Bitcoin has done more for Ukraine than NATO and the UN combined

As in Afghanistan, Gaza Strip and Cuba, Bitcoin is helping the Ukrainian people to save themselves from the problems caused by the armed conflict in their country. Since the last day of February 24, 2022, Ukrainians have been waking up to the sound of bombs going overhead and seeing them explode near their homes.

This aggression by the former Soviets against the neighboring country is, needless to say, utterly abhorrent and endangers the lives of millions of citizens.

Even with the legacy system in tatters as a result of the conflict, the people of Cossack descent were able to support the military and thousands of individuals who fled to other countries or are still present in their hometowns.

Bitcoin is legal in Ukraine

Unlike China, Ukrainians can use Bitcoin in their country without any concern, after parliament ruled that anyone can use it without any kind of restrictive sanction.

We saw several people who showed solidarity with the victims of war, helped the population in every possible way, even if the government of the country was indifferent to the confrontation, and helped those who could to free themselves from the aggression perpetrated by the men of Putin was provoked.

It was clear that there were people taking advantage of the situation, as was the case with some agents of the Brazilian stationary bandit, who went to Ukrainian soil to do anything but help.

But we are not going to focus on these immoral parasites here in this article. For those with good intentions, Bitcoin turned out to be an excellent tool to receive donations from all over the world.


Although the problem is far from us Terra Brazilmany politicians agree that this could be the biggest conflict since World War II, that’s because Putin, in his anger at being the Big Brother of George Orwell’s 1984 story, sent the beans to various international treaties, only to invade the neighboring country.

It even tore up the Geneva Conventions, which are the rules of fair game – if there is such a thing – which were defined by most countries when they entered the armed confrontation.

2,000 civilians were killed in the first week alone, according to the Ukrainian military service. Armored vehicles were recorded running over cars carrying civilians, entire families were killed by mortars, houses destroyed by military jets and most shockingly, children’s hospitals were bombed.

So-called humanitarian corridors, an expression for routes for the evacuation of civilians and the supply of the affected regions, are not working, creating a widespread case in the cities where the two armies face each other.

This destroys the most fundamental right of the individual, his right to life, because people don’t know whether it is safer to leave the house to evacuate from the war zone, or whether it is better to stay at home, worried, on the the brink of destruction by infantry.


Large humanitarian organizations cannot reach these individuals to offer them the least possible protection. NATO is turning a blind eye and the sanctions against the former Soviet Union are comical.

When we look at this reality, we realize that many people find themselves in a situation where it is almost impossible to get help through orthodox means.

In addition, the country’s banking system is in shambles. Despite the Ukrainian government being able to pay its national debt, the biggest problems lie in the daily life of the population.

Many banks don’t work. The electronic payment system is down for millions of Ukrainians, and the bank run has de [papel moeda se tornasse escasso]which again shows the fragility of a fractional reserve system, something Murray Rothbard has commented on multiple times in his books and articles.

With all these problems, everything gets more complicated. The army of the invaded country cannot receive financial support. People trapped in the invaded cities cannot go out, not even buy food, because there is no way to make a simple transaction.

It was even worse, as there were many places without internet, but luckily that was circumvented thanks to Elon Musk’s Starlink. With the legacy system having all these problems, Bitcoin is emerging as a tool that can literally save people’s lives in this time of war.

If these people were using Bitcoin, issues with the legacy system would not affect them, as transactions would take place normally, in a simple, fast and secure way. In addition, people who managed to take refuge in other countries could take their wealth with them by copying the seeds from their bitcoin wallets.

If Laleh Farzan managed to get out of Afghanistan and come to Germany as a refugee with the seeds he took on a small piece of paper, then so could the Ukrainians.


The anonymity that the coin can provide is also very important in times of war, as anyone who wants to help the Ukrainian military or those in need can do so without anyone knowing. Russians who oppose the conflict could help the opposing side without worrying about whether the government would know about it or not.

Every day, more Ukrainians are using Bitcoin to carry out their transactions and payments. This was driven by the fact that it was legalized in the country, removing any kind of bureaucratic impediment.

This has united all Ukrainians, be they workers, military, businessmen, civil servants or various socio-economic groups. This can be confirmed by trying to make a donation to a non-governmental organization dedicated to helping Ukraine, which certainly accepts Bitcoin donations.

Also, many organizers know that this is the best option at the moment because due to the problem of the banking system not working, paper money and cryptos are the only ways to do shopping in the capital of the country, Kiev.

Not to mention that digital currencies are much more reliable and easier to use as they can be donated by anyone in the world, not just those who own the government currency.

The fact that Bitcoin has centralization at its core, non-governmental entities and local activists play a complementary role where they can distribute aid much more easily among individuals so that they do not get discouraged and are ready to protect the freedom of their country. †

This situation adds another refutation to the misconception that Bitcoin is bad for the environment. What is really bad for the environment is the Russian armed forces deploying heavy weapons on March 4, 2022 to take Europe’s largest nuclear power plant.

Bitcoin saves Ukrainians

This is indeed an environmental crisis. To give you an idea, if there was a problem with the nuclear reactors at this plant, the catastrophe could be ten times greater than what happened at Chernobyl.

The conflict in Ukraine shows that operations that endanger peaceful individuals, humanity and the entire world civilization are centralized. However, voluntary, independent, decentralized and distributed coordinations succeed in resolving such threats.

Ukrainians have legalized Bitcoin and it is used to save many people during this period of war because it is decentralized and distributed. Bitcoin remains synonymous with life, freedom and salvation for people in the most complicated moments of their lives.

Source: Live Coins