Cryptocurrencies While the popularity and usage of it continues to increase day by day all over the world, the war between Russia and Ukraine has brought a different perspective to cryptocurrencies.
On the one hand, there are Russian citizens who turn to cryptocurrencies due to the economic sanctions imposed on Russia, on the other hand, there are Russian citizens who are occupied by Russia and have to leave their country and leave their assets behind. to cryptocurrencies oriented Ukrainian citizens.
With the onset of the war to CNBC A Ukrainian young man told his country to protect his privacy due to the compulsory military service for men in his country. That you’re using the pseudonym Fadey therefore, he asked not to reveal his true identity.
“Bitcoin (BTC) Saved My Life!”
Fadey, 20, who stated that he wanted to move to Poland after learning about the war, said that he could not withdraw cash because the queues at the ATMs were too long and he could not wait that long.
“I needed a Negative Covid test and cash quickly to move to Poland. I couldn’t withdraw money because there was a long queue at the ATMs.
So I did a peer-to-peer (P2P) exchange with a friend and it was $600. Bitcoin (BTC) I converted his savings into the Polish national currency, the Zloty.
I then used this money for a bus ticket, bed and food to cross to Poland.”
Expressing that the borders were closed about two hours after passing from Ukraine to Poland, the young Ukrainian Bitcoin (BTC) and crypto currency transactions He said his speed might have saved his life.
“Thanks to Bitcoin, I acted fast. If I had waited to withdraw money from banks or ATMs, I would not have succeeded and would have stayed in Ukraine.”
Fadey recently converted about $2000 of his money into Bitcoin and said their BTC He said he dumped it on a USB stick.