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> Many people have sent many millions to Ukraine, As I understand it, somewhere around 20MM was sent to Ukraine via crypto. The National bank of Japan sent 100
by HWR_14 5y ago
> Many people have sent many millions to Ukraine,
As I understand it, somewhere around 20MM was sent to Ukraine via crypto. The National bank of Japan sent 100MM the first day with lower transaction costs (fees, electricity, complexity). And the Ukrainians still have to convert the crypto to money to use it.
Meanwhile, everyone could just send money to Ukraine via the standard banking system if they wanted to.