Bitcoin Forum

How could war affect crypto?

I think so, buying weapons for war has made easier thanks to the help of cryptocurrency. The terrorist can use Bitcoins and other cryptocurrencies as a means of payment to buy guns and fund deadly attacks.

In Ukraine there is a war. I can say that crypto makes it really easy to hide money. Nobody knows who is the owner of the wallet which consists millions of dollars in cryptocurrency.

Bitcoin, like gold, is a safe-haven asset.
Then when the war comes, people will buy Bitcoins in large quantities.

In the United States, the United States and France in the United States today made a military attack on Syria and bombarded some places in Damascus. We all know that war is closely related to gold. People need a safe haven, and the current encryption does not have the function of avoiding danger. I think the more function of bitcoin is financial.

according to my understanding. when war occurs. gold, bitcoin .. is a safe deposit. Can buy weapons easily. and no one knows. So the price of gold and bitcoin will rise sharply if the war breaks out

Black markets for nuclear weapons can make transactions easily without being traced. The cryptocurrency makes it possible because of its unique characteristic which is anonymity. This is one disadvantage of cryptos. Just because it supports anonymity and it is decentralized, people take advantage of it and use it for personal and organizational goals that are unlawful.

if war happens, it will have adverse effect on all aspects of life, war will make the currency very affected because war will destroy all means to access krypto currency.

Yes, I agree with this thought. Like world war 2, many people were invested in gold at that time.
For now, I think Bitcoin is the safest asset to throw the money and make it safe.  

I do not think that cryptocurrency can have a significant impact on the war.. perhaps, depends on what kind of a war : between what parties and for what reason. although it is impossible to exclude that the cryptocurrency is also an opportunity to store money and conduct monetary transactions more secretly than with real money.

Why should cryptocurrencies don't work?
I think bitcoin is the best choice during a war. When there is a war in your country and your wealth is in danger, bitcoin is the best choice as a global currency.
Assume that your are forced to leave your country, you can use your bitcoins in every country. So your wealth is safe.

I think it could affect cryptocurrencies if the war affects the team management and development. If a coin is based on a country and that country has war issues, I think it could affect that coin's value.

My view is that a small local war may stimulate the rising of gold and digital money in a short period of time, because people in the war zone have a very urgent risk of danger, and in the tense situation in South Korea and North Korea last year, South Korea had a large amount of money to buy bitcoins.

Actually the power of crypto is enormous and it proves that crypto can cause something very unusual, for example war. If applied rationally it is most likely that crypto is used to aid war equipment. it could be the cost of a war, the impact of crypto is very broad because crypto has a very wide market share and in the world that nowadays crypto has been calculated as something very important.

In no way. War can only affect the stock  market, but not the crypto. There is a very little correlation between crypto and stock markets.

The war could have affected the stability of the internet all of the countries and it means there will be a lot of problems when we are trying to accessing our digital assets. Without internet and that will be useless.
It could give a lot of impact to the crypto based on my opinion regarding the fact internet is a must for crypto.

But those who will accept Bitcoin will still have to convert their Bitcoins to cash because most war torn countries are still heavy in cash in their day to day living.

If two countries are at the war maybe slight affect of crypto just slight go down in the market, but if world war happens maybe it will huge down the crypto and possible one of the top 100 coins in coinmarketcap will have no value.

I think war will boost the price of gold and digital assets like bitcoin because they are store of value so people will be likely to convert their cash into gold, bitcoin and food to make their assets secure. It is useful to secure your wealth through the war and bitcoin is one of the safest way to do that.

in my opinion the war is not a significant effect in crypto my friend
because, there is no connections between crypto and this war

It is simple, war will divert investment into alternative assets like gold, silver and cryptos, crypto is a new and attractive class so im expecting big money coming in to crypto now.

Yes obama said it that cryptocurrency is like a swiss bank. its anonymous even though its decentralized and its not transparant cause the private key and we only know address of the person who do the transaction not the identity of the person who doing it. I do agree War could drive economy but for crypto i think there will be many illegal transaction that could be happening using cryptocurrency.

Practically, the war affects people psychological aspects, e.g mood on doing trading, panic selling, etc. It also affects the crypto through the trading of weapons, uprising crypto prices, and as a long term investment since you can't really trust the safety of your assets in conventional modes.

When there is war there is destruction. When it struck the nation structure will fall. No one is exempted. Everyone is effective. House, Atm, roads, buildings, and more. If one nation love crypto then war is present the above reasons are valid to stop the crypto for a while.

I don´t think it will have any noticeable effect, the crypto market is very small and there is not a stron correlation with the rest of the economy. It is very different IMO.

Do not agree with you one bit. Do you even know what war does to people? One of the biggest characteristics of the crypto market is people panic selling/buying which can happen at any particular point of time due to some reason or another(good or bad). For example, Bitconnect value literally crashed when the scam was unveiled due to people panic selling like crazy. One of the biggest characteristics of was is causing panic among people which will obviously have an effect on the crypto market(Big one for sure). However, this effect might be positive or negative for the market on the whole.

Well, it can definitely lead to people withdraw money from the crypto and hence dip the price. But overall nothing is going to change in the long term. By the way the situational is better now between the west and ruskies after the recent strikes in syria.

I think the effect of War to crypto is tbat it will be a massive dump of coins resulting of decreasing the price because during war for sure many people will need fiat to buy emergency needs like food water and etc etc, also there is no goos thing war brings us it is only way to hate/ kill each other.

Hate to say this but most likely in a good way. Where can people move assets if they want to move (flee) but cannot take much stuff with them? Crypto.

I don't know if it helps a lot in wars but crypto coins mostly bitcoin are money that noone will know whos.
It's anonymous. No one knows who holds bitcoin if they don't tell.
It's not like real money.
I don't know if this will help in war but./..

It depends on the seriousness of it. Crypto can only exist when the Internet network is still active. If the war happens on a small scale, it will not affect the world economy

Agree to this one which is actually true on where theres no significant effect of war into crypto currency which can we found or see on traditional local fiats. Commonly in war supply and demand for oil is one of the example on where it do have significant effect since its essential and being used up on war which we would normally see the price is mainly affected due to these circumstances.

I am sure that any war negatively affects the world, of course, on some financial accounts of some people the war has a positive effect, but I think that in general war is a destruction in the full sense of the word.

It somewhat does. In Russia some people live off crypto. There is a news article, if you look maybe you can find it. Expect it to rise if problems increase.

War can affect the crypto market dramatically because people fear that market will go down and they will lose money. So people usually cash out, if they fear any war going to happen. Just like last night, USA missiles strike against Syria will have an impact on price, as now we can see the market is bit shaky because of it.

simple, can be anonymous money transfers, and this is a very powerful resource for a war

ofcourse at that time FIAT also has no value hehe
bitcoin can be used for buying weapon to war, even it already used for buying weapon in blackmarket :'(

I dont think that there is a definite relation between war and crypto. This is not something proved till now. The countries that go to war dont need to buy weapons with crypto. They do it in front of public's eye. They dont hide that they buy and sell weapons.

I think that the war would have had a very bad effect on crippling goods. The unstable situation in the world always has a bad effect on any currency. I very much hope that the world understands that war is nobody needs a thing.

Your asking effect in what way?  During war purchase using crypto is easier than carrying a large amount of money with you, you might be ambush in the way but when you send the payment online then it's safer that way.

I'm asking in terms of price......

It will give cryptocurrencies the best shot to have trillions of dollars,where do you think rich people will hide their wealth? in gold? not going to happen becaue it can be stolen but if they are going to put their money to cryptocurrencies surely its going to be secured most of the time as the war is still out there people are going to hide their money into something.

If there will be a world war,gold supply could be at risk because most of the people will hunt these supplies all over the world,it can be stolen like what fiat is,the value of the fiat could drop that is why cryptocurrencies will be the best choice to hide the your wealth because it cant be stolen so it means that bitcoin's value will surged up if most of the people or rich families are going to hide their wealth to cryptocurrencies just to be safe.

The fact that bitcoin is decentralized and you contro your keys and access to it without relying on banks and governments makes it a very valuable ool to store your assets in a time of war

crypto currencies are a very open platform to be affected from the outside. war certainly does not benefit. Countries that are good with each other bring new agreements and trade increases. the crypto slows down the universalization of money.

One of the ways crypto will be affected is by/through brain drain.  All the smart minds or most of them will be taken to put their intellectual powers into winning the war.

This is a wonderful question! I think that crypto will make wars meaningless over time. The war pursues the goal of gaining money from the vanquished. However, if the losers can not lose assets, then the meaning of war disappears.

war can have a huge influence on crypto, because war involves the whole country and crypto also now covers the whole country of the world. so I think the relationship of war and crypto can happen and get in touch.

If there will be war surely internet would be down too,cryptocurrecies cannot be used to any transactions if there will be no internet how would you expect to confirm the the transactions thru ledgers? We need internet to do that,most of the wealthy people are going to secure their wealth into cryptocurrencise that is why it might be pumped into trillion dollars marketcap if a war will happen.

I think crypto is a good safe heaven after gold when in war situation. Peoples can save their money to there(crypto). And this is a good opportunity for weapon seller, that can sell their weapon with crypto with additional price.

No internet = no cryptocurrency transactions,that is how the cryptocrreucnes will be affected by the war? it can be a good thing because cryptocurrencies cant be destroyed by the war,not unlike to these gold supply that can be stolen or destroyed which is why if a war would happen most of the people are going to invest or hide their money in cryptocurrencies.

We should hope to avoid any war in any way possible. Any large war will have bad effect on crypto in my opinion. The wars are always boost the real economy, but I think that crypto will suffer.

During wars and serious shocks, people translate their savings into something reliable or into products and goods of daily consumption that will help them survive the hard times. It is unlikely that crypto belongs to this category.

Little wars would probably either not affect it at all or be moderately bullish. Big wars would probably know down the internet and other infrastructures and Bitcoin would be gone.

Cryptocurrencies would be the best place to hide your wealth as it is cant be break or destroyed,after the war has over most of the wealthy people will lose their money and properties that is why they are going to invest to cryptocurrencies instead so if a war will happen their money would be still in a safe place,because i a war would happen there will be no internet access!

u know, the fearness make people wary.. include to invest. if none of people want to invest, the market doesnt work correctly and that make the cryptoworld die.

It will affect bitcoin's value because most of the people will hide their wealth to cryptocurrencies,because it cant be destroyed or stolen which is why you need to hide your private key until the market has ended,why cryptocurrencies ? because if there will be a war today internet would stop and it means cryptocurrencies will still exist.

This might be the logic,but the thing is what if the internet was shutdown forever or those facilities that runs the internet would be destroyed by the war? how would these cryptocurrencies be revived? theres always be something that oppose to our idea which are going to give us more time to think of it,possibility is high that bitcoin is going to be the safe haven,but we shouldnt forget the opposite of it.

Depends what type of war it is, if it was a cyber war then the last place people would want to invest in is crypto currency if there's daily state sponsored hacking going on. If it's a traditional war I guess it depends on the devastation caused. If there's black outs, and social breakdown in any form then no one would care about crypto it'd be about surviving day to day.

Might turn cryptocurrencies into a worthless currency because we cant use cryptocurrencies locally like what fiat is,cryptocurrencies needs an internet to be processed,not unless you have a manula ledger that doesnt require an internet  to process,but that is not possible because blockchain uses the internet to accept every blocks.

The move of some country are so alarming, and WW3 might happen at any moment. I hope someone can prevent it because that time cryptocurrency is just a currency for me, what important for me is to survive on that time so I can still enjoy life and still make good money.

I think not directly. News is one of the factors that influence the price movement significantly. Crypto users who hear negative news about crypto, will feel panic and end up selling their coins to secure assets. The impact, coin prices will drop because of the sale of coin on a large scale. Vice versa, if there is positive news about coin then many users who make buying transactions. Of course with the purchase of coin on a large scale impact on drastic price increases.

If something more worse happens crypto market will flourish and we will become rich.just kidding.Should rise because its safer to keep online than in the banks

The cryptocurrencies market is dominated by information on the Internet, and the war is no exception when it comes to exchanging rate fluctuations. The United States and its allies attacked Syria, which made the investment in cryptos rise due to a loss of confidence in the dollar. If the war breaks out, then I think the cryptocurrencies market will rise sharply in the next few months.

How would you use the cryptocurrencies without the internet? how will the blockchain works if theres no computer to confirm those blocks? ledgers? how do you think the cryptocurrencies will work when the government has shutdown the internet services? that is quite obvious,these currencies wont work without the internet so you should think twice.

I think it can, on some scale. For example a war destroying power lines or internet networks in some countries will inevitably have an impact on crypto supply and demand that is heavily dependent on network availability.

It may have some influence though not much. The price of crypto is strongly influenced by the community. Unless in the future many countries recognize crypto and use for inter-state trade.

I think a major war between multiple countries will just slow the crypto markets or push the market to ath. Crypto is not controlled by the government and you can buy it on a global scale so this could push prices up. People might like that aspect and invest in crypto during war times instead of traditional money. I don't think it cause a major market crash unless it's a cyberwar. Then crypto will be the last thing people think about buying as I can see countries hacking exchanges to fund war costs.

When there is war in a certain place and will damage the networking sites especially when there is bombing, then the transactions of the cryptos will be disable not until such time there will network signal ,so war in place have a very great affect to cryptos transactions activities.

How could your explanation about war? I dont know exactly how war affect bitcoin price but as i know war would make the price decrease.
Regarding illegal activity, it can be the reason of anonymous where nobody know the owner of illegal activity.

The problem that I see is the ease of access to weapons as it is much easier to buy them in the online black market and with the decentralized transactions of the cryptocurrencies many people will have access to these weapons, just imagine a rebel group, terrorist or even mercenaries forming within the war using the weapons bought from crypto.

Interesting question. crypto is effected by rumours and FUd so much you would think war would also have an effect. I imagine it would have to happen on a global scale or involve nukes for there to be an effect. and i thin the market would drop like a stone if there was a global event like that.

Go Green!

They say that war is the great equalizer because in war everybody is equal. The only advantage that reach people had is that they can use their money to buy security but they can't avoid loot which is the common problem if war occurs.

If you have substantial amount of fiat, you could always convert it to crypto to hide from anyone else and the very good thing is they can't steal it from you as long as you protect your private key very well.

What a joke not even make any sense . As far commodity like gold , silver , crude oil most of the time rely on USA newesez . But crypto currency  is not its completely decide by whales now market stable ready to move for next big bull run.

it could definitely affect trading and the price if the country that will participate in the war are countries that have participated in trading, of course, the internet connection to that country will be disrupted because of the ongoing war.

likely so. because it will surely be an awful lot of their funding through weapons supply bitcoin or crypto. indirectly then this will make the market demand became larger and certainly will bring the price of crypto mainly bitcoin getting high.

War can affect electricity, technology and computers. Without all this, the crypto currency can not exist. They are very vulnerable from the point of view of failures of high-tech systems

Thanks to the crypt, you can perform hidden transactions, buy weapons, and so on. No one can track down the owner of the purse and thus the price of the currency increases.

No

War can affect cryptocurrencies it's simply because most countries buy weapons or arms using cryptocurrency.

You are right, digital currency wallet is the safest way to hide money and nobody will know about your savings and investment, but there is also a bad thing in wallet and that is if the internet stopped you will lose your money. Many other small problems can also happen to digital wallets, but on the whole it is a good place for investment and earns money easily.

Cryptocurrency will help to hide the movement of funds but I think that will not greatly affect the price of crypto. To buy weapons in such quantities as are required for the conduct of war, no cryptocurrency is not enough

i don't like war so am not gonna talk about my opinion in that.

Hopefully there will be no need for us to find out.

Without a doubt, war resulting into economic crisis, and it is similar to calamities, so therefore it affects the total operation of cryptocurrency business, hopefully there is no war at all, because war can forms dynamic crisis that forms into negative contribution of income.

 in war, people do not know who has a lot of money, because his money is stored in the wallet, his money can reach millions of dollars. and people can trade in the dark using crypto as a means of payment, so no one realizes it.

You are right, when war comes, the most necessary thing is the weapon.Cryptocurrency is the fastest way to buy weapons. This could also be the reason the government banned bitcoin

I think that the cryptocurrency is not the main means of payment in the criminal world. Military actions not only harm the cryptocurrency, but also damage all possible structures.

I think the war will only affect if the weapons will be bought and poured through this market, then the state will begin to make sanctions

Wealthy families during war are going to hide their wealth either in gold or anything that cant be destroyed by the war,which cryptocurrencies could be a big option because with the incoming war we can store our wealth to cryptocurrencies because the internet would be shutdown if ever a big war would happen,the cryptocurrencies cant be destroyed or stolen without the internet,which is being used to process the transactions.

crypto is anonymous, you cannot easily know the one who engage the transaction, no one could ever know unless there is someone who will reveal the transaction. everyone can use it, so the terrorist if free to use it too, no one says that there is restrictions of whoever can use it.

Worse is shady businesses already happens in the dark net causing also anonymous fundings, but since KYC is kinda holding this not really that tight. Well we're talking about war here. Even before war happens, government could use cryptos already for their advantage in their own hidden plans to whatever they're currently facing in another country. Even those countries that has crypto banned, they could have government using it behind.

The war is the best cash machine ever (unfortunately).
So I'm sure that in case of a big war, crypto will raise a lot. For many reasons. Governments that want to transfer money without beeing seen, decentralised systems that would be more effective than current working processes... etc

I don't think crypto affect the war directly as the Cryptocoins is decentralized and it has no control over any specific country. But if the war is between the major countries like United States, Britain, Russia, China then it would affect the Bitcoin and other cryptocurrencies. But i don't think the affect would be in some big crash and hope it will be small only and also the bitcoin value and demand will soon increase as the war would affect the countries financial strength and people will buy more & more crypto coins in the form of assets.

If there are wars the most affected are the businesses who are established near to the war zone. And as you are asking about its effect to cryptocurrency? I don't think that there's any effect or there might be but it can be minor. We don't know, it didn't happened yet so all will just take a guess on this one. I'm also hoping that it won't happen and we will not witness it.

I do not think that war can affect Crypto. I know many people say that Crypto is used to trade and exchange weapons. But I do not believe it is true. Maybe that is some tricks of those who want to raise the bitcoin price

Stability and peace order had impacts on the economy. Who wants to trade coins when you are bombarded with missiles? In this kind of scenario there will be fear. And because of fear many would try to keep their belongings as they knew that everything wouldn't be so favorable. As a result the market will be affected. A change in one economy lead to changes in the other as well because we are all interconnected through trades. So I would say certainly.  But what happen to syria might not have a noticeable effect not unless tensions will grow between nations. Of course we don't want it to happen.

I think your answer makes sense.
they use bitcoin to buy a weapon of war.
this certainly facilitates them in supplying arms

I believe that the war is very bad. But if you raise the subject, I will say. The war can affect the currency as well as the ordinary currency. For example, some state has developed or maintains a certain crypto currency. And it participates in a war that sucks resources out of it. Naturally, the price of this crypto currency will fall. Especially will suffer altcoins are strongly associated with the state in trouble :( :( :(

Very bad. Since it is very difficult to track, for example, if a terrorist buys weapons for a cryptocurrency. I think that there are such cases. And this is not how to prevent it. Because behind all this is anonymity.

I think that since cryptocurrency is gaining popularity and demand in the market, its price will grow regardless of the military moods in the world. In addition, the anonymity of transactions is another huge plus in her direction. The cryptocurrency market will exist even in time of war. That's my opinion.

Crypto is a good way for terrorists to buy weapons and it is so bad...

I think that a war can very badly affect the market crippling goods. It is also very bad that terrorists can sell weapons for cryptocurrency, this phenomenon needs to be fought. Cryptocurrency is designed to help people and not harm them !!!

Yeah definitely wars affect not just cryptocurrencies even the whole economy of specific country itself why because the stock exchange, offices and markets will be closed and also at the site of conflict although if the war ignited on a country that have small users of bitcoin i don't think the price will go down but when the superpowers declare war on each other well expect that bitcoin price will drop significantly

At war times,people prefer to store their assets in stable forms like gold rather than traditional money. and with the rise of crypto,i expect that people will go also to it which may lead to an increase in demand and therefore spike in price.

I sincerely hope there is other way than internet to access cryptocurrency! I have heard strange idea on how cryptocurrency can be sent in case of internet shut down! e.g sending through micowaves signal etc War can affect communications and thats incliude internet!

I guess the bad effects on the entire economy of the world, and crypto will be effect much or less, but due to the benefits of crypto it will be less damaged than other currencies, because in war, everyone will want to keep their money safe from the government and everyone so the need to use crypto will increase, but no matter what war will only bring negative effects on the world so i won't hope it will happen.

If I am private, I do not know anything. I am also not living in the country there. And I also have doubts if crypto continues to work during the war. And if the war happens, it will adversely affect all aspects of life, war will make the eyes money is severely affected because the war will destroy all means of accessing the cryptocurrency.

bitcoin still has a dependency conversion through USD and other fiat currencies, if the war affect the real world economy it will affect crypto currency, many traders will not move actively and even disturb volume due to panic, but this only happens for big war because all market concentration will stop for an unspecified time.

If the war is local, then in the zone of military conflict and in the territories adjacent to it, the crypto currency will rise very much in value. If the war is global, and will seize many states, the destruction will be huge, then probably the crypto currency will not go around and will be forgotten. In any case, for the period of military operations and the restoration of the disrupted Internet. However, it is better not to experience it in practice.

I think crypto will be a safe haven for people in the event of a war, given that our access to internet isn't completely obliterated. If that's the case, you'd better hope to have a few gold bars in your safe!

Cryptocurrencies, in large part, must be redeemed for a fiat currency as the cryptocurrency trading infrastructure is still developing. In wartime, this becomes an even more critical issue as the internet is a critical means of communication, and cutting off communications is a war planner priority.

Since value in cryptocurrency is easy to carry around, probably demand will increase.

I think this is one of the major concerns of regulatory authorities, the anonymous funding of negative factions of society. And as such war can only affect crypto negatively.

If a war happens in a country which is a major market of cryptocurrency, I believe it will pump up the market.
People in war would try to reserve their asset, and cryptocurrency is a good option, better than gold.

We can't say that completely, there's still problem with crypto in times of wars, internet will be a problem since wars will also affect the
communications, most of the time the first thing in mind of those who are declaring wars are the communication facilities and for sure
they will trigger the internet, so possibility that instead of storing bitcoin most of the investors will favor gold assets as they can easily
convert it in any countries that they will go.

I think it would affect badly, because the market is still in early stage. Bitcoin is like gold but bitcoin is very speculative so I think it would lose value.

well, in General, it is difficult to influence the crypto currency, if this question implies growth, then the crypto currency needs good advertising or news that it will be used somewhere on any site or anywhere else. Or to the big players of the stock market have conspired and bought it:) But this is usually silent.

Talking about the war, it seems too complicated and horrible, Many things and terms or conditions may lead the war and may give bad influence on something. Every war will give negative impact, bad impacts. It is not only talking about one person but also everybody involves din the warn including the society. related to the crypto, I think it may influence. As this crypto is used by many people in the world. The war may affect the continuity or stability of the coins. But, it should not be too afraid or worried about the statement. I'm sure that everybody today has their better consideration of all things happen surrounding their life.

I think the war will take the encrypted currency to a new level, and the black market weapons can be traded easily without being tracked. Cryptocurrency makes it possible because it has the unique characteristics of anonymity. But it is easy for people to hoard recent assets rather than gold by encrypting money.

Although war would be good for cryptocurrency, I don't want to see war.

The emergence of the war will affect the exchange rate of the currency. At this time, people will choose gold or Bitcoin as a hedging investment.
I think bitcoin would be a better safe-haven asset than gold because Bitcoin is easier to store and trade.

For saving money and to investment your saved money buying bitcoin is better idea, because by this way one can make more money with his savings whiteout doing anything..Just buy and hold your bitcoin for some time and when the price grows you can sell your bitcoin. Especially during war you should not sell your bitcoin because your bitcoin wallet is the safest place for your money.

It can affect both the market, civilians, military and third party that are involved in the said war. Purchase of of weapons as others have already said was made easier to transact. The market will fall or even skyrocket due to investors decission most especially the hodlers to hold or sell huge amount of crypto as the affected countrymen has to convert their fiat into crypto for a safer funds and move to other safe countries. If it is a terrorist related war I think they might use crypto to purchase high powered weaponry, amunition and supplies with crypto.

Maybe they alread funding there resources before the war is started as far as i understand when the war is declare in the first thing they disabled is enternet to avoid communication in other country and second is there money when there is a war usualy there money was no value.

crypto currencies will be used in all areas of the world and will be recognized by everyone. the war will delay this situation and reduce the flow of money. I hope this situation never happens.

It could affect cryptocurrencies. Money goes to the safe space. Gold and emia prices will increase, cyripto or digital assets  prices will decrease.

the prices might as well increase.

If war hit my country our fiat money would be worth next to nothing. On the other hand if you can withdraw dollars or euros for your cryptos you're well off

War really do affects every nation of the world.hence, crypto  could be affected  in the advent  of war in some country. Especially  USA  and other important nation of the world because  if crypto  is been affected  by a nation, it might  be all affection all around  the world.

Every global conflict affects the economy of the whole world. Most likely, when a global war breaks  out again, cryptocurrencies will be the ones that would suffer the most damage, since technological progress is paused when war happens. This means that a lot of cryptocurrencies we use and loved now today might die out when a war breaks out globally. Or it may go otherwise, since cryptocurrencies are decentralized, they could be used for fast transactions and could be used as means to purchase weapons by both opposing sides.

I think that war can affect everything, including crypto. But mainly it depends where the war will take place, if it is in the crytp friendly country, in which a lot of mining farms are located of course it will have huge negative effect, in other cases the effect might be less harmful, in some cases it might also cause some positive effects also.

I can't see any connection between wars and crypto

I am believe that war happen in syria right now affecting on crytomarket. Many investor will wait and see. Every market or every investment instrument must be affected by war because there is no certain situation

Of course it will affect cryptocurrencies,most of the people will try ti hide their money into something that cant be destroyed by war,which means cryptocurrencies will be a good option if a massive war will happen,but lets hope that there will be no war because a lot of people will die,and you might be one of those people so lets hope,give love and peace to all.

Crpytocurrencies would be the best place to hide you wealth if a war would happen,most of the rich people will try to hide their wealth to gold which might be stolen or destroyed,which is why cryptocurrencies will be a good option if a modern war will happen because the internet will be shutdown if ever a war will happen and that means no cryptocurrency transactions at all,it cant be destroyed or stolen not unless you gave your private keys.

I think some willl use the to buuy weapon. Therefore, the price will be influenced.

I believe that when war exploded and the market assess risk crypto will surely fall because many investors get panic and probably sell their crypto investment to exchange into traditional money to keep it safe.

True, the market can be pumped and the price will skyrocket. This is quite a possible scenario. Only what will happen in case of communication problems. If there's no internet, trading in cryptocurrencies will be impossible.

There will only two things that might give cryptocurrencies trillions of dollars marketcap, one is war and another thing is financial crisis in the U.S,because most of the people will secure their wealth if these two things would happen,its either in gold or in cryptocurrencies which cryptocurrencies will be a better choice,that will trigger most of the investors to put their money into bitcoin,causing its price to fluctuate expotentially might be upto $250k per bitcoin.

military actions are only beneficial for the development of the crypto currency, since it allows the sellers of weapons to remain unattended, to make purchases and sales bypassing power and restrictions

Due to cryptocurrency in the losing hand, it is practically impossible to steal resources. Material values can easily go to invaders, with the crypto currency it will not work. It is a way to maintain their well-being even in difficult times.

Wars could heavily affect cryptocurrencies value. It may increase the demand for cryptocurrencies  therefore massively increasing the value or it could deplete the system as war hinders technological progress and economical progress over all. I think these two possibilities may come forth once a war breaks out and we will only find out what would happen once it commences.

If war happens, crypto will be like a bank, to safe money, which will turn to cryptocurrencies. I think that.

Crypto currencies are DECENTRALIZED so why should they be dependent on the situation in any country?
The only thing that could affect cryptos is the global conflict like World War III involving the population and infrastructure of the major market players like the USA, China, Europe, etc.
Personally I can see no prerequisites for such a scenario though there are several countries posessing nuclear weapons that could be a trigger for such a conflict.

I agree on you, their are some people are tend to happen doing such as negative. They over use bitcoin in not good way which is not applicable. The cryptocurrencies use in buying weapons that they will use in war that might a dirty game. They should analyze it well that cryptocurrencies must be in positive side so that no can may affected because a lot of people rely in it for consumptions in daily life.

It's amazing that they created a system that exists by itself and that no one can influence. No power can take money from the system. No one is forced to trust someone specific. It's enough that you trust the system. So I'm sure that nothing will affect bitcoin.

There are 2 back wised questions, I will add one more- How crypto can affect war? This question is more interesting, right? The one I have mentioned it is sort of black side of crypto currency. As we all know, cryptocurrency is uncontrolled money, with this tool we can even simply buy drugs or guns and almost all of the time no one will know about it. That is the main reason why politicians are against the crypto market.

it is likely the cloud is needed by some developers and companies to store data or assets are very secret, I think cloud like google drive and others just in mixed with cyptocurrency so that it can trigger price movement of cryptocurrency.

I think that buying weapons will become easier because people will not be in contact with money but on the other hand online they can be easier to track.

It depends if it is a World War or just a war in a specific country. If it is a large scale war there is a possibility that they will shut down Internet connection to prevent communication. If it is a one country, I think they could still use cryptocurrency to keep  their asset and if they can flew away from their country to avoid war.

War will only affect the place or country where it was held and if a war will happen then cryptocurrency will still be profitable since not every country wants to declare war so it will not affect the entire world.

Talking about the war, it seems too complicated and horrible, Many things and terms or conditions may lead the war and may give bad influence on something. Every war will give negative impact, bad impacts. It is not only talking about one person but also everybody involves din the warn including the society. related to the crypto, I think it may influence. As this crypto is used by many people in the world. The war may affect the continuity or stability of the coins not always positively, no one know.

Personnaly i dont like this question, it's sound like"how a war can be profitable for me ?"

 

I think the author of this thread is trying to ask question on what could be the likely effect of war on cryptocurrency, but some are answering in another direction, talking about how crypto can be useful during war. Now addressing the question, i think war can have adverse effect on lives and anything that can effect lives, will surely affect those things owned by those lives.
For instance, if life is lost during war, the person might have a wallet containing million dollars worth of coin and the private key might be known to him alone. If he did not reveal the private key to no one less due to an unexpected death, that is the end of the assets in such wallet.

It depends on the scale.
If something relatively big would break out, crypto would skyrocket as would gold.

War is associated with big uncertainty and destabilization of economies.

First time I meet such a question) It is very interesting. I think that the price will fall due to the greater popularity of conventional currency, as people will spend a lot of money for all needs.

I am continent that there will not be war in our world anyway, because the things are happening among governments are just games of 25-30 people who talk with each other. About what is going to be happened with crypto- it depends on where the war is and what countries are involved. 

As the entire digital currency development is dependent on technology as well the network functioning, even a small collapse in the internet connectivity over certain region easily affects the bitcoin movement. It can be of the transaction, or it can be of the mining or trading. When the trading volume gets affected, automatically the impact upon growth can be experienced.

Yes, because in the war there will be no electricity that works well, while transacting in the crypto we need electricity and also the internet, in the war we may not be able to get electricity to access our computers and even mobile phone, I also believe in internet network war may not be available. So it's clear, if the war happens we will have difficulty transacting using crypto.

When a war occurs, property owners who want to convert into a property can be used worldwide and it must be secure to ensure their identity is kept private, only crypto is guaranteed. This condition, so the crypto is the channel choice to secure the place for the war. You can see that whenever there is bitcoin in the world, there is a huge upside, which directly affects the cryptocurrency market.

I think it will behave like a hard asset like gold and silver. May increase in price across the board but be very volatile in the process.

Of course if there's a big problem with the economy war can really affect also the entire digital currency network. No circulation will happen to the exchanges and people will be hesitant of invedting their money to the trading site due to fears of no assurance. More crypto coins will certainly dump because investors will dump their assets caused by panic selling and the world economy crisis.

and before bitcoin what they were using ?
big terrorists dont need crypto to survive , they do trade weapons with oil like in syria . so crypto is just blamed blindly for these criminal acts .
i do agree with crypto their payment system will be more easier , but it will not affect that much . after regulation we can tackle it bcoz at a point someone will withdraw them in USD and will have to show source .

also query was how war will affect crypto .

War has a great impact on crypto because people won't be thinking about trading or doing campaigns during this time! I mean, your country is in chaos so instinctly you'll be more concerned with safekeeping your life! The economy will surely drop and almost everything will be on a halt. This includes cryptocurrencies. The community will be less active with pretty much everything because of this war. And so the crypto market will surely be affected.

during time of war fiat currency lose its value and if you are on side of victim nation which lost the war then fiat may be same crisis like zimbawe and other nations . however if you invested money in gold or silver then you are safe bcoz they don't lose their value . you can trade those assets with current value of fiat .
crypto is backed by demand and popularity so if popularity is not affected then having crypto is also safe option . but still i will say gold and silver are best investments in such conditions .

Before war happens there is a big preparation,so I believe it will affect the price of few cryptos specially bitcoin to become more expensive.  Because using cryptocurrency is the safest way to become free from any possible questions from the government that leads to possible leak and affect the plan.

If the war rages and gets bigger, maybe the value of the property or the stock will fall. The real sector will also be chaotic. That's when people will consider crypto to secure their assets.

I think if a war happens, there will be many new long-term investors. People will start hiding in bitcoin and monero. That's when maybe cryptocurrency is getting searched.

Maybe if the third world war starts, and bread is rarer than cars, then people no longer care about crypto, but I think people will not let that happen.

WW3 is not like WW2. People just sit and press the button. So I think crypto will still exist, the market all "go to the moon". The value of cryptocurrency may increase 500-1000%. But I don't think wallet, exchanges site will be available. It reminds me of the North Korean missile test. At that time, bitcoin prices increased dramatically because Koreans and Japanese bought a lot of bitcoins. That is the opportunity for us - true holders.  ;D

During the war, people will transfer money to cryptography, since cryptography is a good way to hide money!

It must be a world war in order to have an effect on crypto currency. And even then it would be hard to say if it is the cause, or it is just a normal volatility.
There is another controversial question that could be derived from the name of this thread - How would cryptos affect the war? It could lead to an interesting discussion among serious people.

logically easy to guess. because with the war, people tend to need money instead of investment. then they will withdraw their funds for the needs of the war. investment is the thinking number because salvation is the main thing

Don't think it might have a huge influence on cryptocurrency, the government won't use it anyway and the civilians may use it for saving their funds but I doubt they would do that. I think the war may have an lowering influence on cryptocurrency in the exact country cus people would think about other things than digital money

War, in any case - it's very bad, and very sorry for those people who perish from it. In a country where there can be war, crypto-currencies will not come first. Let's think about good.

I dont want a war but if there is a war i think crypto money will be valued higher because it is safe to keep your money in crypto. You cant carry your money or gold with you in safe but with brain wallet it is easy and safe.

War may make cryptocurrencies useless in countries where internet is cut-off. Also I think that this topic should be move to other section of this forum.

I think that the war will not affect the cryptocurrency in any way. War is when several politicians failed to agree. But cryptocurrency is beyond the scope of governments.

I would say that if we are in a war, it would not look like 70 years ago. Anyway, any war supports new technologies and that would be "great" for crypto (just like things can be great during a war). That is the first factor, the second one would be that people will not trust a currency managed by the government, so they would like to own a reliable currency. Anonymous cryptocurrencies would be used by the military sector and agents as transactions are rapid and unstoppable. So if we are in a war, technology+currency means crypto would be one of the most important factors that might even decide the result of the conflict.

So whats the answer to the OP?seems like you don't understand whats the topic here..

Its about What would be the effect of war in crypto,not the other way around..

Well ofcourse the first bad effect would be the power supply as we all know that we cant use cryptocurrency without electricity,the next is the transactions how could investors make trading when youre place is being bombarded by enemies,i think what we had to do is to pray that this war wont happen,forever

Thanks to the crypt, you can perform hidden transactions, buy weapons, and so on. No one can track down the owner of the purse and thus the price of the currency increases.

The war will allow safe havens to grow rapidly, and both gold and bitcoins will have a big increase.
That's what war does for bitcoin.

For sure war will affect cryptos seriously because people need to get cash in and out of crypto. War will halt the activities of the cryptos and it will cause a very bad bearish market because everyone is on the run for safety

Crypto will make war became greater. in terms of the economy certainly crypto will greatly assist in purchases weapons for war. It also became a concern of many countries and also the reason that makes them unable to receive crypto into their country.

Wars and treaties can not only affect cryptography. It affects money exchanges all over the world. While winning a strong side in battle, the strong side gains value for money.

If there is a war, the internet service is over. Without the internet we can't trade with crypto currencies.
I hope there will never be war and everyone will be happy.

War will increase the value of cryptocurrencies. Because cryptocurrencies are the safest. If the government falls, then your money in the bank may disappear.

If it is the financial turmoil caused by local wars, the cryptocurrency is bound to soar.

If it is a general war, it will be the third world war, which is dominated by nuclear weapons. Neither gold nor bitcoin worked at this time.

in the United States, the United States and France in the United States today made a military attack on Syria and bombarded some places in Damascus. We all know that war is closely related to gold. People need a safe haven, and the current encryption does not have the function of avoiding danger. I think the more function of bitcoin is financial.

It seems like there will be a strange situation when there is war. Perhaps many people do not care anymore about crypto because the internet network may be turned off. Or crypto demand increases because people will try to hide their assets.

I think that the price of all cryptocurrencies will fall greatly. There will be no interest in her at all. Only for the sale of weapons, ransom and other things. I don't think that's gonna happen!

What are you naive and far from these problems. Do you think that in case of a serious large-scale war someone will take care of the crypto currency? It just will not be necessary to anyone. If there is a large-scale war, clothes, products, tools, weapons, that is all that will allow people to survive, will be valued. The most valuable will then be barter. Even gold at that time will not in all cases be a commodity. Then certainly for a pizza you will give 10 000 bitcoins, and even more. You will always want to eat.

in the period of military operations there is a possibility that the crypto-currency market may develop even more, since all transactions, transfers take place anonymously through the crypto-currency market

Let's just hope there won't be war,  because if there is way,  cryptocurrency would be the last thing on anyone 'S mind!  Survival instincts would be more in control of people's actions!

Cryptocurrency will survive as long as the Internet exists. It may likely be the only functional global payment system.

My only doubts though are Crypto Mining and acceptability of Cryptocurrency. The big miners will most likely be affected. Wonder what will become of transaction processing if such miners don't mine then?
 And who will even accept Cryptocurrencies in times of acute food and water shortage?

war could render fiat useless, but not crypto. unless its world war that destroy the internet network.

ico will go to the moon, next year

If the war is over I believe Crypto will increase, can not be traded in cash and people will use Crypto as an alternative. Being able to trade online and quickly will solve the problems that arise during the war. It's going to grow crazy, and I believe this will happen if the war is open.

every bad things for real world economy could better affect for crypto. people are coward generally. when they getting afraid to loss their money they search for solutions. we are now crypto is a best solutions for this situations.

Then when the war comes, people will buy the most liquid asset that they will be able to exchange for food in case of emergency, as well as pasta with canned meat and salt, nobody will remember about bitcoin.

The cryptocurrency is very favorable to war. It is possible to carry out transactions, to sell weapon and to pay off with cryptocurrency. At the same time nobody learns purpose of payment from whom it was sent also to whom.

It seems to me that people generally don t understand what war is, they perceive this phenomenon as an economic leap. My friends, when the war comes, you will not have anything to eat and you will not have electricity, what kind of investments in cryptocurrency are you talking about?

The main thing is that there should never be a war again. And I do not think that this should affect only the cryptocurrency. This will affect the entire economy and we will expect a huge financial crisis, from which it will be very difficult to get out

I hope that this will not happen, but it seems to me that the purchase of weapons for cryptocurrencies will become the most common phenomenon and it is possible that the cost of cryptocurrencies will also increase significantly. I hope we never find out about this.

The impact is somewhat, but I feel that it is only a passive influence. War has existed since ancient times, and Homo sapiens are combative animals. For example, buying and selling munitions through cryptocurrency, or swapping assets for cryptocurrency to keep them, etc.

Unfortunately, I consider that crypto will win in that situation because there will be a lot of payments with the help of crypto thanks to illigal moves there.

Interesting question, never thought about it. I hope this situation does not happen. Otherwise, the influx of investors will decrease significantly, many altcoins will fall in price, and those cryptocurrencies that will be actively used as a means of payment, on the contrary, will grow in price. For example, bitcoin is very well suited for such purposes.

The current war cannot affect the cryptocurrency. The war between small countries cannot be affected. Only when a war occurs in the top ten countries of the economy will it affect the cryptocurrency.

I think crypto can be effectively used to save assets during war, trading of weapons also get more easier through  dark net with the use of Crypto as a means of undetectable payment option.

Don't think it might have a huge influence on cryptocurrency, the government won't use it anyway and the civilians may use it for saving their funds but I doubt they would do that. I think the war may have an lowering influence on cryptocurrency in the exact country cus people would think about other things than digital money

I’m not sure that a war or crisis in the whole world will be able to greatly influence the cryptocurrency. The demand will simply fall and it will temporarily freeze, it is possible. But what, someone will destroy it, I do not think.

I think that today such actions can kill everything that we have done over the past decades, because projects today are starting a new life, and today we are thinking about such actions, it's so sad, so let's just not think about the bad.

if there is a war, then the cryptocurrency market will grow rapidly. Take the second world where America strongly won financially in it. and crypto currency opens up many opportunities for states to sell weapons or something else on both sides.

Are you not aware that there are actually hundreds of wars and skirmishes going on right now? Just because you don't see them doesn't mean they don't happen. However I think that if war ever came to one of the elite level countries (major economies), then crytocurrency would boom in those countries due to the weakness the national currency would likely experience (unless they're winning the war of course).

everyone can buy weapon easier, fast, and safe. because transaction in crypto isnt transparent
so, they will use its advantages to buy weapon

Small wars probably wont make much difference. A world war would probably send all investments to shti, including crypto.

May we not see any war again, in any war humanity loosed  hugely. Having said that, if there's any war Cryptocurrency will help in merchandising of weapons in black markets.

Lol. Curious to see it that way dude. The way i see it, it could wipe out our means of accessing crypto, especially major wars that would be global. War isn't progressive, simple as that.

As I see everybody is talking in the topic only about negative effects of the war. What about civilians? For them crypto can be a way out to make some money or do purchases as long as they have Internet and tools to access their coins. Banks might not work anymore in the state of war. 

In war no one will care about cryptocurrency and also it might become useless as community networks would be broken and people wouldn't have access to their wallets.

War in developed country may increase interest to cryptocurrency investments, because crypto could not be confiscated by anyone. In addition, it could not be arrested by any bank or government, so it is great option for hiding money during any unpleasant occasion.

Countries that are in the state of war are more likely to implement cryptocurrencies. For example, for Iran or Nothern Korea implementation of cryptos is one of the best ways to avoid international financial sanctions.

Crypto helps to steal money during war or any other even, since there is no way to find out the owner of 100k of BTC. Moreover, when you will find the person, you will not be able to sue, because there is now law related to cryptocurrencies.

War will disable the power supply and internet connection.
War will destroy many place and kill many people.
If there will be no connection and power supply, cryptocurrency is impossible.
This is the big effect then.

well...i think it depends on what war and which countries. have you heard about informational wars? it is mostly connected with misleading information about anything. the same with crypto information

Like the common money. Financial support of war can be provided with cryptocurrency, just like it can be provided with fiat money.

It is good for me that cryptocurrency is not at the same level of mass adoption so that it can be said that a war can somehow influence it as for example it affects the dollar

einstein used to say:  "I do not know with which kind of weapons the third world war will be fought, but the fourth one will be fought with stones". therefore no electricity probably no crypto. that is a concern. don't you find?

There are a lot of ways that war could affect people and it could affect the amount of people that can actually invest in the coins at a time. After that coins could be used to launder money to be used in the sale and purchase of arms which could negatively affect the credibility of the coins. Also it might depend on which countries are involved in the war.

I see two possible situations. The first, that crypto will has a good benefit from this because a lot of manipulations with money will be done here. And the second, the majority of participants in crypto will not have an access to the crypto in that time and it means that we'll lose everything.

I do not want to talk about such things, because war is a very terrible thing that benefits only a small number of people, I do not think that it will be beneficial to many people, but this is another topic.

It depend on the place, where this war will take place. For example, during the full fledged war between US and China, cryptocurrency market will become useless, because it will end our world. In the same time, a lot of terrorists use crypto, but it could not be called war.

An interesting question, not long ago I thought about it, the question is which countries will take part in this? since the basis now for the crypt is America and Asia, these 2 centers,on which the further growth of the crypto-currency market will depend, but I think in any case,crypto-currencies will be introduced in the world every year

I have another point of view. Each war affects negatively on the life of the country or a nation. I do not think that people that think mostly how to survive will have much time to work with the cryptocurrencies.

What happens when there's a war?

Destruction of almost everything so the most affected area would be the battle field but to other place there's not much affection if a war exists. Crypto transactions will keep going on those areas that aren't affected.

Cryptocurrency helps in the war. With the help of electronic money, it is possible to acquire illegal weapons obtained from the sale of drugs. Of course, in the case of paper money, this is problematic, while with cryptocurrency it is greatly simplified.

I think the war would have some positive impact on the valuation of crypto currencies, as we all know that war is destructive and massive and the most important thing that the war would effect is economy of any country and as the central currency of any country get down then people and government of that country started searching for other option and then crypto will be the only option as it is the future currency and is much superior than all the currencies available in the market.

I think that if it is a world war, then the cryptocurrency will disappear. If it is a war between the two countries, the cryptocurrency will develop.

It can affect the cryptocurrencies in the same way that war can accept any other currency, it will make them ore inclined to be used as illegal forms of moving money and they can be used in the purchase of arms and mostly there would be some kind of crash in the coins because with war people are not going to be worried about buying cryptos but surviving

It all depends on what kind of war.If this is a civil war, then naturally the population will not have a rush to buy cryptocurrency.she is be used directly by those who are fighting.And in General, such a war will not affect the cryptocurrency rate too much.If we look at a world-wide war, then the cryptocurrency is likely to depreciate very much. I don’t think that there will be many who want to use it and moreover keep their money in cryptocurrency.

It is sad, but the industry will explode, because of the anonymous payments, it would be possible to finance the war. I do not want even to imagine such a situation and it would be awful for the whole world.

When people are fighting wars I'm pretty sure they are not going to be very concerned about the money on the internet but I guess the people who deal in arms and other things can use them to collect money for their merchandise without having to risk being hijacked so there is that but for the average joe, it'll just be focus on trying to survive

crypto is one of the way to launder money and to buy some black market stuff without being detected. so war could only increase crypto positions in the world. but i hope these two words won't be linked in future

Guys reasoning about the impact of cryptocurrency on the war must be considered from the point of view of the theory of relativity, you yourself know very well who. Considering the same war in Syria on a global scale, we will see a huge field of activity for the use of cryptocurrency in absolutely illegal purposes and with impunity, and this, to put it mildly, is not good. And looking through the eyes of people who live there and see the horror of the war, not seeing not only electricity but also elementary human needs, we can understand one simple truth - why should a person suffering in the desert have a bag of gold if he does not have a sip of water.

The impact of war on cryptocurrency is almost non-existent. The war between local areas or small countries cannot have a major impact on cryptocurrency, but if the Third World War arrives, the currency other than Bitcoin will depreciate significantly. .

This is a rather extensive question. It depends on what kind of war is global or local. In a local war, it almost does not affect. If global war, people will not care about bitcoin.

It is difficult to say what is about this thread. If we are talking about local conflicts then I think it doesn't have any significant negative impact on crypto. But crypto can be used for money transaction for illegal armed forces.

It will affect everything else, it will obviously have a negative impact, because war leads to depression and economic decline, respectively, no investment in cryptocurrency is expected during this period and, accordingly, there will be no growth.

I don't believe it affect crypto, crypto is meant to be be traded which means buy and sell them, so war affecting it can only be if the whole world is at war. Crypto only affect war positively, because it serve as source of funds for weapons black markets things, buying illegally.