Value of crypto during these times

[Nathrixxx]

The value of cryptocurrency at this. Should not be affected by any activity that is happening outside the crypto networks, another thing we have to determine in making a decision on bitcoin value or any other crypto at this time is all about their consistency and availability which they cannot do without, this time should not be orchestrated by our fear of losing out, instead we are to develop more stronger abilities to old and we stand the ruggedness of the market fall.

[lionheart78]

When everything was shutdown in Iran, it was detected that they were still getting money out through crypto infrastructure.

Are you kidding? If government facilities are also affected by a total infrastructure outage, it's like losing the steering wheel of a car. They could certainly do that.

This is what crypto can do but most people are still in denial about the benefits of crypto.

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.

I highly agree!  In a country where infrastructure was damaged, and the financial industry is somehow messed up, cryptocurrency will also be affected since it does not function on its own to get valuation but rather is dependent on merchants and other outside factors.


In a country damaged by war, the internet maybe great affected thus the cryptocurrency operation will also get affected.  If there is a problem with banks and ATMs, people who are converting cryptocurrency to fiat in order to buy goods will also have a problem.  I do not think cryptocurrency can stand on its own without the support of merchants and other centralized services, I always believe that crypto always needs infrastructure to be used in real-life cases.

[TokenTikas]

so for what OP said about the current issues related to war, yeah, nothing is new here, Bitcoin is still usable by anyone and anywhere.

Since bitcoin was created in 2008, up till now, through all the critical times the world has passed, Bitcoin has always provided an alternative support that no other currency has been able to give. When it comes to using bitcoin, we have not really faced issues or any form of harassment and if we look into the history behind bitcoin, everything becomes clear. No matter how tough things get in the world, bitcoin remains neutral and ensures that everyone can access its service equally, that one is certain.

I don't think it is necessary to amplify Bitcoin strength like it can do everything, can fix everything and can be used anytime in any conditions

There is nothing here that needs to be exaggerated, whatever we are seeing about bitcoin and what you are also seeing, everything is quite clear and in order. Bitcoin has built its position in such a way that there is no need to overhype it unnecessarily. You also mentioned another point about the advantages and disadvantages, that in countries where crypto is illegal, there might be some challenges but apart from that, there is hardly any real problem when it comes to using bitcoin.

[nemesis_incarnate]

The value of cryptocurrency at this. Should not be affected by any activity that is happening outside the crypto networks, another thing we have to determine in making a decision on bitcoin value or any other crypto at this time is all about their consistency and availability which they cannot do without, this time should not be orchestrated by our fear of losing out, instead we are to develop more stronger abilities to old and we stand the ruggedness of the market fall.

But it is affected. And we cannot deny it

Depends on what we call the value of crypto specifically.. But no matter how decentralized BTC is, it is still affected by centralized entities and events around them.

[hd49728]

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.

I only shared that there are solutions but these solutions are not for everyone to use comfortably. Like between custodial wallets like exchange accounts and non custodial wallets, many people especially newbies would feel custodial wallets are more friendly and easily to use.

I also wrote that during such times, chaos, people might have bigger concerns in their lives than figuring how to use bitcoins. While they must save themselves, don't die first, and need to use what are most easily accessed and used in local areas. If bitcoin and transactions on Bitcoin blockchain are not comfortably or unavailable during such times and local areas, it's not too big issue.

[Lida93]

I don't think it is necessary to amplify Bitcoin strength like it can do everything, can fix everything and can be used anytime in any conditions

There is nothing here that needs to be exaggerated, whatever we are seeing about bitcoin and what you are also seeing, everything is quite clear and in order. Bitcoin has built its position in such a way that there is no need to overhype it unnecessarily. You also mentioned another point about the advantages and disadvantages, that in countries where crypto is illegal, there might be some challenges but apart from that, there is hardly any real problem when it comes to using bitcoin.

There's nothing hiding about bitcoin and to what extent it can be used and where and at what conditions it can't be used for transactions. What's baffling is how some persons by their personality tries to want to belittle bitcoin even to the solutions it provides that transitional fiats fails in. Where's the hype there. Even in countries where bitcoin is proscribed to be illegal yet people still use it for exchanging provided they can access the internet. Making it illegal doesn't stop it's transactions from executing unlike what they can do with the traditional finance.

[Gozie51]

When everything was shutdown in Iran, it was detected that they were still getting money out through crypto infrastructure.

This is one of the advantages of bitcoin that beats traditional fiat system or banking. If the financial system of a country is destroyed or people are not able to go out due to effect of war, they can still send crypto transactions and do business online (except the internet system is also affected). Aside from internet destruction, bitcoin function probably to safe people trapped in the war if you are using non custodial wallet. During COVID-19, it was bitcoin that made transactions easier for people working from home. So even in Iran, bitcoin is used for international trade as the effect of the war starts to be felt on the economy. It is also used to escape some financial trade sanctions from US.

[ZAINmalik75]

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.

You forgot to mention that not all crypto users could see benefits like this because, in the report, only specialized infrastructure continued operating while millions were cut off. I was also shocked to see how you are going to relate this to crypto benefits, because the internet was off and maybe the electricity as well.

Although this is so true that crypto has its benefits, and people in places where war can have a huge impact on their properties and money, in such places only Bitcoin could save their money from devaluation. Their money will deteriorate. As a matter of fact, even if there is no war in our country, inflation has increased.

[Easteregg69]

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.

You forgot to mention that not all crypto users could see benefits like this because, in the report, only specialized infrastructure continued operating while millions were cut off. I was also shocked to see how you are going to relate this to crypto benefits, because the internet was off and maybe the electricity as well.

Although this is so true that crypto has its benefits, and people in places where war can have a huge impact on their properties and money, in such places only Bitcoin could save their money from devaluation. Their money will deteriorate. As a matter of fact, even if there is no war in our country, inflation has increased.

It's gonna go down as long as you revenge trade.

It's a fucker. Drunk. Told you how predictions turns in to confessions. How you stole intellectual property and label it as stupid.

The shop is game over. Got two six packs for a hustle. Any Canadians that would rather be americans? Move your fat ass! You can take your crypto with you.

We have greenlanders keeping the peace over here. I play insane loud music to keep them at bay. Cheers!

Thanks for telling europeans is shit? Cheers. It's blue monday on the PC. We would smoke a chillum and see if a bag of beer came in handy. We don't die. Get it? Beyond God and humans.

Still got one rug that is hard to explain.

[Awaklara]

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.

When someone looks at something from a negative perspective, the opinion expressed will always be negative. But if we consider its positive value, we should be able to see the potential for development that can be utilized.
We have heard of illegal transactions using Bitcoin as a means of transaction, and Bitcoin is viewed negatively. In fact, Bitcoin is just a tool that is used. They just haven't realized that they can use and need Bitcoin for positive things.

[finaleshot2016]

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.

When someone looks at something from a negative perspective, the opinion expressed will always be negative. But if we consider its positive value, we should be able to see the potential for development that can be utilized.
We have heard of illegal transactions using Bitcoin as a means of transaction, and Bitcoin is viewed negatively. In fact, Bitcoin is just a tool that is used. They just haven't realized that they can use and need Bitcoin for positive things.

Yes, it's hard to see the potential if you're just negative towards things, but if you've given it a chance and understand its nature then you will know how huge the potential is. All things in the world have negative effect when used negatively, that's why it's pretty common that even BTC will have its negative use like for example in money laundering. But when it comes to positive, there are bunch of it especially if we're talking about freedom, and of course the technology that promotes transparency. ON the other hand, adoption should come with balanced regulation to protect everyone while still preserving the core advantages like decentralization and privacy. This way, innovation can continue to grow without exposing individuals to some risks.

[Z-tight]

This is one of the advantages of bitcoin that beats traditional fiat system or banking. If the financial system of a country is destroyed or people are not able to go out due to effect of war, they can still send crypto transactions and do business online (except the internet system is also affected).

Yeah, but this is only true in theory. Practically, in a situation of serious conflict, people are not thinking about making cross-border transactions or sending money over the internet, but how to survive. Take note that BTC is hardly accepted by merchants anywhere in the world, so in most cases, people still need to exchange their BTC for fiat in order to be able to spend it. My point is, there is hardly any advantage when war is in the picture.

[Easteregg69]

It's floored. Sit on it and look for new life.

You track TRX before you take a look at me. I take it for the dividends and some of that sleezy blues.. Stupid ho acting up for nothing.

It's gonna be ok now your finished paying of debt.

Imagine the chairman comes running in telling it it's not ok to smoke pot at the meetings? It's with cheese pops now. The real ones. You can have both and know what you talk about. In HR.

You imagine a track being corrected 48000 times per second? They did it to find and average. To get the balance right.


You look for some specific shit during that period. What they did.

Look for some humor they find to be wrong.

Telly man. They are in to spinning records.

[aylabadia05]

We talk about what benefit crypto brings to us individuals during hard times like today wherein a war is affecting all of us. But even nations at a whole can benefit from crypto. When everything was shutdown in Iran, it was detected that they were still getting money out through crypto infrastructure.

The raw materials used for processing are not solely from Iran, but also from many other countries not found in Iran. Iran and Middle Eastern countries are perhaps the primary sources of oil.
Furthermore, not all cryptocurrencies can be beneficial for people navigating life amidst the current turmoil of the world. However, if we take war as an example, Bitcoin can be an asset that can reduce the fear of loss unlike physical assets.
For me personally, Bitcoin and some cryptocurrencies have provided a path to freedom.

[Easteregg69]

When you say Iran. I think it's not important to get in to a fight.

It's from a very conservative point of view.

You want canada and greenland and china next. I read the script. And cuba.

You get a clue about how to end up as an old idiot. I kicked a table one time i tried to hit a decoy.. Fuck that shot? Noeh.. Not!

[AmoreJaz]

We talk about what benefit crypto brings to us individuals during hard times like today wherein a war is affecting all of us. But even nations at a whole can benefit from crypto. When everything was shutdown in Iran, it was detected that they were still getting money out through crypto infrastructure.

The raw materials used for processing are not solely from Iran, but also from many other countries not found in Iran. Iran and Middle Eastern countries are perhaps the primary sources of oil.
Furthermore, not all cryptocurrencies can be beneficial for people navigating life amidst the current turmoil of the world. However, if we take war as an example, Bitcoin can be an asset that can reduce the fear of loss unlike physical assets.
For me personally, Bitcoin and some cryptocurrencies have provided a path to freedom.

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.

[Easteregg69]

It's about allies running screaming out the door.

Not looking at direct hits for the time being.

[batang_bitcoin]

If infrastructures are bombed and destroyed, how can crypto be valuable to them when there might be disruption of the internet? This is a logical scenario though and it's possible to happen in countries that are affected by war. While for the citizens, they can keep their wealth in bitcoin or in any crypto they prefer but it's mostly for keeping it and not for spending it. Because if there are no signals and internet connection where they are located, they can't even send it if they're about to pay although they can receive if they have the record of their wallet address.

[Easteregg69]

If infrastructures are bombed and destroyed, how can crypto be valuable to them when there might be disruption of the internet? This is a logical scenario though and it's possible to happen in countries that are affected by war. While for the citizens, they can keep their wealth in bitcoin or in any crypto they prefer but it's mostly for keeping it and not for spending it. Because if there are no signals and internet connection where they are located, they can't even send it if they're about to pay although they can receive if they have the record of their wallet address.

Encrypt it and store it online. If you get the time. Hide some note around.

You be in biometrics soon. People don't care about execution layer at that level.

Stupid nonsense to be broken. I have to tell you i bought the salami with your money?

Guess who got a Snickers bar against hangovers? Not on hold. Found myself eating it as i brought it up.

[batang_bitcoin]

If infrastructures are bombed and destroyed, how can crypto be valuable to them when there might be disruption of the internet? This is a logical scenario though and it's possible to happen in countries that are affected by war. While for the citizens, they can keep their wealth in bitcoin or in any crypto they prefer but it's mostly for keeping it and not for spending it. Because if there are no signals and internet connection where they are located, they can't even send it if they're about to pay although they can receive if they have the record of their wallet address.

Encrypt it and store it online. If you get the time. Hide some note around.

You be in biometrics soon. People don't care about execution layer at that level.

Stupid nonsense to be broken. I have to tell you i bought the salami with your money?

Guess who got a Snickers bar against hangovers? Not on hold. Found myself eating it as i brought it up.

That's one way to encrypt it but it's still quite risky if it's online despite that you're able to encrypt it. I guess those people who are in that situation can make things happen for themselves and what can actually work. Because some might just bring a small note with them at all times hidden on some pictures or accessories as they bring them if they go to different places for evacuation.