Originally, I wanted to write about what great community building looks like for NFTs, but this week has been heavy and I hope that you are taking care of yourself amidst what’s going on in the world.
Most of us have probably lived in very stable and safe environments our entire lives and we would never ever think that war could happen to us.
Well, war is suddenly happening on the European continent and there are hundreds of thousands of Ukrainians fleeing the country, heading into an unknown future.
For a very brief moment, I thought about what would happen, if war would somehow extend to Germany and I have to worry about me and my mum’s safety. (This is a very hypothetical mental exercise by the way, I don’t mean to spread any conspiracy theories!)
Having a safe shelter and access to finances is what popped into my mind first. We can try to go somewhere else, find refuge, maybe build a new life, but what will happen to the assets that we have worked so hard for?
It’s very easy for banks to freeze your accounts, which means that your credit and debit cards will be blocked and you lose access to all of your savings.
I realised that I would need to heavily rely on decentralised finance to survive. If you have cryptocurrencies in a digital wallet, you will be able to access it anywhere in the world. No one can shut down your account, only you can authorise transactions.
While this was a theoretical exercise for me, I saw the day after that it’s not so theoretical for some Ukrainians, it is their reality: