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Author Topic: Crypto Uses in War  (Read 446 times)

Offline TomPluz

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Crypto Uses in War
« on: March 17, 2022, 05:26:42 AM »






Right now, we are seeing the grave destruction of a selfish ambition of a single man and his minions over a neighboring country who seems is getting away from his radar and influence and so to bring it back to his control it must be destroyed regardless if people who are so innocent of the whole thing can be killed. Of course, the invader can easily justify of such a move but in the face of such damages and lost of lives, any justification is unacceptable and just evaporates into the air.

Now, before I get carried away...let's talk on the many use-cases during the time of war or any chaotic scenarios for that matter.

One, crypto can easily be used for donations and helping people. This is a very established fact with the things happening right now in Ukraine as millions of dollars worth of cryptos poured in from different people and organizations all over the world. The ease of the transfer is a major big point for crypto which is the same if you are going to be sending your own fiat money to anyone in Ukraine because the financial system there is not working as it should be.

On the other side of the isle, crypto can be utilized to possibly go around with sanctions many countries imposed on the offender in this case and that is why many centralized platforms in crypto business are doing their own sanctions too but generally speaking it can be hard to imposed sanctions on cryptos when one is using decentralized tools.

Aside from these two, what other use-cases you see in this ongoing invasion?




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Crypto Uses in War
« on: March 17, 2022, 05:26:42 AM »

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