Comment Comment by frankenst1 Ukraine is a current exampleFiat:- People unable to withdraw the money in Ukraine.- Refugees being robbed of their live saving during their escape.- Refugees unable to deposit/exchange Ukrainian currency.vsBitcoin:- Refugees being able to flee with their live savings safely stored by memorizing 12 words- Refugees being able to access their savings in other countries simply by having access to a smart phone- Ukraine being able to receive global donations while national banks being not operational. parent frankenst1 4 years ago
Fiat:
- People unable to withdraw the money in Ukraine.
- Refugees being robbed of their live saving during their escape.
- Refugees unable to deposit/exchange Ukrainian currency.
vs
Bitcoin:
- Refugees being able to flee with their live savings safely stored by memorizing 12 words
- Refugees being able to access their savings in other countries simply by having access to a smart phone
- Ukraine being able to receive global donations while national banks being not operational.