2 years ago
- Michael Saylor has pointed retired that wars make inflation, cripples commerce and marque Bitcoin compelling
- Bitcoin has already proven to beryllium an alternate successful Ukraine for its citizens and residents
- Two Danish reporters successful Ukraine bought a car with Bitcoin aft ATMs stopped working
- Over $4 cardinal successful integer assets has been donated to assistance successful the situation successful Ukraine
- Crypto.com has donated $1 cardinal to the Red Cross to assistance successful the humanitarian effort
- FTX had earlier talented $25 to Ukrainians utilizing the platform
The CEO of Microstrategy, Michael Saylor, has pointed retired that wars make ostentation and cripple commerce. According to Mr. Saylor, this successful crook makes Bitcoin (BTC) compelling arsenic it serves arsenic an alternate to hedge against the said inflation.
Michael Saylor shared his insights connected Bitcoin done the pursuing tweet.
Wars make inflation, cripple commerce, and marque #bitcoin compelling. pic.twitter.com/YksI21FcXS
— Michael Saylor⚡️ (@saylor) February 24, 2022
2 Danish Reporters Leaving Ukraine Use Bitcoin to Buy A Car
One lawsuit of Bitcoin being utilized arsenic an alternate was documented erstwhile 2 Danish reporters used BTC to bargain a vehicle that they utilized to thrust retired of Ukraine. The 2 reporters, Stefan Weichert and Emil Filtenborg, had to usage Bitcoin (BTC) aft ATM’s successful Dnipro (central Ukraine) were nary longer functional. The 2 gentlemen past decided to acquisition a Mazda 3 for 0.059 Bitcoin (BTC).
They explained the concern connected the crushed arsenic follows:
You tin spot that galore radical locomotion astir the metropolis to retreat money. The ATMs are down. We person spent the time getting substance and spare parts for the trip. But it was hard to get parts. There were nary much state cans left, they are hoarded.
Crypto Donations to the Ukraine Crisis, Hit $4 Million
In presumption of assisting the state of Ukraine, the crypto assemblage has donated implicit $4 million successful integer assets since Russia invaded the country. This magnitude includes 1 azygous Bitcoin (BTC) donation worthy $3 million. The donations person been directed towards NGOs and unpaid groups that are doing their champion successful helping those affected by the conflict.
Crypto.com Donates $1 Million to the Red Cross
Earlier today, the CEO of Crypto.com, Kris Marszalek, announced a $1 cardinal donation by the institution to the reddish Cross. He besides urged the crypto assemblage ‘to bash what they tin to enactment humanitarian efforts.’
FTX Gifts $25 to Each Ukrainian Using the Platform
Early Friday, the CEO of FTX, Sam Bankman-Fried, besides announced that the crypto-exchange had talented $25 to each Ukrainian connected the platform. He made the announcement of the acquisition to Ukrainians connected the level done the pursuing tweet.
we conscionable gave $25 to each Ukrainian connected FTX
do what you gotta do
— SBF (@SBF_FTX) February 24, 2022
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