Value of crypto during these times

[Bluedrem]

Yes, crypto currency is a resource that is not under the control of a single country. As a result, even if a country can artificially collapse the economic situation of another country, that is, the value of fiat currency, due to war, it cannot do so on crypto currency and even if it does, the result will have an equal impact on all countries. This time, in the Iran-Israel war, many thought that the price of Bitcoin would move towards the desired decline, but in the end, it was seen that Bitcoin is showing great performance even in the unstable situation of war. As a result, it can be said that currencies like Bitcoin can provide security to the people's economy in war or any situation.

[aylabadia05]

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We are now seeing the importance of crypto in the current situation especially when it comes to digital transactions. Even if we say, we can't use it for regular day to day payments, we can see that it is very valuable now in cross-border transactions where you need only small fee to execute it. So whether there's war or not, we can say, it is still valuable in the payment sector.

Not all users can use the cryptocurrency you’re referring to as a payment method, and not all businesses accept all types of cryptocurrency as payment.
Digital transactions have become the new norm for almost everyone, allowing them to make purchases without carrying fiat currency in cash. They can pay for their purchases with digital payments, and this type of activity is nothing new.

I’d like to reiterate that not all cryptocurrencies can benefit everyone, but when it comes to Bitcoin, no one would say they don’t benefit from it.

[DiMarxist]

The effects of crypto currency will be felt better in times like this when nothing seems to be working due to the outbreak of war. When banks are down. Crypto currency especially Bitcoin is a system that has been built to work perfectly in any occasion and time because crypto work twenty four hours a day without anything distruption. Iran was able to utilize this very important property of Bitcoin to their own advantage as they were able to move monies through crypto currency in this very important time.

[Nwada001]

Is it like broadcasting transactions via radio signals? Even if that method works, it wouldn't be universally user-friendly.
But before we get to that step, how would someone instruct you to send them bitcoins and vice versa? Remember that scenario: all infrastructure is shutting down. If this is only a solution for face-to-face deals, fiat money seems more advantageous.

If the internet is the only thing that will be cut out and there are still other means of communication like text messages and calls, then such means could also be used to communicate with whoever wants to deal in bitcoin transactions. Wallet addresses can be sent across text messages. Such a level of stress will only be an option if it's the last resort; if not, using fiat or other physical assets will be far easier for trade than bitcoin, as it could also be hard to communicate with the outside world where such a transaction could have really been needed.

[gunhell16]

Yeah, I'm one of those who would deny it; not all the benefits of crypto will work when they lose one of their supporting elements. Not everyone can create a fully self-sufficient facility. This is especially true if your government limits your space for innovation and independence.

Definitely agreeable. If the internet is completely taken off, I don't think it will be much use. Majority of people depends on these government provided network systems to operate. Considering the cost and energy such private facilities might incure, people won't have second thoughts about using crypto in times of war. I'm still trying to understand if the report was made as a positive review about crypto or a negative bash, trying to inform the government about other means people were able to get their assets across borders.

This is what crypto can do but most people are still in denial about the benefits of crypto. When I talk to people about bitcoin specifically, they always assume that its separation from what we are used to is dangerous. That the privacy and efficiency it offers is a bad thing.

It's simply, don't listen to people's opinions. Everyone can't always be positive about bitcoin. Most of them just lack simple knowledge about it.

There is a truth that until now there are still many who do not understand Bitcoin, though most of them have heard of Bitcoin, and it is not really good for them; instead, when they hear it or talk about it, only one thing always comes to their mind, and that is that it is a scam.

That is why as long as there is internet, in my opinion, the existence of Bitcoin and other cryptocurrencies will not disappear, but once the government removes the internet, everyone will be affected; even the government will be affected because everyone will go back to the manual.