Topic: Crypto in war ukraine and russia - page 3. (Read 549 times)
Crypto played a major role in the Russia-Ukraine war, as Ukraine collected tens of millions of international donations from crypto, and Russia used cryptocurrencies to transfer money while bypassing traditional financial channels, and as a result, crypto has become the hero of this war, as it is not under the control of any central authority, and Bitcoin has witnessed a noticeable rise since the Russian invasion of Ukraine due to the purchasing support it received from both sides.
There's no negative impact at all in fact Ukrainian's decision to ask for donations in Crypto gives positive feedback directly promoting the use of Cryptocurrency even if you are not aware of your existence you will do research to donate Crypto to Ukrainian, the economies of both countries will be in ruin but the huge damage is on Ukraine, the Russian will feel the isolation in the coming months because of the boycott, I have this feeling that this war will drag on for several months.
Crypto showed both the good side and the "bad" side to the world. Because of Ukrainian donations, people saw the good side. You could use crypto to donate to a good cause all the way over another continent and help people, someone from Japan and USA and Canada and Nigeria all people could donate to Ukraine. That's the good part of crypto, you could be anywhere in the world and send money anywhere in the world. However, the bad part was the fact that you could actually end up with helping others.The "bad" part is that Russia has sanctions and that means people can't move money around in official fiat systems, so they use crypto to move their money around. That's by nature and that is not a bad thing for us, but the governments that put those sanctions see this as a bad thing, which is understandable because people who they do not want moving their money around end up moving their money around thanks to crypto.
At first, I observed a wild correction, but after a number of sanctions, it seems to me that many people moved to the crypt and apparently this became the starting point for a takeoff, and the market quickly stabilized.In any case, war is bad, and it will not lead to anything good.
I heard that Russia was already developing and readying a crypto payment project before the war with Ukraine. For that reason I think that any situation on the Russian side is dominating and the due diligence for battle preparation is in advance. The bundle is not a gamble for Putin and his administration. But Peace will come, they will need to negotiate some components. Unfortunately, bitcoin also appears to be on the fringes of the war, and that is how crypto represents its macro importance.
https://cryptobriefing.com/binance-kraken-refuse-ukrainian-ministers-request-to-freeze-russian-accounts/
This is good information, because Crypto users from Russia can do trade normally.
I think the Russian economy is still normal because the government can do anything for the welfare of its people, crypto is an important part of cross-border transactions, this is what is happening at the moment.
This is good information, because Crypto users from Russia can do trade normally.
I think the Russian economy is still normal because the government can do anything for the welfare of its people, crypto is an important part of cross-border transactions, this is what is happening at the moment.
It will be hard for Ukrainians to get crypto at this time because of what's happening in their Country! Cryptocurrency however could be a saving line for those who want to preserve their wealth and cash! The Ukrainian are becoming refugees by the day and I hope some of them take Cryptos with them! Now we can see the importance of border less, permissions less alternative to cash!
In a combat area this will be very difficult indeed. Currently there is still a fairly small proportion of the country in active combat. This shows the importance to prepare for such a case in advance. The best is probably to diversify into different assets such as cash/bank balance/crypto to be ready when or if such a case happens.
Let's call for a stop war, so that it ends soon. I hope that the good news of peace will come soon, lest it escalate hostilities between other countries defending Ukraine or Russia, thereby triggering an increasingly large war involving many parties. look at the impact that beautiful country is now destroyed people are now shaken in fear by many deaths, there is no good impact from war hopefully crypto can give good things
The war in Ukraine will affect not only affect sanctioned Russia, it will affect finance sector and buy extension cryptocurrency market, couple with the fact that cryptocurrency is already in bear season. I think we should get ready for the worst as we take opportunities that come with it!
But as a result of this war, Ukraine is collecting donations through crypto, which is also the promotion of cryptocurrency around the world. Because when this war is over, the positive effect will be seen in the market. It is still difficult to predict whether the market trend is moving towards bear market. When President Putin announced the start of the war, the news market had a huge impact, but the market recovered a lot from that situation. But now the market is looking bad, maybe in the coming days the market will decide its next trend.
It will be hard for Ukrainians to get crypto at this time because of what's happening in their Country! Cryptocurrency however could be a saving line for those who want to preserve their wealth and cash! The Ukrainian are becoming refugees by the day and I hope some of them take Cryptos with them! Now we can see the importance of border less, permissions less alternative to cash!
What is the impact of the current Ukraine and Russia war on Crypto? With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts. I hope the war ends soon, peace is beautiful
Indeed, the war between the two countries will have an impact on the global economy. But so far I haven't seen any negative effects on crypto, even crypto prices are still holding up from their previous prices. Indeed there are open donations via crypto for ukraine, even Binance did that.
actually at the beginning of the war between Russia and Ukraine it had an impact on the crypto market but it didn't last long,
What is clear is that I hope this war can end soon and can be peaceful as before
After one week war begin still not any words of this war between Russia and Ukraine will be ended in short time later, exactly situation more terrible right now and not any have association how to make both country stop war, although still not any impact with bitcoin right now but if war keep continue I think have bad thing for bitcoin can dump. Maybe many people from both country between Russia or Ukraine as large investor on cryptocurrency and they have to sell assets faced war situation and keep a life.
Many are now just buying cryptocurrency as national currencies are falling.In Ukraine, the hryvnia is still holding and has not suffered much.The situation with the ruble is much worse, there are sanctions and there are a lot of them.Other countries are helping Ukraine.Even economists with extensive experience cannot predict what will happen next. Just wanna know how long this country will try to attack ukraine.
The duration of this war depends on how long it takes President Putin to destabilize the military department of Ukraine which have been his first intention why he invaded the country. I wish that Putin withdraws now that it's still early before Russia will face a bigger damage in her economy.
Putin carried out the Russian military invasion of Ukraine. As a result of Putin's military maneuvers, Russia's economic growth has the potential to immediately drop to lower than the projected economic figure of 2.8 percent in 2022 compared to 4.5 percent in 2021, if without war.
I don't expect Putin to back down, but Putin is ending his military invasion right now.
What is the impact of the current Ukraine and Russia war on Crypto? With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts. I hope the war ends soon, peace is beautiful
Indeed, the war between the two countries will have an impact on the global economy. But so far I haven't seen any negative effects on crypto, even crypto prices are still holding up from their previous prices. Indeed there are open donations via crypto for ukraine, even Binance did that.
What is the impact of the current Ukraine and Russia war on Crypto? With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts. I hope the war ends soon, peace is beautiful
Banning Russie civil people accounts are denied by Binance because they are innocent and this will have bad impact on crypto also.This war put very bad effect on whole market as well as crypto Russian stock market see world best dump. Hope to end this war in prace.
After one week war begin still not any words of this war between Russia and Ukraine will be ended in short time later, exactly situation more terrible right now and not any have association how to make both country stop war, although still not any impact with bitcoin right now but if war keep continue I think have bad thing for bitcoin can dump. Maybe many people from both country between Russia or Ukraine as large investor on cryptocurrency and they have to sell assets faced war situation and keep a life.
What is the impact of the current Ukraine and Russia war on Crypto? With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts. I hope the war ends soon, peace is beautiful
The good news is that indirectly and in the near future these two countries will legalize cryptocurrency in their countries.
However, because of these two big countries what I think is the price of bitcoin will be controlled between russia and ukraine.
If they use the funds in the wrong way, I'm sure in the long run it will have a bad impact on
cryptocurrencies and even we can actually lose cryptocurrency for good.
We know that war is not humane, I'm afraid some of them are using the power of
cryptocurrency in the wrong way for war. I love peace, hope the war will end.
What is the impact of the current Ukraine and Russia war on Crypto? With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts. I hope the war ends soon, peace is beautiful
IMO, I believe there was no impact at all, but if it has I think it's just temporary because both countries are not the top crypto players, But on other aspects, the worlds commodity prices will go up because the oil and gas supply is also affected because Russia is one of the oil and gas exporting countries and its happening now in my country gasoline price was already skyrocketed including the basic commodities that's why they should set and talk about there problems and immediately stop the nonsense war.
Not only crypto that is affected by this war such as stocks, gold and rising dollar inflation will affect the global economy. So far they are on a truce but Nato intends to provide reinforcements to the army which is making things worse between Ukraine and Russia. I hope both parties will reconcile soon
What is the impact of the current Ukraine and Russia war on Crypto? With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts. I hope the war ends soon, peace is beautiful
The impact of Ukraine's war with Russia will not only affect cryptocurrencies, but on all fronts. The impact on cryptocurrencies may be market conditions that fail to rise. But the impact on another sector that is more real and very worrying is human psychology.The falling market can recover again, but when the human mentality as market participants falls, it is difficult to recover.
Hopefully the war between Ukraine and Russia can end as soon as possible.
There are big impact will be face both of countries, Russia already getting a several sanctions from USA and others countries, even Russian a few banks are banned from SWIFT, Definitely it will big impact in Russia's economy. I don’t think this war will be end soon even can be world war 3, many people’s are thinking that.
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