Lol! No! Crypto has literally nothing to do with the Russia - Ukraine conflict. Just like any other good community, the crypto community is doing their part to help affectes people. That's it!

World's first crypto war - is completely unrelated and makes no sense at all! It's a war to maintain Russia's sovereignty against the NATO and US aggression. Ukraine has now announced that they will not join NATO. Hopefully the war situation will now normalize.

Can't agree more! Europeans are by nature racist. There are definitely exceptions but I have seen hardcore racism in countries like Poland and Romania where I had visited them for international process transitions for my employer. In Poland, the trainings used to happen in polish and we used to have an interpreter. But while writing emails, it was always in English which proves the trainer knew English but never chose to speak to make it easier for me and my team.

I am sure not all Europeans are like that, especially in UK and Germany.  But recism and discrimination is real in Europe. Anyone who had visited them from Asia for work purposes, will surely agree with me!

Lol! Visa and Mastercard has banned their services in Russia and that's why Binance has no choice but to reatrict visa and Mastercard for their Russian clients. It's not a choice of Binance, rather it's a part of the ongoing sanctions.

Please change the thread title to correct the perspective. Otherwise it sounds like Binance has banned these all, which is obviously not true!

If your context is the current war between Russia and Ukraine, then have a look at the news below,

https://www.thelocal.dk/20220303/danish-government-likely-to-exempt-ukrainians-from-controversial-refugee-jewellery-law/

What you have suggested is definitely helpful for people who don't want to fall prey to such a demonic and inhuman legal provisions. Cryptos can certainly help here!

No matter what CZ says, it needs to be noted that CZ denied blocking Russian accounts from Binance through a rightful decision. So not sure why he thinks that cryptos can't help Russia evade the sanctions.

Russia can certainly try this. But considering the global sentiment is against Russia right at this moment, it may not be beneficial for them. Their internal economy can be supported by cryptos but the global trade won't go through crypto route.

Yes, gold price is increasing and silver is also following the same pattern. However, it slightly differs from country to country. It also depends on the form of gold you have used and sold. If you had paper gold, you might have enjoyed the complete price without any making charges. However, if you had physical gold, making charges has been deducted from the final price. That's a common practice, at least in my country.

Bitcoin is definitely a good choice for the people affected by war! But considering its volatile nature and also limited acceptability is probably keeping the people away from it. Rather they are looking into gold and other metals for capital safeguard.

When the king moves, his sidekicks are supposed to move to the same direction. That's exactly what happens in the crypto market as well. Bitcoin is undoubtedly the king of the crypto market and enjoys the first mover advantage. It's the same thing happening for ETH as well for the smart contract capability.

Don't we have better, faster and cheaper coins available in the market. We definitely have a lot better coins but no one was able to beat bitcoin in any way.

With your budget, buying bitcoin is an one time affair. But buying mining rigs will become a recurring expenditure for you. So if you are willing to manage this day to day operations of bitcoin mining, buying mining rigs will be better.

However, if you don't want to go through all thise hassles of bitcoin mining and don't want to pay recurring money towards hige electricity bills, buying bitcoin makes more sense! So there's no straight forward answer available. It all depends on your situation.

As a government you would also hate things that you can't control. That's the simplest explanation why governments hate digital currencies decentralized in nature. They can't control its creation, its circulation, its usage and moreover they can't track the transactions. So there's no way for the government to love such a technology that takes back the power from their hand and gives it to their citizens. It's no fun for the government and especially the central banks.

From the adaptability perspective, a global crypto debit card will bring in convenience in the entire ecosystem. However, the crypto community is very conscious about KYC and similar things, so to launch a global scale crypto debit card, may not get much traction among the bitcoin puritans.

However, personally it will be a great convenience for me because everytime I want to use my bitcoins, I have to first convert it to fiat and then use it. So if there's is not KYC and the card is prepaid in nature, I would love to use one for my convenience.

Regulation is inevitable! It will come our way sooner or later, but we won't be able to avoid it in any way! Now there is a difference between regulatory action and regulation. Right now, the crypto has reached to a position where regulatory action seems quite unlikely. Rather we will have some sort of framework and regulations available for all of us to adhere to. Definitely it can't have a holistic effect but IMF and international bodies will try to bring as much population as possible within the regulatory framework.

I believe that will be good to some extent for the growth and adaptability of cryptocurrencies in long run. But yes, people may not like regulations around KYC or taxation. But not all regulations are user friendly in it true essence. So we will have to see when it will come. But it is inevitable!

Lol! These kind of statements actually becomes the laughing stock for the community. If I am not wrong, CME group runs a derivative contract that is not backed by physical bitcoins. It just uses bitcoin price as an indicator without actually holding any bitcoins. Greyscale is the one actively invests in bitcoin.

Whenever I see such discussions about Satoshi's identity, I just think of one question - what will you do with Satoshi's identity?

Let's assume, suddenly one day Satoshi makes an appearance with proper proof. What will you do after that?

Bitcoin can support Russian economy  - possible!
Bitcoin can replace Rubble - impossible

It is very much possible for Russia is adopt bitcoin post war days to take its economy back in track due to various sanctions. They can even encourage mining activities within their territory to fight the bad times.

But if there is a question of replacing rubble, that's not going to happen! Russia has several resources available that are valuable to the rest of the world. So Russia can simply stop accepting any other currencies except Rubble for any export.

Western countries are eager to impose ban on Russia in whatsoever manner possible! This sports ban is just a part of it! There are obviously many countries who are not willing to play with Russia or keep any association with them at this moment. But do you think Russia deserves this?

If invading to Ukraine is the reason, US should have been banned from the world for invading Iraq and Afghanistan. Look at those countries now, they have completely collapsed due to the aggression from US which was initiated in the name of war against terrorism. Today's Russian attack on Ukraine is happening as NATO wanted to include Ukraine in their group despite not being eligible.

Can't disagree! There is a huge possibility for the Russian people switching their savings to alternate investments like Gold or cryptos. We have see buying pressure in the crypto market since last couple of day. While it is impossible for us to guess if the volume is coming from Russia or Ukraine, but people are buying bitcoins for sure. What will happen after the war, only time will tell. But consider the fact that Russia supplies 30% of Europe's natural gas, so it's not as easy as it seems! 


I don't see NATO entering Ukraine after the war because the chances are very high that Ukraine will become a part of Russia and will be controlled by Russian military. I know this is not the most favorable outcome that we all want, but can't deny the fact that Russia is far more powerful than Ukraine. Also now since US said that they will refrain themselves from the war, it's highly unlikely for Ukraine to get NATO protection. There's a lot to unfold. Please wait and watch!

We can already see the effect of the western countries on Russia. But considering the fact that Russia supplies almost 30% of Europe's natural gas, it won't be easy to break them. Also you will have to consider that Russia is a big exporter of weapons. So no matter whatever sanctions are imposed on them, Russia will find its way out! May not be quick but definitely possible in long term.

A war is unacceptable in 21st century but there are some open questions,

1. Why NATO is interested in including Ukraine into their alliance where Ukraine doesn't meet the eligibility criteria?
2. Wht Ukraine suddenly started demanding 3 billion dollar as rent to gas pipelines going through their country?
3. Why Ukraine suddenly became interested in becoming a EU member after Russia started invading their country?

We are only seeing the one side of the coin. We need to see the other side as well.

Don't plan to hold NFT token ever! They are not worth your time! If you can, rather trade on them to make quick money and move out from such token. You are correct in saying that NFT is hype and I agree on the same. The entire NFT market is based on hype so you shouldn't hold any such investments.

If you are thinking of coins that you can hold for long term, head over to CMC and invest in top 10 coins. They are worth holding for longer term.

It's a straight forward copycat website of original bustabit in various aspects. The similarities have been pointed out by Logfiles.

Regarding the licensing perspective, I see Bustabitwin is not a part of the licensed Bustabit fraternity which can be checked from the below link,

https://www.bustabit.com/license.txt

Being a frequent player of Bustabit, I wouldn't fall for 100% deposit bonus! Also it seems the admins knew that they are going to get a fair bit of criticism. That's new!

So do you mean to say that these donation requests are fake and not initiated the your government? Is it possible for you to get a confirmation to the community members? Otherwise the money will go to a scamster and no real help will reach to the people of Ukraine. try to get a confirmation please!

What is happening in your country, is completely unacceptable in 21st century. Such kind of invasion used to happen during middle age and it's a heinous act by Russian military and most prominently, Putin. There is something called Karma and it will be served at the right time.

If Binance does it, the whole purpose of cryptos will be defeated. Crypto is supposed to provide us with an unrestricted access to our wealth. If Binance blocks access of a particular country, it will earn them a bad reputation.

I am sure Russian common population do not want war so they should not be the sufferers. Also CZ is a Chinese person by origin and China is one of the biggest supporters of Russia. That might be another reason for not taking any action.