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Topic: Can Bitcoin help global refugees and migrants to relocate to new countries? (Read 311 times)

hero member
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Let's discuss more ways for Bitcoin to help these vulnerable people, so that we can help them to continue with their lives.... and eventually return to their country of origin.... when the conflict are done.    
I support the majority opinion that Bitcoin is able to help immigrants and refugees everywhere, especially since the use of Bitcoin has become widespread everywhere in the world, regardless of whether countries adopt it or not.
I would just like to point out an important point regarding the fact that Bitcoin, or crypto in general, can help immigrants and refugees outside official frameworks, since its use is not regulated in most countries (with the exception of a few countries). This means that immigrants to El Salvador or Central Africa, for example, can build a whole new life there using Bitcoin. While in the rest of the world, or let's say in the rest of most countries in the world, it is possible to convert Bitcoin into cash only to pay the basic needs of daily life.
sr. member
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Why do we think bitcoin does that for them? And why are we, the people who know about bitcoin and have the opportunity to change our lives and help those around us?

I think sharing and helping belong to the responsibilities and obligations between people. And bitcoin here is just a tool for us to do that, I encourage anyone who currently does not know bitcoin to force them to use bitcoin as a way to save their lives. What makes them live such a miserable life? Yes, it's not entirely true, but I understand why some poor countries due to embargoes tend to migrate to find a chance to live for themselves. themselves.


hero member
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"In April of this year, Binance Charity launched the first-of-its-kind Binance Refugee Card for all current and new Binance users from Ukraine forced to move to EEA countries as a result of the war with Russia, the card and crypto-based cash assistance helped 15,000 Ukrainian refugees and internally displaced people." - Source : https://www.binance.com/en/feed/post/93305
Wow, I didn't really know that. Their card had a very good cashback and commissions. While it's true that Binance is a centralized platform, NYK - NYC, I think it still would help many refugees, they CEO is a real problem solver, we have to admit that.

How can Bitcoin help these people to relocate and continue with their lives in a new country?

1. Brainstorm "safe" methods to convert Fiat to Bitcoin
2. Provide offline and online cold storage solutions to protect their coins.
3. Provide an easy on-ramp to convert Bitcoin to Fiat and the other way around for refugees.
4. Offer reliable and trustworthy P2P services for these vulnerable people, when they arrive in a new country.
5. Keep the transaction fees at these services as low as possible, to give them more money to start a new life.

Let's discuss more ways for Bitcoin to help these vulnerable people, so that we can help them to continue with their lives.... and eventually return to their country of origin.... when the conflict are done.    
You can't bring all of your savings with you when you move during extreme circumstances and when you move as a refugee. You can't also trust local bank when there is a war in your country. Bitcoin helps you to get rid of 3rd parties (you shouldn't use Binance or any other centralized exchange in this case) and helps you to create wallet, store bitcoins and redeem them from any place without the involvement of others. For example, create an Electrum wallet, remember seeds and when you move  in another country, download Electrum, put your seeds and get your coins back, easy and flexible. I love this, it really attracts me. When you move in another country, you'll definitely find a way to exchange your coins and get local currency in your pocket.
full member
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I like the points you made OP. Because I also think that Bitcoin can help refugees or anyone who wants to flee or leave their country which is experiencing a humanitarian crisis or is at war. Carrying cash in person may be very dangerous. So converting it to Bitcoin will indeed be much safer. Because control is completely in our hands. Apart from that, with Bitcoin it will also be easier for us to access it as long as there is internet. Especially if the banks are closed. So as long as we can transfer money from our bank account digitally, we can convert it to bitcoin. But we also have to make sure that we use a safe wallet. And have stored the private key safely.
I mean by logic it's true that you can take everything with you online, like you do not even need a hardware, just need one email, and an account at an exchange, you can go to anywhere in the world and you can open the account there.

However, I do not think that people who are at refugee levels have the extraordinary amount of money that they would normally have to carry somewhere else to begin with. Imagine people in Gaza right now, Israel is attacking, and surely there are terrorists there but lets be reasonable and acknowledge that there are innocent people there too, who are getting their city bombarded constantly.

So let's assume you want to leave, you come from a nation that has nothing, even water and electricity is given by your enemy, and you basically have your clothes on your back that could be considered all you have, what good does bitcoin could do for you? What are you going to carry towards another nation if you could even leave?
I think it is regarding refugees that are from nations that is not currently in a war. I mean technically speaking tons of people move to USA every year, legally or even illegally, mostly via Mexico but the majority of the people who are illegally in USA are people who overstayed their visa rights, given 6 months, been there for 9 months for example, that is the majority of the people.

I think it should be important to note that we are not going to end up with anything that would prevent those people. Lets assume you are a Mexican, and want to illegally immigrate to USA , you can definitely sell everything you own, whatever we are talking about, anything that doesn't fit your backpack, and then use that money to buy bitcoin and then when you are cross the border you are done.
sr. member
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You have already point out some good things. And now I want to also say that Bitcoin can always help global refugees and my grand to relocate in a new country. But there maybe also have some bindings but we have to focus on the positives first and since it's potential in the future especially I think any future transactions to help refugees will mostly be through cryptocurrency or bitcoin. When the issues that can be recognized as impediments should be kept under maintenance or monitoring in advance.
legendary
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If we overlook the facts of rules and regulations while crossing the borders then yeah I think it would be an amazing idea. For example, if I am in the conflict zone and I have a thousand bucks on me but I am moving to the conflict free zone which is another country and my currency isn't supported then it seems logical for me to convert all my assets to Bitcoin in the first country. Once I am free from it and moved to the new destination I could just either sell off my bitcoin and convert it back to the local currency. If we go with that sense then why not, Bitcoin can help me individually.

However, this doesn't seem to be possible as operated workflow by any government or entity for the refugee itself. I mean if any entity gets involved so as to help refugees with their finances using Bitcoin then they will have to declare every transaction. This way both sides will know Bitcoin is being used for such activities and they may have to follow all the rules and regulations of transacting it. Some may agree and some may not.

This could also give rise to money laundering under the name of refugee financing. So it depends whether it sindivudal choice Or an organizational level operation.

This is not money laundering.... because this money are not derived through illegal activities. Yes, people might be able to circumvent certain limitations that are placed on cross border transfers, but it is definitely not money laundering.

In any way.. the restriction are normally on the side of the country of origin.. because that country does not want the people to leave with their wealth. (taxes)  Roll Eyes
hero member
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1. Brainstorm "safe" methods to convert Fiat to Bitcoin
2. Provide offline and online cold storage solutions to protect their coins.
3. Provide an easy on-ramp to convert Bitcoin to Fiat and the other way around for refugees.
4. Offer reliable and trustworthy P2P services for these vulnerable people, when they arrive in a new country.
5. Keep the transaction fees at these services as low as possible, to give them more money to start a new life.
These things can be done by an exchange or some service provider and they don't necessarily have to use Bitcoin for this and any other cryptocurrency can also be used, and what I'm trying to imply with that is that it is not really Bitcoin that is helping them relocate or solve their problems but it is some service provider that would do that. So, any cryptocurrency or any other asset can solve all these issues of the refugees if they are all being done by a third-party.

Some people say that governments of the countries allowing refugees should assist them using Bitcoin, they need to understand that governments of most countries are not in favor of Bitcoin and they will never do that. They might help them with local fiat currency or providing them shelters and food.
legendary
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We are seeing conflict in many countries all over the world and many of these people are fleeing their country of origin, because they are going to war and their local currency and economy are collapsing.

The question is..... Can Bitcoin help these refugees?

We know that Ukrainian Banks closed their doors, when the first bombing started and most Banks do this when there are a possibility of a war. So how do people get their money out of the "Banking" system, when Banks close their doors?

We also know that the Banking system are reluctant to open Bank accounts for foreigners or refugees in the country where they end up.

"In April of this year, Binance Charity launched the first-of-its-kind Binance Refugee Card for all current and new Binance users from Ukraine forced to move to EEA countries as a result of the war with Russia, the card and crypto-based cash assistance helped 15,000 Ukrainian refugees and internally displaced people." - Source : https://www.binance.com/en/feed/post/93305

How can Bitcoin help these people to relocate and continue with their lives in a new country?

1. Brainstorm "safe" methods to convert Fiat to Bitcoin
2. Provide offline and online cold storage solutions to protect their coins.
3. Provide an easy on-ramp to convert Bitcoin to Fiat and the other way around for refugees.
4. Offer reliable and trustworthy P2P services for these vulnerable people, when they arrive in a new country.
5. Keep the transaction fees at these services as low as possible, to give them more money to start a new life.

Let's discuss more ways for Bitcoin to help these vulnerable people, so that we can help them to continue with their lives.... and eventually return to their country of origin.... when the conflict are done.   

Bitcoin is actually very useful for this purpose, even more so when combined with a variety of other platforms and assistance. One of the hardest things any migrant will face is how to move money around when they originate from certain countries and cryptocurrency effectively stops that discrimination by allowing banking anywhere. However they have to be careful about getting ripped off and may be well advised not to carry any indication, or rely on something like a phone, while travelling some rather harsh routes that might result in them losing such a device or it breaking. However it's possible to spread a bitcoin wallet across multiple different drop boxes and reconstruct it later.
hero member
Activity: 1736
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It could happen. This happened in Ukraine last year, granted there is a centralized donation/charitable institution that handled the transfer and facilitation of donations and funds for the refugees and victims, as with Palestine's situation I'm not sure if they have the same liberty sadly. Although I guess we could send our donations to the same people who advocate for the abolition of the war and all that stuff, especially those who remain to have audience/internet connection within the country, preferably those who are opposed to the abuse that Israel is subjecting Palestine over cause I see a lot of these motherfucking influencers brainwashing people to make it as if what Israel's doing (bombing cities and using innocent palestinian children as practice dummies for their drones for months on end).

Globally, if we have a governing body regarding charities and institutions that we can trust, perhaps they could setup crypto donations, and I'd be more than happy to chip in some help!
hero member
Activity: 2072
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If we overlook the facts of rules and regulations while crossing the borders then yeah I think it would be an amazing idea. For example, if I am in the conflict zone and I have a thousand bucks on me but I am moving to the conflict free zone which is another country and my currency isn't supported then it seems logical for me to convert all my assets to Bitcoin in the first country. Once I am free from it and moved to the new destination I could just either sell off my bitcoin and convert it back to the local currency. If we go with that sense then why not, Bitcoin can help me individually.

However, this doesn't seem to be possible as operated workflow by any government or entity for the refugee itself. I mean if any entity gets involved so as to help refugees with their finances using Bitcoin then they will have to declare every transaction. This way both sides will know Bitcoin is being used for such activities and they may have to follow all the rules and regulations of transacting it. Some may agree and some may not.

This could also give rise to money laundering under the name of refugee financing. So it depends whether it sindivudal choice Or an organizational level operation.
sr. member
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There's a high chance of abuse, someone can fill the forms by submitting fake identity and different address that they own.
I assume the refugees have already given their identity to the government to move from one place to another, and that identity can be used for robust identity verification. I know this hurts the purpose of decentralization and anonymity that BTC provides but in hard times people in need of money don't have any privacy concerns. If they don't have any privacy concerns then KYC can be done to avoid the abusive use of forms. Overall, this system is way better than the traditional one (we are currently using)

Where you read this? I didn't find an article said US are giving loans in BTC.
https://coinledger.io/tools/best-companies-for-crypto-and-bitcoin-loans. You can find many companies providing loans in BTC to the citizens of US and also to other citizens too. I was going to provide the link in my previous but I thought it would be easily found.
Note: it must be a loan without collateral, if it's a loan with collateral, those refugees will not able to take loan because they don't have a valid collateral aka valuable asset.
That's a good point you have raised, I forgot to mention collateral free loan.
hero member
Activity: 1582
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We are seeing conflict in many countries all over the world and many of these people are fleeing their country of origin, because they are going to war and their local currency and economy are collapsing.

The question is..... Can Bitcoin help these refugees?
Of course, it is possible if there are good people who want to donate bitcoins to these refugees, as has been done by several communities on forums. The question is whether these donations can reach the refugees if they are not managed by the right party because if we directly send bitcoins to refugees they will definitely not have the opportunity to access and convert them to fiat currency. Because they were under heavy pressure due to the ongoing war.

You can answer this question in your heart and whether there is a community that is willing to run a charity that accepts bitcoin and distributes it to those who really need it. Institutions outside the impact of war may be able to manage bitcoin donations well because for communities affected it may be difficult to do so because they do not have access to these services.

We also know that the Banking system are reluctant to open Bank accounts for foreigners or refugees in the country where they end up.
That's why you need a charity organization to manage it and they have their own account to distribute aid. If they are willing to accept bitcoin it will be much easier because they can convert the bitcoin to fiat money before they distribute aid.
sr. member
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The question is..... Can Bitcoin help these refugees?

We know that Ukrainian Banks closed their doors, when the first bombing started and most Banks do this when there are a possibility of a war. So how do people get their money out of the "Banking" system, when Banks close their doors?
When war occurs, everything will be in chaos, starting from the availability of food and even banks being closed or even suspended during the war, other possibilities will also definitely occur. In situations like this, Bitcoin must be the solution.

The existence of bitcoin will certainly help refugees or people in countries at war. Because bitcoin is easy to access anywhere and can be sent anywhere at a low cost. Moreover, Bitcoin is easy to carry anywhere, this is different from money which is difficult to carry around in large amounts and the possibility of the money being damaged will definitely occur when war occurs. So in conclusion, bitcoin is very helpful when war occurs, in fact many humanitarian transactions during war are easier to use bitcoin.
legendary
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AFAIK, refugees if have to receive BTC they would have to fill some type of form, where they have to submit there addresses in order to receive the funds directly, or maybe some smart contract can do this work based on BTC blockchain. I might be missing the point that could cause complications but I'm all ears.
There's a high chance of abuse, someone can fill the forms by submitting fake identity and different address that they own.

what good does bitcoin could do for you? What are you going to carry towards another nation if you could even leave?
Yeah that's the logic, you must be rich.

Bitcoin is definitely good and can be used for many solution, but people forget not everyone have a same financial status.
hero member
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If the refugee is tech savvy and a good user of cryptocurrencies, yes,  it wouldn't be any issue for BTC to help in migration to new countries.
The case for concern is if BTC is legal in the country migrated to, or it is legal but not considered a legal tender for transaction and payments.
The issue of legalizing Bitcoin for migration countries can actually be done as long as the residents of that country are very familiar with Bitcoin and the procedures for using it. Because it goes back to the confidence of everyone there, including the state officials there, whether they are confident enough in Bitcoin, like the El Salvador president's confidence in Bitcoin, if they are confident enough, I think it will be easier to make legalization of Bitcoin happen. into these migration countries.
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I like the points you made OP. Because I also think that Bitcoin can help refugees or anyone who wants to flee or leave their country which is experiencing a humanitarian crisis or is at war. Carrying cash in person may be very dangerous. So converting it to Bitcoin will indeed be much safer. Because control is completely in our hands. Apart from that, with Bitcoin it will also be easier for us to access it as long as there is internet. Especially if the banks are closed. So as long as we can transfer money from our bank account digitally, we can convert it to bitcoin. But we also have to make sure that we use a safe wallet. And have stored the private key safely.
I mean by logic it's true that you can take everything with you online, like you do not even need a hardware, just need one email, and an account at an exchange, you can go to anywhere in the world and you can open the account there.

However, I do not think that people who are at refugee levels have the extraordinary amount of money that they would normally have to carry somewhere else to begin with. Imagine people in Gaza right now, Israel is attacking, and surely there are terrorists there but lets be reasonable and acknowledge that there are innocent people there too, who are getting their city bombarded constantly.

So let's assume you want to leave, you come from a nation that has nothing, even water and electricity is given by your enemy, and you basically have your clothes on your back that could be considered all you have, what good does bitcoin could do for you? What are you going to carry towards another nation if you could even leave?
hero member
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Those 5 ways sum up pretty much everything, they can simply relocate to new country, convert their Bitcoin to fiat of that country with whatever method available, and rent and live. 
legendary
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Let's discuss more ways for Bitcoin to help these vulnerable people, so that we can help them to continue with their lives.... and eventually return to their country of origin.... when the conflict are done.   

The biggest problem these refugees will face is the legality of cryptocurrencies in the country they fled to. Life will be more difficult if Bitcoin is illegal in the country because they will have limited options to carry out financial transactions. I know refugees don't always have an option but those who want to depend on Bitcoin should choose to move to crypto-friendly nations. They can organize themselves and form a Bitcoin P2P community using social media. These refugees could also partner with shops that sell basic needs and arrange to pay for products using the Lighting Network.

Well maybe this one bring a lot of problem to them but I think there's nothing to worry about since most of the country have local exchangers where you can exchange your bitcoins to fiat, but if there's no services like this available for sure they can do p2p to the nearest crypto users since for sure there are people who use bitcoin in that country to use for their investment. That's why for them its really a smart choice to convert their local fiats to crypto especially if there's a war happening so that they will not struggle to bring a lot of money to secure their family once they decide to flee.

This is how useful bitcoin is in terms of national crisis that's why government should think about adopting it since it could give them convenience but as well it can give them some extra profit that can help their economy to grow.
legendary
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I am saying there are a lot of things that Bitcoin can do for these people and we as a Bitcoin community should brainstorm ideas on how to help them.

Let's take this scenario : You live in a country where a terrorist organization are forcing you and your children to fight for them or be killed. So you decide to flee the country to protect yourself and your children. So you pack your earthly possessions and you flee on foot.... but you know the enemy knows this and they are waiting for you on the way. (There are also groups of thieves that are raiding people that are fleeing the country)...... What do you do with your wealth?

Solution : Convert the majority of your wealth into Bitcoin.... use a safe online method to store your private key and/or Seed to keep it safe... then try to cross the border.... then retrieve the stored information and convert it into the currency of choice and begin a new life.

We as a Bitcoin community with a lot of talented developers, can create an online or offline solution to protect those coins, because it is all they have.  Roll Eyes
legendary
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Let's discuss more ways for Bitcoin to help these vulnerable people, so that we can help them to continue with their lives.... and eventually return to their country of origin.... when the conflict are done.   

The biggest problem these refugees will face is the legality of cryptocurrencies in the country they fled to. Life will be more difficult if Bitcoin is illegal in the country because they will have limited options to carry out financial transactions. I know refugees don't always have an option but those who want to depend on Bitcoin should choose to move to crypto-friendly nations. They can organize themselves and form a Bitcoin P2P community using social media. These refugees could also partner with shops that sell basic needs and arrange to pay for products using the Lighting Network.

This is exactly what I'm talking about! Most people in poor countries, or those forced to live in a conflict zone, are unlikely to own assets such as Bitcoin. If a person has money, he can easily leave a place where there are high risks to life, and live quite comfortably in another country. And what kind of assets these are, dollars, euros, bitcoin - this is no longer important, the scheme for transferring funds to a safe place is simply changing...

Only the financially stable can indeed own Bitcoin but these refugees might have relatives and friends that are rich. These rich friends or family members might want to send money to these refugees or people living in war zones. With the collapse of banks, cryptocurrencies could be an option.
full member
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If the refugee is tech savvy and a good user of cryptocurrencies, yes,  it wouldn't be any issue for BTC to help in migration to new countries.
The case for concern is if BTC is legal in the country migrated to, or it is legal but not considered a legal tender for transaction and payments.
hero member
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That refugee card is actually a good card to be used by those migrants that are not yet documented if ever they fly somewhere else that they're still in the process and don't have funds remaining but their Bitcoin holdings. While fees for the process of their migration needed to be in cash, it would be better if there will be some payment channels that will integrated with the government process for them to get easy payment for these migration processes. In finance, definitely that Bitcoin is going to be of big help to them. No need to bring piles of cash and they won't be detected if they're holding a private key somewhere on their luggages. At first, it's going to be a hectic and tough process for them but as long as they've got funds sitting through Bitcoin, everything is going to be fine. But how about those that don't hold it and will go through with the same process? This is also like having and not having money.
legendary
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Bitcoin could definitely help global refugees & migrants to relocate to new countries. The decentralised design of bitcoin could allow them to have control over their money without needing a traditional banking system. This could obviously be beneficial for refugees who could lack access to banking services in their host countries. Bitcoin's low transaction fees & fast cross border transfers makes it an attractive option for sending money across borders which could help migrants in supporting their families or funding their relocation. Bitcoin could provide financial inclusion to people who are unbanked allowing them to save, receive remittances & access financial services. It’s important to remember that adoption and infrastructure may vary in different regions & price volatility may pose risks to users.
sr. member
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Even the blockchain is transparent and the crowdfund/charity is raised by trusted intermediary e.g. president or government, there's no proof if the coins are distributed for the needs. If you're talk about the money is send to every refugees' addresses, Bitcoin address is pseudonymous and it's complicated to distribute to every refugees.
If one person (Refugee) is being migrated from one country to another then its means, government knows him/her and is providing them a chance to use BTC (if they are) otherwise this thread does not exists in the first place. And how this would be a difficult task, AFAIK, refugees if have to receive BTC they would have to fill some type of form, where they have to submit there addresses in order to receive the funds directly, or maybe some smart contract can do this work based on BTC blockchain. I might be missing the point that could cause complications but I'm all ears.
Bitcoin is not yet successfully as legal tender, it's really long way to achieve BTC can be used as a loan
I don't think to provide loan, it have to be accepted as legal tender, many companies in US are giving loans in BTC while USA does not accept BTC as legal tender.
There's no guarantee or obligation for local businesses to give discounts for the refugees, no one cares with you, that's the real reality.
It's bitter but yeah it is true and a valid point but those who wanted to do something can make some difference and would provide special discounts.
legendary
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The problem in relocation for most of these refugees is not money, but rather opportunity. And as long as the government does not give them the opportunity to relocate, there will not be any need for Bitcoin in securing transport/housing/living costs anyway. But if they have the opportunity, then Bitcoin is obviously the currency of choice to take with you. No bank middlemen who refuse to pay your money out, no third parties demanding any rules of you before you can transfer your funds to a different country and no fear that someone will rob you at gunpoint. Unless you brag about your Bitcoin holdings, but if you do that then you are just asking for it.
sr. member
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why are there so many immigrants? It's all because the government in their country of origin is unable to eradicate the poverty they experience, for example, several countries on the African continent every year have many immigrants who go to the European continent, in this case they are not wrong, they just want to change their fate and if bitcoin becomes a global currency then I am sure we will no longer see inequality in various countries, all prices will be the same, and people's purchasing power will also be the same. Bitcoin is a solution for countries that have a low currency value when compared to the dollar.
hero member
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We are seeing conflict in many countries all over the world and many of these people are fleeing their country of origin, because they are going to war and their local currency and economy are collapsing.

The question is..... Can Bitcoin help these refugees?

We know that Ukrainian Banks closed their doors, when the first bombing started and most Banks do this when there are a possibility of a war. So how do people get their money out of the "Banking" system, when Banks close their doors?
Of I may ask.. Who cares to go to a bank during a war? Nobody... Because what happens in periods like this is what we call "survivor of the fittest" where only those who has the strength enough gets the limited food supply found available during the war, as fiat currency are most times always useless during a war, since what everybody is talking about is how to survive, and not an ordinary bank notes.

But however, how Bitcoin could help refugees in times of war like this is that with Bitcoin been a globally recognize digital currency, Bitcoin can be used as a medium for receiving funds from family and friends quickly living in far away countries, and can be exchange through a merchant to the very currency of the country those refugees happen to find themselves.
legendary
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Usually people own Bitcoin is rich, even they're live in a conflict country, they can fly to other country before the war happen.

Refugees who stay in the country during war are poor or middle class which mostly not own any Bitcoin nor even understand it.

This is exactly what I'm talking about! Most people in poor countries, or those forced to live in a conflict zone, are unlikely to own assets such as Bitcoin. If a person has money, he can easily leave a place where there are high risks to life, and live quite comfortably in another country. And what kind of assets these are, dollars, euros, bitcoin - this is no longer important, the scheme for transferring funds to a safe place is simply changing...
legendary
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keep walking, Johnnie
We are seeing conflict in many countries all over the world and many of these people are fleeing their country of origin, because they are going to war and their local currency and economy are collapsing.

The question is..... Can Bitcoin help these refugees?
I would say not just “maybe,” but bitcoin is a must-have in such cases. For several reasons.

- in many countries there are limits on the export of cash from the country.
- banking transactions may be limited, prohibited, and also, banks themselves may simply freeze any withdrawal of funds from a personal account by order of local authorities (in order to avoid the withdrawal of capital, which “destroys” the local economy).
- bitcoin is easy to take out and transport, because you don’t even need “rubber bands for banknotes” for this. Smiley And also, bitcoin is easy, quick and cheap to send anywhere in the world. For example, refugees may send this "forward" themselves to their relatives, so as not to risk loss during the move.
 
We know that Ukrainian Banks closed their doors, when the first bombing started and most Banks do this when there are a possibility of a war. So how do people get their money out of the "Banking" system, when Banks close their doors?
In order not to find yourself in such a difficult situation, need to prepare in advance by withdrawing all funds from banks, or even better, by not making deposits in banks at all. You cease to be the owner of your money by giving it to banks. Whoever can manage, control, own is the master / owner. Simply, you lose control, which means you cease to be the actual owner, if the bank may simply not give up your money.

We also know that the Banking system are reluctant to open Bank accounts for foreigners or refugees in the country where they end up.

"In April of this year, Binance Charity launched the first-of-its-kind Binance Refugee Card for all current and new Binance users from Ukraine forced to move to EEA countries as a result of the war with Russia, the card and crypto-based cash assistance helped 15,000 Ukrainian refugees and internally displaced people." - Source : https://www.binance.com/en/feed/post/93305

How can Bitcoin help these people to relocate and continue with their lives in a new country?

1. Brainstorm "safe" methods to convert Fiat to Bitcoin
2. Provide offline and online cold storage solutions to protect their coins.
3. Provide an easy on-ramp to convert Bitcoin to Fiat and the other way around for refugees.
4. Offer reliable and trustworthy P2P services for these vulnerable people, when they arrive in a new country.
5. Keep the transaction fees at these services as low as possible, to give them more money to start a new life.

Let's discuss more ways for Bitcoin to help these vulnerable people, so that we can help them to continue with their lives.... and eventually return to their country of origin.... when the conflict are done.   
And there are no other methods special for vulnerable people and are not required. It is enough to use the basic capabilities of the bitcoin that are already familiar to everyone.  Bitcoin provides equal opportunities for everyone.
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I think Bitcoin can definitely help global refugees and migrants, where such refugees are helped by various organizations around the world through fiat currency, I think these activities can be carried out better if they get the accessibility of Bitcoin. However, there are many obstacles that many fraudsters will try to take advantage of the Bitcoin decentralized system.
And in this case many times people get confused and send funds to scammers. For this, if the trusted organizations that help these refugees accept Bitcoin, then I think the main purpose will be properly accomplished. otherwise I think our donated funds may go away to scammers. Also, if the internet connection is not cut off in the refugees' place, I think Bitcoin can definitely help.
hero member
Activity: 1204
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When life gets hard BUY Bitcoin!
Hamas and other terrorist use cryptocurrency to fund their war. I think Bitcoin can help refugees too but not a direct P2P but rather through a NGO since it will be very hard to convert that Bitcoin to Fiat when is closed.

We are assuming here worst case scenario which internet and banks is not available for everyone especially those heavily affected by the war. NGO is vital in times like this since they have access on financial tool outside the war country while they can freely enter to distribute funds.
legendary
Activity: 2086
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Let's discuss more ways for Bitcoin to help these vulnerable people, so that we can help them to continue with their lives.... and eventually return to their country of origin.... when the conflict are done. 
As far as I know, there are crypto exchanges that can be used in several countries, for example, if you live in India and you move to Singapore, you can still use the Electrum wallet or Unstoppable wallet and so on to store your assets, but you cannot withdraw crypto to fiat, crypto must be cashed in the form of fiat money based on local exchanges.

Thus, if you can register on the local exchange where the country was last occupied/displaced, Of course you can still develop the economy in the next country with the assets you own or to cash out crypto to fiat you can ask for help from friends in that country.

So if a country is at war or crypto users have to evacuate in general, you still have hope for your economic growth in the next country with the Bitcoin assets you own.
hero member
Activity: 546
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Even they have money, isn't they aka every people including civilians need to fight and not leave their country?

Don't link Bitcoin with banks, we can trade via P2P, so they can do that too.

So the question is rather whether this part of the population has bitcoins ?
Usually people own Bitcoin is rich, even they're live in a conflict country, they can fly to other country before the war happen.

Refugees who stay in the country during war are poor or middle class which mostly not own any Bitcoin nor even understand it.
sr. member
Activity: 2324
Merit: 454
It sure can, but I think not all of them has the privilege to obtain Bitcoin.

I mean, even if they have the power to do so, it would be better if they are open minded enough to have such thing just in case a war would happen. But let's be honest, not all of the people are looking forward for a war to happen, that's why they don't prepare themselves, in the end, they always having a hard time how to get themselves safe in an easiest way as possible.

They're lucky if their government always act in haste if something bad happens, too bad if their government doesn't even prepared at all.
legendary
Activity: 3752
Merit: 1864
We are seeing conflict in many countries all over the world and many of these people are fleeing their country of origin, because they are going to war and their local currency and economy are collapsing.

The question is..... Can Bitcoin help these refugees?

We know that Ukrainian Banks closed their doors, when the first bombing started and most Banks do this when there are a possibility of a war. So how do people get their money out of the "Banking" system, when Banks close their doors?

We also know that the Banking system are reluctant to open Bank accounts for foreigners or refugees in the country where they end up.

"In April of this year, Binance Charity launched the first-of-its-kind Binance Refugee Card for all current and new Binance users from Ukraine forced to move to EEA countries as a result of the war with Russia, the card and crypto-based cash assistance helped 15,000 Ukrainian refugees and internally displaced people." - Source : https://www.binance.com/en/feed/post/93305

How can Bitcoin help these people to relocate and continue with their lives in a new country?

1. Brainstorm "safe" methods to convert Fiat to Bitcoin
2. Provide offline and online cold storage solutions to protect their coins.
3. Provide an easy on-ramp to convert Bitcoin to Fiat and the other way around for refugees.
4. Offer reliable and trustworthy P2P services for these vulnerable people, when they arrive in a new country.
5. Keep the transaction fees at these services as low as possible, to give them more money to start a new life.

Let's discuss more ways for Bitcoin to help these vulnerable people, so that we can help them to continue with their lives.... and eventually return to their country of origin.... when the conflict are done.   

1. You cited, to put it mildly, the erroneous opinion that "Ukrainian banks closed their doors after Russia's terrorist attack on Ukraine".
Perhaps some banks did so, but the largest banks continued to operate. Work was stopped only in the territories that were occupied and looted.
Moreover, the key banks of Ukraine canceled the accrual of interest for the use of loans to individuals (for a considerable time, the interest for the use of credit funds was not accrued), removed penalties for non-payment of loans....
The work of processing did not stop, cards and accounts were serviced, including - ATMs and bank branches.
This is the reality, I speak as a resident of Ukraine, who did not leave Ukraine

2. regarding "bitcoin can help". If refugees have savings in bitcoins, have access to them and the necessary data - of course it will be useful, and safer than keeping a bunch of cash or bank cards. The question is whether refugees have bitcoin savings. I honestly haven't heard that refugees from the Middle East, and/or Africa coming to the EU for example, use cryptocurrencies frequently and actively. So the question is rather whether this part of the population has bitcoins ?
legendary
Activity: 3094
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Ukrainian banks set some restrictions at the beginning of the full-scale invasion, but bank cards continued working (except for areas where electricity and/or internet was/is out due to Russian attacks), and banks totally work in Ukraine.
Binance was very kind to suggest financial aid for some Ukrainians, but that's an initiative of a specific business, it's not really a Bitcoin thing. So yeah, crypto businesses and charities can be helpful, but Bitcoin itself is just sometimes useful for things like beating inflation or relocating because it's digital and independent of fiat.
hero member
Activity: 602
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I like the points you made OP. Because I also think that Bitcoin can help refugees or anyone who wants to flee or leave their country which is experiencing a humanitarian crisis or is at war. Carrying cash in person may be very dangerous. So converting it to Bitcoin will indeed be much safer. Because control is completely in our hands. Apart from that, with Bitcoin it will also be easier for us to access it as long as there is internet. Especially if the banks are closed. So as long as we can transfer money from our bank account digitally, we can convert it to bitcoin. But we also have to make sure that we use a safe wallet. And have stored the private key safely.
hero member
Activity: 910
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Not Your Keys, Not Your Bitcoin

How can Bitcoin help these people to relocate and continue with their lives in a new country?

1. Brainstorm "safe" methods to convert Fiat to Bitcoin
2. Provide offline and online cold storage solutions to protect their coins.
3. Provide an easy on-ramp to convert Bitcoin to Fiat and the other way around for refugees.
4. Offer reliable and trustworthy P2P services for these vulnerable people, when they arrive in a new country.
5. Keep the transaction fees at these services as low as possible, to give them more money to start a new life.

Let's discuss more ways for Bitcoin to help these vulnerable people, so that we can help them to continue with their lives.... and eventually return to their country of origin.... when the conflict are done.   

This is a very tight question I must say, I have not experienced war since the first day I breathed in air to life but I have read and watched how countries have turned enemies against each other. But to the best of my digital banking and commercial experience, I think there are various methods bitcoin can be easily converted to fiat either a decentralized or centralized manner but since centralized exchanges are mandated to block some IP addresses of some regions, it's better to use decentralized p2p.

If refugees seek a new place of their comfort zone, the first thing after having a place to stay for a while is to get a bank account that can at least accept some deposit of money, they can make use of hodlhodl, we have others like BISQ, Agrodesk, they don't request for KYC, they can simply set up an account on these exchanges and when they have Bitcoin to sell, they can do so using these exchanges. To avoid locking the accounts, they should make sure that the amount to be received does not exceed the maximum limit of the account types they opened, I'm saying this because banks are funny, they can limit them with basic accounts since they are refugees.

I think with this, they can endure until everything settles. Concerning banks that are not working, I believe most commercial banks are now digital, there should be some places within the country of affected people to have access to ATM machines, they can use their debit card to have access to the needs.
legendary
Activity: 2506
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Bitcoin will help those who want to help and those who have the financial ability to invest in the long term or trade professionally in the short term. It is not a lottery or something that will bring you a quick profit with just the click of a button.
It is true that there is a possibility that you will win the lottery, but even obtaining a million dollars will not make you rich for the rest of your life. Many of those who obtained this amount returned to poverty after less than 10 years, so financial knowledge is necessary and important.

This does not only apply to individuals. Even oil-producing countries that did not improve the exploitation of their resources have become poor, including Chile or Venezuela.
The summary of what I want to say is that even if people and governments adopt Bitcoin, without proper planning, adoption will not make a difference.
legendary
Activity: 1638
Merit: 1156
But BTC blockchain can avoid that corruption as every transaction will be recorded and can be used to track the amount if it reached to the real owner.

Governments can help them by giving some loan in the form of BTC

Local businesses should give discounts to these migrants on buying things with BTC directly.

If the country giving place to migrant don't have huge resources (funds) then Bitcoin can be used to raise funds for those refugees. Everyone wanted to donate money can send money from anywhere in the world.
Even the blockchain is transparent and the crowdfund/charity is raised by trusted intermediary e.g. president or government, there's no proof if the coins are distributed for the needs. If you're talk about the money is send to every refugees' addresses, Bitcoin address is pseudonymous and it's complicated to distribute to every refugees.

Bitcoin is not yet successfully as legal tender, it's really long way to achieve BTC can be used as a loan

There's no guarantee or obligation for local businesses to give discounts for the refugees, no one cares with you, that's the real reality.

And for the last I'm 100% agree because sending Bitcoin is cheaper, faster and easier than through banks.
hero member
Activity: 728
Merit: 512
It's true that the traditional banking system for close their doors to their customers in times of conflicts or war and rationally I won't blame them for that they do so for their own safety and that of their workers who are humans too. But while they keep their doors close internet banking services open for use by customers. A wise customer will quickly take the favoured position by buying bitcoin through any reputed exchange platform, supposing they don't have an existing account they can immediately open one and run the transfer through p2p and send the coin to their selfcustody wallet as simple as that before things escalate to the extend internet services are shutdown.

In the event they leave their war zone and settled in other country as refugees they can at any time find a physical buyer that will be interested to buy their bitcoin and give physical cash at hand since almost everyone now has crypto awareness. In times of war the faster you make smart and strategic decisions concerning your finance the safer ground you find yourself having access to your money at ease while your counterparts are lockout.
sr. member
Activity: 2380
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Eloncoin.org - Mars, here we come!
Bitcoin is the same as gold probably even more valuable while comparing each other. I would say it is not really gonna be useful at the war times but if you are in such a region or anywhere in the region and you are saving money for future then better keep it on something that will be worth anywhere in the world for example gold, silver, bitcoin and this is why having movable asset is important.

How can Bitcoin help these people to relocate and continue with their lives in a new country?

1. Brainstorm "safe" methods to convert Fiat to Bitcoin - Bitcoin ATMs and P2P exchanges.

2. Provide offline and online cold storage solutions to protect their coins - Educating them about taking responsibility of their own money such as Paper wallets/ offline storage where most of the cryptos have to be there and online storage a small portion of it.
legendary
Activity: 1582
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If you can send Bitcoin directly to anyone in the world without the need for Binance, why do you need Binance Charity, which is the Binance card for refugees? If the person accepts Bitcoin, send the amounts directly to him or to his account in Binance and he will give you cash or a bank transfer, or even use it directly to pay for some goods and services. Such as buying coffee or renting a car. bitcoin can do that
sr. member
Activity: 1204
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Let's discuss more ways for Bitcoin to help these vulnerable people, so that we can help them to continue with their lives.... and eventually return to their country of origin.... when the conflict are done.    
You have pointed out some good points and yeah Bitcoin can help global refugees and migrants affected by wars or any other kind of disasters. I was not aware of the Binance refugee card, thanks for sharing it.

1.I would say, you missed the biggest role that Bitcoin Blockchain plays here and that is of transparency. In most of the cases charity funds given to refugees is just stolen by some middlemen or there are some huge illegal deductions in the amount by the distributors and the refugees can't do anything at all instead of taking that money and make a living with that.

But BTC blockchain can avoid that corruption as every transaction will be recorded and can be used to track the amount if it reached to the real owner.

2.Government giving refugees a place to live should allow them to start some micro level business so they would not depend on the funds for there life. Governments can help them by giving some loan in the form of BTC

3.If the country giving place to migrant don't have huge resources (funds) then Bitcoin can be used to raise funds for those refugees. Everyone wanted to donate money can send money from anywhere in the world.

4.Local businesses should give discounts to these migrants on buying things with BTC directly. But first there are not that much business around accepting BTC as payment method so they should first do that. Make it a payment method.
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
We are seeing conflict in many countries all over the world and many of these people are fleeing their country of origin, because they are going to war and their local currency and economy are collapsing.

The question is..... Can Bitcoin help these refugees?

We know that Ukrainian Banks closed their doors, when the first bombing started and most Banks do this when there are a possibility of a war. So how do people get their money out of the "Banking" system, when Banks close their doors?

We also know that the Banking system are reluctant to open Bank accounts for foreigners or refugees in the country where they end up.

"In April of this year, Binance Charity launched the first-of-its-kind Binance Refugee Card for all current and new Binance users from Ukraine forced to move to EEA countries as a result of the war with Russia, the card and crypto-based cash assistance helped 15,000 Ukrainian refugees and internally displaced people." - Source : https://www.binance.com/en/feed/post/93305

How can Bitcoin help these people to relocate and continue with their lives in a new country?

1. Brainstorm "safe" methods to convert Fiat to Bitcoin
2. Provide offline and online cold storage solutions to protect their coins.
3. Provide an easy on-ramp to convert Bitcoin to Fiat and the other way around for refugees.
4. Offer reliable and trustworthy P2P services for these vulnerable people, when they arrive in a new country.
5. Keep the transaction fees at these services as low as possible, to give them more money to start a new life.

Let's discuss more ways for Bitcoin to help these vulnerable people, so that we can help them to continue with their lives.... and eventually return to their country of origin.... when the conflict are done.   
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