Yea, except compare the ease, cost, and time of bank wiring your family $5000 to get out of a country where a war started and sending BTC. Something crypto nay-sayers conveniently ignore.
And the crypto bros conveniently ignore that you can’t easily exchange your BTC for actual cash to buy real things without an exchange or a bank account.
Is that actually realistic? I clicked through Ukraine and couldn't find an ATM to sell BTC. Crypto requires the same assumptions of stability once you want to turn it into something real.
You are not wiring $5000, you adding a new event to a globally-replicated Event Store database, while other people and entities are speculating on theses events using real money, money surrogates, and/or electricity.
Exactly. I understand the value of the Blockchain, as a distributed, albeit inefficient, ledger of transactions that are anonymous and hard to destroy.
But here we have a country, millions of peoples hard work and assets being converted to bitcoin. How exactly does demonstrate critical thinking, planning or heck, even a plan?