Best Crypto to Buy Now as Ukraine Nears Strategic Reserve Bill Approval

By: bitcoin ethereum news|2025/05/16 17:00:17
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Ukraine has created its own strategic reserve bill, with reports indicating that it will adopt Bitcoin as a national reserve asset. This move is of great significance and highlights the country’s financial resolve while it remains at war with Russia. According to crypto news outlet Incrypted , Yaroslav Zhelezniak, the First Deputy Chairman of the Committee on Finance, Tax, and Customs Policy, confirmed the development. This event builds on an earlier announcement from February this year, where Zhelezniak had already stated that the country was working on a legislative initiative to create crypto reserves. The move has garnered several supporters, with Kirill Khomyakov, Head of Binance in CEE, Central Asia, and Africa, stating: “The creation of such a reserve will require significant changes in legislation, which indicates that this process will not be quick. Another positive aspect is that this initiative will likely lead to greater clarity in the regulation of crypto assets in Ukraine, as the government will need to more clearly articulate its position on this issue.” This development could be seen as a landmark moment for crypto, where maintaining financial resilience during wartime becomes paramount. While these are only reports for now and the actual implications of the law are yet to be seen, the current bullish sentiment makes it an opportune time to identify the best crypto to buy now. Crypto Adoption in Ukraine is Not Without Its Challenges The latest report about the creation of a strategic Bitcoin reserve is not the first time the country has tried to become crypto-centric. Multiple attempts have been made earlier. The first crypto bill was drafted in late 2024 and was originally supposed to be finalized in early 2025. However, the regional head of CEE, Central Asia, and Africa at crypto exchange Binance has said that implementing crypto in the region would require significant changes to existing laws. Adding a more skeptical view with a healthy dose of realism is Michael Chobanian, founder of the Ukraine-based Kuna exchange. “The country is broke,” he said. “More than 50% of the budget is in grants and loans from the European Union.” He also expressed concerns about the decreasing Ukrainian population due to men being kidnapped and sent to the army. “What kind of BTC reserves are we talking about here? This is done only to divert your attention,” he added. So essentially, some say that when the country is at war, financial innovation is the last thing the government should be concerned with. Others view this innovation as a way to keep the country economically strong during wartime. It creates an interesting paradox—and paradox gives way to economic uncertainty. In times like these, cryptocurrency markets could thrive. Best Crypto to Buy Now BTC Bull The emergence of a crypto strategic reserve in a country like Ukraine will set the tone for Bitcoin’s price action. However, the greatest impact of BTC’s performance could be felt on a meme coin that directly takes inspiration from it. BTC Bull is a meme coin project designed to capitalize on Bitcoin’s growth in a straightforward fashion. While the meme coin does tap into the speculative nature of the market, it has created strategies that could funnel BTC’s growth toward the $BTCBULL token more directly. When Bitcoin reaches certain price milestones, BTC Bull will trigger token burns and Bitcoin airdrops at repeated intervals. The hope is that this could directly intertwine the two cryptos, where the growth of one directly reflects in the other. The addition of Bitcoin airdrops is especially noteworthy since it relies on Bitcoin reaching unprecedented heights. That helps with the creation of a stronger community around Bitcoin, inadvertently helping it grow as well. Major crypto YouTubers such as CryptoBoy have highlighted that since Bitcoin could now be moving toward the target of $150K, BTC Bull may also see a massive surge thanks to the Bitcoin airdrop that will be triggered. SUBBD Ukraine’s focus on a crypto reserve highlights not just the need for a better decentralized economy, but also an innovative one. Reports say that there are over 5,000 Ukrainians working as models on OnlyFans, and many among them are even contributing to the war effort through taxes. However, the standard ecosystem around OnlyFans, although optimal, isn’t crypto-friendly. SUBBD emerged with a different solution to this problem by establishing a robust content creation network with a sharp focus on AI tools and a crypto-driven economy. SUBBD’s native token—$SUBBD—is the key crypto leveraged to make payments on the platform. This decentralized model ensures that content creators receive better revenue and gain access to unique tools not available in traditional settings. Administrative tools driven by artificial intelligence have been designed for the ecosystem, allowing content creators to deliver unique, tailor-made content in accordance with their clients’ requests. Users can also use the tools to establish a collaborative relationship with the creators, leading SUBBD to create a unified “create-to-earn” economy where both parties benefit. Available on presale, SUBBD has raised upwards of $400K to date. Expectations are high for this crypto, and as ClayBro puts it, with its singular focus on content creation and accessibility, SUBBD could be the next 100x crypto the market is looking for. Solaxy Ukraine’s focus on a Bitcoin strategic reserve, if realized, could lead to the acceptance of other cryptocurrencies in the region as well. And since the country appears to be following in the footsteps of the USA, Solana could be next. However, although Solana’s technological innovations have fueled massive growth, its scalability issues still persist. Solaxy is a new utility meme coin project designed to tackle this issue by strengthening the ecosystem with the world’s first L2 solution for the Solana blockchain. The project has already revealed its implementation of ZK Rollups, Celestia, and Hyperlane—showcasing that it is a meme coin with serious utility. Furthermore, a blockchain explorer has already been designed and is fully operational, further cementing Solaxy as a robust Solana-based project. These use cases do not, however, hide the memetic approach of Solaxy, which is evident through its playful and engaging social media presence. Due to this combination of strong tech and viral appeal, Solaxy is rapidly emerging as one of the best crypto ICOs on the market, having raised upwards of $36 million to date. Crypto analysts are already taking notice. Alessandro De Crypto, in one of his latest videos, has highlighted Solaxy as the best Solana meme coin to invest in. Conclusion Ukraine’s focus on crypto adoption showcases the willingness of world governments to adapt to a decentralized future. While there are still regulatory and geopolitical issues to be resolved, even considering crypto implementation during wartime sends a clear signal: blockchain technology is increasingly seen as a potential salvation for economies reeling from conflict. This makes now a good time to find and invest in the best crypto to buy—and the ones listed in this article are among the strongest options currently available. This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article. Source: https://en.cryptonomist.ch/2025/05/16/best-crypto-to-buy-now-as-ukraine-nears-strategic-reserve-bill-approval/

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Debunking the AI Doomsday Myth: Why Establishment Inertia and the Software Wasteland Will Save Us

Original Title: Against Citrini7Original Author: John Loeber, ResearcherOriginal Translation: Ismay, BlockBeats


Editor's Note: Citrini7's cyberpunk-themed AI doomsday prophecy has sparked widespread discussion across the internet. However, this article presents a more pragmatic counter perspective. If Citrini envisions a digital tsunami instantly engulfing civilization, this author sees the resilient resistance of the human bureaucratic system, the profoundly flawed existing software ecosystem, and the long-overlooked cornerstone of heavy industry. This is a frontal clash between Silicon Valley fantasy and the iron law of reality, reminding us that the singularity may come, but it will never happen overnight.


The following is the original content:


Renowned market commentator Citrini7 recently published a captivating and widely circulated AI doomsday novel. While he acknowledges that the probability of some scenes occurring is extremely low, as someone who has witnessed multiple economic collapse prophecies, I want to challenge his views and present a more deterministic and optimistic future.


Never Underestimate "Institutional Inertia"


In 2007, people thought that against the backdrop of "peak oil," the United States' geopolitical status had come to an end; in 2008, they believed the dollar system was on the brink of collapse; in 2014, everyone thought AMD and NVIDIA were done for. Then ChatGPT emerged, and people thought Google was toast... Yet every time, existing institutions with deep-rooted inertia have proven to be far more resilient than onlookers imagined.


When Citrini talks about the fear of institutional turnover and rapid workforce displacement, he writes, "Even in fields we think rely on interpersonal relationships, cracks are showing. Take the real estate industry, where buyers have tolerated 5%-6% commissions for decades due to the information asymmetry between brokers and consumers..."


Seeing this, I couldn't help but chuckle. People have been proclaiming the "death of real estate agents" for 20 years now! This hardly requires any superintelligence; with Zillow, Redfin, or Opendoor, it's enough. But this example precisely proves the opposite of Citrini's view: although this workforce has long been deemed obsolete in the eyes of most, due to market inertia and regulatory capture, real estate agents' vitality is more tenacious than anyone's expectations a decade ago.


A few months ago, I just bought a house. The transaction process mandated that we hire a real estate agent, with lofty justifications. My buyer's agent made about $50,000 in this transaction, while his actual work — filling out forms and coordinating between multiple parties — amounted to no more than 10 hours, something I could have easily handled myself. The market will eventually move towards efficiency, providing fair pricing for labor, but this will be a long process.


I deeply understand the ways of inertia and change management: I once founded and sold a company whose core business was driving insurance brokerages from "manual service" to "software-driven." The iron rule I learned is: human societies in the real world are extremely complex, and things always take longer than you imagine — even when you account for this rule. This doesn't mean that the world won't undergo drastic changes, but rather that change will be more gradual, allowing us time to respond and adapt.


The Software Industry Has "Infinite Demand" for Labor


Recently, the software sector has seen a downturn as investors worry about the lack of moats in the backend systems of companies like Monday, Salesforce, Asana, making them easily replicable. Citrini and others believe that AI programming heralds the end of SaaS companies: one, products become homogenized, with zero profits, and two, jobs disappear.


But everyone overlooks one thing: the current state of these software products is simply terrible.


I'm qualified to say this because I've spent hundreds of thousands of dollars on Salesforce and Monday. Indeed, AI can enable competitors to replicate these products, but more importantly, AI can enable competitors to build better products. Stock price declines are not surprising: an industry relying on long-term lock-ins, lacking competitiveness, and filled with low-quality legacy incumbents is finally facing competition again.


From a broader perspective, almost all existing software is garbage, which is an undeniable fact. Every tool I've paid for is riddled with bugs; some software is so bad that I can't even pay for it (I've been unable to use Citibank's online transfer for the past three years); most web apps can't even get mobile and desktop responsiveness right; not a single product can fully deliver what you want. Silicon Valley darlings like Stripe and Linear only garner massive followings because they are not as disgustingly unusable as their competitors. If you ask a seasoned engineer, "Show me a truly perfect piece of software," all you'll get is prolonged silence and blank stares.


Here lies a profound truth: even as we approach a "software singularity," the human demand for software labor is nearly infinite. It's well known that the final few percentage points of perfection often require the most work. By this standard, almost every software product has at least a 100x improvement in complexity and features before reaching demand saturation.


I believe that most commentators who claim that the software industry is on the brink of extinction lack an intuitive understanding of software development. The software industry has been around for 50 years, and despite tremendous progress, it is always in a state of "not enough." As a programmer in 2020, my productivity matches that of hundreds of people in 1970, which is incredibly impressive leverage. However, there is still significant room for improvement. People underestimate the "Jevons Paradox": Efficiency improvements often lead to explosive growth in overall demand.


This does not mean that software engineering is an invincible job, but the industry's ability to absorb labor and its inertia far exceed imagination. The saturation process will be very slow, giving us enough time to adapt.


Redemption of "Reindustrialization"


Of course, labor reallocation is inevitable, such as in the driving sector. As Citrini pointed out, many white-collar jobs will experience disruptions. For positions like real estate brokers that have long lost tangible value and rely solely on momentum for income, AI may be the final straw.


But our lifesaver lies in the fact that the United States has almost infinite potential and demand for reindustrialization. You may have heard of "reshoring," but it goes far beyond that. We have essentially lost the ability to manufacture the core building blocks of modern life: batteries, motors, small-scale semiconductors—the entire electricity supply chain is almost entirely dependent on overseas sources. What if there is a military conflict? What's even worse, did you know that China produces 90% of the world's synthetic ammonia? Once the supply is cut off, we can't even produce fertilizer and will face famine.


As long as you look to the physical world, you will find endless job opportunities that will benefit the country, create employment, and build essential infrastructure, all of which can receive bipartisan political support.


We have seen the economic and political winds shifting in this direction—discussions on reshoring, deep tech, and "American vitality." My prediction is that when AI impacts the white-collar sector, the path of least political resistance will be to fund large-scale reindustrialization, absorbing labor through a "giant employment project." Fortunately, the physical world does not have a "singularity"; it is constrained by friction.


We will rebuild bridges and roads. People will find that seeing tangible labor results is more fulfilling than spinning in the digital abstract world. The Salesforce senior product manager who lost a $180,000 salary may find a new job at the "California Seawater Desalination Plant" to end the 25-year drought. These facilities not only need to be built but also pursued with excellence and require long-term maintenance. As long as we are willing, the "Jevons Paradox" also applies to the physical world.


Towards Abundance


The goal of large-scale industrial engineering is abundance. The United States will once again achieve self-sufficiency, enabling large-scale, low-cost production. Moving beyond material scarcity is crucial: in the long run, if we do indeed lose a significant portion of white-collar jobs to AI, we must be able to maintain a high quality of life for the public. And as AI drives profit margins to zero, consumer goods will become extremely affordable, automatically fulfilling this objective.


My view is that different sectors of the economy will "take off" at different speeds, and the transformation in almost all areas will be slower than Citrini anticipates. To be clear, I am extremely bullish on AI and foresee a day when my own labor will be obsolete. But this will take time, and time gives us the opportunity to devise sound strategies.


At this point, preventing the kind of market collapse Citrini imagines is actually not difficult. The U.S. government's performance during the pandemic has demonstrated its proactive and decisive crisis response. If necessary, massive stimulus policies will quickly intervene. Although I am somewhat displeased by its inefficiency, that is not the focus. The focus is on safeguarding material prosperity in people's lives—a universal well-being that gives legitimacy to a nation and upholds the social contract, rather than stubbornly adhering to past accounting metrics or economic dogma.


If we can maintain sharpness and responsiveness in this slow but sure technological transformation, we will eventually emerge unscathed.


Source: Original Post Link


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