Topic: How wars can affect Bitcoin? - page 5. (Read 800 times)
Little wars could possibly boost Bitcoin's value, but big wars would probably crash it, since Internet would probably be disrupted or it would be at the risk of being disrupted. I would anyway not bet on wars as a good thing for Bitcoin.
While commenting on one of threads over here. A really interesting thought popped into my mind. What will happen when there will be coming a huge war?
Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
perhaps their picture of the role of bitcoin when the third world war would be a source of money for the economy and the material money for the war seemed to be wrong. this technology is created in this era and there is the culprit behind this bitcoin money created for investment and exchange of world currencies not for other interests or materials for this war will stop operating and can not be cairka again if the world vulnerable to violence.Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
My opinion if a war occurs, will not affect Bitcoin. Because Bitcoin belongs to the crowd. And the role of Bitcoin as a cryptocurrency will not change even if war happens. Instead it may be a small dump will happen.
I think Bitcoin would be an easy way to send money to different nations in an "anonymous way", not only Bitcoin, but Crypto-Currency in general, it could be used by people helping each other to have money to survive or by governments to help allies. A World War always make a lot of damage everywhere and it's possible that at some time internet would stop working for many people, then Bitcoin would be worthless.
I imagine Bitcoin would play a secondary role in a war, usually people are more interested in physical goods than money during wars.
I imagine Bitcoin would play a secondary role in a war, usually people are more interested in physical goods than money during wars.
While commenting on one of threads over here. A really interesting thought popped into my mind. What will happen when there will be coming a huge war?
Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
Actually wars bring big chaos or disaster to all the entire humankind ,if this would would happen now the first things,will much affect the bussiness trading in that country,and even though cryptocurrency investment will die,because all infrastracture,investment,capital,internet and other form of resources will diminished and turn back to zero.thats why we dont like wars because its destroy everything and turn to nothing.
Such interesting thought. Hmmmm, if ever that would happen, bitcoin and other cryptocurrencies would definitely fall as wars affects everything. But I think it won't die.
We don't want war to come but if theres a situation that there will be world war 3 then bitcoin will be like treasure that it will be not easy to mine bitcoin anymore and for sure the bitcoin value would be so damn high.
While commenting on one of threads over here. A really interesting thought popped into my mind. What will happen when there will be coming a huge war?
Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
Due to bitcoin decentralized nature war wouldn't affect too much, however till that, if a war country main currency is Bitcoin then it can affect a lot.
wars is the word which many people does not liked it because it can bringing huge chaos and eliminate people's lives and if this is happened then i think bitcoin probably worthless because when world war begin then people around the world will only care about their life and also the countries does not care about cryptocurrencies and they will more focus to war and how to win it
The role of bitcoin is to be something that will disturb the fiat currency, but the controlling it is not the bitcoin itself, but is human, with its misconception of bitcoin function, humans will assume that bitcoin is the substitute of fiat currency, whereas the bitcoin and fiat currency are not for compete but to complement each other.
Certainly the war has affected bitcoin. Bitcoin will die or will drop when the war occurs. Bitcoin exists thanks to the investment from the players. War will affect many aspects of life. Especially the economy is exhausted, human life difficult. So they would not be able to afford a big amount of money to buy bitcoin.
I do not know, I hope the war does not happen again. but, when that happens, of course bitcoin will be a very important transaction tool in this regard. many of the benefits of bitcoin can be used when the war, especially as a means of payment very quickly.
In my opinion, war can bring bad impact for bitcoin. Since bitcoin or other cryptocurrencies are not primary neccesities, its just an investment. If war happen, bitcoin or other cryptocurrencies holders will sell their bitcoin because they need to buy primary neccesities such as rice, bread or medicine to keep survive.
In the event of a small-scale war, bitcoin may not be much affected. In the world wars, the public’s trust in various currencies (second-tier cryptocurrencies, bitcoins, banknotes, diamonds, precious metals, etc) will gradually shrink. The first to abandon currencies with low confidence and low degree of consensus will eventually be concentrated in one or two currencies. A currency with a high degree of trust goes up for hard currency. Its great chance is gold, a currency that has experienced thousands of years of human social turmoil. Its trust and consensus are the highest.
Very good idea, but I think bitcoin is not very useful in the war, because the war may damage the signal and the power grid. If there is no internet, you can't trade in Bitcoin. The war will destroy the land and cause people to become homeless. Think Bitcoin is not suitable for war.
The war will make all Internet communications obsolete, because everyone is guarding against it. Then Bitcoin may have become something of no value, because at that time everyone was worried about their own comfort and whether there are food-related things.
Some networks can use Bitcoin in alternative ways, plus the satellites in the sky. Although they are troublesome, they are not necessarily useless. Is it possible to destroy the wars of the world's networks, probably the Third World War, or Star Wars?
It would be very bad when the war happened. War certainly has a huge impact on bitcoin. Because the war will destroy all property, people, living environment ... will make the country exhausted. Economically less developed, how can develop bitcoin. Most of the people involved in bitcoin are big financial corporations or bosses, rich people. The power of bitcoin depends a lot on their investment.
In the event of a world war or global chaos, Bitcoin's currency will quickly collapse, even worthless. The currency itself has little use value, only exchange value. It is based on trust and consensus.
The impact of the war on Bitcoin is significant. People may need more physical things in the war, such as snacks and daily necessities. The high transaction costs of Bitcoin are not conducive to the purchase of these low-cost products.
It depends on the size of the scale.
If it is a financial turmoil caused by local wars, bitcoin will surely skyrocket. If it is a full-scale war, such as the Third World War, which is mainly based on nuclear weapons, it quickly sells all valuable things and replaces them with long-term preserved food, drink, wear, use, and study field survival skills. Running in the mountains. This time no use of gold, who will remember the existence of Bitcoin.
If it is a financial turmoil caused by local wars, bitcoin will surely skyrocket. If it is a full-scale war, such as the Third World War, which is mainly based on nuclear weapons, it quickly sells all valuable things and replaces them with long-term preserved food, drink, wear, use, and study field survival skills. Running in the mountains. This time no use of gold, who will remember the existence of Bitcoin.
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