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Re:Crypto is saving lives in Ukraine by SpodGaju on Thursday March 31, 2022 @10:16AM (#30867454)
Misleading title. Headline is

“Ukraine’s Crypto Banker Describes How War Is Changing His Life”

Crypto is saving zero lives in Ukraine and all this guy is doing is profiting from war and fear.

Re:Crypto is saving lives in Ukraine by ca98am79 on Thursday March 31, 2022 @10:22AM (#30867537)
He literally says: "Now there is no skepticism because they understand that we save lives every single minute with crypto. You can try to ignore it, but you cannot ignore when their families are actually fed with crypto, or when the soldiers are dressed in bulletproof vests and helmets with crypto."
Re:Crypto is saving lives in Ukraine by tablespoon on Thursday March 31, 2022 @11:18AM (#30868171)
> He literally says: "Now there is no skepticism because they understand that we save lives every single minute with crypto. You can try to ignore it, but you cannot ignore when their families are actually fed with crypto, or when the soldiers are dressed in bulletproof vests and helmets with crypto."

But that has nothing to do with cryptocurrency, specifically.

If there's any truth to what he says, it's more true of National Bank of Ukraine Special Account UA843000010000000047330992708 [1]. So:

> Now there is no skepticism because they understand that we save lives every single minute with [money donated to National Bank of Ukraine Special Account UA843000010000000047330992708]. You can try to ignore it, but you cannot ignore when their families are actually fed with [money donated to National Bank of Ukraine Special Account UA843000010000000047330992708], or when the soldiers are dressed in bulletproof vests and helmets with [money donated to National Bank of Ukraine Special Account UA843000010000000047330992708].

[1] https://bank.gov.ua/en/news/all/natsionalniy-bank-vidkriv-sp...

Re:Crypto is saving lives in Ukraine by goalieca on Thursday March 31, 2022 @10:25AM (#30867565)
The Russian government is bypassing sanctions with crypto.
Re:Crypto is saving lives in Ukraine by rvz on Thursday March 31, 2022 @11:06AM (#30868016)
So what? Let them?

You can trace them all up on the public ledger, for everyone to see; even if they tried.

Re:Crypto is saving lives in Ukraine by goalieca on Tuesday April 12, 2022 @11:06PM (#31010779)
You can tumble the coin to hide the transfers. There are many services that criminals do use.
Re:Crypto is saving lives in Ukraine by rvz on Thursday March 31, 2022 @10:28AM (#30867599)
Shall we also go to Afghanistan and talk to the hungry afghans about how they are able to receive USDC stablecoins and exchange it for their currency so they can eat and not starve to death? [0]

[0] https://theintercept.com/2022/01/19/crypto-afghanistan-sanct...

Re:Crypto is saving lives in Ukraine by SpodGaju on Thursday March 31, 2022 @10:40AM (#30867725)
The article was not about Afghanistan.

But we can talk about how the U.S. is creating the sanctions in Afghanistan. And we can also talk about how Russia is using Crypto to get around sanctions.

All crypto does is make money for the gatekeepers of crypto and profit off of war, sanction, and fear. Crypto solves zero problems, it only profits off of the problems governments create.

Re:Crypto is saving lives in Ukraine by rvz on Thursday March 31, 2022 @11:02AM (#30867974)
> But we can talk about how the U.S. is creating the sanctions in Afghanistan. And we can also talk about how Russia is using Crypto to get around sanctions.

So should we ban it then since anyone can get around sanctions using it?

Might as well ban encryption then. /s

> All crypto does is make money for the gatekeepers of crypto and profit off of war, sanction, and fear. Crypto solves zero problems, it only profits off of the problems governments create.

Care to elaborate? What would do you suggest then for those who are in countries like Ukraine or Afghanistan then?

Re:Crypto is saving lives in Ukraine by SpodGaju on Thursday March 31, 2022 @12:38PM (#30869250)
> So should we ban it then since anyone can get around sanctions using it? Might as well ban encryption then. /s

Encryption has no middle man and is free, and unlike cypto, you are untraceable. So no idea ho you can compare the two

> What would do you suggest then for those who are in countries like Ukraine or Afghanistan then?

A good start would be instigating peace and not war. Stop having the US fight these proxy resource wars by destabilizing them and trying to put in our puppet leaders.

Re:Crypto is saving lives in Ukraine by rvz on Thursday March 31, 2022 @01:34PM (#30870009)
> Encryption has no middle man and is free.

Exactly. The road to hell is paved with good intentions. Isn't it?

Like cryptocurrencies, that is also free and there is no middle man since you can send money directly from one wallet to another. ie. peer-to-peer. It is so 'free', even terrorists, extremists, hitmen and other undesirables can use it as well as they can generally use encrypted communications.

Hence that, so should it all be banned; yes or no?

> A good start would be instigating peace and not war. Stop having the US fight these proxy resource wars by destabilizing them and trying to put in our puppet leaders.

So your answer towards those people who are affected in countries like Ukraine or Afghanistan' is basically 'nothing'. They are just pawns used in a political chess game of sanctions and everyone affected over there suffers for that. That is 'fair?' isn't it /s

Either way, it is all quite easy to say what you said at the comfort of your armchair at your computer screen right?

Re:Crypto is saving lives in Ukraine by ca98am79 on Thursday March 31, 2022 @10:49AM (#30867817)
I don’t understand how you can read that crypto donations are helping to feed Ukrainian refugee families and say “all crypto does is make money for the gatekeepers .. and profit off of war…”

It is literally saving lives…