Bitcoin's role in geopolitical conflict zones

[XXKK-Exchange]

Yes, Bitcoin can be used in situations like that, and people actually have used it to send donations to conflict zones. Its borderless nature makes it possible to bypass traditional banking restrictions, which is really valuable when normal payment channels are blocked. That said, it’s important to use trustworthy organizations and wallets, because scams can happen even in humanitarian efforts.

[Kelward]

Bitcoin plays important role in countries that are in conflicts and wars like the Russia, Ukraine, war, it is decentralized and borderless. Bitcoin doesn't take sides so you can't say that your enemy or it's allies owns it, anybody can send and receive it without having to proof allegiance to any conflicting sides. This is a major benefit of owning Bitcoin it gives it's holders privacy and freedom, when you send it the same thing is also applicable to who receives it in a none custodial wallet. Bitcoin unites holders who wants anonymity without the interferences of any third parties

[pancelot]

Of course you can transfer coins into any valid wallet address, but the real question is - Can the owner of that address access the coins, and can he use them?

I agree with @Jet Cash, most people know about bitcoin, but not everyone understands the mechanism of how to use it, how to find out the wallet address, how to convert it to local currency, maybe the average person in this forum is sufficient and understands how to use it, but not everyone understands, if it is for donations, of course, there is a forum that collects and accommodates it.

[DubemIfedigbo001]

There are a lot of wars and conquering happening in the world. Some more well known than others. But all have people suffering. No matter from which side. But I got curious how could bitcoin play in such situations if there are conflicts happening in a specific area knowing that bitcoin is not governed by anyone and is borderless so it can reach other countries even if the authorities won't let usual transactions. Say if you wanted to send a donation to the Ukrainians for example, can you use bitcoin to do it? Has anyone tried it?

Bitcoin is decentralized, it doesn't matter where the person is as long as he has a valid address, the coins would be sent successfully to that address. The serious case now is that the recipient of that funds must continue to spend it as Bitcoin since the authorities would not let other transactions leaving a constraint of only locating services that accept Bitcoin to be able to use it effectively and it might be some sort of a problem.

[lizarder]

There are a lot of wars and conquering happening in the world. Some more well known than others. But all have people suffering. No matter from which side. But I got curious how could bitcoin play in such situations if there are conflicts happening in a specific area knowing that bitcoin is not governed by anyone and is borderless so it can reach other countries even if the authorities won't let usual transactions. Say if you wanted to send a donation to the Ukrainians for example, can you use bitcoin to do it? Has anyone tried it? 

As long as the internet is available, you can probably send Bitcoin anywhere you like, although there are several ways to do it if the internet is down. Sending Bitcoin during a war is not a problem, as it can be done in several ways, and if the donor creates an address for the Bitcoin transfer process. The advantage of Bitcoin is that it can be sent across borders quickly, so transactions don't take long.

I once sent Bitcoin to a friend during a time of turmoil in our country with demonstrations everywhere, and it was no problem at all because they received the Bitcoin quickly. This is different from banking services because when war conditions occur, the service cannot be used to send or withdraw money.

[Reatim]

Yes, Bitcoin can be used in situations like that, and people actually have used it to send donations to conflict zones. Its borderless nature makes it possible to bypass traditional banking restrictions, which is really valuable when normal payment channels are blocked. That said, it’s important to use trustworthy organizations and wallets, because scams can happen even in humanitarian efforts.

bitcoin is certainly the best thing to use in such situations because the government is less likely to be able to control it and restrict it from going to the deserving hands but as said if possible avoid having to go through exchanges or anything that the government still may have access to because it might not reach the intentioned receivers after all

[Danica22]

This is one of the advantages of bitcoin over traditional monetary systems. Bitcoin has proven to be more efficient than the traditional banking system in conflict zones. That is why bitcoin is not only an option for donating to Ukraine but is now also used by countries subject to US and EU sanctions like Russia. Russia is using bitcoin and cryptocurrencies as an alternative to SWIFT, an international payment system controlled by the United States.

Thanks to bitcoin and cryptocurrencies, Russia's trade transactions with partners like China and India are becoming smoother and safer without fear of freezes and blocks from the US and EU.

It can be said that bitcoin has proven to be clearly superior and useful compared to the fiat currency system in areas of geopolitical conflict.

[laspol65]

Say if you wanted to send a donation to the Ukrainians for example, can you use bitcoin to do it? Has anyone tried it?

This is one of the advantages of bitcoin. It will even make the cross border transaction to be very fast. This is how money should be, unlike the fiat that is controlled solely by the the government. Money should be like bitcoin and not fiat that is completely centrally controlled by the government. Bitcoin is often used in donations.

I have seen Bitcoin being used for donations, probably around 2024, @1miau worked hard to help buy ambulances for Ukraine. In any case, Bitcoin is used not only in a specific country, but in every country, every important place. However, Bitcoin is the fastest in transactions, which has been proven, so Bitcoin can play its role everywhere, which is why it is the most popular among everyone.

[Reid]

Yes you can donate using Bitcoin. Just find the right agency that accepts it.

I am not sure if this is a legitimate one, but you can check it out.
https://standwithukraine.com.ua/donation/crypto

I think that's the best part on having Bitcoin although there are still very few retail shops that accepts it. Donation is not a problem though. Bitcoin is global. It has no boundaries unless they ban it in their country. But for those who needs help, I don't think they not accept Bitcoin.

[el kaka22]

One of the most common ways of using is when you are migrating. Ukrainians used bitcoin a lot at the start, where they left their nations, most of the time men stayed, and women and children left to other nations, and you can't just give them cash, and you can't just send wire transfer via banks that easily during a bombing of course, and not like you can carry gold. All these are risky stuff. So what did they do? They just bought bitcoins, and then you can go anywhere in the world and cash it out there.

These things happen all around the world, and because of that it is not really that difficult to make this change, it's going to be pretty much the most known thing ever. If they do this, then there won't be that much of a trouble, and people can use it to move.

[iBaba]

Say if you wanted to send a donation to the Ukrainians for example, can you use bitcoin to do it? Has anyone tried it?

This is one of the advantages of bitcoin. It will even make the cross border transaction to be very fast. This is how money should be, unlike the fiat that is controlled solely by the the government. Money should be like bitcoin and not fiat that is completely centrally controlled by the government. Bitcoin is often used in donations.

The advantage of bitcoin in the international community cannot be overemphasized. Because through bitcoin, borderline transactions have been made borderless without single stress, centralization of money and it's circulation has been decentralized as making transnational donations and transactions, that seemed like a hell to individuals in the past has now become seamless since the coming of bitcoin, which is the leading force driving the digital assets and economy around the world.

[Onyeeze]

There are a lot of wars and conquering happening in the world. Some more well known than others. But all have people suffering. No matter from which side. But I got curious how could bitcoin play in such situations if there are conflicts happening in a specific area knowing that bitcoin is not governed by anyone and is borderless so it can reach other countries even if the authorities won't let usual transactions. Say if you wanted to send a donation to the Ukrainians for example, can you use bitcoin to do it? Has anyone tried it?

Bitcoin is a digital currency known as a decentralized currency so the purpose of having Bitcoin is to use it for easy exchange of materials with money that is why bitcoin is being created so when you come in terms of donation you come use Bitcoin to tender donation in Ukraine or any other country depending what they want you to give them the donation to if there is a profession for bitcoin it will be the easiest way to donate to any country, that is why I said bitcoin is the most fastest way of making monetary transaction intercontinentally

[AmoreJaz]

Yes you can donate using Bitcoin. Just find the right agency that accepts it.

I am not sure if this is a legitimate one, but you can check it out.
https://standwithukraine.com.ua/donation/crypto

I think that's the best part on having Bitcoin although there are still very few retail shops that accepts it. Donation is not a problem though. Bitcoin is global. It has no boundaries unless they ban it in their country. But for those who needs help, I don't think they not accept Bitcoin.

This is the dilemma of online donation. Everyone should check the validity of the site as well as the authenticity that the site will indeed give such donations to the claimed beneficiaries. If not, you can always send it to known legit organizations like UN for your contribution to the cause. As there are so many scammers today, would be hard to determine if such platform is doing what they claimed to be. So stay vigilant and be cautious of the sites claiming to be of humanitarian cause. Because most of them are just used by others for selfish reasons.

[Die_empty]

There are a lot of wars and conquering happening in the world. Some more well known than others. But all have people suffering. No matter from which side. But I got curious how could bitcoin play in such situations if there are conflicts happening in a specific area knowing that bitcoin is not governed by anyone and is borderless so it can reach other countries even if the authorities won't let usual transactions. Say if you wanted to send a donation to the Ukrainians for example, can you use bitcoin to do it? Has anyone tried it?

Cross-border transactions without any intermediaries are one of the advantages of using Bitcoin. At the beginning of the invasion of Ukraine, many donation platforms were asking for donations, and some of them accepted Bitcoin. There were even donations from forum members which were used for some humanitarian services. Some organisations receive crypto donations to assist people in Palestine. Although I have not tried it, you can send funds to anybody in conflict areas if he had a wallet and means of converting it to fiat.