As we all know, FIAT money is showing its issues with the current global situation. The Russian ruble has never been lower, and Ukrainians are collecting donations from all around the world using bitcoin wallets.
The price of BTC has hit $45,000, and other cryptocurrencies are following. Cryptocurrencies are growing in popularity, and more people are becoming aware of their advantages. The crypto market’s performance throughout the conflict, in my opinion, indicates how far blockchain technology and crypto have advanced.
I’m delighted to see that USDT is regaining its reputation and that other stablecoins like BUSD and BEAN are keeping their ground. Maybe it’s too early to start utilizing Bitcoin as daily money, but we might consider adopting stablecoins as a payment option. This might be the transition from using FIAT to using BTC in our daily lives.
What are your thoughts on the matter?
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