Crypto fixes this: part 2

Why an unstable world proves the point of cryptocurrencies (The Russian invasion of Ukraine)

IMPORTANT DISCLAIMER: This series will deal with current world events and their consequences. We will be discussing the actions of governments, social movements and individuals that we don’t support, and we will be speaking of decisions that we do not condone. Our argument is always for cryptocurrencies and what we consider to be every individual’s right to keep and use them. We argue for nothing else, including but not limited to whatever politics the people discussed in these articles espouse.

This is the second installment of our series about failure.

Bitcoin and cryptocurrencies are commonly accused of being a solution looking for a problem, but this couldn’t be farther from the truth. Bitcoin and cryptocurrencies came to be as a direct response to a crisis that engulfed the entire planet and ruined millions of lives. A problem that wasn’t inevitable, as many said at the time, but a problem that was the direct result of the way our financial system works.

We aren’t in the business of politics, but we vehemently condemn war.

War is the greatest threat to a free life we can possibly imagine, and that includes the Russian invasion of Ukraine.

We encourage all Ukrainian businesses to use our services entirely free of charge.

Today, we will be speaking about that very same Russian invasion of Ukraine.

But not about the war itself. We will be speaking about the consequences of said war for those that are often forgotten: everyday people.

Why did Russia invade Ukraine?

Short answer? It depends on who you ask. The Russian Government has given us a bunch of possible explanations.

One day, he thinks Ukraine doesn’t really exist.

Another day, it’s because Ukraine is set to join NATO (even though they haven’t applied and NATO isn’t interested).

Maybe it’s because Kyiv is actually the capital of Russia?

This is by no means a comprehensive list. Russian authorities have given many different reasons for what they call a “special military operation” and have changed their story constantly.

If you ask most Western leaders, however, this is an unprovoked and unjustified attack.

Longer answer? This piece by The Guardian is a quick read that will give you the basics. A true explanation of this conflict, however, would demand delving into a library and staying there for a good long while.

If you are interested in learning more about this, and how crypto helped the lives of regular people caught up in this conflict, this are the titles on the article:

So what happened when the war broke?

Crypto can get anywhere as long as there’s Internet

What about Russia?

Bottomline

Crypto has made it easier for the Ukrainian government to defend itself from invasion.

This is a fact.

Crypto is making it easier to fund the resettlement of refugees.

This is a fact.

Crypto is helping ordinary people keep their lives stabler throughout this horror.

This is a fact.

Crypto will provide ordinary people with some relief if the Potemkin ruble crashes.

This is a fact.

So can crypto fix war?

No.

There are things no technology can fix.

But it can fix some of the pain it causes. And that’s a lot.

Read the full article here.

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