Bitcoin Forum

CRYPTOCURRENCY FUELING A NEW FUTURE FOR UKRAINE

In Ukraine, a county bearing the brunt of rampant corruption and still trying to find its footing after a revolution, a growing number of citizens are turning to cryptocurrencies to get back on their feet. After the collapse of the Soviet Union in 1991, many Ukrainians watched in dismay as much of the area’s wealth and infrastructure made its way into the hands of a select few. Today, these oligarchs control their wealth through physicalRead MoreThe post Cryptocurrency Fueling a New Future for…

Read more: https://www.trackcoinmarket.com/en/crypto-news/33312/cryptocurrency-fueling-future-ukraine

Not just for Ukraine but for a large part of the world,cryptocurrency is spreading across Africa, Asia, Middle East, America ETC..

it's quick growth is down to the fact that it puts control in the hands of its users and investors and away from the government..
Ukraine happens to be a country usually bedevilled WIth crisis due to the high handedness of its leaders,and also it's corrupt practices,so the presence of cryptocurrency in such a nation will be of immense and huge benefits to the teeming populace.

But hopefully cryptocurrency would be allowed to stay in the country and citizens of that nation will be able to trade in cryptocurrency and make a living of it

This is the first time I read, when Ukraine has received crypto currencies including bitcoin, Ukraine has followed in the footsteps of some of the most respected countries that have already legalized bitcoin and other crypto currencies in their country.

The introduction of bitcoin to the world was not that this as from the very beginning bitcoin is very potentiating crypto currency but it is very hard to digest for most of the people that how could one investment be so profitable so they started calling it a scam or a bubble that would burst soon but then they saw some people becoming billionaires with bitcoin then after that people started understanding the potential of bitcoin and now millions of people around the world are investing into bitcoin and bitcoin has bring revolutionary change in economic world and no doubt in any country it will legalise, it will boost the development of that country.

It is a large country but still relies on russia for things like gas. A new project called suretly will be released there soon allowing people to take loans using crypto, this might help the economy

Good points. I agree with the countries that you mentioned. Africa is one of the biggest examples of how cryptocurrencies are changing lives for the better and it is good to see more and more countries following in their footsteps.

I am sad to see big countries like India and China avoiding cryptocurrencies which goes to show that they are afraid of embracing newer and riskier technologies slowing their development. Cryptocurrencies are here to stay no matter what any government says.

The cryptocurrency phenomenon is sweeping everywhere. It seems Ukraine has now joined the league of countries where cryptocurrency is booming very well. This is a very lovely thing. Maybe cryptocurrency can help the country out.