Bitcoin Cash Was Made As The Highest Charity During The War In Ukraine
Bitcoin Cash (BCH) is one of the most popular digital currencies today. Despite its reputation as a highly traded speculative asset, BCH also has the potential to be used as a charitable tool in catastrophic situations such as war. In this context, I will talk about how Bitcoin Cash was used as a charitable tool during the war in Ukraine.
The war that took place in Ukraine is one of the most concerning conflicts in Europe today. Conditions that have worsened since 2014 have forced many residents to leave their homes and seek shelter in safer areas. In situations like this, access to substantial funds and resources is extremely difficult.
In the midst of this situation, Bitcoin Cash has the potential to help people affected by war. The basic concept of BCH is peer-to-peer (P2P) transactions without the intervention of middle authorities such as banks. This means that funds can be sent and received quickly and easily without having to go through time-consuming and high-cost processes.
Thus, BCH can be used as a source of charitable funds for citizens affected by war. Donations can be collected through charitable organizations or concerned individuals and sent directly to those in need through the BCH app. This ensures that the assistance received by affected residents is in accordance with their needs and is not hampered by costs and complicated processes.
Apart from that, BCH also has advantages in terms of privacy and security. BCH transactions can be carried out without revealing the identity of the recipient or sender, ensuring that charitable favors cannot be controlled by unauthorized parties. This is especially important in a situation like the war in Ukraine, where an unscrupulous party could profit from the charitable funds raised.
However, even though BCH has the potential to help war-affected people, there are still a few things to consider before using it as a charitable tool.
What about the current situation in Turkey? Maybe we can do it with Bitcoin Cash.
Thank You!
For sure BCH can have an impact on war readiness and helping in emergency events such as in Turkey right now. I seen a few bug dollar upvote articles in Hive for aid for Turkey survivors :)