Putin's Ukraine Invasion: Effect on Cryptocurrency?

[Senin]

The Western powers that be are leaning on Putin indirectly. The US now have plans to send warheads to Ukraine or even launch some to Russia and the UK are sending war choppers into Ukraine for reinforcements. And they are promising much more war supplies.

I do not know what your opinion is based on that Western states are indirectly relying on Putin, and also that the United States can supply warheads to Russia. The countries of Europe and the United States today are practically unanimous in the opinion that Russia should not win this war and that they will provide any assistance to Ukraine for this as long as it is necessary for its victory.

The world has seen that Russia is now striving to destroy the Ukrainians as a nation, what atrocities the Russians are committing in the occupied territories of Ukraine against its civilians and do not want this to happen again in other countries, where Russia will definitely invade if it is not stopped in Ukraine. The civilized world is now completely on the side of Ukraine.

[Phonometer]

The Russian president Vladimir Putin's invasion of Ukraine has had a significant impact on the cryptocurrency market. The value of bitcoin and other cryptocurrencies have fallen since the beginning of the year, as investors worry about potential government regulation.
Bitcoin was worth around $1,200 at the start of 2017, but has since fallen to around $750. Ethereum is down by almost 50% from its all-time high in January, and Ripple's XRP token is down by more than 60%.
Some experts believe that this fall in prices is due to investor concerns over Russia's involvement in Ukraine and potential future actions against other countries with strong crypto economies - such as China or South Korea.

[Speaker]

I don't think that the special operation has greatly affected the cryptocurrency market. Rather, this is due to an increase in rates on the stock market

[Tolyk]

You are absolutely right to think that the impact on the cryptocurrency is the stock markets and the increase in rates. The war is not like it can't bring down the cryptocurrency market so much.

[Senin]

I don't think that the special operation has greatly affected the cryptocurrency market. Rather, this is due to an increase in rates on the stock market

Under the term “special operation in Ukraine,” the Putin regime is covering up from its citizens the most common and brutal full-scale war of conquest, the purpose of which is the destruction of Ukraine as a state and Ukrainians as a nation. This has always been called a war. But Putin is used to constantly lying and calling things and events different No special operation can last almost two years and incur losses for the Russians of 350 thousand military personnel, more than 5,800 tanks, about 10,800 armored vehicles, over 8,200 artillery systems, 928 MLRS, 324 aircraft, and so on.

As for cryptocurrency, any significant event at the state level, and even more so several states, especially if such events affect the financial sector, will and do influence the cryptocurrency market. The only difference is the volume of such influence.

[Alcor]

Both sides are exhausted . But unfortunately, the goals of this special operation are unclear, and the further we go, the more we see an unwillingness to make peace and sit down at the negotiating table.

The invasion of the main military forces into the territory of another state in order to subjugate it to their will has always been called war and will be called so, despite the fact that Putin and his supporters are in another virtual world and, in order to convey their true intentions, they call things by other names.

Now Ukraine has been defending itself from the superior forces of the Russian occupiers for the second year. If anyone has not yet understood, Putin is trying to seize the territory of the entire Ukraine and destroy it as a state. Before the invasion, he also said that such a nation as the Ukrainians does not exist, and therefore intends to force the Ukrainians to be called Russians by force, through repression and massacres. Until Putin abandons these intentions, there can be no negotiations. Putin has already included several regions of Ukraine into the Russian Federation. What can you talk to him about then? The threat looms not only over Ukraine, but after the conquest of Ukraine, the Russian army will not stop there. Further, the threat of a similar invasion will loom over Moldova, Georgia and the Baltic states - Litaoi, Latvia and Estonia. This has finally been understood in Europe.

[Fenix]

The military invasion can only be stopped by retaliatory counter-actions, negotiations with Russia with calls to end the war will not lead to success, unfortunately.

Putin sometimes says that Russia is always open to negotiations, but by this he means only Ukraine's offer of surrender. He is not thinking about any real negotiations. And such terms of negotiations are unacceptable for Ukraine. In addition, at the legislative level in Ukraine it was decided not to enter into any negotiations with Putin, because he never keeps his promises. Negotiations are possible only with his adequate successor.
Ukraine intends to negotiate on the basis of compliance with the principle of inviolability of borders and does not intend to make any territorial concessions. This means that the fighting, which has been going on for almost two years, will continue.

[IvugeoEvolutionCoin]

The military invasion can only be stopped by retaliatory counter-actions, negotiations with Russia with calls to end the war will not lead to success, unfortunately.

Putin sometimes says that Russia is always open to negotiations, but by this he means only Ukraine's offer of surrender. He is not thinking about any real negotiations. And such terms of negotiations are unacceptable for Ukraine. In addition, at the legislative level in Ukraine it was decided not to enter into any negotiations with Putin, because he never keeps his promises. Negotiations are possible only with his adequate successor.
Ukraine intends to negotiate on the basis of compliance with the principle of inviolability of borders and does not intend to make any territorial concessions. This means that the fighting, which has been going on for almost two years, will continue.

Russia actually wants peace and doesn't want to cause a commotion that causes a nuclear war, but as usual, America often triggers wars and even influences other countries to start wars, including influencing Ukraine. With the occurrence of war, the purchase of war equipment will increase, and it seems that there is someone who arranged all this so that every country started buying war equipment. Imagine when war equipment is bought and destroyed, then the money used is meaningless, even cryptocurrency.

[Alcor]

Russia actually wants peace and doesn't want to cause a commotion that causes a nuclear war, but as usual, America often triggers wars and even influences other countries to start wars, including influencing Ukraine. With the occurrence of war, the purchase of war equipment will increase, and it seems that there is someone who arranged all this so that every country started buying war equipment. Imagine when war equipment is bought and destroyed, then the money used is meaningless, even cryptocurrency.

You probably forgot that it was Russia that attacked Ukraine and is trying to occupy its territory, destroying Ukrainian cities along the way and killing civilians. If Putin wants peace, he can end the war any day if he orders the withdrawal of Russian troops from Ukraine. Ukrainians are only defending their freedom and independence. They have no other choice than to defend themselves by killing the Russian occupiers who came with weapons in their hands.

As for weapons and their production, Russian military equipment showed very poor performance in this war. Therefore, many countries refuse to purchase Russian military equipment. Conversely, the weapons of NATO members, which arrived in Ukraine in small quantities, turned out to be much more accurate and longer-range. Therefore, military factories of NATO member countries are already loaded with orders for many years to come.

[kent47400]

It will have a strong impact on the purchase of all cryptocurrencies on the market because countries in conflict definitely need tools to defend and attack, such as guns, cannons and various weapons of war.
If an invasion or coup occurs, etc., commodity prices from various sectors could increase due to high demand for war supplies.
Cryptocurrency is a decentralized financial sector and does not have restrictive regulations (it is not centralized).

[Jaephoenix]

It will have a strong impact on the purchase of all cryptocurrencies on the market because countries in conflict definitely need tools to defend and attack, such as guns, cannons and various weapons of war.
If an invasion or coup occurs, etc., commodity prices from various sectors could increase due to high demand for war supplies.
Cryptocurrency is a decentralized financial sector and does not have restrictive regulations (it is not centralized).

Not anymore now. There was an initial bearish effect on the crypto market, but the said market has rallied around, and now the war is almost 2 years, the effects can be said to be negligible for now. Also the Russian government was getting funding via crypto from some organizations. So that is the reason the US SEC is this tough in crypto

[Senin]

It will have a strong impact on the purchase of all cryptocurrencies on the market because countries in conflict definitely need tools to defend and attack, such as guns, cannons and various weapons of war.
If an invasion or coup occurs, etc., commodity prices from various sectors could increase due to high demand for war supplies.
Cryptocurrency is a decentralized financial sector and does not have restrictive regulations (it is not centralized).

Not anymore now. There was an initial bearish effect on the crypto market, but the said market has rallied around, and now the war is almost 2 years, the effects can be said to be negligible for now. Also the Russian government was getting funding via crypto from some organizations. So that is the reason the US SEC is this tough in crypto

If a terrorist state, which is Russia, receives financial assistance to wage a war in cryptocurrency, then of course such transactions will be under the close scrutiny of the relevant US structures. After all, this has signs of terrorist financing.

In general, it is still difficult to say how the war that Russia has been waging in Ukraine for almost two years has appeared on the cryptocurrency. If only simply because no one collects any data on this matter. Now in the war zone there is simply no time for this.

But it is worth considering that this war is actually local, although it affects the interests of most states. If it develops into the Third World War, then its significance for cryptocurrency will be different.

[yohananaomi]

It will have a strong impact on the purchase of all cryptocurrencies on the market because countries in conflict definitely need tools to defend and attack, such as guns, cannons and various weapons of war.
If an invasion or coup occurs, etc., commodity prices from various sectors could increase due to high demand for war supplies.
Cryptocurrency is a decentralized financial sector and does not have restrictive regulations (it is not centralized).

Perhaps at the beginning of the invasion, there was a fear that there would be an embargo, so it would clearly have a strong impact on purchasing crypto currency in anticipation that if it was needed later, it could be used to purchase all kinds of commodities that did not require local money because of the embargo. So you are right that crypto is not centralized and easy to use if there are problems with transactions with local currency, but that was the beginning of the invasion. It seems that now the Russian invasion of Ukraine has anticipated this and there will be no problems, so the impact of the current invasion This is no longer felt in crypto.In principle, every time there is a conflict in a country where an embargo occurs, the solution is that the use of crypto will increase to anticipate problems that might occur.

[Alcor]

It will have a strong impact on the purchase of all cryptocurrencies on the market because countries in conflict definitely need tools to defend and attack, such as guns, cannons and various weapons of war.
If an invasion or coup occurs, etc., commodity prices from various sectors could increase due to high demand for war supplies.
Cryptocurrency is a decentralized financial sector and does not have restrictive regulations (it is not centralized).

Perhaps at the beginning of the invasion, there was a fear that there would be an embargo, so it would clearly have a strong impact on purchasing crypto currency in anticipation that if it was needed later, it could be used to purchase all kinds of commodities that did not require local money because of the embargo. So you are right that crypto is not centralized and easy to use if there are problems with transactions with local currency, but that was the beginning of the invasion. It seems that now the Russian invasion of Ukraine has anticipated this and there will be no problems, so the impact of the current invasion This is no longer felt in crypto.In principle, every time there is a conflict in a country where an embargo occurs, the solution is that the use of crypto will increase to anticipate problems that might occur.

So far we see that Russia as a state does not use cryptocurrency in its trading operations on the international market. Due to sanctions imposed on it for waging an aggressive war in Ukraine, it is deprived of the opportunity to use the dollar, euro and other currencies that are widely used in the international market. The state does not want to take the Russian ruble, so Russia, while supplying its products, tried to take it with national money, such as the Chinese yuan and the Indian rupee. But big problems arose with this, since not in all cases the Chinese yuan is accepted by other states, and the rupee in large quantities has become impossible to withdraw from India. But even after such problems, Russia did not switch to payments in cryptocurrency, because this requires the consent of the trading partner country.

[Jaephoenix]

Wars generally have effects on financial instruments, and cryptocurrencies is no exception. There was an initial bearish effect due to uncertainty which generated anxiety with the resultant effect that whales pulled out huge volumes of fund from crypto. However the market had recovered significantly and excellently with even a bull run albeit short, to boot. So the net effect is now insignificant