At 1,000 days of the conflict between Ukraine and Russia, the recent escalation with the use of US ATACMS missiles marks a critical point that not only redefines geopolitics but is also altering the global economy and the future of cryptocurrencies. This conflict has not only caused a collapse of energy and food supply chains, driving global inflation, but is also accelerating the adoption of cryptocurrencies as a refuge against uncertainty.
Impact on Cryptocurrencies:
The war has demonstrated the power of cryptocurrencies as a tool for financial evasion. Russia uses them to evade sanctions, while Ukraine employs them to fund its resistance. In a world of economic instability, cryptos are consolidating as an alternative to traditional currencies and banking systems in crisis. This generates greater pressure to regulate the sector but also opens opportunities for global investors.
Impact on the Global Economy:
The intervention of the United States, combined with the prolongation of the conflict, has raised the prices of energy and food, affecting the most vulnerable economies, especially in Europe and Latin America. In turn, the volatility of the markets and rising inflation are pushing many nations towards recession, while the growing demand for safe-haven assets like gold and cryptocurrencies highlights the reconfiguration of the global economy.
Impact on Latin America:
The region faces dual pressure: on one hand, rising prices affect the purchasing power of Latin Americans; on the other, the adoption of cryptocurrencies is accelerating in response to inflation and lack of confidence in local currencies. Countries like Argentina and Venezuela are turning to Bitcoin and other cryptos as a form of economic survival, while El Salvador has already adopted them as official currency.
The world must prepare for a new financial era!
