Topic: Economic Implications of War on Individuals - page 14. (Read 3331 times)

There is no universal advice... it depends on whether you live in the city or in the countryside, and what kind of group you are surrounded by, whether you have weapons, there are many factors that can influence decision-making in difficult moments. If you are not a fighter maybe you can decide to run, but even running is not simple in many ways! Except you need money for wherever you are going it can be very hard to leave behind everything you built over the years, and not only you, but maybe your entire heritage.


Of course, people need to eat, drive, and have fun... My father took me to smuggle gasoline, food, different house accessories, and of course cigarettes. But that was on some small scale just to survive... But the government and people connected with that made zillions in that time. You don't pay taxes, it's all cash... and people without moral compass had other ways of making even more money. And that money needs to be spent in some restaurants, parties, and singers who are singing national songs are in demand, big one. All in all, it's a circus, but as long as we live we find a way to survive.


Well, I was in two wars and I grew up in a real mess... I guess I didn't understand many things back then, young and crazy, how else to understand the wish to have more to feel more? Now when I have kids it's a different perspective, but like any parent, when things become hard I will try to find a way and I will probably do whatever I need to keep my family safe.

My heartfelt sympathy to the people in your country, for the ugly experience of war, I've not experienced war myself, but the horrible tales of it from older folks who expanded it, is not what I ever look forward to witnessing.

In the time of war, I believe that it's how to stay alive that should be our Paramount concern, not really about a business to do. I also believe that in situations of war, food and health care are provided for citizens, your family can survive on that till things improve, also if you can find a way to leave the country with your family, better. As you're into bitcoin, if you're lucky to still have internet connection and a smart phone in your hand, then the best thing is to continue trading or accumulating bitcoin, to hold. It is decentralized, so when the experience of war is over, you can sale, convert to fiat of your choice and start all over.

There's nothing good about war and even the war lords know about this. I read that after the Nigerian civil war, many people were still persuading Odumegwu Ojukwu, the Biafra veteran war lord to initiate another war. But Ojukwu answered them that if there is war, it is not only human that suffers. Both plants, animals, air, water and even spirits suffer. So there's no need for another war.

Even the soldiers sent for war, many of them go to such mission against their wish. All human needs peaceful coexistence.

Some will see you as a coward but honestly, war is not the best solution to solving conflicts but then we must expect wars. It must not be of weapons and arms, it could be an economic war as we have witnessed recently.

Very few people here, unless they live in a conflict zone, will have any appreciation or useful tips for "survival" during a period of war. War is also not the same, there are all sorts of varieties - two equal peer countries engaged in combat will suffer much more equally than a rebel insurgency trying to overthrow an established government. Business is also dynamic and it's impossible to say what would be good or bad, plus you may not want to be seen as profiteering during these time periods when people are literally dying to defend your freedom - the government might seize any businesses it perceives are too greedy for the war effort. Again, the economic impacts will vary too widely, a country in Africa might have different priorities - just getting water for example - than a country like Ukraine that is still trying to prosper.

Almost the same thing began to be said in Russia, when after two months of the Russian invasion of Ukraine, even without the provision of serious Western weapons to Ukraine, the “second army of the world” had to urgently flee from the central and northern regions of Ukraine in order not to be completely defeated by the Ukrainian Armed Forces. After this, Russian propagandists began to say that Ukraine was pretending to be weak and thereby provoked an attack on it by Russia. A very interesting theory.

Any current potential aggressor must understand that if a neighbor is attacked, the international community will unite its efforts to help the victim of aggression. Only in this way can the aggressor be discouraged from starting wars of conquest. Military aggression is always aggression if the attack occurs on foreign territory and there can be no justification here.

Hamas will in any case regret its stupid and brutal attack on Israeli populated areas. In fact, Russia will also do this over time.

Every story has two sides but what we in the media all over the world is one side of it because Gaza people don't even have electricity to worry about other things, still yet to manage to capture the attacks of Israel against the Gaza people via social media. And to be honest Israel seemed to wait for such movement from Hamas so they could attack and destroy Gaza for a very long time.

I do not understand how the concept is to invest in bitcoin to manage your life when there is a war in the country you live in, honestly you are true that when the war occurs then what is definitely done is everyone will prioritize his safety first, even wealth can no longer be valuable When war occurs in your place.

Logically everyone will divert their assets to assets that are easy to liquidate and their value is fairly strong during the war, this might be more logic, unless the place you live in is not a war area, it can be done.
But if you speak clearly and have the opportunity to move to other countries, I think it's better to move to the situation and start a business or work in another country to maintain your life than risking lives, but that is not for people who have a nationalist soul, but There is no harm in you who want to be safe.

Yeah this is basically what war is about, one side attacks civilians, so the other side responds the same way, and basically there are evil people in war and there are innocent people in war, and because of what evil people do from the both sides, innocent people in both sides die. That's just reality of war, do you really think that even in Nazi Germany time, which could be arguably the most clear "yes we need to start war and it's a justified war" situation in history, there was absolutely zero innocent people killed?

I mean that war was as justified as it could ever be, you are attacking a killing machine who murdered everyone on its path, so you had to stop them, and waged war against them, and yet even in that there were innocent people killed by allies. So this is why we need to remember that if it's avoidable, we should avoid war at all costs, unless there is absolutely no other possible choice left, you have to be forced to go into a war, otherwise it's never good.

Any political, military or other organization, before attacking another state, must take into account that there will be a response and there will be a retaliatory military strike. Hamas in this case was located in hospitals, kindergartens, its offices were in civilian multi-story buildings, that is, it is obvious that this organization deliberately hid behind civilians and Hamas leaders did not care deeply about the residents of the Gaza Strip. But Israel has the right to self-defense; in retaliatory military actions, civilians are dying and will always die. If you do not respond to such terrorist attacks, fearing that the civilian population of the attacking side will die, then the terrorists will take this into account and will constantly hide behind civilians. And then what? Let terrorists do what they want and rule the world?

Enlighten us on what the Israeli military should have done to get rid of Hamas terrorist attacks without killing civilians in Gaza?

When there is a war in a country then one cannot think about earning money or saving money because everyone is in Struggle to save their lives. During war either you will be a part of war or if government can control the war through army then I think they should provide another save environment to their citizens. Bitcoin investment is necessary just for living a satisfied life and it has no concerned with war. Although it can be happen that due to war if resources reduces in a country then you can use your bitcoin investment for managing life expenses.

and that is the first and correct thing. However, if God wants us to be safe and our family members, of course we have to plan it because the post-war recovery process takes a long time, starting from people and infrastructure, the government has to fix it. So, if you have some savings, either BTC or fiat, it will help a little for us and our family at that time.

BTC is also a good option as an asset.

You can't erase the conflict and history between these two states based on just one incident, I am not saying what Hamas did was right to Israeli civilians but what Israel government retaliate with? Bombarded residential buildings, hospitals, and religious destinations, cut down the basic necessities of food, water, and fuel supply for weeks which is justifiable according to your opinion?

Even UN condemned what Israel did also terrorism and killed way more than what Hamas did so can we declare the Israel government as terrorist organization too?

On October 7, Hamas from the Gaza Strip fired from 2.5 to 5 thousand rockets into Israel, simply shooting at civilian settlements. More than 2,500 militants then invaded Israeli territory, including border kibbutzim and the city of Sderot, by land, sea and air. About 1,200 Israelis were killed. The attackers indiscriminately killed civilians, killing hundreds of unarmed participants in a music festival near the border with the Gaza Strip, and taking another 242 hostages. In addition to the massacre of Israeli civilians, there have been cases of sexual violence against Israeli women.
The issue is now being resolved with a temporary truce and mutual fuel supplies for the release of 50 women and children whom the attackers took hostage.

It is hardly worth calling such actions a struggle for independence, and calling the attackers warriors. These are ordinary terrorists who chose civilians of another state as the target of their attacks and decided to frighten Israel with terrorist attacks and blackmail them with hostages. At the same time, it was their stupid fatal mistake, since after this the Hamas group will most likely be defeated and cease to exist. The Palestinians will quickly create their own state without the participation of Hamas.

Let's apply a similar formula to Gaza and Israel, Hamas is fighting for their rights and free Palestine is their only requirement so why we still call them terrorists instead of warriors?

Reality is always different and sometimes truth doesn't even shine when there is power and shine is on the other side so the practical thing is make sure you are always on the side where power lies or just move to somewhere then you life will remain.

Why just limit the deals, just stop all the trade with Russia, and say we are always on the good side, no the government don't really care about the good or bad all they care about is what they need and who got it.

War is a heartbreaking word. There are two ways for a man to survive in wartime. A state can replace another theory by moving its people out of a war zone. If the state does not have such a situation, if the war takes a terrible shape, then the people should join the war for that country and survive. You cannot think of business where your life is not guaranteed. But yes if the war situation stops then if you save Bitcoin then you can plan with it later which will serve you and your family. In general, when a war starts in a country, a thought in the mind of the people of that country is "how long will I live"!

When war want to happen and you see it on the news, then there is chances it might not happen, peace will be kept at all cost to avoid casualties on both side but the ones don't see are the ones that use to happen. People don't really give a shit about Palestine and Isreal and until one person made an attack that kills hundreds and thousands, that was when I even knew about the pre war and the current status of the genocide that has been happening between these two countries.

The bad part of this war is that both affected citizens of Isreal and Palestine will never remain in good side of history again. If you are rich before war, the high chance of maintaining that status is low when war happen except if your business isnot in that country or perhaps your are into online business and investments that are not associated with the country, war is not good for any man kind.


If we are in a war, nothing is as important as life, I will never trade it for anything. My first priority is to make sure that I'm healthy and alive and if there is possibility of living the country, I will do that asap because only when I have life I will come back to check my properties and I confident that nothing will touch it because many people will also be running for their life as well. I will not stay and die for a war that wasn't started by me and it will not end with me neither.

I think nobody else like war neither. There is always a propelling force that inflict war in any nation. It could be economic crisis like: religion crisis, nationalism or land disputs. These factors can gradually becomes big war and causes affliction on individual which renders many homeless, fatherless, motherless and all that. So there is a need to always put things in other by a country to avoid war because it's never a good thing.

I think I have not witnessed a serious war rather protest

As for physical business I think it's inpossible because where there is war there is also no business. And even if you do it would not be like as usual. Except is an online business. Maybe probably I'd you are on signature campegn I think it would save you alot from financial issues.

Am afraid the only economic impact it will cause is fear and hypertension and alwaysay have that  war trauma in your head and becomes angry whenever you remember how your loved ones died.

Yes, unfortunately most people agree that there are no winners in a War and the people that are suffering the most... are the women and children that are left behind. (When elephants fight, it is the grass that suffers ... African proverb, meaning that the weak get hurt in conflicts between the powerful.)

People in conflict zones has to focus on survival and also protecting their family.... so that should be their primary objective. (Food / Water / Safety)  The other things will become important when you are safe and when your family are fed and healthy.

Tips :

1. Hide you wealth. (Jewelry and things you can sell, when you return to your country)
2. Get away from the conflict zone.
3. Do anything to protect your family
4. Be willing to do any job. (You might have been a company director before the war, but you must be willing to wash dishes to get money)
5. Convert some money into Crypto, because it can help you to transfer your wealth to another country. (Bitcoin has no borders)

When war is going on, the first thing I will think about is the safety of myself and my family. And as the OP said, we won't even have time to make careful plans if war suddenly breaks out. But at least we must know the indications before the war. So that we can make preparations when we have noticed and received indications.

If we are in a conflict area, maybe the first step we have to take is to run away with all the valuable assets we have. If you have the opportunity to change fiat to bitcoin then it would be better if you do that. and then go abroad and while waiting for the conflict to end we may have to survive. And yes, of course we need income even if we are in another country. If we are people who work online from the start then maybe moving countries won't be an obstacle. Because we can still work as long as we have tools and a good internet connection. But if from the start we only rely on manual labor in the real world. So maybe it won't be easy to find work in another country. Unless we have acquaintances and family there.

Perhaps I misunderstood your thought, I apologize.
But also the option of "running away from war" - as for me, a citizen of Ukraine, where the war came in 2014 with an attack from Russia, this approach is not acceptable. If we all "go where there is no war" - what will happen to my country ? Capture and destruction. Then this trouble will come to the place where we decided to run away. And so on to the sad ending.
Avoiding a problem doesn't solve it, it only makes it worse. Therefore, in a situation when your country has become a victim of aggression - running away is not the most logical option, although it solves the problem for a while.
I can agree with a slightly different option - if life is not comfortable or does not work out in a given house, neighborhood, city, town, region, country - it is probably worth finding a more convenient place to realize your plans. This is normal.

PS Regarding the fact that the EU buys Russian oil rather than sponsoring terrorism - I partially agree. But there are nuances here - it is a forced measure, before the final decision to change suppliers. Moreover, the EU has adopted a package of laws limiting the income of the terrorist country by introducing price caps on transactions with this "commodity".