Ukraine passed law to Legalize Bitcoin what does it mean for Bitcoin?

[pooya87]

It means nothing at all.

- Ukraine has a very tiny bitcoin market compared to the rest of the world combined so the laws there don't affect bitcoin or its adoption or the market in general.
- They didn't accept bitcoin as legal tender or something significant like that, they finally passed the law that would legalize what the small number of people in Ukraine were using already. So it won't change much about adoption there either.
- Ukraine regime has already fallen and Russia won't leave unless they completely remove them. Any laws they pass may not mean much in the aftermath.

Anyway, I don't think this was passed because of the war,

I think it was considering the fact that the Ukraine regime was officially begging for bitcoin donations on the internet and they raised a considerable amount, which is a sad thing because not a single satoshi will reach regular people or ease their suffering.

[AYYASH]

Bitcoin is the day by day increase except country. People or Goverment know Crypto is now a days big trending Our Financial System.

[kotajikikox]

Ukraine know the benefit of cryptocurrencies when it was used as payment/donation from many parts of the world to help the Ukraine in this time of Russia dictatorial invasion of Ukraine. Bitcoin, cryptocurrencies has been proved to be money that can be sent from one country to another. War makes people to appreciate the value of cryptocurrencies which can be the only useful and safer money in time of war. I know this legalization will be positive as cryptocurrencies has been benefiting Ukraine in this time of war. The world is just getting ready for more crypto adoption.

actually even before the war there is already articles tackling about Ukraine legalizing Bitcoin and of course not only Ukraine but also Russia so this news is not new i believe as i cannot find the thread here with same topic .

But indeed that they wanna push this more after experiencing the donations coming from around the world and of course from our Humble community here in Bitcointalk as well.

Ukraine Knows that after the devastation of this War , they will be needing more support from around the world and Yes Bitcoin and other crypto will help them out and make them functional even in their worst Nightmare .