Topic: The economics of war. How does this affect us all especially us in crypto? - page 4. (Read 711 times)

You need to take a note about a way you hide your key.

It's true every coins we have will not lose during war or natural disaster and we can easily carry and move it from a place to another one, but can we sure if during that chaos situation, we will carry our key?

Many people left their key in a hidden or difficult place to access, it's not fun when we're still search our key for risking our life.

That's why I doing this since this can make sure I always carry my key wherever I go.

Hamas hit Israel with rockets on a very large scale and harshly, inflicting about 5,000 rocket strikes. Following this, about a thousand militants invaded Israeli territory through gaps in the fence, with the help of boats and even by parachute, and carried out senseless terror on civilians.
  In response, the Israeli IDF has already carried out about 800 strikes on Hamas headquarters and centers, and has also received permission to conduct a ground operation in the Gaza Strip, from where the attack was carried out.

Israel can use Hamas' attack, unprecedented in the last 50 years, to completely destroy this terrorist group, which is generally not supported by the Palestinian people. I don't think this war will be very long. However, the world received another military hotbed in Europe. The UN was unable to pass a resolution this time either. The reform of this international organization has already taken too long.

That's an excellent point, in the medium term war magnifies the importance of crypto and the seamless way of value transfer they can provide.
You can't escape a war zone with bars of gold or land or a house, but you can instantly transfer all that wealth if it's in the form of crypto assets.

On the other hand wars and continued large scale conflicts can delay new capital entering into crypto space as crypto assets continue to be seen as a high risk asset class, so in times of strife and turmoil investors tend to shy away from risk until some kind of order is restored...

It has me thinking a lot. I remember the 911 attacks. I lost a cousin-in-law as he was a fire fighter he died rescuing people in the twin towers.

A lot of the world changed then. KYC airport security.

It seems the Russia vs Ukraine ,
Palestine vs Israel ,
Taiwan vs China in the future
. Not to mention 1 or 2 revolutions in South America Africa and Central America.

all mean an unsettled unstable world.

Bad for tech not sure as WWII was good for weapons tech. I just feel we don't need the weapons tech it does not help the world very much.

I know my digital assets are way safer than any physical assets.  I can place seeds in a few places not one. They won't all be knocked off.

Oh I can show a 24 word seed in an email to myself  that is not my seed but would let me find my seed later on.

or I could hide my seed on multiple emails to my self on multiple emails.  I do not worry if I have digital assets. they are safer than a bar of gold or even a home.

If we're going based on pure logic here, then the biggest effect that war could inflict upon the crypto world is nothing else but the cessation of technological progress. When we're at war, not only is manpower allocated and redirected to produce as much destructive force and firepower to put your enemies down, that also includes the R&D, as well as the technological prowess that your country boasts of. New researches being funded for better weapons instead of cancer research. People looking for more ways to efficiently and cheaply kill each other while the economy is going to the shitbox, that's all good examples. Another would be the fact that this could easily mean that crypto would stop being used and updated since everyone's just so busy killing themselves over something trivial.

It is not Ukraine vs Russia. You should be accurate when mentioning who started the invasion and who is the aggressor in this situation.


The conflicts, examples of which you give, was never about weapons only. The most profits made on political agreements, not on arms deliveries.


The ability to easily attack almost anywhere anyplace means everyone anywhere could be attacked anytime. And when a missile is hitting someone's home, it doesn't matter, if he has cash or cold wallet with secret phrase hidden somewhere. It will all burn.

Its now becoming like a big UFC or boxing match and it's sad the world is watching on while human both young and old guilty or innocent are getting slaughtered. Not just that there has been some reports that some ammunition used are those which were donated to Ukraine if this is true then we would be seeing more wars like this were other nations would be fueling the whole issue with their support.


Well I would say in this context yes it's best to hold digital asset than keep cash that can be destroyed but don't forget that there is digital banking too so really that's covered but rather I would say that war can affect a nation's economy easily and this can lead to their currency losing value but Bitcoin is decentralized so the value won't be effected by the situation of the nation's economy due to the war. In all let love lead the world.

I start this thread because my other thread was moved to politics.




https://bitcointalksearch.org/topic/m.62960887

2200 Rockets shot at Israel 40 killed.
October 07, 2023, 09:43:26

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I have zero issues with the people that moved it with out letting me know.


My main point is the new conflict was accelerated because the world is bored tired disinterested with Ukraine vs Russia

So we now have Israel vs Palestine

And likely we will next have China vs Taiwan . Just a future guess.


I see a huge shift in the military industrial complex's ability to earn profits. Due to modern tech ie Drones and the like.

I watched on film about 5000 usd worth of gear take out a 1 million dollar Russian tank .  At no risk to the operator of that 5000 worth of gear. 

So I am wondering when do these wasteful conflicts alter. Ships don't have the value they used to have.

 you can sink a 500 million dollar  ship with a 20,000 dollar drone.

This mean a huge shift in making money with military gear is going to occur over the next 5-10 years.

Is this new conflict going to be yet one more shift in weaponry.

And does the ability to easily attack almost anywhere anyplace mean having crypto is more important than physical assets.

I.E 10,000 cash in a home could be burnt. But my digital wealth is safe.

So forget

the war as political and think of the economic angles here.

To all in Ukraine vs Russia I hope for peace.
To all in Israel vs Palestine I hope for peace.
To all in China vs Taiwan please keep the peace.


To this forum will the new methods of attack alter the value of physical assets thus increasing crypto assets.