Topic: How could war affect crypto? (Read 1504 times)
I don't believe it affect crypto, crypto is meant to be be traded which means buy and sell them, so war affecting it can only be if the whole world is at war. Crypto only affect war positively, because it serve as source of funds for weapons black markets things, buying illegally.
It will affect everything else, it will obviously have a negative impact, because war leads to depression and economic decline, respectively, no investment in cryptocurrency is expected during this period and, accordingly, there will be no growth.
It is difficult to say what is about this thread. If we are talking about local conflicts then I think it doesn't have any significant negative impact on crypto. But crypto can be used for money transaction for illegal armed forces.
This is a rather extensive question. It depends on what kind of war is global or local. In a local war, it almost does not affect. If global war, people will not care about bitcoin.
The impact of war on cryptocurrency is almost non-existent. The war between local areas or small countries cannot have a major impact on cryptocurrency, but if the Third World War arrives, the currency other than Bitcoin will depreciate significantly. .
Guys reasoning about the impact of cryptocurrency on the war must be considered from the point of view of the theory of relativity, you yourself know very well who. Considering the same war in Syria on a global scale, we will see a huge field of activity for the use of cryptocurrency in absolutely illegal purposes and with impunity, and this, to put it mildly, is not good. And looking through the eyes of people who live there and see the horror of the war, not seeing not only electricity but also elementary human needs, we can understand one simple truth - why should a person suffering in the desert have a bag of gold if he does not have a sip of water.
How could war affect crypto?
How could war affect crypto?
When people are fighting wars I'm pretty sure they are not going to be very concerned about the money on the internet but I guess the people who deal in arms and other things can use them to collect money for their merchandise without having to risk being hijacked so there is that but for the average joe, it'll just be focus on trying to survive
It is sad, but the industry will explode, because of the anonymous payments, it would be possible to finance the war. I do not want even to imagine such a situation and it would be awful for the whole world.
It all depends on what kind of war.If this is a civil war, then naturally the population will not have a rush to buy cryptocurrency.she is be used directly by those who are fighting.And in General, such a war will not affect the cryptocurrency rate too much.If we look at a world-wide war, then the cryptocurrency is likely to depreciate very much. I don’t think that there will be many who want to use it and moreover keep their money in cryptocurrency.
How could war affect crypto?
I think that if it is a world war, then the cryptocurrency will disappear. If it is a war between the two countries, the cryptocurrency will develop.
How could war affect crypto?
How could war affect crypto?
Cryptocurrency helps in the war. With the help of electronic money, it is possible to acquire illegal weapons obtained from the sale of drugs. Of course, in the case of paper money, this is problematic, while with cryptocurrency it is greatly simplified.
What happens when there's a war?
Destruction of almost everything so the most affected area would be the battle field but to other place there's not much affection if a war exists. Crypto transactions will keep going on those areas that aren't affected.
Destruction of almost everything so the most affected area would be the battle field but to other place there's not much affection if a war exists. Crypto transactions will keep going on those areas that aren't affected.
War in developed country may increase interest to cryptocurrency investments, because crypto could not be confiscated by anyone. In addition, it could not be arrested by any bank or government, so it is great option for hiding money during any unpleasant occasion.
I have another point of view. Each war affects negatively on the life of the country or a nation. I do not think that people that think mostly how to survive will have much time to work with the cryptocurrencies.
An interesting question, not long ago I thought about it, the question is which countries will take part in this? since the basis now for the crypt is America and Asia, these 2 centers,on which the further growth of the crypto-currency market will depend, but I think in any case,crypto-currencies will be introduced in the world every year
It depend on the place, where this war will take place. For example, during the full fledged war between US and China, cryptocurrency market will become useless, because it will end our world. In the same time, a lot of terrorists use crypto, but it could not be called war.
I do not want to talk about such things, because war is a very terrible thing that benefits only a small number of people, I do not think that it will be beneficial to many people, but this is another topic.
I see two possible situations. The first, that crypto will has a good benefit from this because a lot of manipulations with money will be done here. And the second, the majority of participants in crypto will not have an access to the crypto in that time and it means that we'll lose everything.
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