In 2013, the revolution in Ukraine, known as Euromaidan, took place, where citizens protested against a corrupt and authoritarian government. During the protests, the national currency was experiencing hyperinflation, making it nearly worthless. Bank accounts were frozen, and there was a widespread fear that the government might seize protesters' financial assets.
In this uncertain environment, Bitcoin began to gain prominence as a way to preserve wealth and bypass financial restrictions. Euromaidan activists and other citizens started buying and using Bitcoin as a secure alternative. This allowed them to receive donations from abroad, trade, and safeguard their money from the devaluation of the national currency.
The global Bitcoin community also became involved, raising funds to support Ukrainian protesters in their struggle for freedom and democracy. Bitcoin became a symbol of resistance and a crucial tool to maintain financial autonomy during a turbulent period.