If Russia attacks Ukraine - Bitcoin?

[Greenlee]

Guys what do you think can happen if Russia attacks Ukraine... do u think its possible that Russia bans Bitcoin ? or can be other scenario that Ukraine people would buy weapons via bitcoins ?


What are your thoughts ?

Best Regards

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[redhawk979]

How self absorbed do you have to be about Bitcoin to think thats what these people over there give a fuck about right now?

[MrPiggles]

if a tree falls in the forest and there is no bitcoiner around to hear it, what happens to the price of bitcoin in the forest

[hostmaster]

MAke no war but peace and love 

[madzooka]

I am not sure that Russia will attack Ukraine as it will change its status from friendly country who was like a brother to Ukraine and futhermore it may cause that Russia will lose such import markets.

[pleiotropik]

Got Gas?

Ukraine (as in Kiev, not Karkhov) will eventually have to sit down and talk to Russia. No Gas= no Heat. BTC not a player in the big leagues yet.

[roslinpl]

MAke no war but peace and love 

Indeed my friend but there are too many angry people around as you can see...

and from time to time some must kill someone... without it world wouldn't be the same...

but indeed I prefer peace.

And wish you all do!

[Gamerate]

Bitcoin is already banned in Russia

But nobody use them in Russia or Ukraine anyway - they still in stone age =)

[Mikcik]

When there are tension in the world, e.g. war almost starts, gold usually (at least people say so) goes up, bitcoin is quite like gold in many areas, so if russia attacks ukraine, and it will have and effect i bitcoin, it should go up a bit, but it wont be issue at all :-).

[rmines]

I don't think bitcoin will be affected by a Russian attack on Ukraine.
What's the connection between the two?

[dtodosi]

Bitcoin is already banned in Russia

But nobody use them in Russia or Ukraine anyway - they still in stone age =)

Hi mate,

Not really. You should check webmoney.ru. You can actually convert your rubla's, usd or euro that you handle with webmoney to bitcoin. Dirrectly in webmoney portal interface.

They to take high fees for that, and the service is not really well advertised. But that's mainly becose in Russia they use it for black market purposses as in any other controlled economy.

And as another reason to dislike their bitcoin market is becose the market is controlled by very rich pple that are really not friendly to mess up with .
But it is actually a big market for Bitcoin.

[giantdragon]

If Russia will start invasion into Ukraine this could damage its economy because EU and US likely will impose sanctions.

[af_newbie]

If Russia will start invasion into Ukraine this could damage its economy because EU and US likely will impose sanctions.

EU will beg Russia to turn the gas&oil back on...They got them by their balls 

EU & US will bark like little dogs, but in the end they will do nothing.

[Siegfried]

I have read that one of the options to punish Russia the United States is considering is an Iran-style financial crackdown on Russian citizens' foreign bank accounts. If this happens, expect wealthy Russians to look for a way around any restrictions.

[maurya78]

Yep, attempts to expropriate the assets of ultra HNI russians might bring btc (and zerocoin) into play

Second degree speculation though

[TonyZX]

I have read that one of the options to punish Russia the United States is considering is an Iran-style financial crackdown on Russian citizens' foreign bank accounts. If this happens, expect wealthy Russians to look for a way around any restrictions.

If they'll use this instrument of punishment I am sure this will cause growing of bitcoin as an alternative to fiat money.

[ilovenxt]

I dont think there is any relationship between Ukraine-Russia and Bitcoin.

[anu]

How self absorbed do you have to be about Bitcoin to think thats what these people over there give a fuck about right now?

As this is a Bitcoin forum, the question is legitimate.

The UAH lost 20% in the last 2 months. Anyone with a significant stash of UAH who has a chance to get anything else will do so. Problem is that there are capital controls in place to prevent just that.

But it could be similar to the Cyprus effect: Bitcoin price went up a year ago not because Cypriots bought Bitcoin, but because people elsewhere thought bail-ins in Cyprus could be a blueprint for their country, too.

[Ekaros]

I don't bitcoin is very handy during a war... If the Internet is controlled or goes down...

On other hand there is some merits if you survive and hold sufficient amount and were able to exchange it...

[miketonic]

I don't think people in Ukraine are using BTC that much anyway. Also I think it's the last thing in their minds if Russia attacks.