Altcoins Talks - Cryptocurrency Forum
Further Discussions => Economics , Sociology & Politics => Topic started by: electronicash on April 28, 2024, 10:21:21 PM
-
i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
-
i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
I think that would be safer way to store the money through Bitcoin in that kind of situation compared to having fiat currency or physical money or precious metals that can be looted or robbed. Though phones and devices can be looted but as long as you have the private keys of your wallet it is still safe.
-
...if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
I am going to see where I can watch this supposedly good movie According to Wikipedia (https://en.wikipedia.org/wiki/Civil_War_(film)): "Civil War is a 2024 dystopian war film written and directed by Alex Garland. It follows a team of journalists traveling across the United States during a civil war fought between an authoritarian federal government and several regional factions." Now, to answer your question, I think the producers and writers of the said movie have never thought of cryptocurrency and that is why they opted for Canadian Dollar. We have to remember that in case there can be a nationwide civil war, the government will not be functional well and central banking can be collapsing so fiat money can be worthless. In case, there can still be electricity (solar option can surely be available unless there is already a nuclear war) and the internet, then money can be Bitcoin and the rest of the crypto gang and there can be some that will introduce war memecoins. Of course, all of these things are just speculative ideas as nobody can be sure of what can happen in case we can experience a big civil war disruption. Let's hope we can never have the bitter taste of a civil war in our lifetime.
-
Accepting bitcoin and other form of cryptocurrency will be better during such period, because no one will be able to rob you of your funds, and you can have millions but no one will know that it is withing your reach. In civil war banks can disappoint us but as long as there is internet and phones, crypto cannot disappoint.
-
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
I think in a war situation, it's normal for Bitcoin price to appreciate because during such time difficulties, a lot of people will want to abandoned US dollar for settlement of trade, nobody will be interested in buying yuen and euro, a lot of people will be seeing their shares and stock and will used it to buy food and health care items.
For people who still want to have their value save from any circumstances, Bitcoin is going to be the only option for investment but there will be a lot of things as well, people might start attacking each other when Bitcoin becomes the next big thing, this scenario just make me to remember a movie call TIME, if you have watch it you will understand me better.
-
i've seen TIME, not a very possible move to happen. they could just snatch time from someone's arm which the currency has no security.
...if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
I am going to see where I can watch this supposedly good movie According to Wikipedia (https://en.wikipedia.org/wiki/Civil_War_(film)): "Civil War is a 2024 dystopian war film written and directed by Alex Garland. It follows a team of journalists traveling across the United States during a civil war fought between an authoritarian federal government and several regional factions." Now, to answer your question, I think the producers and writers of the said movie have never thought of cryptocurrency and that is why they opted for Canadian Dollar. We have to remember that in case there can be a nationwide civil war, the government will not be functional well and central banking can be collapsing so fiat money can be worthless. In case, there can still be electricity (solar option can surely be available unless there is already a nuclear war) and the internet, then money can be Bitcoin and the rest of the crypto gang and there can be some that will introduce war memecoins. Of course, all of these things are just speculative ideas as nobody can be sure of what can happen in case we can experience a big civil war disruption. Let's hope we can never have the bitter taste of a civil war in our lifetime.
what i can think of is that the civil war in the movie is just in the US to which Canada is not affected and their government is still working. the producers/writers could have picked Mexican Peso assuming the government in the country is more stable but of course they'd pick Canada.
maybe if Canadian government is also a mess and the Mexican government is also getting crazy like they are part of the civil war in the Amerikan continent, i guess this is where we can see crypto will be the option.
-
i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
I live in Ukraine, and I know firsthand what war is like. I also have many friends and acquaintances who lived or had to live in the occupied territory or the territory destroyed by terrorist troops of a neighboring country. So I will tell you how it is in reality:
- Few people are interested in risky, illiquid assets. Everyone is interested in dollars, euros, gold, etc. assets that can be used to buy or exchange food, medicine, etc. goods
- The occupation authorities are always totally restricting and controlling all data channels - in occupied DNR, LNR, Crimea - all communication is totally controlled (from wiretapping to blocking data transmission), protocols are blocked (all messengers that are difficult to control are banned). For violation or attempts to bypass - very severe punishment, up to death.
- In destroyed villages and towns, there is no communication at all, and often no electricity.
- Banking systems, card accounts and transactions do not work. You simply will not be able to convert cryptocurrency into physical/fiat assets.
Therefore, in such situations - assets that are difficult to use and do not have high guaranteed liquidity and stable price are unlikely to become a substitute for stable currencies and gold.
-
Therefore, in such situations - assets that are difficult to use and do not have high guaranteed liquidity and stable price are unlikely to become a substitute for stable currencies and gold.
and how are they spending the gold in the war torn region?
i know its not the same as the time of covid but during the time when we are locked down, all the people do was trading stuff from appliances and plants in exchange with food and cash still accepted which was still great though but most probably because the government still exist. it must be different if the government is not functioning anymore as warlords are the only that reigns in every city.
-
Therefore, in such situations - assets that are difficult to use and do not have high guaranteed liquidity and stable price are unlikely to become a substitute for stable currencies and gold.
and how are they spending the gold in the war torn region?
i know its not the same as the time of covid but during the time when we are locked down, all the people do was trading stuff from appliances and plants in exchange with food and cash still accepted which was still great though but most probably because the government still exist. it must be different if the government is not functioning anymore as warlords are the only that reigns in every city.
I understand your question and will give you 2 examples. One from slightly older times, the other from the current situation:
1. The city of Leningrad, which was blockaded during WWII (reasons - this is a topic for another discussion), and the Soviet government supplied almost no food there. Money as a unit of valuation lost its meaning there, and in the most difficult times people simply exchanged, for example, gold jewelry for bread.
2. The situation in Ukraine is somewhat different. For example, in the temporarily occupied territories, people can sell gold for stable currency (dollars), for which they can buy everything. Occupants are happy to sell any goods for dollars.
Gold can also be exchanged for the occupation currency (rubles) and also buy a significant part of goods for this pseudo-currency. However, it cannot be used anywhere else. Gold can simply be exchanged for goods and services. For example, to try to leave the occupied territory. But with cryptocurrencies everything is more complicated - due to the absence of the Internet on these territories (as well as other usual services of the developed world), or its total control and isolation, just like in North Korea.
That is why gold/stable currencies are more convenient means for survival in this situation
-
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
How many businesses accept BTC in your city?
Where I live, basically none.
Zero.
I opened a thread about this fact
What Happened To Bitcoin? (https://www.altcoinstalks.com/index.php?topic=320583.0)
BTC as a currency has been a complete failure.
So why should people during a civil war accept a currency they can't use in order to buy goods and services?
During a war you aren't interested in increasing your wealth. When food and shelter can anytime become a problem you are not interested in making money.
When your life is at stake you don't care about investing strategies.
There are many warlike situations going on in the world: clashes between ethnic groups... between religious or political factions... civil unrests... state vs. criminals (e.g. narcos)...
Wouldn't it make sense for the warlords to accept BTC and other crypto?
No because in those situations you need a currency which everybody accepts.
This applies to warlords too.
That's why the current usage of BTC and cryptos in those situations is basically zero.
-
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
How many businesses accept BTC in your city?
Where I live, basically none.
Zero.
I opened a thread about this fact
What Happened To Bitcoin? (https://www.altcoinstalks.com/index.php?topic=320583.0)
BTC as a currency has been a complete failure.
So why should people during a civil war accept a currency they can't use in order to buy goods and services?
During a war you aren't interested in increasing your wealth. When food and shelter can anytime become a problem you are not interested in making money.
When your life is at stake you don't care about investing strategies.
There are many warlike situations going on in the world: clashes between ethnic groups... between religious or political factions... civil unrests... state vs. criminals (e.g. narcos)...
Wouldn't it make sense for the warlords to accept BTC and other crypto?
No because in those situations you need a currency which everybody accepts.
This applies to warlords too.
That's why the current usage of BTC and cryptos in those situations is basically zero.
Through p2p yes no doubt about that given that internet is still up. But for businesses tha accepts crypto in general here in my place I can't find them as well. And it seems imposible for me to use my Bitcoin for that purpose unless someone is selling weapons for Bitcoins as we are talking about war in here.
-
And it seems imposible for me to use my Bitcoin for that purpose unless someone is selling weapons for Bitcoins as we are talking about war in here.
There are many warlike situations going on in the world, right now, so there is no need of thinking about Hokuto no Ken.
Beside wars between countries there are clashes between ethnic groups... between religious or political factions... civil unrests... state vs. criminals ...
In your opinion, what's currently the usage of BTC in those situations?
If you find yourself in one of those situations,
you need to protect your family,
you need a gun,
without gun you and your family die,
you have electricity and internet,
you are in your country, not in the USA,
you don't know the person who sells guns,
would you prefer to have bitcoins, gold or US banknotes at hand?
-
And it seems imposible for me to use my Bitcoin for that purpose unless someone is selling weapons for Bitcoins as we are talking about war in here.
Does your country explicitly forbid the usage of Bitcoin as a means of payment? What about coins printed with private keys? I think I can see some people use coins to trade for food, although this imaginary situation can only happen if people are familiar with it and the country doesn't explicitly forbid them from doing so. If anything, I believe Bitcoin as a currency will show its strength when there's no war or something similar, as long as people can access the internet.
-
i'm not sure what to use if there is something like a civil war is going to happen actually base on the answers here. its easy to say USD if its Europe that s having civil war. they may even try using CYN or Rial if its preferred by the people.
i know this is an imaginary situation base on the film. but i don't see people starts using gold either to trade with food nor weapons. but i would assume there will be lots off looting and house invasion and looking for whatever valuables the family have. i guess even the TV will be good for barter if lets say BTC is not really possible.
-
its easy to say USD if its Europe that s having civil war.
yes, it's easy to say and it's easy wrong
I'm in Europe.
Don't assume everybody idolises the american dollar as you crypto people do
Instead of talking about countries that you don't know, talk about what you know.
Talk about your country.
I'm asking you for the 2nd time EC
if you find yourself in a civil war where you live what would you like to have, BTC, US banknotes or gold coins?
-
I'm asking you for the 2nd time EC
if you find yourself in a civil war where you live what would you like to have, BTC, US banknotes or gold coins?
The most correct answer is bitcoins, dollars and euros, and gold coins :)
This is a diversified portfolio of very good assets. Assets that are not only highly liquid, but have good investment potential ! Bitcoin and gold - less liquid in difficult situations but have better investment appeal, dollars and euros - extremely highly liquid, although like any fiat currencies are subject to inflationary processes. Therefore, the optimal set of "emergency financial suitcase" is bitcoins, gold coins, dollars and euros.
-
I'm asking you for the 2nd time EC
if you find yourself in a civil war where you live what would you like to have, BTC, US banknotes or gold coins?
The most correct answer is bitcoins, dollars and euros, and gold coins :)
This is a diversified portfolio of very good assets. Assets that are not only highly liquid, but have good investment potential ! Bitcoin and gold - less liquid in difficult situations but have better investment appeal, dollars and euros - extremely highly liquid, although like any fiat currencies are subject to inflationary processes. Therefore, the optimal set of "emergency financial suitcase" is bitcoins, gold coins, dollars and euros.
i'm sure we are going to be accepting currency of a country with a government that stands. but yes BTC would be better as well.
no potatoes?
because to me this is what is more important when war occurs. food especially
its easy to say USD if its Europe that s having civil war.
yes, it's easy to say and it's easy wrong
I'm in Europe.
Don't assume everybody idolises the american dollar as you crypto people do
Instead of talking about countries that you don't know, talk about what you know.
Talk about your country.
maybe on the other thread when its about my country, this one is about civil war movie scenario. seem what many understood actually. most if not all EU countries idolizes USD because afaik its the reserve currency of all. unless CYN is more preferred already cuz middle east seem accepting CYN ffor oil already.
-
most if not all EU countries idolizes USD because afaik its the reserve currency of all.
You are talking about institutions, I'm talking about people.
I don't want you to name your country - I don't do it either - I just want you to talk about what you know, which is where you live.
You don't live in Europe, I do.
In a war situation - civil or not - if I go to my neighbours with US banknotes they kick me away.
If I go and offer them BTC, it's even worse.
If I go and offer them one gold coin, they'll talk to me.
How is it where you live?
-
I'm asking you for the 2nd time EC
if you find yourself in a civil war where you live what would you like to have, BTC, US banknotes or gold coins?
The most correct answer is bitcoins, dollars and euros, and gold coins :)
This is a diversified portfolio of very good assets. Assets that are not only highly liquid, but have good investment potential ! Bitcoin and gold - less liquid in difficult situations but have better investment appeal, dollars and euros - extremely highly liquid, although like any fiat currencies are subject to inflationary processes. Therefore, the optimal set of "emergency financial suitcase" is bitcoins, gold coins, dollars and euros.
i'm sure we are going to be accepting currency of a country with a government that stands. but yes BTC would be better as well.
no potatoes?
because to me this is what is more important when war occurs. food especially
1. As the personal practice of traveling around the world (and I have been to all continents except Australia, and visited more than 40 countries in my life), I can say one thing - everywhere I was - dollars were accepted with joy! Even if they were countries that are officially "against world imperialism and American capitalists" :) I can tell you about Cuba for example :)
Today Bitcoin has become a kind of alternative, but not yet widely spread, and APPLICATION (this is the key problem).
2. You are right about potatoes - people whose families are dying of hunger will buy a sack of potatoes for a ring with a big diamond, when the real price is 2 cars of potatoes for this ring.... When it becomes a matter of survival - money and jewelry lose value very much. LIFE is the most precious thing we have.....
-
I think anything can happen in a civil war situation. During civil war the government can't function properly in that case you can't fully rely on Fiat currency. To consider other alternative options I believe crypto would be the best one and safer too.
-
i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
can you share where did you watch this movie mate? i am also a fan of war movie so for sure I will enjoy this movie, so will be thanking you once you shared me the place where to watch this.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
this is why we must still keep our bitcoin then but i doubt that internet will be still available in all places when war comes, maybe this is for limited chances only .
-
And it seems imposible for me to use my Bitcoin for that purpose unless someone is selling weapons for Bitcoins as we are talking about war in here.
There are many warlike situations going on in the world, right now, so there is no need of thinking about Hokuto no Ken.
Beside wars between countries there are clashes between ethnic groups... between religious or political factions... civil unrests... state vs. criminals ...
In your opinion, what's currently the usage of BTC in those situations?
If you find yourself in one of those situations,
you need to protect your family,
you need a gun,
without gun you and your family die,
you have electricity and internet,
you are in your country, not in the USA,
you don't know the person who sells guns,
would you prefer to have bitcoins, gold or US banknotes at hand?
Well I should also take the seller into consideration if they accept Bitcoin but if not fiat would be another option during transactions. Here in my country, yeah having a licensed gun would be great decision and investment for protection purposes as we are currently facing internal and external threats.
-
Accepting bitcoin and other form of cryptocurrency will be better during such period, because no one will be able to rob you of your funds, and you can have millions but no one will know that it is withing your reach. In civil war banks can disappoint us but as long as there is internet and phones, crypto cannot disappoint.
Exactly. But let's not forget that during a civil war, we can't have full access to the Internet, and we can lose our phones because of wars.
That encounter can deny us full access to our crypto holdings. However, having our seed phrase written on a steel plate and buried, would still give us access to our crypto assets, after the civil war. Aside from that, someone can lose their crypto holdings during wars because, in war, everything is affected
-
And it seems imposible for me to use my Bitcoin for that purpose unless someone is selling weapons for Bitcoins as we are talking about war in here.
There are many warlike situations going on in the world, right now, so there is no need of thinking about Hokuto no Ken.
Beside wars between countries there are clashes between ethnic groups... between religious or political factions... civil unrests... state vs. criminals ...
In your opinion, what's currently the usage of BTC in those situations?
If you find yourself in one of those situations,
you need to protect your family,
you need a gun,
without gun you and your family die,
you have electricity and internet,
you are in your country, not in the USA,
you don't know the person who sells guns,
would you prefer to have bitcoins, gold or US banknotes at hand?
Well I should also take the seller into consideration if they accept Bitcoin but if not fiat would be another option during transactions. Here in my country, yeah having a licensed gun would be great decision and investment for protection purposes as we are currently facing internal and external threats.
what we are dealing is when there is no government already and no banking system in a country involved just like in the movie. in the movie they were lucky that electricity is still working for a place that is powered by hydro, i think this is possible.
and for a country where people give importance to their 2nd amendment, its really more dangerous unlike those countries where only the authorities can have guns. i think this is even going to give courage to certain groups or a city to arm themselves and fight whoever comes in their city. every people in a city will unite to protect their city, the currency in trading is their decision.
-
i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
dude if that movie happens we would be pretty fucked.
people would be meat. lots of them
it would be fucking brutal.
I am hoping that at 67 I just age out and leave this shit hole of a planet before we drop that low.
-
....
this is why we must still keep our bitcoin then but i doubt that internet will be still available in all places when war comes, maybe this is for limited chances only .
I have already tried several times to open the eyes of dreamers about the "convenience of bitcoin in critical situations" - it becomes the most useless asset if you are in the territory where there is a war. Civil or due to external aggression....
I say this as a person living in a country that has been subjected to external aggression and where 20% of the territory is a war zone.... So I tell my mother-in-law - there cryptocurrency has no value.... Cash, food, gasoline, weapons have value. Bitcoins? How are you gonna keep yourself alive with them?!
PS Watch the movie "20 days in Mariupol" - basically a documentary about a city in my country, the city of Mariupol, which was attacked by a neighboring country, and you will understand what a real war looks like, and whether in such a situation there is at least a minimal possibility to use cryptocurrency....
-
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
Physical cash or physical things may be better for transactions in the time of a civil war because not many people will have the opportunity to keep their devices charged during a civil war for them to be able to confirm transactions made to them with crypto or bitcoins. It will be easier to carry around your assets in Bitcoin and cryptocurrency during a time of civil war than to use Bitcoin or cryptocurrency for transactions.
-
....
this is why we must still keep our bitcoin then but i doubt that internet will be still available in all places when war comes, maybe this is for limited chances only .
I have already tried several times to open the eyes of dreamers about the "convenience of bitcoin in critical situations" - it becomes the most useless asset if you are in the territory where there is a war. Civil or due to external aggression....
I say this as a person living in a country that has been subjected to external aggression and where 20% of the territory is a war zone.... So I tell my mother-in-law - there cryptocurrency has no value.... Cash, food, gasoline, weapons have value. Bitcoins? How are you gonna keep yourself alive with them?!
PS Watch the movie "20 days in Mariupol" - basically a documentary about a city in my country, the city of Mariupol, which was attacked by a neighboring country, and you will understand what a real war looks like, and whether in such a situation there is at least a minimal possibility to use cryptocurrency....
Btc would mean if you flee the war/country you could have wealth waiting for you.
-
....
this is why we must still keep our bitcoin then but i doubt that internet will be still available in all places when war comes, maybe this is for limited chances only .
I have already tried several times to open the eyes of dreamers about the "convenience of bitcoin in critical situations" - it becomes the most useless asset if you are in the territory where there is a war. Civil or due to external aggression....
I say this as a person living in a country that has been subjected to external aggression and where 20% of the territory is a war zone.... So I tell my mother-in-law - there cryptocurrency has no value.... Cash, food, gasoline, weapons have value. Bitcoins? How are you gonna keep yourself alive with them?!
PS Watch the movie "20 days in Mariupol" - basically a documentary about a city in my country, the city of Mariupol, which was attacked by a neighboring country, and you will understand what a real war looks like, and whether in such a situation there is at least a minimal possibility to use cryptocurrency....
Btc would mean if you flee the war/country you could have wealth waiting for you.
You've described the most optimistic scenario possible. But there are nuances here too - if you are lucky to save your life, the question remains - to save and export the data to recover the wallet data. If it is a physical medium - with a very high probability it can be a "point of failure". Once again - many people do not visualize war as it actually happens. I know a lot of people who literally ran away in one piece of clothing, because their house was completely destroyed before their eyes, and the territory continued to be shelled with artillery, MLRS, aerial bombs - a 500 kilogram aerial bomb completely destroys a house....
In such a situation, there are no thoughts about saving "physical assets", there is only one goal - just to have time to run away, leaving everything...
PS as a possible option - hardware wallets, which will always be in the purse in your pocket.
-
i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
It's only a movie the scenario is very different in real life and it depends on the country where the civil war is happening, if the war happens in a country where Bitcoin is popular they will accept it as long as there is internet and electricity and besides its a civil war, not a World War where there is a worldwide disturbances that happening that will impede transactions.
-
....
this is why we must still keep our bitcoin then but i doubt that internet will be still available in all places when war comes, maybe this is for limited chances only .
I have already tried several times to open the eyes of dreamers about the "convenience of bitcoin in critical situations" - it becomes the most useless asset if you are in the territory where there is a war. Civil or due to external aggression....
I say this as a person living in a country that has been subjected to external aggression and where 20% of the territory is a war zone.... So I tell my mother-in-law - there cryptocurrency has no value.... Cash, food, gasoline, weapons have value. Bitcoins? How are you gonna keep yourself alive with them?!
PS Watch the movie "20 days in Mariupol" - basically a documentary about a city in my country, the city of Mariupol, which was attacked by a neighboring country, and you will understand what a real war looks like, and whether in such a situation there is at least a minimal possibility to use cryptocurrency....
Btc would mean if you flee the war/country you could have wealth waiting for you.
You've described the most optimistic scenario possible. But there are nuances here too - if you are lucky to save your life, the question remains - to save and export the data to recover the wallet data. If it is a physical medium - with a very high probability it can be a "point of failure". Once again - many people do not visualize war as it actually happens. I know a lot of people who literally ran away in one piece of clothing, because their house was completely destroyed before their eyes, and the territory continued to be shelled with artillery, MLRS, aerial bombs - a 500 kilogram aerial bomb completely destroys a house....
In such a situation, there are no thoughts about saving "physical assets", there is only one goal - just to have time to run away, leaving everything...
PS as a possible option - hardware wallets, which will always be in the purse in your pocket.
well the civil war is not happening yet. but there are people who are predicting it will happen actually. which means you have the time to prepare where to store your BTC in case you wanna cross border. i guess you just have to sleep with your hardware wallet all time lol
the crazy part of this civil war, is that the group who killed the president are somewhat like heroes. dam just a crazy world we got into.
movies like this where a man killing the president hailed hero i think will be banned in my country. and to imagine how divided the US as for now, this is a crazy movie.
-
Yes and No, we may consider the recent and ongoing war happening with many countries already and how this has made or created any changes towards their take on bitcoin for adoption, even as some might have been under sanction, yet does not change tier stand for bitcoin, i only believe with time that there will be a global harmonization of bitcoin adoption in everywhere if we can wait till that time arrives.
-
Yes and No, we may consider the recent and ongoing war happening with many countries already and how this has made or created any changes towards their take on bitcoin for adoption, even as some might have been under sanction, yet does not change tier stand for bitcoin, i only believe with time that there will be a global harmonization of bitcoin adoption in everywhere if we can wait till that time arrives.
before the harmony, there will still be a war. as it has been since time.
the election often times divide the country especially now that they sentenced Trump. the far right will be furious about this and there seem to be funding flowing to Trump's campaign. and then the support for cryptocurrency is also growing. anyone seeing this as if its paving the way to such situation?
i could be wrong of course. but in my country, this is somewhat possible as well because of the division and one political party especially the south is threatening to separate the government.
-
I think it's will be good to see crypto currencies been accepted during civil war's situation where banks and other important services are closed making it hard to have physical cash and where to buy something along the road it will give birth to a new other which everyone will turn to crypto currency as the last resort, but hey that's a movie we are talking about so it will be very difficult for it to be in real life situation and even if it happens it will all depends on the government of the day weather they will permit the use of crypto currency
-
In that kind of situation I think the warlords would gladly accept Bitcoin without thinking twice, that is if they already know about it. Cause they can misplace cash at anytime but with Bitcoin transaction, it will be safe for them.
But the factor to consider is if the country they are accepts such currencies for instance if they are in china it might be complicated.
-
Accepting bitcoin and other form of cryptocurrency will be better during such period, because no one will be able to rob you of your funds, and you can have millions but no one will know that it is withing your reach. In civil war banks can disappoint us but as long as there is internet and phones, crypto cannot disappoint.
Yeah crypto's can not disappoint in times like this but in that instance physical money are also needed cause sometimes not everyone may accept crypto currencies, and maybe crypto also may not be legal where the war is taking place.
-
Yeah crypto's can not disappoint in times like this but in that instance physical money are also needed cause sometimes not everyone may accept crypto currencies, and maybe crypto also may not be legal where the war is taking place.
Some years back, around 2021 when Iran was fuming with US that led to the killing of one of their general spy, things like gold, guns and Bitcoin were running up fastly and this because in war, there is money and the money goes to things that readily available that's why crypto is general language that everyone will understand when there is a war.
There might be some restrictions if there is a connection actually, some exchanges were banning some users accounts and restricting them of there money from the exchanges after it was alleged that the coins were from terrorism funding. This is one of the disadvantages of using centralized exchanges to hold coin during wars.
-
Accepting bitcoin and other form of cryptocurrency will be better during such period, because no one will be able to rob you of your funds, and you can have millions but no one will know that it is withing your reach. In civil war banks can disappoint us but as long as there is internet and phones, crypto cannot disappoint.
Yeah crypto's can not disappoint in times like this but in that instance physical money are also needed cause sometimes not everyone may accept crypto currencies, and maybe crypto also may not be legal where the war is taking place.
civil war today will probably the same as what was depicted in the movie Civil War 2024. there are people already speculating for it to happen whoever wins the US election. there will always be states that will not honor the election process and will turn the region as separatist when they can't see benefit to the leadership either Kamala or Trump.
while the war lords may accept BTC, they may also be accepting any top cryptocurrency as long as there is value to it and people accepts it. but yes gold and guns will be important to everyone.
-
while the war lords may accept BTC, they may also be accepting any top cryptocurrency as long as there is value to it and people accepts it. but yes gold and guns will be important to everyone.
I agree. As long as there is internet cryptocurrency could be crucial in this kind of situation as it is way safer compared to having physical assets like fiat that can be stolen so as precious metals but with the possibility of locality using it though in United States many are into crypto then it is not an issue but here in my place maybe only few are into crypto while digital wallets is quite common here so cashless transactions just like what had happened during pandemic was very effective.
-
I agree. As long as there is internet cryptocurrency could be crucial in this kind of situation as it is way safer compared to having physical assets like fiat that can be stolen so as precious metals but with the possibility of locality using it though in United States many are into crypto then it is not an issue but here in my place maybe only few are into crypto while digital wallets is quite common here so cashless transactions just like what had happened during pandemic was very effective.
Do you think that crypto can't be stolen? Especially in a civil war scenario? Where people will first shoot you then ask you to give you their money?
How many cases have we already seen of robbers beating their victims till they disclose all their keys and wallets? You realize robbers will just have to hit you till you give them the keys and after that keep hitting you to tell them more keys in case you have, they don't care that you don't actually own more, they will just keep doing it till you either fell unconscious or you give them all.
Besides, as civil war and actual wars have proven, cash is king, if it were for crypto you would see people actually using it but that's not the case.
Why take crypto when next bomb can bring down your generator and you have no way of spending those coins?
-
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
It's better to think about what is possible than having a thought of what is not possible.
In the middle of a war, I don't think there will be electricity or internet accessibility for people to make sure of. If both electricity and internet connection can be accessible, you won't call that war because war is the destruction of both living and nonliving things. The country where the war is happening will be in a total blackout and shutdown. Nothing will be moving "economically or technologically." People will be more interested in how they will be safe and think of ways to survive. For someone's Bitcoin storage, they will think of where to hide their seed phrase, like underground or so.
-
A country with no electricity running means they're all in a mess. They wouldn't be able to make business and no internet as well. No BTC or altcoin transactions in the country, it will be isolated to the rest of the world.
They would need an intervention from another country but which one when every country today is already suffering from bad economy.
-
A country with no electricity running means they're all in a mess. They wouldn't be able to make business and no internet as well. No BTC or altcoin transactions in the country, it will be isolated to the rest of the world.
best case scenario is you keep your funds safe in your wallet whether hot or cold and eventually get access to it when things get better
worst case scenario your wallet ends up getting destroyed in the process i don’t think exchanging them is the priority in a war but just keeping it safe would be enough
They would need an intervention from another country but which one when every country today is already suffering from bad economy.
there’s lots of countries out there still that would involve themselves in the business of other countries as long as they benefit from it one way or another
-
Since Bitcoin and cryptos in general is not issued by any country means it will be accepted in any scenario for better understanding where gold is accepted we can say Bitcoin will accepted too.
Modern day civil war scenario will most likely happen for natural resources due to scarcity or any reason that wiped the existing quantity so you can also consider stacking foods which will be more preferable choice as money.
-
Since Bitcoin and cryptos in general is not issued by any country means it will be accepted in any scenario for better understanding where gold is accepted we can say Bitcoin will accepted too.
Modern day civil war scenario will most likely happen for natural resources due to scarcity or any reason that wiped the existing quantity so you can also consider stacking foods which will be more preferable choice as money.
Due to high inflation and stuff during a civil unrest people will start accepting any form of currency that is apart from fiat thta is why precious metals and cryptocurrency are one of the best option in this kind of scenario though cryptocurrency is for me the safest one here and has an edge comapred to having physical silver and gold the only problem here is the adoption because like for example here in my place I don't know how many people are using crypto and I am sure only few of us are holding it and that is quite a downside due to limited supplies we can trade with as I know majority here still prefer to use fiat in exchange for goods and services.
-
Since Bitcoin and cryptos in general is not issued by any country means it will be accepted in any scenario for better understanding where gold is accepted we can say Bitcoin will accepted too.
Modern day civil war scenario will most likely happen for natural resources due to scarcity or any reason that wiped the existing quantity so you can also consider stacking foods which will be more preferable choice as money.
Due to high inflation and stuff during a civil unrest people will start accepting any form of currency that is apart from fiat thta is why precious metals and cryptocurrency are one of the best option in this kind of scenario though cryptocurrency is for me the safest one here and has an edge comapred to having physical silver and gold the only problem here is the adoption because like for example here in my place I don't know how many people are using crypto and I am sure only few of us are holding it and that is quite a downside due to limited supplies we can trade with as I know majority here still prefer to use fiat in exchange for goods and services.
with Trump trying to make crypto known to everyone, the amount of users right now mush have increased significantly.
there is a threat to this crypto though because just recently the cable under the BlackSea was allegedly cut making internet connection vulnerable. this could mean that even if the power grid is up and running but the internet isn't then its possible that crypto may be useless.
in such scenario, its still the food that we can use to trade.
-
Accepting bitcoin and other form of cryptocurrency will be better during such period, because no one will be able to rob you of your funds, and you can have millions but no one will know that it is withing your reach. In civil war banks can disappoint us but as long as there is internet and phones, crypto cannot disappoint.
Times like civil war's is the best time for crypto currencies to be used because you can't be having physical cash to be moving about as Banks and will be shut down during such situations so crypto will play a big role and help as you will not needing physical cash but you can buy anything you want online using crypto because in war times allot of bad things can happen and the tendency of one losing money is high so the best time to even use crypto currencies is during times of war as it will help people to do transactions without the use of physical cash
-
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
When we are in wars, everything will be hard to accept. Even crypto coins, I think it won't be as well as in normal condition. I personally don't expect to experience such civil war scenario. Even it is still logic that Bitcoin or other crypto coins to be accepted, I doubt with its value and people's interest in the crypto coins. People may forget it and they will only focus on thinking about the way to secure their basic needs with any physical things.
-
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
When we are in wars, everything will be hard to accept. Even crypto coins, I think it won't be as well as in normal condition. I personally don't expect to experience such civil war scenario. Even it is still logic that Bitcoin or other crypto coins to be accepted, I doubt with its value and people's interest in the crypto coins. People may forget it and they will only focus on thinking about the way to secure their basic needs with any physical things.
how different are we in today's current situation where we are in the brink of WW3 compare to a situation where there will be civil war in your country? (which ever country youre from) in Europe i think they are all preparing to head to Ukraine.
whichever comes first as long as there is no nukes, i think a lot of us will still survive and maybe we still have those coins whether it will be accepted at some point while in such situation or not i may still be keeping them. if its accepted i will definitely use the coins to buy weapons, ammos and food.
-
i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
We have to understand that bitcoin being a decentralized digital currency could serve in different purpose for the people too use, in case of war, people will be fighting against each other and the use of a currency will be regulated as well as sanction being given on so many economic aspect of a country, but the use of bitcoin can fervently serve a resistance on that, because bitcoin is not a centrally controlled digital currency by a centralized authority.
-
Accepting bitcoin and other form of cryptocurrency will be better during such period, because no one will be able to rob you of your funds, and you can have millions but no one will know that it is withing your reach. In civil war banks can disappoint us but as long as there is internet and phones, crypto cannot disappoint.
Times like civil war's is the best time for crypto currencies to be used because you can't be having physical cash to be moving about as Banks and will be shut down during such situations so crypto will play a big role and help as you will not needing physical cash but you can buy anything you want online using crypto because in war times allot of bad things can happen and the tendency of one losing money is high so the best time to even use crypto currencies is during times of war as it will help people to do transactions without the use of physical cash
As practice has shown, unfortunately negative (my country suffers from external aggression) - our cash or money in stable currencies (dollar, euro), turned out to be the most liquid means for purchases. How can you pay with cryptocurrency - if your city is destroyed by barbaric bombings, and there is no communication, even primitive mobile communication. Probably cryptocurrency, in such a situation, can be considered only as a safer mechanism to take out your assets/savings, without the risk of being captured and searched by the invaders, with the loss of all found fiat money or jewelry....
-
We have to understand that bitcoin being a decentralized digital currency could serve in different purpose for the people too use, in case of war, people will be fighting against each other and the use of a currency will be regulated as well as sanction being given on so many economic aspect of a country, but the use of bitcoin can fervently serve a resistance on that, because bitcoin is not a centrally controlled digital currency by a centralized authority.
Indeed. Bitcoin is decentralized, no country or no institution controls Bitcoin. Using Bitcoin for global currency will be fair for any country. So, it will be possible to have Bitcoin as the solution for the global currency in a civil war scenario. Morever, Bitcoin is getting popular around the world recently, specifically after everyone knows that Trump supports Bitcoin or crypto industry. I'm pretty sure that each country in the world will be trying to have Bitcoin for their future reserve financial.
-
Accepting bitcoin and other form of cryptocurrency will be better during such period, because no one will be able to rob you of your funds, and you can have millions but no one will know that it is withing your reach. In civil war banks can disappoint us but as long as there is internet and phones, crypto cannot disappoint.
Times like civil war's is the best time for crypto currencies to be used because you can't be having physical cash to be moving about as Banks and will be shut down during such situations so crypto will play a big role and help as you will not needing physical cash but you can buy anything you want online using crypto because in war times allot of bad things can happen and the tendency of one losing money is high so the best time to even use crypto currencies is during times of war as it will help people to do transactions without the use of physical cash
As practice has shown, unfortunately negative (my country suffers from external aggression) - our cash or money in stable currencies (dollar, euro), turned out to be the most liquid means for purchases. How can you pay with cryptocurrency - if your city is destroyed by barbaric bombings, and there is no communication, even primitive mobile communication. Probably cryptocurrency, in such a situation, can be considered only as a safer mechanism to take out your assets/savings, without the risk of being captured and searched by the invaders, with the loss of all found fiat money or jewelry....
not to worry DrBeer. it looks like the Ukr vs Rus is going to end soon though.
G7 already stole Russia's foreign reserve of $20B and gave it to Zelensky. hows that for the payment of the land that Russia will take. sooner i think they will call it quits. ;D
i doubt Zelensky is going to give it to Ukrine though. his wife gonna buy more luxury cars after the war.
don't go playing with words like they always do. you gotta see thru it. when they say Israel move swiftly to Syria's buffer zone. Its call invasion.
and when news is about Russia, Russia invades more land. you're old enough to be tricked.
We have to understand that bitcoin being a decentralized digital currency could serve in different purpose for the people too use, in case of war, people will be fighting against each other and the use of a currency will be regulated as well as sanction being given on so many economic aspect of a country, but the use of bitcoin can fervently serve a resistance on that, because bitcoin is not a centrally controlled digital currency by a centralized authority.
Indeed. Bitcoin is decentralized, no country or no institution controls Bitcoin. Using Bitcoin for global currency will be fair for any country. So, it will be possible to have Bitcoin as the solution for the global currency in a civil war scenario. Morever, Bitcoin is getting popular around the world recently, specifically after everyone knows that Trump supports Bitcoin or crypto industry. I'm pretty sure that each country in the world will be trying to have Bitcoin for their future reserve financial.
sounds like the plan they have since time. so if US has BTC reserves, it will not be surprising for the rest to also have BTC. all it needs then is a civil war for its complete adoption?
-
sounds like the plan they have since time. so if US has BTC reserves, it will not be surprising for the rest to also have BTC. all it needs then is a civil war for its complete adoption?
Well yeah from what I saw from news it seems some countries are looking into Bitcoin adoption most specifically those countries that is worried about sanctions you know what I mean. Civil war really is not an option if we are say but we should also understand that it is inevitable as we can see on the news nowadays and I am also wondering if people really use crypto in this kind of situation and I guess they're not because looting is common which happened here in my province when we're hit by supertyphoon and there is also food and financial aid whether from foreign or the government agencies. But if you are familiar with the game DayZ which is a survival game though not a real life depiction since it has zombies on it but the survival scenario and an option to use Bitcoin as currency is crazy realistic.
-
Well yeah from what I saw from news it seems some countries are looking into Bitcoin adoption most specifically those countries that is worried about sanctions you know what I mean.
And what would they do with Bitcoin?
That's not how sanctions work, sanctions are placed on a company's persona and the ones dealing with them, for example a company is banned from providing insurance for the ships carrying oil, and there is nobody with a pistol there to shoot the moment the company receives $, they don't do that because they will be banned from doing business isn't the US, that's why a few Chinese vessels don't care while transporting Iranian oil since they will never be used for anything else but no major company would touch that with a 20-foot pole!
So bitcoin or $ or ruble or rials, it won't help you avoid sanctions, if it were that easy you wouldn't hear Russians screaming for 3 years for the west to lift them.
-
Well yeah from what I saw from news it seems some countries are looking into Bitcoin adoption most specifically those countries that is worried about sanctions you know what I mean.
And what would they do with Bitcoin?
That's not how sanctions work, sanctions are placed on a company's persona and the ones dealing with them, for example a company is banned from providing insurance for the ships carrying oil, and there is nobody with a pistol there to shoot the moment the company receives $, they don't do that because they will be banned from doing business isn't the US, that's why a few Chinese vessels don't care while transporting Iranian oil since they will never be used for anything else but no major company would touch that with a 20-foot pole!
So bitcoin or $ or ruble or rials, it won't help you avoid sanctions, if it were that easy you wouldn't hear Russians screaming for 3 years for the west to lift them.
you mean ships carrying oil that is also sanctioned NOT to bring weapons to protect them from pirates but when the USD is not used by these ships carrying oil, the US is the one embargoing their oil for themselves like pirates do.
so what would you do with Bitcoin? and why is the US complaining about BRICS not using USD anymore?
if the country pretends there is an alien invasion everywhere because of the drones flying around, you can already tell how sick they are. it will not be surprising if they will declare martial law. civil war may not be so far fetch when they revolt while their government bans BTC.
-
sounds like the plan they have since time. so if US has BTC reserves, it will not be surprising for the rest to also have BTC. all it needs then is a civil war for its complete adoption?
Not sure whether it is their plan or not, but I just view Bitcoin is possible to use because it is fair for any country in the world. At least, there are no country that controls Bitcoin. It is purely decentralized.
Civil war isn't a must, every party must try to avoid it. If it happens, every country may have worse economic condition. However, if it is no longer avoided someday, Bitcoin may be the fair currency to use.
IMO, DYOR/DWYOR
-
As practice has shown, unfortunately negative (my country suffers from external aggression) - our cash or money in stable currencies (dollar, euro), turned out to be the most liquid means for purchases. How can you pay with cryptocurrency - if your city is destroyed by barbaric bombings, and there is no communication, even primitive mobile communication. Probably cryptocurrency, in such a situation, can be considered only as a safer mechanism to take out your assets/savings, without the risk of being captured and searched by the invaders, with the loss of all found fiat money or jewelry....
not to worry DrBeer. it looks like the Ukr vs Rus is going to end soon though.
G7 already stole Russia's foreign reserve of $20B and gave it to Zelensky. hows that for the payment of the land that Russia will take. sooner i think they will call it quits. ;D
i doubt Zelensky is going to give it to Ukrine though. his wife gonna buy more luxury cars after the war.
don't go playing with words like they always do. you gotta see thru it. when they say Israel move swiftly to Syria's buffer zone. Its call invasion.
and when news is about Russia, Russia invades more land. you're old enough to be tricked.
Hello victim of raschist* propaganda :)
1. There is no war of Ukraine against Russia. There is a terrorist attack by Russia, led by the Rashist junta, against independent Ukraine, for the realization of painful ambitions, a pathetic parody of his idol Hitler, Putin (an international criminal)
2. the assets of the terrorist country were not stolen, but were legally seized, to finance and pay reparations to the aggressor country. Reason ? It is banal - from the side of the terrorist country it is a violation of the Budapest Memorandum, from the side of the EU - within the framework of compliance with international law.
3. your assessment - let's be honest - is purely subjective, and has no argumentation, you just want to smear Zelensky, a man who played in KVN, was a humorist, was never a politician, and who crushed “the great Putin” just like a bug :) Humorist put in place a huge country, with a bloody tyrant at the head, which in fear keeps 100 million of its citizens ! Although I will say right away - I am not a supporter of Zelensky, and I have arguments for this :)
4. your pathetic attempts at manipulation are expected :)
It is very funny to see how you try to link Israel's invasion of a country from where it was attacked with the fact that the terrorist country attacked Ukraine for the same reason :) I'll say it again - you look very stupid and everyone can see it :)
*Rashism - is the Russian version of Nazism.
-
As practice has shown, unfortunately negative (my country suffers from external aggression) - our cash or money in stable currencies (dollar, euro), turned out to be the most liquid means for purchases. How can you pay with cryptocurrency - if your city is destroyed by barbaric bombings, and there is no communication, even primitive mobile communication. Probably cryptocurrency, in such a situation, can be considered only as a safer mechanism to take out your assets/savings, without the risk of being captured and searched by the invaders, with the loss of all found fiat money or jewelry....
not to worry DrBeer. it looks like the Ukr vs Rus is going to end soon though.
G7 already stole Russia's foreign reserve of $20B and gave it to Zelensky. hows that for the payment of the land that Russia will take. sooner i think they will call it quits. ;D
i doubt Zelensky is going to give it to Ukrine though. his wife gonna buy more luxury cars after the war.
don't go playing with words like they always do. you gotta see thru it. when they say Israel move swiftly to Syria's buffer zone. Its call invasion.
and when news is about Russia, Russia invades more land. you're old enough to be tricked.
Hello victim of raschist* propaganda :)
1. There is no war of Ukraine against Russia. There is a terrorist attack by Russia, led by the Rashist junta, against independent Ukraine, for the realization of painful ambitions, a pathetic parody of his idol Hitler, Putin (an international criminal)
2. the assets of the terrorist country were not stolen, but were legally seized, to finance and pay reparations to the aggressor country. Reason ? It is banal - from the side of the terrorist country it is a violation of the Budapest Memorandum, from the side of the EU - within the framework of compliance with international law.
3. your assessment - let's be honest - is purely subjective, and has no argumentation, you just want to smear Zelensky, a man who played in KVN, was a humorist, was never a politician, and who crushed “the great Putin” just like a bug :) Humorist put in place a huge country, with a bloody tyrant at the head, which in fear keeps 100 million of its citizens ! Although I will say right away - I am not a supporter of Zelensky, and I have arguments for this :)
4. your pathetic attempts at manipulation are expected :)
It is very funny to see how you try to link Israel's invasion of a country from where it was attacked with the fact that the terrorist country attacked Ukraine for the same reason :) I'll say it again - you look very stupid and everyone can see it :)
*Rashism - is the Russian version of Nazism.
hello stockholm syndrome victim. ;D
if you only knew what happen behind close doors while Zelensky is being scolded by Blinken when he wants to end the war by trying to make a deal with Putin.
there is a war. we already told you how it started. you just wont listen.
terrorist is what they US named to those people. but when it over throws their enemy,m they wanna make ally to them like the rebel in Syria. it was once called terrorist by US but now they wanna reward them for overthrowing Assad lol
its just you who doesn't see the whole picture. Even Taiwanese knew they won't fight against China because they don't want to end up like Ukraine left alone by US to fight Russia.
-
Accepting bitcoin and other form of cryptocurrency will be better during such period, because no one will be able to rob you of your funds, and you can have millions but no one will know that it is withing your reach. In civil war banks can disappoint us but as long as there is internet and phones, crypto cannot disappoint.
Bitcoin seems to be the best way to store our assets during a civil war. But the main issue is that, during a civil war, there will be no Internet connection or electricity to power up people's gadgets. Almost everything will be shut down, out of people's reach. What most people will be after is how to store up their seed phrase and keep it safe so that they won't lose it out of civil war.
-
As practice has shown, unfortunately negative (my country suffers from external aggression) - our cash or money in stable currencies (dollar, euro), turned out to be the most liquid means for purchases. How can you pay with cryptocurrency - if your city is destroyed by barbaric bombings, and there is no communication, even primitive mobile communication. Probably cryptocurrency, in such a situation, can be considered only as a safer mechanism to take out your assets/savings, without the risk of being captured and searched by the invaders, with the loss of all found fiat money or jewelry....
not to worry DrBeer. it looks like the Ukr vs Rus is going to end soon though.
G7 already stole Russia's foreign reserve of $20B and gave it to Zelensky. hows that for the payment of the land that Russia will take. sooner i think they will call it quits. ;D
i doubt Zelensky is going to give it to Ukrine though. his wife gonna buy more luxury cars after the war.
don't go playing with words like they always do. you gotta see thru it. when they say Israel move swiftly to Syria's buffer zone. Its call invasion.
and when news is about Russia, Russia invades more land. you're old enough to be tricked.
Hello victim of raschist* propaganda :)
1. There is no war of Ukraine against Russia. There is a terrorist attack by Russia, led by the Rashist junta, against independent Ukraine, for the realization of painful ambitions, a pathetic parody of his idol Hitler, Putin (an international criminal)
2. the assets of the terrorist country were not stolen, but were legally seized, to finance and pay reparations to the aggressor country. Reason ? It is banal - from the side of the terrorist country it is a violation of the Budapest Memorandum, from the side of the EU - within the framework of compliance with international law.
3. your assessment - let's be honest - is purely subjective, and has no argumentation, you just want to smear Zelensky, a man who played in KVN, was a humorist, was never a politician, and who crushed “the great Putin” just like a bug :) Humorist put in place a huge country, with a bloody tyrant at the head, which in fear keeps 100 million of its citizens ! Although I will say right away - I am not a supporter of Zelensky, and I have arguments for this :)
4. your pathetic attempts at manipulation are expected :)
It is very funny to see how you try to link Israel's invasion of a country from where it was attacked with the fact that the terrorist country attacked Ukraine for the same reason :) I'll say it again - you look very stupid and everyone can see it :)
*Rashism - is the Russian version of Nazism.
hello stockholm syndrome victim. ;D
if you only knew what happen behind close doors while Zelensky is being scolded by Blinken when he wants to end the war by trying to make a deal with Putin.
there is a war. we already told you how it started. you just wont listen.
terrorist is what they US named to those people. but when it over throws their enemy,m they wanna make ally to them like the rebel in Syria. it was once called terrorist by US but now they wanna reward them for overthrowing Assad lol
its just you who doesn't see the whole picture. Even Taiwanese knew they won't fight against China because they don't want to end up like Ukraine left alone by US to fight Russia.
;D ;D ;D ;D ;D ;D ;D ;D
"if you only knew what happen behind close doors while Zelensky is being scolded by Blinken when he wants to end the war by trying to make a deal with Putin." - and of course you're there, or does the secretary take the transcript for you? Is this happening in the next room? Where the head doctor of the psychiatric hospital where 3 “Zelensky”, 4 “Bliken”, 1 “Napoleon” and 8 “Putin” are under compulsory treatment ? :)
In general, the expected answer - delusions and fantasies, but not a single argument and fact :)
PS “The enemy of my enemy is my friend”, an old principle. And terrorism is exactly what Russia is doing in Ukraine, just study the description of what terrorism is first! I'm sure you've never familiarized yourself with the term, because propaganda channels have drummed into uneducated minds that terrorism is “punishment for breaking laws”. By your logic, all cops and courts are terrorists ? :)
-
^
well that's how how the world will see it. have you seen how they treat Zelensky? the dude doesn't even have the right to wear something else but that green military shirt ;D
“The enemy of my enemy is my friend”,
whoever said this doesn't understand politics because they are all enemies extorting each other. those NATO countries will break apart when one nuke is fired. they don't wanna get hit and all they wanna do is be neutral in the end.
-
^
well that's how how the world will see it. have you seen how they treat Zelensky? the dude doesn't even have the right to wear something else but that green military shirt ;D
“The enemy of my enemy is my friend”,
whoever said this doesn't understand politics because they are all enemies extorting each other. those NATO countries will break apart when one nuke is fired. they don't wanna get hit and all they wanna do is be neutral in the end.
Zelensky is treated just fine. He has not become a pariah and despicable like Putin's international outlaw. Besides, Putin, an international criminal, is afraid of Zelensky, which also adds to Zelensky's rating. Where such conclusions come from you will ask expectantly (and you are very predictable :) ), I answer - after another change of the reason for the terrorist attack on Ukraine, the Kremlin's pathetic Fuhrer now says that the reason and purpose of the “3 day SWO” is to destroy Zelensky :)).
By the way - I have seen Zelensky surrounded by world leaders for the last years, while international criminal Putin can be seen only near world outcasts, and that is if Putin was able to pay for their visit :)
PS I'm sure you will try to justify yourself now and talk about BRICS2024, right ? :)
-
i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
I think that would be safer way to store the money through Bitcoin in that kind of situation compared to having fiat currency or physical money or precious metals that can be looted or robbed. Though phones and devices can be looted but as long as you have the private keys of your wallet it is still safe.
the help of crypto and bitcoin will be safer due to armbush robbery,and it will also help in moving money around the battle field faster.
-
Bitcoin seems to be the best way to store our assets during a civil war. But the main issue is that, during a civil war, there will be no Internet connection or electricity to power up people's gadgets. Almost everything will be shut down, out of people's reach. What most people will be after is how to store up their seed phrase and keep it safe so that they won't lose it out of civil war.
If there is no internet and no electricity, it will be difficult to trade Bitcoin. At that time, the price of Bitcoin can be declining a lot. If this happens, Bitcoin is no longer to be the best option for investment. People may choose Gold to be a better option for their investment. Well, the password can be safe, the Bitcoin can be still on the wallet. But it will be bad for Bitcoiners if the price starts to decline day after day.
-
whoever said this doesn't understand politics because they are all enemies extorting each other. those NATO countries will break apart when one nuke is fired. they don't wanna get hit and all they wanna do is be neutral in the end.
The moment a nuke is fired some will remember Europe has two nuclear powers with enough warheads to end Russia, but it will be too late.
Anyhow, it's been 3 years how is the mighty Russian army doing?
the help of crypto and bitcoin will be safer due to armbush robbery,and it will also help in moving money around the battle field faster.
That until robbers start braking your fingers and asking for your private!
They don't even have to know you have crypto, they will just do it, how long do yu think you would last?
-
Bitcoin seems to be the best way to store our assets during a civil war. But the main issue is that, during a civil war, there will be no Internet connection or electricity to power up people's gadgets. Almost everything will be shut down, out of people's reach. What most people will be after is how to store up their seed phrase and keep it safe so that they won't lose it out of civil war.
If there is no internet and no electricity, it will be difficult to trade Bitcoin. At that time, the price of Bitcoin can be declining a lot. If this happens, Bitcoin is no longer to be the best option for investment. People may choose Gold to be a better option for their investment. Well, the password can be safe, the Bitcoin can be still on the wallet. But it will be bad for Bitcoiners if the price starts to decline day after day.
Anyways, it doesn't seem good if Bitcoin price starts to decline we have nothing to do about it because we are in a country having a civil war that has affected us in trading our Bitcoin for gains, instead of experiencing losses.
However, there is a popular saying about Bitcoin, that is, as long as you are not selling your Bitcoin at a loss price, there is a tendency that you recover your losses and end up with profits. It's just a matter of time.
War wouldn't last forever and Bitcoin price wouldn't be declining without it bouncing back in price