Topic: What will happen to bitcoin on a world war? - page 3. (Read 1936 times)
If the world war happen than bitcoin will be most secured way of transaction for government. But if there will any internet connection there. People can save their money in digital wallet . It will helpfull for sure
you're going to be drafted so you can gamble in the trenches
You may be lucky if you're a girl
In a world war not all countries fight. It's called world war because there are conflicts on more than one continent but many people including my grandparents lived through the war without being drafted or having to hide in the basement from bombs. Many countries even in the conflict zones were spared and the front moved far from them.
Guys, don't overthink. You are thinking as if the whole world will be affected, that all 200 countries and territories. If a nuclear holocaust happened there would be places in the pacific ocean, oceania, south america, and africa that will be spared from the madness. And the survivors will simply relocate to those places if they can. The internet would still be existing and bitcoin would still run as there might still be people mining it from the countries that are not affected by a world war.
It is difficult to find a year on our planet without a war. Probably such a human nature. In our time of high technology, world war is very easy to ignite. There is now a lot of evidence to support the fact that previous human civilizations had much more advanced technology than we have now. We find descriptions of the use of nuclear weapons and evidence of their use many millennia ago. Each time, humanity has to rebuild almost from scratch. It is possible that after some time the bow and arrows will again become the most formidable weapons. So far, human history has been constantly repeating itself. In my opinion, a world war is literally the worst thing that can happen to humanity, with or without bitcoin.
Wars happen because countries can't pay up their debts, so they "pay up" this way. (Again, in my opinion, no misunderstandings)
In a war, the fiat loses its value. I had a discussion with a friend about what could happen to bitcoin in a war. He said that it will surely collapse. I am not so sure about it.
Although, think about it for a while. In a world war, the last thing someone has is access to the internet. Would bitcoins lose their value?
History has shown that gold is the money that "reborns" fiat. At least after a war. I would like to read some thoughts.
In case of a war Bitcoins price will rise maybe because after the war a lot of Bitcoins will be declared as "lost" due to deaths of some hodlers, enthusiasts and traders all over the world. Meaning, supply will become more scarce as tens to hundreds or even millions of people are perished and affected in that situation including whales and institutions that are unable to recover their Bitcoin funds in the same amount. After a war if we ever survive and recover our funds we just need to wait until internet and local exchanges will be restored and use it to start a new life again. Unlike hoarding fiat and precious metal which is life threatening even without war, how much more in the midst of a war. Wars happen because countries can't pay up their debts, so they "pay up" this way. (Again, in my opinion, no misunderstandings)
In a war, the fiat loses its value. I had a discussion with a friend about what could happen to bitcoin in a war. He said that it will surely collapse. I am not so sure about it.
Although, think about it for a while. In a world war, the last thing someone has is access to the internet. Would bitcoins lose their value?
History has shown that gold is the money that "reborns" fiat. At least after a war. I would like to read some thoughts.
In the event of a world war, everyone will feel fear and just think about how to survive the disaster, bitcoin and other currencies may only be needed for equipment in times of war
That would be the most appropriate time hold and utilize bitcoin. If you need to cross a border, you won't be able to take piles of cash or gold. Prices will likely to vary widely in different locales, as borders are shut and the global markets stop functioning.
In my opinion, if there is a World War, then Bitcoin will be more useful and needed by many people and the price of Bitcoin will be
even more expensive. Because transactions with fiat will be difficult to happen, because world war usually does not accept foreign
currency transactions. And many banks have stopped operating for security reasons. Because Bitcoin is decentralized, financial
transactions can occur between countries, because Bitcoin no one can control it. And also because Bitcoin transactions are anonymous,
the government can use to buy weapons for war without the enemy knowing. And also for the rich, Bitcoin is the right choice to save
their wealth.
even more expensive. Because transactions with fiat will be difficult to happen, because world war usually does not accept foreign
currency transactions. And many banks have stopped operating for security reasons. Because Bitcoin is decentralized, financial
transactions can occur between countries, because Bitcoin no one can control it. And also because Bitcoin transactions are anonymous,
the government can use to buy weapons for war without the enemy knowing. And also for the rich, Bitcoin is the right choice to save
their wealth.
That would be correct since people would just use Bitcoin as another form of Currency in which you can purchase weapons and protection. Bitcoin would be a useful tool since people would just go around stealing money and if you have an electronic wallet which is hard to penetrate without the credentials of the owner, it would be a secured way of owning money.
What will happen anyone can't say at this moment. But I guess there will be a huge loss in the world. The world economy will be destroyed for a period. The digital currency will hamper and its future will hang in uncertainty. And many more can happen but it is not expected for the generation.
If world war really happens( which I hope not) this would really have a big impact specifically in the crypto world, there will be positive results like everyone will use this one as their safe haven, will place or move all of their assets and investment on it. The government could also use it to purchase weapons and such. On the other hand, there will some consequences as well. Since Bitcoin relies upon energy such as electricity the most person will be affected are the miners. There will be lesser transaction made across the world because of disturbance upon an internet connection. Hence, I think the whole cryptocurrencies will drastically decline. So let's not hope for this to happen because I'm pretty sure this will never be like those past world wars.
My expectation is different from the others because in the history, whenever there is a war; all of the financial markets are crashing one each other where all of the investors are afraid and pulling their money out. Bitcoin is part of the financial instruments and markets that are also prone to crashes, I think that when the world war happen again; most likely the investors will pull their money or they will cash out because they will be afraid wherein they need also cash and for me their withdrawing can be a reason for the bitcoin to go down. There will be also effect on fiat money so I do not also suggest it but in terms of safe haven asset like Gold, it can be a good way to store money there because the probability of losing its value is very low unlike in cryptocurrencies it is so volatile where there are manipulators that can dump the price whenever they want. 
Some experts believe that the World War 3 has already begun.
At the same time, this time they decided to do without bloodshed. This is due to the presence of nuclear weapons in many countries. During the war, civilians hide in bomb shelters. Similar processes are now taking place. People are sitting at home. Some countries have imposed curfews. The borders are closed. People have panic. At the same time, everything is fine with the Internet. Stock and cryptocurrency exchanges are running smoothly. There is a redistribution of world capital. We are seeing the rise of China, which is less affected by the pandemic than other countries.
The processes that are currently taking place are not yet comprehended.
At the same time, this time they decided to do without bloodshed. This is due to the presence of nuclear weapons in many countries. During the war, civilians hide in bomb shelters. Similar processes are now taking place. People are sitting at home. Some countries have imposed curfews. The borders are closed. People have panic. At the same time, everything is fine with the Internet. Stock and cryptocurrency exchanges are running smoothly. There is a redistribution of world capital. We are seeing the rise of China, which is less affected by the pandemic than other countries.
The processes that are currently taking place are not yet comprehended.
If world war really happens( which I hope not) this would really have a big impact specifically in the crypto world, there will be positive results like everyone will use this one as their safe haven, will place or move all of their assets and investment on it. The government could also use it to purchase weapons and such. On the other hand, there will some consequences as well. Since Bitcoin relies upon energy such as electricity the most person will be affected are the miners. There will be lesser transaction made across the world because of disturbance upon an internet connection. Hence, I think the whole cryptocurrencies will drastically decline. So let's not hope for this to happen because I'm pretty sure this will never be like those past world wars.
Most probably during the war bitcoin would be forgotten, it's true, but once the war is over economy starts being a priority again, like after world war 2, when people started rebuilding their countries instantly and taking loans from foreigners to have conditions to keep the countries going on. The same could happen after a future hypothetical war. Once the conflict is over people will remember bitcoin and how it can be useful for them on those precarious conditions. Internet would be set up again in large scale and crypto operations would resume. That is what I imagine.
it is because people will be in a panic mode and they are going to prioritize thier life/safety but there can be small number of people that will think of what will happen to thier btc becuase they are afraid that they are going to be one of the casualties . they could have traded it or sold it in these last minutes . dunno if its the loan is the reason why there are world wars but i think its because of power and they want to own to expand their teritories . loaning can be possible to rebuild the economy after wars . i did a research and found out that there is only a tiny chance for the ww3 . i guess our btc are safe 
The world war starts the country's economy will get worse and it will be difficult to live like an epidemic many will not have the capital to invest in bitcoin the amount of investment in Bitcoin will be greatly reduced. However, no matter how dire the situation is due to the world war when everything is over the use of bitcoin will start to increase many countries will not supply in the next war after the second world War because the war will make the situation of their country worse.
Most probably during the war bitcoin would be forgotten, it's true, but once the war is over economy starts being a priority again, like after world war 2, when people started rebuilding their countries instantly and taking loans from foreigners to have conditions to keep the countries going on. The same could happen after a future hypothetical war. Once the conflict is over people will remember bitcoin and how it can be useful for them on those precarious conditions. Internet would be set up again in large scale and crypto operations would resume. That is what I imagine.
Hi to all. I accept that we are discussing a world atomic war on the grounds that at the current degree of weapons, a universal war must be atomic. With such a result, mankind will either totally vanish, or fold once more into the "Stone Age" - we will again bring in cash from shells. I believe that in the atomic world battle in several years nobody will recall Bitcoin by any means. I think the heads of the main atomic nations comprehend what they are doing and where they are driving our development.
I hope that world war will never happen, because surely the situation will become tense if it happens. What we think about is
the safety of ourselves and our families. Chances are we will forget about Bitcoin. And also during world wars, armed contact
often occurs, which can result in disconnected internet networks. If the internet network is lost, Bitcoin cannot be used. But if
the internet network is not cut off, we can still use Bitcoin to send money between countries that are at war. Meanwhile, fiat is
still used for daily transactions.
the safety of ourselves and our families. Chances are we will forget about Bitcoin. And also during world wars, armed contact
often occurs, which can result in disconnected internet networks. If the internet network is lost, Bitcoin cannot be used. But if
the internet network is not cut off, we can still use Bitcoin to send money between countries that are at war. Meanwhile, fiat is
still used for daily transactions.
Guys, don't overthink. You are thinking as if the whole world will be affected, that all 200 countries and territories. If a nuclear holocaust happened there would be places in the pacific ocean, oceania, south america, and africa that will be spared from the madness. And the survivors will simply relocate to those places if they can. The internet would still be existing and bitcoin would still run as there might still be people mining it from the countries that are not affected by a world war.
Fiat does not immediately loses its value during the war, it is more of a gradual depreciation.
Correct, even there's incidents like this fiat will continue to depend from how the entire situation inside the country.
the value will take place if the economy is really worsen and it follows the outcome.
Bitcoin will still be useful unless the physical networks where it travels is damaged, maybe post war, that will decide whether there is still value left because the war might have cause nuclear fallout.
Internet can be damage if the country really being hit by the war, bitcoin may not be useful without it. though the chances
is not really high but possibilities are there.
I think when war happens, bitcoin will be the least thing that I could think of, better focus on surviving because no use, having millions if you can't enjoy it.
I agree to that, surviving is the very first thing that all of us should in mind. Wealth is nothing when you are prone to die on the spot.
If world war should happen, God forbid, will you have time for your bitcoin? Everyone including the miners and admins will begin to look for safety. Won't the war destroy the network masts? And when those masts are destroyed internet become distorted and there won't be free movement of network. It's is better there is no world war so we can enjoy our bitcoin in peace.
I think there are several possible scenarios.
1) Bitcoin would become the world wide used medium of exchange.
2) If the internet shut down due to military actions, Bitcoin would die.
1) Bitcoin would become the world wide used medium of exchange.
2) If the internet shut down due to military actions, Bitcoin would die.
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