Topic: The economics of war. How does this affect us all especially us in crypto? - page 2. (Read 711 times)

Even if we wouldn't have had any wars, famine and other catastrophes, crypto have its place in the modern world. Because it offers anonymity along with transparency which fiat cannot provide. Fiat is controlled by governments, while crypto is decentralised and more free to be used.

I feel like we are on the opposite side of the story though. When there is nothing bad, no wars, no famine, no bad things going on, then why would we even need anything like Crypto? Fiat would be fine as well and we would all do fine. Obviously cyrpto does better because when all those things happen, there is a good reason for fiat to drop in value, and that makes gold go up, that's how it has been for hundred years now, fiat goes down and gold goes up.

Nowadays, we have a digital gold, which is bitcoin and that means when things go badly then fiat loses value and when it does, people use bitcoin and buy it and store it to keep its value, that allows them to do fine. Obviously people should be doing a lot better.

Cryptocurrency or digital currency is the future. With the passage of time, more and more people will recognize this.
It is always better to store your value in Bitcoin compared to other storage options. You can easily carry Bitcoin around the globe compared to dollars.
During crises, Bitcoin is a much safer option like you said, cash at home can be burned or stolen, and banks could go bankrupt. Whatever the crisis will be, you will always have Bitcoin in your wallet, safe and secure. During the war, currencies can be devalued, and physical assets -cars, houses, banks, etc.- can be destroyed, but Bitcoin will be there for you in such instances. 

This is true, I mean the news about Russia selling weapons from the war field in Ukraine to HAMAS, however, I have doubt that it will lead to KYC everywhere, because governments can close their eyes on many deeds when it is not advantageous for them to pay attention. Moreover, control requires very serious developed tools and a large staff of employees to carry out this work. But now not everyone can afford it.

I wasn't aware of this news, but it is terrible! Many Western governments are eager to control every single transaction with the excuse of money laundering and financiation of terrorism. The first one seemed to work, while the second one started to sound like an excuse for control. But now, if what you say is true, they'll have the perfect argument to make every hodler look guilty until proven otherwise. Expect KYC everywhere for everything related to crypto

In addition, there is already information that it was Russia that "worked on the project" of transferring to its brother Hamas, weapons that were seized on the territory of Ukraine, in order to create the appearance of "uncontrolled spread of military aid to Ukraine".
There are already a lot of recordings in the public domain, where among the cries of Hamas terrorists one can clearly hear the cries of Russian "consultants" - "withdraw, cover, ....".
Next week there will be interesting information about the investigation into the interaction between the Kremlin and Hamas leaders, funding of technical assistance... Israel and the US will not keep quiet this time and the world will soon find out who is the mother of world terrorism.

I will assume that Russia, once again, made a wrong assessment of the development of events, as it was in Ukraine, when they expected to be greeted "with flowers", and the AFU and volunteer battalions will not offer significant resistance to the "second army of the world". So in Israel - the idea seems to be to ignite a new fire in the Middle East, in order to weaken support for Ukraine, where Russia is losing, to increase the burden on the US budget, and to reduce the information field about Russia's crimes. But it will turn out differently - the world will learn who has nurtured and supported the international network of terror, and what must be done to eradicate the problem. Who doubts in the status of Russia - "the mother of international terrorism", I recommend to study the concept developed in the USSR - INTERNATIONAL TERRORISM. It was in the late 50's, at the highest level, realizing that direct military confrontation with the countries of the west - does not have a positive result, the USSR decided to systematically destabilize the world through terror. This is all in the open sources. And the second, easily verifiable fact - as soon as the situation in the USSR/Russia became really difficult - world terrorism immediately "faded".

And now, after another "project" of Russia in Israel, in "commonwealth" with Iran and a few other "friends", the world will realize that it is necessary to gather all forces in a fist, and to put a fat point in the history of world terrorism. Otherwise, terrorism will destroy the world like a cancerous tumor destroys an organism that does not realize the risks of this disease and does not take emergency measures.

I am sure that now the military-industrial complex sector will be actively developed in all countries, measures will be taken to minimize economic contacts with terrorist countries and their accomplices, to degrade their economy and society.

The only negative effect may be more stringent regulation of cryptocurrencies as mechanisms for financial interaction between terrorist countries and groups.

But if the economy is affected then our crypto assets will also be affected because the cryptocurrency market is also part of the world economy. If there were no war, inflation or crisis, I believe the market would develop better and we would be significantly more profitable than we are now. Is your cryptocurrency portfolio profitable or is it still losing value due to market declines? That is also the impact of the war on investors like us.

Greetings fellow countryman !
"The world is tired of war" - yes there is such an opinion. simply the world has forgotten what war is, and therefore considers that war, as a light in the room can be turned on or off. They're tired, they're uncomfortable.... But they do not realize that now it is Ukraine that holds the brown plague of RASHISM, and does not let it go further, for example, to the same "war-weary" Europe....
Regarding the reasons for the massacre in Israel - I am sure we will soon find out who was the "architect", who helped and armed, who trained ... And believe me - there will be no surprising discoveries. I have enough recordings from Gaza, where during the battle sounds "Allahu akbar", and then in Russian shouts "cover us, let's withdraw". In order to stop world terrorism, it is necessary to destroy its lair.
And I'll just remind you, and anyone can check it out - as soon as things got really bad in the USSR/Russia - the level of world terrorism dropped sharply....

If there are wars like what is happening now in Russia vs. Ukraine and Israel vs. Hamas, I don't think we crypto enthusiasts will be affected much by this, except for the people who believe in crypto who are in the country of war itself.

People like that opportunity, and our crypto assets should be stored well, not only in hardware wallets but for USBs or sny cold wallets. Physical things can be damaged, but not digital assets like Bitcoin. The economy can also be affected, but not the digital assets we have. The recovery of the country may take a long time when the war ends.

This is so true, we can't even condemn the war crimes that has been committed by their government or their military without being misunderstood as we support one side. I mean we can support the innocent civilians on both side, who are the real victim of the war.


I would tend to disagree, both Small Scale war or either World War will decrease demand in crypto, even small scale war will affect many people and those people wouldn't even slightly think about investment or crypto while they can't even get food, water or barely survive. War never has any good impact in any aspect society, politic or econom.

Kashmir is missing from the highlights .. Also we all want peace but according to the human physiological cycle it's not possible in any age, Still, I hope all will end with peace, Standing with the Peace Talks Solutions.
War's are not the solution but it's a dead end for every country.

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In Israel vs Palestine, I hope for peace, currently, Palestinians are the ones who have been victims for along time.

The problem with cryptocurrencies is the need for internet. In war, the internet is often restricted or cut off altogether. Therefore, paper money starts to be in high demand in this case, as it is impersonal and no internet is needed to transfer it. Of course, where to store paper money is a separate problem because of looters

yeah you are in the line of fire.

I live in the NJ and NY area I have a few Ukrainian friendships and a few Russian Friendships.

It is a struggle for them as my Russian friends do not want to support the war but sre afraid of Putin and my Ukrainian friends have lost 😞 relatives.

We all know btc can let you move wealth out of one country so war does show that value. I remember the Ukraine was able to get a lot of funding via btc.

Now I am anti war across the board. My fear is stricter KYC and rules from the USA. They will say Hamas gets funds via crypto and we can’t freeze them like we froze Iran 🇮🇷 six billion.

I also fear snowball effect Ie China vs Taiwan.

Some good replies here as people in general do not want the destruction war brings.

Seems like it was all a big scare and nothing on the size of the Ukraine invasion effects.

Oil went down, actually lower that it was before this whole shitshow, the only ones that are getting recked are Iranians as their currency went nuts:

now that Qatar has frozen those 6 billion they were supposed to finally get.

So probably if we exclude the humanitarian consequences of this nothing major in the economy will happen, China is quiet as it has its Uyghur problem, India just....common, we know how much they love Pakistan and Muslims, so most likely everyone will stay quiet while Israel turns the entire Gaza into Mariupol.


That's if there is a fire you're away and the seed is not in the house, if a JDAM is dropping on you cash or trezor or whatever cold wallet you have it doesn't matter anymore. The whole thing is so damn complicated, you have 5% of your wealth in BTC safe but you lose 95% and maybe you lose a leg or a hand, at what point do you start thinking if it maybe was better for all to end it right there?
This whole shit is so depressing!

Stop the war.
Peace is the most effective way to make the world return to normal, solemn life without any divisions.
War requires a large budget to meet the necessary needs and post-war also requires a large budget to rebuild all damaged sectors. The most valuable thing that is difficult to recover beyond the economic impact is the psychological impact received as a result of war.

Local wars certainly help increase demand for cryptocurrency. However, as the threat of them turning into a world war increases, the demand for cryptocurrency is likely to fall. After all, people will have the primary task of surviving in this situation, so first of all, clothing, food, shelter, everything that helps a person survive will be important. Any money in this situation will lose its value, and cryptocurrency as well.

For countries that are not affected by crypto assets, especially Bitcoin and gold, they are very suitable for investment. Maybe you could add shares in military drone companies. However, it feels a bit heavy hearted to mention this when there are people who have suffered as a result of war.

Real trading turns out to be more painful. An ongoing irony.



At least there is still hope from people that this situation will soon improve even though if you look at it logically this situation will continue to escalate. The economic crisis and natural destruction have encouraged some brains to go wild under the pretext of survival and maintaining self-respect, isn't this the same as cannibalism, killing to survive.

Sooner or later we will see developments in the industry sector such that drones may become worthless. I saw a design for the first anti-drones. It sprays a gelatinous substance that makes the drone stop. There are guided lasers and there are some modern technologies that make these new tools useless. Tracks and armor will remain valuable unless laser weapons or any rays capable of dismantling and destroying armor are invented easily, but the problem lies in the cost. If they are cheaper than drones, it will be devastating for this industry.

As for the economy, I still see what is happening in Gaza as limited, and if it does not turn into a global conflict, it will end within two months and we will return to the old war. Taiwan and China may have a war between them by 2030.

In my personal point of view I will say that yes global war or economic war what ever you say I think  it does effect on all sectors also can in crypto.
I think the cryptocurrency world is definitely connected to the physical world in some way. So when these global conflicts start, I can say that their effects will somehow affect our global economy. And I think that's where the key lies when you look at the global recession that creates inflation. And it certainly has an effect on people's economic condition, so I think it has an effect on investing in cryptocurrencies as well.