that use and accept Bitcoin is far more better and lesser worries, than the troubles of not having access to money at all.
Indeed Bitcoin is a life savior.

For those asking for link, you can watch this video to get the clear picture of the nature of things with the Nigerians stranded im the deserts.
https://twitter.com/nigeriantribune/status/1651601215019532290
And as for those who doubt my write up, its all good since it was a personal friend's supports.
I was just trying to portray the ability of Bitcoin to connect people financially even though the other party may not be able to use it to sort out they financial challenges at that point, but I guess having something to rely on is far better, were all hopes is lost and the person is vulnerable in time of crisis.