All they have to do is take a small piece of paper in which the wallet address and passwords are written, without the need to bring bags loaded with money that could be taken from them by force in the event of an escalation of clashes
Despite the noticeable decline in the prices of cryptocurrencies, foremost of which is Bitcoin, the situation on the ground proves that Bitcoin will prove to all of us that it is the best thing you can rely on in crises.
Let's imagine the Ukrainian IDPs are unable to draw their money from Ukrainian banks, while they can deal with bitumen from anywhere on the surface of the earth in light of this current crisis.
Putin also asked the Bank of Russia to reach a consensus with the country’s Ministry of Finance, who on Tuesday discouraged a complete prohibition of bitcoin trading and mining in the country, citing how such a move could hurt Russia’s ability to compete in the technology sector.
Vladimir Putin on Wednesday said the country has distinctive characteristics that allow it to benefit from bitcoin mining while its central bank last week called for a complete ban of the activity in the country as it worries cryptocurrencies could pose risks to its citizens.
Boom 🇧🇭🇧🇭🇧🇭
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