Rubbing alcohol is primarily used to disinfect cuts rather than to stop bleeding. Applying it can wash away clots, prolonging bleeding, although allowing a small amount of bleeding can help flush out contaminants. Drinking alcohol thins the blood due to its effects as a vasodilator, which can increase blood flow to extremities and create a sensation of warmth. However, this can be misleading, as it diverts blood from core organs, which is crucial for maintaining body temperature. While alcohol may provide temporary warmth, it can be detrimental in cold conditions, especially if hypothermia is a risk.