Another war in the Middle East could be dire for the economy - page 4.

DrBeer

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Quote from: smelody on January 30, 2024, 11:24:18 PM

Over the past few decades, the rise of terrorism around the world and the power and economic competition between developed countries have intensified overall inflation.The way of superpower countries are exercising their power with it, the less developed and developing countries are suffering extremely financially.Those countries suffer from severe inflation. In the past decades, the world has seen several wars and its terrible consequences are known to all.
Oil prices are up due to recent unrest in the Middle East. And oil is one of the tools for the economy of the world.

If this warrior situation is not calm then what is the worst course for the people of the world.
Looking forward to thoughtful feedback. How Bitcoin can help in this case. I think Bitcoin is the strongest currency in the world

It's not "another war." This is a continuation of the global plan of the international alliance of terrorists to destabilize and destroy the world community and civilization. Regimes are pariahs - they do not know how to create, live by laws, build friendly relations and respect others. They need terror, instability, grief and destruction, fear and death. If in the 20th century the world community fought against it, by the beginning of the 21st century, they relaxed and decided that "friendly relations" and "pacification" of terrorist countries would solve the problems. As we have seen in the 21st century - no ! World global terrorism has reared its head and is wreaking havoc wherever it can reach. We must realize that if we avoid and run away from solving this problem, we will soon become forced servants of these bastard regimes, and we will have no cryptocurrency.

Spaceman1000$

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Quote from: smelody on January 30, 2024, 11:24:18 PM

Over the past few decades, the rise of terrorism around the world and the power and economic competition between developed countries have intensified overall inflation.The way of superpower countries are exercising their power with it, the less developed and developing countries are suffering extremely financially.Those countries suffer from severe inflation. In the past decades, the world has seen several wars and its terrible consequences are known to all.
Oil prices are up due to recent unrest in the Middle East. And oil is one of the tools for the economy of the world.

If this warrior situation is not calm then what is the worst course for the people of the world.
Looking forward to thoughtful feedback. How Bitcoin can help in this case. I think Bitcoin is the strongest currency in the world

Right from time memorial, the world has been battling with one situation or the other, it is either from war situations, to inflation, to a breakout of one epidemic or the other. Terrorism has infiltrated the world even to some of us in West Africa, the issue of terrorism has become an unending crisis with no ending in sight.

Bitcoin has a little role to play in this situation because some of these crisis are politically motivated with lot of kickbacks to those that are involved in one way or the other.
Moreover The oil price in the international market is mostly controlled by influential people that we don't know, the complexity of understanding the oil market in the international scene is not an easy tax.
Underdeveloped or developing countries needs to put their acts together, nobody will come and develop you, you have to develop yourself and control your inflation level within your country.

Husires

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Oil is no longer a trend in the Middle East, and methods have been invented to extract oil, such as shale oil. There are many countries with abundant oil production, in addition to electric cars and alternative energy solutions. All of these reasons will make a barrel of oil always less than $200, and the inflation resulting from energy prices can be controlled, but its political consequences It is the most dangerous.

DrBeer

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Quote from: snowpega on January 31, 2024, 06:48:44 AM

Sadly, I do not know why wars are happening even though we all can live happily by solving our problems through mutual understanding or cooperating with each other. These boards or government problems will eat away innocent people in the form of war. As we know there are different countries which are facing war Like Russia and Ukraine. They are just showing their power by destroying geographical locations or killing people and I think war is not important best is to solve problems through talks. I mean everyone deserves a happy or peaceful life but those who are terrorists and killing people without any reason do not deserve peace. Armies/government should conduct operations for these terrorists and best to avoid war

You have a rather strange point of view about the terrorist war that Russia started against Ukraine ! Russia is a terrorist country and an aggressor country. Russia destroys Ukrainian peaceful towns and villages, destroys the population, engages in looting, violence, torture, civilians ....
Ukraine is a country that defends its territory and independence and destroys the occupants. It destroys terrorists and objects of the terrorist country.
The world has played the game of tolerance and corruption, now we are paying with our lives for Russia's permissiveness. And until the world destroys terrorism globally, neither bitcoin nor cryptocurrencies in general will help us.

You probably don't quite understand what war is ? It is when you live in a peaceful city, you sleep in your bed with your wife, next to your children, you open your eyes and look at your wife and children with contentment. In the next room is your laptop with wallets and private keys..... And in a minute a missile of C300 type with 150 kilograms of explosives and several thousand striking elements flies into your apartment.... That's what russia has done in my country.
I hope you don't need to explain that after that all your crypto-assets become absolutely nothing....

slapper

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Terrorism, power plays, and inflation have shattered global financial stability. Superpowers flex their muscles, leaving the poor to suffer, especially in developing countries. Yes, the Middle East (especially with oil) is always an important economic topic. Its volatility shakes global markets.

Bitcoin is more than a currency - it's a symbol of perseverance. Due to its decentralization, it is immune to economic and political turmoil. When oil prices skyrocket and economies stumble, Bitcoin holds steady. Being a "strong" currency isn't enough - you need a stable, global, and vulnerability-proof alternative. It's essential to realize Bitcoin's capacity to alleviate such catastrophes and aid the economy from conflicts and geopolitical tensions.

snowpega

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Sadly, I do not know why wars are happening even though we all can live happily by solving our problems through mutual understanding or cooperating with each other. These boards or government problems will eat away innocent people in the form of war. As we know there are different countries which are facing war Like Russia and Ukraine. They are just showing their power by destroying geographical locations or killing people and I think war is not important best is to solve problems through talks. I mean everyone deserves a happy or peaceful life but those who are terrorists and killing people without any reason do not deserve peace. Armies/government should conduct operations for these terrorists and best to avoid war

kryptqnick

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Wars are on the rise, and some escalations can happen in the near future. Of course, there's some serious negative impact of wars, mainly for the countries suffering from it. There's some negative impact on global trade, perception of stability, investments into certain regions, etc. And, of course, there are some winners, like countries that sell lots of weapons and companies that produce lots of weapons.
Prices for some things like oil can indeed change, and I agree that Bitcoin is less impacted than physical assets. As for Bitcoin's impact in cases of wars, I agree with Kakmakr.

Darker45

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That region is always chaotic. I'm not sure but sometimes I think it's already cultural. Violence seems to be a central part of that region already. They can't seem to find a way to achieve stability in terms peace, both domestic and international. When you hear Middle Eastern territories like Syria, Iraq, Lebanon, Iran, Yemen, Palestine, you can almost immediately think of disorder and chaos. So whether a new war is brewing, for as long as it isn't a full-blown regional war, it's not anymore a big deal. So it probably doesn't anymore shake the market much.

michellee

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For those who own Bitcoin, they can convert their Bitcoin to fiat. Then they can move on and buy the things they need. These people will be financially fine because they can survive and even still buy things or meet their living needs.

Bitcoin could become a currency for all countries but that still seems far away. There are still many countries that are not ready to accept Bitcoin. Bitcoin is still an investment so people can sell their Bitcoin to survive.

People can still make money from trading Bitcoin for profits. From the profits, people can get more fiat. From there, they can continue their lives and will not be too affected by inflation in their country.

blckhawk

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It won't be dire for the war profiteers though, they're thriving on war and they manufacture these conflicts so they can test and sell their hardwares for something even bigger. Unless we get rid of oil dependency, we're never going to see an end in wars in Middle East to secure oil, that's the only reason why there's war in those countries. I don't know how bitcoin can help though, what the others are suggesting isn't a practice but a theory so it's going to be difficult to say that bitcoin will even have an impact, maybe a discrete was to sell military hardware for both sides?

Fiatless

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Quote from: smelody on January 30, 2024, 11:24:18 PM

If this warrior situation is not calm then what is the worst course for the people of the world.
Looking forward to thoughtful feedback. How Bitcoin can help in this case. I think Bitcoin is the strongest currency in the world

Since Bitcoin is decentralized, it could help people to engage in financial transactions even when the war has collapsed traditional banking systems. Locals in wartorn nations could still buy goods using Bitcoin from shops that accept the coin. During the early stage of the war in Ukraine, several agencies donated Bitcoin to several NGOs to enable them to help people affected by the war.

Bitcoin could also help to invade sanctions since it could bypass SWIFT. There were reports that some countries sanctioned by NATO and its allies receive funds in the form of Bitcoin and other cryptocurrencies. Bitcoin could also assist fleeing refugees who owns Bitcoin because they can still use this crypto freely in the the country they are seeking refuge.

Jatiluhung

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Quote from: smelody on January 30, 2024, 11:24:18 PM

Over the past few decades, the rise of terrorism around the world and the power and economic competition between developed countries have intensified overall inflation.The way of superpower countries are exercising their power with it, the less developed and developing countries are suffering extremely financially.Those countries suffer from severe inflation. In the past decades, the world has seen several wars and its terrible consequences are known to all.
Oil prices are up due to recent unrest in the Middle East. And oil is one of the tools for the economy of the world.

If this warrior situation is not calm then what is the worst course for the people of the world.
Looking forward to thoughtful feedback. How Bitcoin can help in this case. I think Bitcoin is the strongest currency in the world

If the war can be stopped, the world's economic problems can indeed recover quickly. But unfortunately, war seems to be inevitable and is becoming worse and more widespread. And actually the humanitarian and economic conditions this year could really meet a more unfavourable crisis if all this continues. I hope everyone can get back to peace.

Bitcoin can be useful for moving assets or bringing assets from other countries or for someone who wants to get out of a conflict-prone country to a safer country while taking their assets with them. By exchanging their assets into bitcoin and taking them with them.

smelody

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Kind information when a country under in debt and inflation and government have no money that time bitcoin become a one of the element to survives. If it useless development country did not get important policy like usa. Its not visible money but it brings various kind of oppertunity and open many Door to possibility.

Despairo

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Can you fight with someone using Bitcoin? can you eat Bitcoin? it's not make sense when you're discuss about war and answer Bitcoin will be the solution.

Not everyone have money, not everyone willing to buy Bitcoin, only small circle really own Bitcoin. They can escape or survive if they have a lot Bitcoin since Bitcoin will not able to collapse like banks or business, it's lightweight and you can carry it whenever you go.

In small scale people can survive when they have Bitcoin, while the rest can't.

Kakmakr

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Quote from: smelody on January 30, 2024, 11:24:18 PM

Over the past few decades, the rise of terrorism around the world and the power and economic competition between developed countries have intensified overall inflation.The way of superpower countries are exercising their power with it, the less developed and developing countries are suffering extremely financially.Those countries suffer from severe inflation. In the past decades, the world has seen several wars and its terrible consequences are known to all.
Oil prices are up due to recent unrest in the Middle East. And oil is one of the tools for the economy of the world.

If this warrior situation is not calm then what is the worst course for the people of the world.
Looking forward to thoughtful feedback. How Bitcoin can help in this case. I think Bitcoin is the strongest currency in the world

Bitcoin cannot help to prevent wars, but it can be used as a payment option to fund projects that will help the innocent victims of these wars.

Unfortunate, it can also be used to bypass "restrictions" and sanctions that are placed on the aggressors to force them to stop these wars. (Russia and SWIFT payments)

Donations towards victims can also not be stopped or stolen by the aggressors.

smelody

member

Activity: 113

Merit: 28

Over the past few decades, the rise of terrorism around the world and the power and economic competition between developed countries have intensified overall inflation.The way of superpower countries are exercising their power with it, the less developed and developing countries are suffering extremely financially.Those countries suffer from severe inflation. In the past decades, the world has seen several wars and its terrible consequences are known to all.
Oil prices are up due to recent unrest in the Middle East. And oil is one of the tools for the economy of the world.

If this warrior situation is not calm then what is the worst course for the people of the world.
Looking forward to thoughtful feedback. How Bitcoin can help in this case. I think Bitcoin is the strongest currency in the world

Topic: Another war in the Middle East could be dire for the economy - page 4. (Read 641 times)