If there is a war between the US and Europe, Bitcoin will hit $1 billion - page 3.

stompix

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Quote from: DashingAgent on December 03, 2023, 06:11:58 PM

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin,

Oh yeah!
Once all banks are closed people will rush to buy Bitcoin with...what?
Reminds me of that Cyprus crisis when people who had their accounts frozen where supposed to use that money to buy BTC!

But seriously 1 billions people at war, 50% of the world GDP at risk and you think magically 18 trillions will fly into BTC?
How delusional can some be?

Quote from: DashingAgent on December 03, 2023, 06:11:58 PM

This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions.

With countries at war bombing and killings each other, why would you want to send money to the other side?
How many users use bitcoin to
- send money from Ukraine to Russia?
- send money from Israel to Iran?
Bitcoin touches a new high price and suddenly people are having a field day smoking whatever fails in their hand, even if it's lead paint.

cryptoaddictchie

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Well theres plenty of way to make that goal without using war isnt it. Thats a pretty bad omen or wishful thinking. War is inevitable but as much as possible I wouldt rely on that aspect. It can boost the currency of bitcoin but that isnt good way to boost it. Though it will literally help increases as investment on shares or stocks might flop due to war and tend to crypto instead as hedge fund. But a no no no.

SquirrelJulietGarden

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Like this prediction?

Balaji Srinivasan Explains $1M Bitcoin Bet Rationale, Says Could Take Longer Than 90 Days.

If Bitcoin can skyrocket to $1M, there would be something really massive happens globally and in such scenario, $1M will not have too much purchasing power. Your prediction is $1B and the scenario for it too happen is a World War III. Honestly, who is living on Earth want to see a World War III?

I will wish that Bitcoin will not hit $1B but there will be no World War III in my life time.

Oshosondy

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We do not want war, we want peace.

I do not think a man can think of war to think that bitcoin price will increase more. Without war, bitcoin price has been increasing. The price was less than $1 in 2010 but now worth more than $40000 as of today.

Without war, bitcoin remain an asset of value.

Majestic-milf

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Whatever gave you the thought that there'd ever be a war between the US and Europe? And don't you think hell would have to freeze over before the government ever resorted to using Bitcoin? Maybe you need to wake up from this daydream of yours. We really want Bitcoin to gain ground and let the Govt give it a break but this is quite a funny way to approach it.

Tytanowy Janusz

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Have you taken the pill today? because you are really going crazy here. What US vs EU war? what for? You know they are both in NATO? You know that Europe is not a single country? What does a tank driving in france have to do with whether a bank with headquarters in new york and servers around the world is able to operate?? a nonsensical thread considering a near-zero probability scenario

DashingAgent

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If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

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