Cryptocurrency is playing a growing role in the Russian-Ukraine conflict, from Ukraine's pleas for donations in cryptocurrency to concerns about Russia using the technology to evade sanctions. Roundtable invited a panel of experts to discuss crypto's role in the ongoing war.
In this segment, the panel discusses how crypto has transformed how the public can support humanitarian crises.
Brittany Kaiser points out that the massive cryptocurrency donations to the Ukrainian resistance is an unprecedented situation: crypto has allowed the public to leverage their support into action.
"We have now been able to decentralize and open-source public opinion into financial support," Kaiser said. "We have never seen anything like this before. Crowdsourced humanitarian aid to a government has never happened before."
Vladimir Karishev notes that tech companies' role in the crisis has also been bigger than ever.
"Never ever during the world conflicts have individual companies played a such huge role. Web3 played a bigger role than governments," Karishev said.
Among those interventions are crypto initiatives to pay Russian troops to surrender.
"They say, hey guys, if you stop the war, we give you money," Karishev explained. "They airdrop you crypto if you simply surrender without killing civilians. It's already making a difference. It's saving lives."
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Brittany Kaiser, human rights lawyer and co-founder, Own Your Own Data Foundation
David Zell, head of policy & public affairs, BTC Inc.
Sani Hayatbakhshm, head of social impact & ethics, Orica
Alex Gordon-Brander, co-founder, Codex Labs
Nehemia Kramer, co-founder, Waterfall
Vladimir Karishev, co-founder, Global Ledger
Watch the full discussion below: