global disaster mean this is happened to almost all of the countries in the world and i think yes possibly it will decrease the value of cryptocurrency because when global disaster happened most of people only concern how to save their own life without care for their wealth and if it is so then bitcoin will being worthless and lack of interest also the damage effect is there's no internet connections which being the main thing to use bitcoin
In a global disaster, people flee risk to safer assets. There isn't much riskier than crypto, since it's price is comprised of pure speculation. Compare crypto assets to the stock market. Shares of a company have an inherent value, in that shares of a company represent proportional ownership, and if the company were to be liquidated, the shares would be worth a proportional share of all the assets they represent ownership in. Further, shares generally trade above this value because they represent future profit the company will generate. Contrast this with bitcoin which doesn't represent ownership of a business or anything the generates profit. The only way to profit from owning a crypto asset is to sell it someone else for more than what you bought it for. This is a crapshoot of a proposition, and requires everyone to continue to value an inherently valueless asset. In times of global strife, stocks dive because people flee risk for safer assets (cash, treasury bills, etc.). We haven't had a period of global strife since the implementation of crypto assets yet, but my prediction is you would see a bigger pull back than you see in the stock market because crypto represents more risk than even those types of assets.
