Fast international donations
During wars, people and organizations can send money quickly across borders using crypto.
Example: During the Russian invasion of Ukraine, the government of Ukraine received millions of dollars in crypto donations using coins like Bitcoin and Ethereum.
2. Works when banks stop functioning
War can damage banks or cause governments to freeze accounts. Crypto wallets can still work if there is internet access, allowing people to store and transfer money without banks.@SignOfficial
3. Protection from currency collapse
During war, national currencies can lose value due to inflation or instability. People sometimes move money into cryptocurrencies like Tether (a stablecoin) or Bitcoin to protect savings.
4. Easier for refugees
When people flee a country, carrying cash