Putin's Ukraine Invasion: Effect on Cryptocurrency?

[Freemind]

Most likely it is the United States that wants to bring its rights to Ukraine, and Putin has nothing to do with it. The President of Ukraine behaved like a puppet in the eyes of other countries. By letting US troops into their territory. This is not very nice, in relation to Russia. The impact of this situation will not affect the cryptocurrency in any way.

If the draft presented by the Russian finance minister, Anton Siluanov, is accepted, I think it is possible that it will affect the value of cryptocurrencies. If tensions between the two countries and the international community do not end soon, Russia would face heavy economic sanctions and the money the government would receive from taxes could partially ease those sanctions. What I wonder is what would be the reaction of the United States if Russia finally accepts cryptocurrencies.

[collinsjie]

This news has been affecting the forex market. I don't is affecting the crypto market that much. The crypto market is experiencing progressive growth since last month.

[Fenix]

Most likely it is the United States that wants to bring its rights to Ukraine, and Putin has nothing to do with it. The President of Ukraine behaved like a puppet in the eyes of other countries. By letting US troops into their territory. This is not very nice, in relation to Russia. The impact of this situation will not affect the cryptocurrency in any way.

It turns out interesting. Let me briefly recall how events unfolded. Putin, taking advantage of the hospitality of Ukraine, having under a lease agreement part of the territory of Ukraine for his naval base on the territory of the Ukrainian peninsula of Crimea, sent his troops in 2014 to the entire peninsula and captured it, then held a referendum at gunpoint, where, of course, citizens, according to its results, spoke in favor of joining Russia.
Then he introduced several military sabotage groups into the Donbass and provoked riots there. In view of the virtual absence of combat-ready units in Ukraine, the people of Ukraine rose up and volunteer battalions, armed only with small arms, began to push Russian sabotage groups to the Russian border. Then, from the territory of Russia, they were hit with heavy artillery and multiple launch rocket systems, after which five battalion-tactical groups on tanks, fully armed, entered the territory of Ukraine and practically shot poorly armed volunteer battalions of Ukrainians. Again, under the barrel of tanks already, Ukraine was forced to sign the unfavorable Minsk agreements, and the invaders proclaimed two independent republics on the territories of the Donetsk and Luhansk regions of Ukraine occupied by the Russian military. Since then, for eight years now, these occupied territories have been constantly shelling the territory of Ukraine with all types of the most modern Russian weapons, since Putin has delivered hundreds of tanks and other weapons there.
I see here that Ukraine is being presented with claims that it dared to defend itself and turned to other states for help in order to pacify the aggressor?
Now Putin has once again surrounded Ukraine on three sides with his troops and is threatening to invade, forcing Ukraine to abandon its European Union and NATO course. But Ukraine already has a strong army with eight years of combat experience. If Putin gets into Ukraine again, he will get hit in the teeth. But he is used to attacking the weak. And here, although he still has superiority in almost everything, he is already afraid.
So: Putin has absolutely nothing to do with it? Maybe it was Ukraine that attacked Russia and occupied part of its territory?

[Alcor]

Most likely it is the United States that wants to bring its rights to Ukraine, and Putin has nothing to do with it. The President of Ukraine behaved like a puppet in the eyes of other countries. By letting US troops into their territory. This is not very nice, in relation to Russia. The impact of this situation will not affect the cryptocurrency in any way.

I see that some on this forum are trying to present Putin, who has already killed more than 15,000 Ukrainians with the hands of his military, and, moreover, a significant part of civilians, almost like an angel.
It should be recalled that on December 5, 1994, the Presidents of Ukraine, the Russian Federation, the United States and the Prime Minister of Great Britain signed the Budapest Memorandum at a meeting on security and cooperation in Europe in Budapest. Ukraine, which at that time had the third largest nuclear potential among all the states of the world, undertook the obligation to become a non-nuclear power in exchange for the security guarantees provided to it.
This is an obligation "to respect the sovereignty and existing borders of Ukraine" (p. 1), "to refrain from the threat or use of force" and that "none of their weapons will ever be used against Ukraine."
Russia, which signed these agreements, in 2014, without declaring war, entered its armed forces on the territory of Ukraine on the instructions of Putin and still keeps part of its territory occupied - the Crimean peninsula and part of the Donetsk and Luhansk regions.

[therozaq]

I don't expect war, but if it does, I think financial markets will grow, especially gold and Bitcoin. The reason: people look to safer assets to hedge against risk. The advantage of Bitcoin's liquidity and safety will attract the attention of investors, especially those living in Russia & Ukraine.
I still hope we won't have war, war won't bring any benefit.

You're right, war won't bring any benefit.
It will have effect for many elements.
Keep peace , is better than war.
I think  Russia and Ukraine war didn't have effect more for crypto currency market.
Let's see until now crypto is still going up and we will see high demand every day.

[Senin]

Everything in this world is interconnected. Ukraine, having significant areas of black soil, is a major supplier of food to almost one and a half hundred countries. Due to the fact that Russia is deliberately destroying infrastructure in Ukraine, including its agricultural sector, the UN, the IMF and other international organizations are already predicting that hunger may begin in many underdeveloped countries this year. There will be big negative changes both in Russia and in the countries that participate in international sanctions against it. Complicating the situation is the fact that Putin is stubborn and unwilling to admit his mistake by invading Ukraine. Therefore, the negative consequences of the war in the near future will only increase. There are too many factors to unambiguously say how this will affect the cryptocurrency.

[Jaephoenix]

This is a multifaceted question in that the war can affect crypto both positively and negatively. In fact Russia s mulling over adopting bitcoin as a legal tender after the rouble took a dive

[shadowdio]

I guess there will be effect the crypto market if Putin successfully invade Ukraine maybe the market will go dump and also the economy will go down but hopefully this war will stop because the whole world is affected, the gas price is increasing because of the war.

[Bobcrypto]

I think Russia invasion of Ukraine may not crash Bitcoin except the war becomes a world war conflict, similar to the previous wars. If you are following the current Bitcoin price trends, and the war effects, I think there is just little or no effect to prices of Bitcoin/altcoins. When Russia invaded Ukraine some weeks ago, btc was trading at around $37k to $38, at least, there has not been much significant difference compared to some past Bitcoin/altcoins price records.
In nutshell, I think Bitcoin/altcoins is doing well and may hit $50k in the full bull run.

[mahadev]

I think Russia invasion of Ukraine may not crash Bitcoin except the war becomes a world war conflict, similar to the previous wars. If you are following the current Bitcoin price trends, and the war effects, I think there is just little or no effect to prices of Bitcoin/altcoins. When Russia invaded Ukraine some weeks ago, btc was trading at around $37k to $38, at least, there has not been much significant difference compared to some past Bitcoin/altcoins price records.
In nutshell, I think Bitcoin/altcoins is doing well and may hit $50k in the full bull run.

I agree I think bitcoin will touch  50K USD again, I don't believe  Russian and Ukraine war will effect to bitcoin , Hopefully it will good effect for bitcoin.
As we heard about news, Russian accept bitcoin fro gas and oil payment.
It will make crypto price pumps. Let's see.

[bayiajaib]

Every people didn't want to war , they prefer in peaceful.
I think at the beginning we saw Russia and Ukraine war have  little effect for crypto currency, but I think It's not big problem.
if the war will continue for along time, I think it will have bad effect for all elements.
Crypto also will be influenced by war effect.

[Senin]

Every people didn't want to war , they prefer in peaceful.
I think at the beginning we saw Russia and Ukraine war have  little effect for crypto currency, but I think It's not big problem.
if the war will continue for along time, I think it will have bad effect for all elements.
Crypto also will be influenced by war effect.

Putin and his entourage, with a military invasion of Ukraine, unleashed a war into which more and more states are gradually drawn. Condemning the aggression, the entire civilized world is providing all possible assistance to Ukraine financially and with military equipment in order to strengthen its defense capabilities. Quite tough sanctions are being introduced against Russia, and this significantly disrupts the normal trade process around the world. Inflation will rise, unemployment will rise, and serious food shortages may be felt in underdeveloped countries.
It is still difficult to predict how this will affect the cryptocurrency.

[Speaker]

We may soon see an even greater increase in inflation and an increase in prices for many products that have not yet been.This will have a very strong impact on the cryptocurrency, primarily because it will affect the stock market with which the cryptocurrency is very strongly correlated.

[legend45]

Now, in case the invasion can push through in time for the Winter Olympic in China...will this be a big factor to further dampen the cryptocurrency market or will it be an impetus for it to bounce back?

It's difficult to say.
Russian invasion will have bad effect or current crypto is bearish bseason.
I think war will have bad effect and will make crypto go down because It's also bearish season.

[bitcoin-shark]

I believe that the war between the two countries, given the sanctions, the embargo will increase the use of cryptocurrencies as an alternative to fiat payments, therefore the demand and consequently also their value will increase