The World’s First Crypto War? The Role of Cryptoassets in Modern Warfare: Analysis of the 2022 Russian Invasion on Ukraine

• Autorzy: Gutkowski Maciej

Identyfikatory

DOI

10.5604/01.3001.0053.4174

• Języki publikacji: EN

Abstrakty

EN

The Russian invasion into Ukraine coincided with a surge in cryptocurrency interest in both nations. Although the decentralized nature of cryptocurrencies facilitates wealth concealment, analyses conducted during the Invasion period reveal no substantial capital transfers or exchange rate fluctuations exceeding pre-invasion benchmarks. This implies a limited utilization of cryptocurrencies for protecting assets throughout the conflict. The current size of the cryptomarket preclude Russia and its oligarchs from depending on cryptocurrencies as an alternative to traditional transaction systems. Nevertheless, cryptocurrencies have effectively functioned as an auxiliary crowdfunding avenue for Ukraine. The Invasion serves as an examination of the potential role of cryptocurrencies in crisis situations, with their importance for national security and crisis management likely to expand as the market experiences continued growth.

PL

Rosyjska inwazja na Ukrainę zbiegła się w czasie ze wzrostem zainteresowania kryptowalutami w obu krajach. Chociaż zdecentralizowany charakter kryptowalut ułatwia ukrywanie bogactwa, to analizy przeprowadzone w okresie inwazji nie ujawniają znaczących transferów kapitałowych ani wahań kursów wymiany przekraczających poziomy odniesienia sprzed inwazji. Wskazuje to na ograniczone wykorzystanie kryptowalut do ochrony aktywów podczas konfliktu. Obecna skala rynku kryptograficznego wyklucza uzależnienie Rosji i jej oligarchów od kryptowalut jako alternatywy dla tradycyjnych systemów transakcyjnych. Płatności kryptowalutowe są natomiast z powodzeniem wykorzystywane jako dodatkowy kanał wsparcia finansowego Ukrainy. Wojna na Ukrainie stanowi swoisty test potencjału kryptowalut i ich rzeczywistych funkcji w warunkach kryzysowych. Znaczenie kryptowalut dla bezpieczeństwa narodowego i zarządzania kryzysowego prawdopodobnie zwiększy się wraz z rozwojem rynku.

Słowa kluczowe

EN

Bitcoin; cryptocurrency; non-fungible tokens; NFT; Russian invasion on Ukraine; safe havean assets

PL

Bitcoin; kryptowaluty; tokeny unikalne; NFT; rosyjska inwazja na Ukrainę; kryptoaktywa

• Wydawca: Wojskowy Instytut Wydawniczy
• Czasopismo: Kwartalnik Bellona
• Rocznik: 2022
• Tom: Nr 4
• Strony: 15--32
• Opis fizyczny: Bibliogr. 46 poz., wykr.

Twórcy

autor

Gutkowski Maciej

• War Studies University, Warsaw, Poland

• https://orcid.org/0000-0002-2990-9088

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Uwagi

Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).