Apparently according to reports, up to 1.5 billion EUR in bank funds will be lost in Crimea after the occupation. This is money in Crimea based bank accounts.
I wonder why the funds are not transferred out. Hold on ... bank accounts are easy to freeze ... if banks would use the
Bitcoin network:
BITCOIN USERS NOT AFFECTED
So will the Ukraine thing be good for BTC?
If there any any type of war over the Ukrane then it will be good for BTC.
War creates uncertainty. Uncertainty over both the US and Russian economy will hurt each of those respective economys.
Do you remember what happened when currency controls were implemented in Europe last year? What happened to the price of BTC?
People in the Ukraine and in Russa would like wish to buy bitcoin with their local currency to protect themselves from drops in the value of their own currency
