Topic: How could war affect crypto? - page 8. (Read 1504 times)
I guess the bad effects on the entire economy of the world, and crypto will be effect much or less, but due to the benefits of crypto it will be less damaged than other currencies, because in war, everyone will want to keep their money safe from the government and everyone so the need to use crypto will increase, but no matter what war will only bring negative effects on the world so i won't hope it will happen.
I sincerely hope there is other way than internet to access cryptocurrency! I have heard strange idea on how cryptocurrency can be sent in case of internet shut down! e.g sending through micowaves signal etc War can affect communications and thats incliude internet!
At war times,people prefer to store their assets in stable forms like gold rather than traditional money. and with the rise of crypto,i expect that people will go also to it which may lead to an increase in demand and therefore spike in price.
Yeah definitely wars affect not just cryptocurrencies even the whole economy of specific country itself why because the stock exchange, offices and markets will be closed and also at the site of conflict although if the war ignited on a country that have small users of bitcoin i don't think the price will go down but when the superpowers declare war on each other well expect that bitcoin price will drop significantly
I think that a war can very badly affect the market crippling goods. It is also very bad that terrorists can sell weapons for cryptocurrency, this phenomenon needs to be fought. Cryptocurrency is designed to help people and not harm them !!!
Crypto is a good way for terrorists to buy weapons and it is so bad...
How could war affect crypto?
I think that since cryptocurrency is gaining popularity and demand in the market, its price will grow regardless of the military moods in the world. In addition, the anonymity of transactions is another huge plus in her direction. The cryptocurrency market will exist even in time of war. That's my opinion.
Very bad. Since it is very difficult to track, for example, if a terrorist buys weapons for a cryptocurrency. I think that there are such cases. And this is not how to prevent it. Because behind all this is anonymity.
How could war affect crypto?
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.
I think your answer makes sense.they use bitcoin to buy a weapon of war.
this certainly facilitates them in supplying arms
Stability and peace order had impacts on the economy. Who wants to trade coins when you are bombarded with missiles? In this kind of scenario there will be fear. And because of fear many would try to keep their belongings as they knew that everything wouldn't be so favorable. As a result the market will be affected. A change in one economy lead to changes in the other as well because we are all interconnected through trades. So I would say certainly. But what happen to syria might not have a noticeable effect not unless tensions will grow between nations. Of course we don't want it to happen.
How could war affect crypto?
If there are wars the most affected are the businesses who are established near to the war zone. And as you are asking about its effect to cryptocurrency? I don't think that there's any effect or there might be but it can be minor. We don't know, it didn't happened yet so all will just take a guess on this one.
Hopefully there will be no need for us to find out.
I'm also hoping that it won't happen and we will not witness it. 
How could war affect crypto?
I don't think crypto affect the war directly as the Cryptocoins is decentralized and it has no control over any specific country. But if the war is between the major countries like United States, Britain, Russia, China then it would affect the Bitcoin and other cryptocurrencies. But i don't think the affect would be in some big crash and hope it will be small only and also the bitcoin value and demand will soon increase as the war would affect the countries financial strength and people will buy more & more crypto coins in the form of assets.
The war is the best cash machine ever (unfortunately).
So I'm sure that in case of a big war, crypto will raise a lot. For many reasons. Governments that want to transfer money without beeing seen, decentralised systems that would be more effective than current working processes... etc
So I'm sure that in case of a big war, crypto will raise a lot. For many reasons. Governments that want to transfer money without beeing seen, decentralised systems that would be more effective than current working processes... etc
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.
Worse is shady businesses already happens in the dark net causing also anonymous fundings, but since KYC is kinda holding this not really that tight. Well we're talking about war here. Even before war happens, government could use cryptos already for their advantage in their own hidden plans to whatever they're currently facing in another country. Even those countries that has crypto banned, they could have government using it behind. 
crypto is anonymous, you cannot easily know the one who engage the transaction, no one could ever know unless there is someone who will reveal the transaction. everyone can use it, so the terrorist if free to use it too, no one says that there is restrictions of whoever can use it.
Wealthy families during war are going to hide their wealth either in gold or anything that cant be destroyed by the war,which cryptocurrencies could be a big option because with the incoming war we can store our wealth to cryptocurrencies because the internet would be shutdown if ever a big war would happen,the cryptocurrencies cant be destroyed or stolen without the internet,which is being used to process the transactions.
I think the war will only affect if the weapons will be bought and poured through this market, then the state will begin to make sanctions
I think that the cryptocurrency is not the main means of payment in the criminal world. Military actions not only harm the cryptocurrency, but also damage all possible structures.
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