Topic: 2024 & Prediction of World War III - Effect on Cryptocurrencies - page 5. (Read 1070 times)

World war can happen if the Russian block fights against the US block, in 2023 it was heated up when the ukraine war. but the US did not dare to frontally defend ukraine for war.
And if Israel is the trigger, the fact is that Russia also does not help Palestine.
so the trigger for world war III has no trigger that can become a major war.

so world war nothing and never in 2024

The war in Ukraine and Palestine has taught me one of my biggest life lessons. From the destruction of lives and property, it became clear that survival is greater than anything you own in life. Properties that took families years to build were destroyed in a twinkle of an eye, but I see them happy because they are alive. I have seen pictures of people celebrating escaping a bloody attack and caring less about what they have lost.  


The Bitcoin network might survive the war since it is decentralised but it will affect the price negatively. Bitcoin is part of the economic sector of the world, so the price will drop if the world goes through economic problems.


I am not wishing for a world war but you cannot easily predict how many countries will be involved. Many of these economically prosperous nations have allies that might wish to join forces with their ally. Many countries in Europe are reducing their reliance on Russia and have discovered new sources of oil and gas. I don't think satellite stations will lose power because there are other sources of power but they can always retrieve data when the power comes up.  


My prediction for this year is that there will be no world war. If it ever happens,  the war will affect the price but the network might still be operational if they are decentralised. However, the effect of this war on the crypto world will depend on the devastation of the war on the world. WW3 might wipe out a major percentage of the world.

Ofcourse, 2024 will be a really turbulent year for the world, but that, coupled with other factors would benefit crypto alot.
 We are still in the early stage of the turbulence, so I expect a massive correction/crash, down to a solid ground to enable the Bitcoin/crypto take in enough energy/fuel that can effectively power the price up to new highs in the main stage of the turbulent year.

Honestly the talks of a world war III has been going on since who knows when but until now, no actual world war has broke out not that i am hoping for one to actually happen but the point is the chance of multiple nations going into war is quite slim yes there is a lot of conflicts around the world but not all countries are eager to participate as they are also considering their own statuses

But in case a world war breaks out, of course economically speaking a lot would be in poor state they might not even have the chance or access to the crypto market as the war goes on not to mention that people would probably start pulling out their investments due to fear or financial scares

If there's a possibility of a WW3, we will probably see the annihilation of the human civilization, WW3 will probably see the launch of nuclear arsenals that will definitely wipe out the humanity so if this happens this year, we will probably not worry about bitcoin or the economy anymore because nuclear winter all over the world that will cause famines will be the prevalent thing that's going to happen all over the world so get cryptocurrency out of your mind when that happens because you're not going to see any utility keeping that even in the next 100 years because we're all going to go back to stone age conditions. We shouldn't dwell too much on this WW3 prediction too, it's a fearmongering tactic to distract from what's important which is changing our society.

Russia's military attack on Ukraine showed how fragile the peace on our planet is. We see that international organizations, which were created so that large military conflicts do not arise, and if they do arise, so that they are quickly ended, practically do not fulfill their functions. Russia has been waging a war of aggression against a neighboring state for almost two years now and, despite UN decisions, continues to ignore even the laws and customs of war.

That is why many states are now strengthening and rearming their armies, and the arms race is gaining momentum. At the same time, other states with an aggressive policy see the impunity of the aggressor and also hatch plans for invasions of weaker states. Therefore, World War III is quite possible even in the near future. If most states are drawn into it, cryptocurrency may simply cease to exist. Everything will depend on the scale of the war and the scale of destruction it causes. After all, cryptocurrency is completely dependent on the availability of the Internet and corresponding technical devices, which will not work not only during a global war, but also after it.

People jump to a world war a bit too much as if its inevitable or the next in the series of sequels much anticipated like a movie franchise or something.    Wars can be quite bad enough without involving every continent of the world in throwing explosives at each other.   Just predicting a war within a region is a bad enough occurrence, the most obvious one recently was a new war in Europe thats a bad enough prospect because a million can easily die even if only 3 countries were involved.  
  The middle east conflict around Israel seems to be a continual loop across generations on and off active or in a cold war type scenario since ww2 almost.  For as long as I can remember it was just civilians being shot both sides, so more like a civil war is how I class that as civil war is said to be the worst in that consideration.


First way to notice elevated levels of war is all the war stocks and companies start to do very well in the constant expenditure by countries on military budgets.   Doesn't have to be active participants just countries and armies nearby building up defenses is many billions and trillions spent that could have been used to keep people alive instead.    Crypto is included in war games when conducted by the defense ministry I believe all questions around banking and any possible attack on a country or their economy is considered so crypto is in that picture.

if we happen to witness another world war, definitely, people have different concerns and it will be their survival. btc will not be their priority to look at. they have more pressing matters to attend to, welfare of their families and all. if there will be no net connection, crypto and other digital currencies won't matter. it will be cash and foods that are necessary to survive.

and i don't think that will truly happen because in today's leadership, they won't permit this to happen. the catastrophe will be disastrous as we have sophisticated armaments/weapons already. quite dangerous to human existence.

You don't go chasing rat when your house is on fire so should there be a third world war not just bitcoin that will be immensely affected by the acts of the war but there will be a general economic downturn as people will be concentrated on their survival more than anything else and at that time bitcoin will be the least of their worries during the waring period and we all know what the effect will be on bitcoin and all other cryptocurrencies.

However, I don't see a third world war happening despite how hard the polity is been heated it won't lead to a world war as some people are prospecting. A world war happening the aftermath would subject the entire world into something unimaginable with all of the technological war artilleries in place war shouldn't be something we pray for because a lot of extinctions will be inevitable.

It depends on how you defined a World War and its scale.

I believe it was Einstein who said "I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones". In this view the next World War will include nuclear weapons which could be categorized as an extinction level event, in which case there is no humanity left to want cryptocurrencies.

There is another view on how World Wars are categorized and in that category we're already fighting World War 5 (started on 2020 and will last at least till 2050). I'll skip the details but I can expand on this categorization if you like.

WW5 will be the same as 3 and 4, will be fought in many places (like the ongoing war in Ukraine, Palestine and Red Sea, South America like Venezuela, Africa like Niger/Algeria/Morocco, East Asia like Taiwan, etc.), will also include more cold wars and proxy wars.
It's effect on the economy, food and energy markets will be seen each time the conflicts intensify as we've seen over the past year (worsens as conflicts intensify). Then it will indirectly start affecting other markets like bitcoin's. For example we saw how the recession put a sell pressure on bitcoin price and caused a crash and then how inflation which has been acting against it could bring the price back up again as people still see bitcoin as a hedge against inflation.

Basically I'd say as long as things don't get out of hand and WW5 goes the same rout as the previous two we can pretty much expect volatile bitcoin market with more crashes but an overall rally in the long run.

If the war only broke on one area either potentially Russia or Middle-East then maybe only 6 countries will participate, but if an open war happened in both area of Russia and Middle-East, I doubt there will be only 6 countries, it will be more, most of European Countries will be forcefully involve in the war, because they are squeezed by both northern and souther conflict.

Not only Bitcoin economic in general will be affected, and I think it will be worse than the last Bitcoin Bearish, or economic crisis caused by covid.

Let's check the definition of world war.


My question is how you can be sure there will not be more than 6 countries? do you have a crystal ball?

Right now the conflict Russia vs Ukraine and Israel vs Palestine are still happen until now, next we might see North Korea vs South Korea, Taiwan vs China, US vs China etc anything is possible.

If that happen, many people will find a way to survive instead of thinking about Bitcoin price.

As 2024 approaching many predictions has been made about economic crisis that will shake the world with many countries rising up to fight against one another

If these assumptions/predictions are to be true then what will be its effect on cryptocurrency most especially Bitcoin. As we know during war, economic activities are always grounded where many will be thinking only about their survival in terms of living than economic dealings and gains

Was recently discussing with a friend who is of the opinion that since Crypto/Bitcoin is a digital kind of money it should not be affected by any natural disaster or war but for me I believe it will be affected since crypto/Bitcoin is striving because people are making use of it and if these people are affected by war, which will disrupt flow of doing things the normal way, then crypto will die a natural death at least for that period.

Although we both agreed that even if there would be a World War III, participating countries will not be more than 6 going by previous wars but these countries will be economic powers that can/would ground economy of others countries depending on them. Hypothetically, say Russia, it might be difficult to pump oil to neighboring countries and other countries abroad that depend on them for their survival and might not be able to power countries including  Satellites and Base stations (BTS) to generate data. Without data, cryptocurrencies will be useless as there would be no trading of any sort for that period.

Will like to know your view on these as 2024  prediction for Bitcoin, Ethereum investment is encouraging and we don't want anything to truncate this flow. For me I believe there won't be any war significant enough to affect investment in Cryptocurrencies.