Topic: How could war affect crypto? - page 13. (Read 1504 times)
if war happens, it will have adverse effect on all aspects of life, war will make the currency very affected because war will destroy all means to access krypto currency.
Black markets for nuclear weapons can make transactions easily without being traced. The cryptocurrency makes it possible because of its unique characteristic which is anonymity. This is one disadvantage of cryptos. Just because it supports anonymity and it is decentralized, people take advantage of it and use it for personal and organizational goals that are unlawful.
How could war affect crypto?
In the United States, the United States and France in the United States today made a military attack on Syria and bombarded some places in Damascus. We all know that war is closely related to gold. People need a safe haven, and the current encryption does not have the function of avoiding danger. I think the more function of bitcoin is financial.
Bitcoin, like gold, is a safe-haven asset.
Then when the war comes, people will buy Bitcoins in large quantities.
Then when the war comes, people will buy Bitcoins in large quantities.
In Ukraine there is a war. I can say that crypto makes it really easy to hide money. Nobody knows who is the owner of the wallet which consists millions of dollars in cryptocurrency.
I think so, buying weapons for war has made easier thanks to the help of cryptocurrency. The terrorist can use Bitcoins and other cryptocurrencies as a means of payment to buy guns and fund deadly attacks.
How could war affect crypto?
Jump to: