Bitcoin Forum

I got into bitcoin because I believe that the monetary system is guaranteed to end in hyperinflation.
Bitcoin is honest money, if governments allow it to be that. It is not a hedge against hyperinflation, but it is a more honest substitute for the current monetary system.

While bitcoin is not a hedge against inflation, gold is. The goldprice has a long history of soaring when the monetary system fails.
I have never seen the goldprice crash in times of war, but correct me if I am wrong. During WWII, the gold price doubled.

If the scenario for the coming months and years is that we are heading into WWIII, and I truly believe that we will, what is your investment strategy for crypto? In times of heavy monetary inflation/ war threats I expected the BTC price to soar, just like gold soars. In reality what we have seen is that BTC crashes hard and precious metals soar.

I think I should sell my assets prior to a major war, and buy in after the crash

Gold doubled after the end of the World War due to banks relying on it, but in our present time, even if 6% of inflation is normal, when a war occurs, this percentage will rise to 30%.
A devastating war will not occur due to the presence of nuclear weapons, which may mean the end of life. Armed conflicts will continue until countries fail and collapse internally, which means that paper money will decrease in value.
Your investment in gold and Bitcoin will be smart because, at the very least, your assets will maintain their value.

In a WWIII scenario neither on of them will matter. You gotta have lots of clean water (preferably a well), dry food, shelter, bullets, 4x4, bunker, fuel, gas mask... and all these should be way away from the city center otherwise the mob will take it away from you. If you think you are John Wick and can kill them all, I can't argue with you however I know that we won't be having any functioning financial markets. Everything will go down very fast the moment the first nuke leaves its silo.

Bitcoin? Don't make me laugh.

In theory, bitcoin can also be considered an effective hedge against inflation and is even better than gold. But unfortunately, bitcoin has not yet reached that stage, and what bitcoin is achieving is just a highly volatile investment. So it's quite normal for it to be dumped every time the world has a black swan, you don't need to be too surprised about that. But you need to know one thing that it is very volatile, bitcoin can be dumped but will also recover quickly, even increase sharply.

And I don't believe WW3 will happen, the war between Iran and Israel is a farce because it seems like it's over.

Why do you think it isn't?
Bitcoin has proven to have a very independent market that is not affected by anything except the economy itself and only on a global level. For example it won't matter if the local economy in one or two countries is booming or crashing it won't affect bitcoin but if the global economy is affected in the same way then it will affect bitcoin.
That effect is always that with inflation price goes up and with recession it comes down. In other words bitcoin is a hedge against inflation or hyperinflation but it is not a hedge against recession.

Read this again and you should realize not to compare such an old asset like gold that has been around for centuries and have been treated as something valuable with bitcoin that is only a toddler in comparison.

It depends on how you define WW3. Technically we're fighting WW5 now (3rd one was the cold war between US and USSR). In some definitions (eg. nuclear extinction) you should invest in potatoes because food would be the currency of the world assuming you're one of the survivors...

We haven't had any major global wars with major global inflation to test this. We've only had major localized conflicts and major global recession where the later caused crashes (the COVID recession and the start of Russian invasion of Ukraine).

You mean Bitcoin is accepted as a legal tender? it didn't help.


El Salvador was been accept Bitcoin as legal tender since 2021, but until now there's no big adoption even Bitcoin already reach 3x times higher since 2022. You can expect a similar thing if Bitcoin has been accepted on other countries, they might ignore Bitcoin too.

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If that so,

Congratulations, it means you sell low, and you buy high.

The price of Bitcoin is not supposed to be affected by war because it's borderless.
The sharp decline is a result of individuals selling believing it would be affected due to Bitcoin relative young age to Gold
This same happened during the Ukraine Russian war and even amid the conflict we saw a sharp recovery.
To me it's just a correction that's really needed so we can start hitting the $100K barrier.
Selling your coin is a choice but thinking if buying after not might but would be too late
Note never chase a perfect entry.
Gold is a good option during the war but what about after and by how much do you think it would rise.
Recall Gold isn't as volatile as Bitcoin and you shouldn't be expecting life shaking profit.

Bat out

Inflation is a constant companion of the modern monetary and financial system, built into the “program” from the very beginning. Consider it a built-in side effect.

Money is a means of exchanging goods and services. Evaluating from this position, bitcoin can't be called money, because for the most part it is used for investment purposes, and not for paying for goods and services. If money doesn't fulfill its function (a means of payment), then how can it be called money?

What is the honesty of bitcoin? What do you understand by this term?

But what if we look at it from a different angle? Maybe it was just money that depreciated by 2 times during that period, and not gold that doubled in price?

Anyone here knows that there can only be one investment strategy in bitcoin - just hodl.

What if everything develops according to a different scenario and after the war the price goes up? Then you will be in the red.

It is more prudent to sell only half now and if the price of crypto goes up, sell the second half of your savings, if not, then buy more with the proceeds from the sale now.

Because if it was, bitcoin's price would go up when the money supply increases.
Gold does that, but bitcoin does not.

In my opinion bitcoin is a worthy substitute for a corrupted system. But it can only be that if enough people allow it to be that substitute.

Some people talk about ww3 like it's something to look forward to, and they make financial predictions about post ww3, but they fail to realize that if it happens, their money in the bank and their crypto wallet will be the least of their worries. Like Pooya87, rightly noted, a bag of potatoes that is stored in a secured location and may I also add clean water will become more valuable than all your financial assets. The OP sounded positive about ww3 happening, I'll let him know that if it happens WW1 and WW2 will be nothing near it's devastation, technological advancements have made it possible for warfares to annihilate almost all living things, the few people that'll remain will turn to savages that'll be fighting over food to survive, not billions in the bank or Blockchain, so be careful what you wish for

My true assessment is that, since Bitcoin moved in multiples over the past few years, people believe that it is what could be compared exactly with Gold and will always perform well without any challenges. But I see it differently. Bitcoin is still finding its path to survive the test of time even though everything seems perfect, but Gold is way old and has done so well and been used for virtually anything you can think of as an asset and it survived. It is a safe-haven asset which is why it was able to overcome all odds and hurdles, especially during the time of war. For the fact that Gold is one of the common commodities that has not failed people, people/investors prefer to keep their money in it, and not fiat currencies that the war may affect hugely depending on the devastation meted on the country spending the currency during the war. After the war, the currency could have devalued so much.

But with Gold that has no certain government/country control/dependence, it remains the same, and could even be reviewed higher in price since more capital would be injected into it. If the world war happens again, we may see Gold reaching the moon indeed, especially as the population of the world is higher now, and so will the value of its liquidity and price. Well, I would have said a little same for Bitcoin but I can't because it is still young, and most importantly, it is not a safe-haven asset. It is a risk-on asset just like other major fiat currencies. It also has the limitation of internet dependency, which makes Gold even more unique during war. Because, if the war is bitting and the internet ceases, Gold can still be used to make transactions, which makes it more valuable at that time.

When I first read your statement I first believed you were someone who understood the concept of Bitcoin when said it's the best alternative to the current monetary system, but I was surprised when you saw it as an asset that's not hedged against inflation when its performance during the worldwide total lockdown that was caused by the Covid-19.
If you make the statement due to the market performance after the Iran attack it means you don't understand the things that always influence the crypto market and gold price(Mind you, some governments/organizations always make a profit when attacks like Iran happen).

Believe it or not, it's a political strategy.


War issues always lead to panic sales in the crypto market while 98.9% of it always leads to a soar in the price of the Gold market but that doesn't mean BTC is not a hedge fund against inflation.

Why is Bitcoin not a hedge because several studies say that Bitcoin is the best hedge than gold. This does not mean that gold is not a good asset for hedging because finding who is the best hedge between Bitcoin and gold depends on each individual's view.

Traditional investors might choose gold as an investment asset because the price is more stable. For smart investors who have a more modern outlook, Bitcoin is a good asset to invest in as an asset that preserves value from a damaged economic system and the price increase can be greater than gold.
I can't find any more articles that cover at length who is the best hedge for me to link here.

If you really think that soon we'll start WWIII then I wouldn't care too much about your crypto investments because it'll be a miracle if you're still alive. I'm not sure you actually understand what WWIII means otherwise you would't be here asking about crypto strategies rather than survival strategies. The would would be completely destroyed, at that point it would be all about survival: money, gold, cryptos, all useless.

https://onlygold.com/gold-prices/historical-gold-prices/

1939  $35.00
1945  $37.25

I didn't now it before and I'm a bit surprised but gold didn't moved at all during ww2, I knew it started being a thing in 1972 but the before data surprised me.

Where have you seen that "In reality what we have seen is that BTC crashes hard" correct me if I'm wrong but Bitcoin has never experienced any world war up to now. So I don't understand how you can say that. Nobody can predict how it will react actually. Unlike fiat money Bitcoin only needs internet and few miners in order to run, while banks can't work by their own. And even if some miners are bombed it will continue to be fully available thanks to its decentralized features unlike banks. In addition countries could buy weapons and ammunitions more discreetly by using cryptocurrencies. 

Let's compare it to the situations Ukrainians found themselves in.
They needed to flee the country, but there was a chance border guards would steal their money if they found them carrying a lot. The same would happen if they were found carrying a bag of gold.
If they happened to enter the EU, they wouldn't be able to fly anywhere because you cannot carry a lot of cash and valuables like gold, jewelry, including watches, and cash. AFAIK the legal limit is somewhere around 20k EUR. So, in a situation where you have to migrate with a lot of money, bitcoin is the obvious choice.

I'm in decent profit at this point.
But not one altcoin has kept its BTC pair.

When BTC corrects 5%, altcoins correct at least 15%.
When BTC rises, altcoins barely beat the BTC price rise. And if they do, they correct shortly after.

If WWIII really breaks out (BTC correction of 20% or much more), I believe that most altcoins will just disappear.
For now I'm only getting into BTC and XRP (small percentage). Some other altcoins are 1% of my portfolio or less.
I was into ADA and Matic for 5% but that was a mistake. Both have disappointed greatly.
With the current global situation being the way it is, I'm only going to buy altcoins after the next bloodbath

There was a flash crash simply because of Iran launching an attack on Israel.
I don't think it's wrong to assume that when this escalates, BTC's response will be an exaggeration of what happened yesterday.

While there is a lot of truth to this, I'd like to make a few points:

- I think the consequences of war greatly depend on the location of the person. I'm personally located in Belgium. I believe that NATO will end up backing the USA in another war, orchestrated by Israel against Iran and its allies. It's hard for me to guess how we will be affected. I'm thinking rampant inflation. I can't imagine there would be loads of violence in my own country. If we somehow would get attacked by Iran, the target would likely be the capital which is a 3 hour drive from where I live. This is where the NATO headquarters are located, so it makes sense. The only scenario in which I think all of us can be affected, is a nuclear strike on the capital with miles of devastation around it. I don't know if we have the capacity to intercept nuclear strikes the way the USA and Israel do.

- Regarding the bag of potatoes. I live in a large family house at the countryside. I think this location is much more preferable than a city in a case like this. The house has a huge garden (about half the size of a soccer field) which allows me to grow my own food. I am personally looking forward to this regardless of any war. The house also has 5 rooms, allowing us to take friends and even refugees if we want to. It is likely that we will.

- About water I am not sure. My main concern is default on mortgage downpayments due to rampant inflation in WWIII. I think this is how the World Economic Forum will establish their famous quote "By 2030 you will own nothing". They know that the monetary system will inevitably crash. I believe they will either blame it on a cyber attack, or on all out war.

Surely the end of life on earth as we know it is possible because of nuclear strikes. But I personally believe it will happen because of AI outsmarting the human race and killing all of us, within the next 20-30 years. AI will take over most jobs. We don't need 16 billion people on the planet.

My opinion is this.

If a War is coming, FUCK BITCOIN AND GOLD.  Fuck any thing that is only a material.  Make sure you SURVIVE.

During a War, the 'Richest' will be those who have what to eat, drink and a shelter.  If you have a bag of Gold, what do you do with it?  Nothing.  Because if you need something to eat, you will have three options.  Find some body with enough food who is willing to sell part of it and buy it using the Gold you have.  Or barter using something else for the food.  But at that point nothing will be worth much any more, it is World War after all, survival matters most.  Or the immoral option, kill for food and theft.  You probably and hopefully choose the first option among the three.

Well.  In that case.  Do you want to be the guy who has to buy with Gold or the guy who can SELL for Gold?

Growing food in your garden is not as simple as purchasing Seeds.  What do you do if you grow something and weeks later you realize a pest has destroyed over half of the plants.  What do you do if you have animals and they get a disease.  Who is the vet?  Where do you buy medicine or how do you treat the plants?

If you want to be ready for a World War then you will need MUCH more money invested in preparing yourself for it than you imagine.  Because one thing goes wrong and the whole plan is destroyed.

For example.  You can have pretty much EVERY THING needed ready.  You can have even a damn Vet ready and an entire shop with supplies in case plants do bad.  A supermarket too.

But what if a bomb hits your home.  What if an invasion happens.  What do you do.  Where do you go and how do you survive.

The actual question I have to ask is.  Do you really think you have every thing on the list ready so you can worry about Gold and Bitcoin?  Do you really think this should be the priority right now?  If so, then I say Gold.  Who the fuck will care about Bitcoin in case of a War, realistically speaking.  There will likely be no Internet in a lot of the World anyway.  Even if there would be Internet, who would have a Bitcoin Wallet in a War unless Bitcoin somehow magically becomes a Currency used world wide for barter?

Most countries strive for 2% inflation per year, and salaries are supposed to rise to the same extent. Groceries at my local supermarket have gotten 30% more expensive in 2 years. Real estate and gas also surged. But our salaries did not.


I can pay my jeweler directly in bitcoin and other crypto assets.
If he gives me gold for BTC, or any other precious metal, I can convert that back to cash. Making bitcoin money.

The essential part of your quote is "for the most part". Because for the part that it isn't, that's what matters. I think that for BTC to be allowed as money, it will have to happen very slowly at first and then suddenly.


The fact that governments can not make more of it, causing you to lose purchasing power.


Many people say money to currency. Currencies depreciate. Dollars and euros are currencies, but not money.
It's actually pretty hard to accurately define what money is. Aristotle did this. He described money as divisible, durable, portable, and a store of value. Currencies are not stores of value. All of them have failed. Gold never failed because you can't make more of it. Neither can anyone make more bitcoin. But for it to keep value, I think it has to be better accepted as a means of payment.


Can you tell me why bitcoin is better than XRP? To me, what matters most is that there is a fixed supply.
The amount of XRP tokens is also capped.

The richest in WWII, were the farmers for the reasons you mentioned. My grandfather told me that.
The reason why I got some BTC is not because I want to be a millionaire. It is because I want to protect my savings against inevitable devaluation by central bankers. Euros won't buy me much and when banks fail there is a chance I will not even have access to my own savings.

Farmers in Europe are currently under attack via government regulations from the EU. They are being suffocated by regulations and it seems to me that the EU wants farmers to give up their jobs, so large international companies develop a monopoly.

Imagine WWIII breaking out and there are no farmers. This would be a complete disaster.

Centralization versus Decentralization discussions aside, Bitcoin has been the first out there, is the most widely used and in case of a World War if there is one Cryptocurrency people will continue to trust, it will NOT be one that is well known for being Centralized.

Bitcoin will never cease to exist.  Even during a War, it will continue to exist as long as there are people to run a Node and Mine a Block, which there will be.

I agree entirely with your points of view.  Farmers will do increasingly worse in the following years and I really wonder how the world will look like soon because they are definitely a target.  2030 will be a shitty beginning of an era I realize, and I think every body else slowly does too.

In the case you mentioned.  I do not know if Bitcoin is a better choice than Gold against devaluation.  Not because of the devaluation itself, because Bitcoin has done wonders against inflation so far.  But because of the War.

When the Pandemic has started, Bitcoin has dropped significantly while Gold did the opposite.  This tells me the instinct of the people is still telling them to choose Gold over Bitcoin.  Then the world started realizing there are options to solve the Pandemic situation, and slowly Bitcoin recovered to then show off an All Time High.  I think the same thing happened back when the Ukraine war started too, but I do not remember to be honest with you.

Does this mean Bitcoin would show off an All Time High later on during a Global War too?  I do not know.  This is why it is still way too early to know whether Bitcoin is a good choice in such a dire situation.  So what I would do personally is purchase assets KNOWN to do very well during a War, such as Gold, and invest in Bitcoin only amounts that would not change my life for the worse if lost.  If Bitcoin continues to do All Time Highs during a World War like it did so far, it would probably do such an amazing job Gold would be outclassed.

Why do you think Gold may NOT cover the significant devaluation this time if historically it has done wonders in the past?

I think that it may not be correct to say that bitcoin does not help hedge against the “cost” of inflation. It may actually do just that, and has for some time. Now is it as reliable a hedge as gold? Absolutely not.

I think bitcoin would fall in price like most things if there were to be a WW3. But it just depends on how bad things get overall. Let’s hope we never find this out.

In a catastrophic event such as a third world war, uncensored communication tools and sending money through uncensored media will be essential, if the world really heads towards a third world war, the price of bitcoin will explode to infinity. .. Everyone will want your assets to be safe in the clouds.

In all cases, with or without war, there is nothing to fear.

WWIII will imply at minimum the use of nuclear weapons, so if you are as convinced as you claim this is the scenario we will encounter during the next years, then you better prepare by creating your own personal arc in which you can live isolated from the world for at least a few years until things settle down, personally I do not believe this will happen, and with this in mind I have no problem with holding my bitcoin for as long as I can.

Why not just say that both of them are a good hedge against inflation? You're looking at the long history of gold but why not recognize the short history of Bitcoin from how much it has started up to the present?

Bitcoin and a few alts.

Well, I'll make it simple, you cannot carry that heavy load of precious metals when war starts. But with Bitcoin, you can have it with your paper wallet or seed phrase to run wherever you go when every building collapses.

That might do so that you've got liquid cash.

I also don't believe there will be ww3, I also try to find out the news surrounding the war that many people fear and don't see anything serious about it.

What I'm doing is I'm still aiming for the new ATH that bitcoin will reach this month and next month. I don't care about the news about that war and I just know that those who are scared and sell their bitcoins are the losers. In a bull market there will be strong shakes from the market makers and who sold bitcoin in the past 2 days, my condolences as they will soon buy back bitcoin at a higher price.
Black swans sometimes happen unexpectedly and are unpredictable, but not all news has a negative impact on the market.

As the earlier reply explained, gold became a thing when banks started increasing their reserve fund through gold holdings. 

I also think that during the world war III these two form of money will be useless since people would rather have food and clean water on their table to survive.  Gold and Bitcoin transaction might get hindered due to the possibility of internet shutdown for Bitcoin and people would rather have their things exchanged for food than gold.  Or the people will exchange their gold for food to avoid dying from hunger.

In a chaos world people will try to survive first and prioritize basic needs for survival than think of accumulating gold or Bitcoin.

Assuming both monetary system is unhindered, Bitcoin and Gold have their own advantage and disadvantage and the benefits gain from it will be situational since one system covers the tangible part while the other one covers the intangible or digital transaction part.  It is said that gold may have an advantage for short-term needs since one can transact with gold by handing over the gold for payment in face to face trade while Bitcoin can be more indispensable in the long run due to its portability if the infrastructure needed to run the bitcoin system is still in operation.

If you're prepared, you have nothing to fear but with all of the incidents that are happening there's always a domino effect with it. When the start of Russia and Ukraine has started, the price of oil has increased. Now with Iran and Israel, I'm expecting the same thing. And for someone who has been holding a lot of gold, the only worry is if that person or his vault is located near to the warzone but if it not then there's nothing to worry about.

And as for a Bitcoin holder, there's also nothing to worry about as we're not going to have any problem about how we safekeep our holdings because if you're holding it on a noncustodial wallet, you have your seed phrase. But I also get the idea of keeping it on an exchange but you might have problem based on your citizenship as there could be some bias from that exchange whichever they are supporting and they might lock your funds.

But why would you think of storing bitcoins on centralized exchanges when you can store them in non-custodial wallets? I don't understand and that means you're setting yourself up for trouble that you can't foresee. Do you remember when the war between Russia and Ukraine took place, Binance and several exchanges banned Russian users from using their platforms?

It is not a wise decision if you are a citizen of two countries at war, and storing bitcoins on centralized exchanges is not a good idea even if you are an investor normal because of CEX's unpredictable risks.

It depends on what country you are currently residing in because some of the countries will no longer be here with us once WWIII breaks out and most people will also not want to have luxury anymore rather they just want to survive and look for a way out of that disastrous event. Bitcoins will no longer be worth it because no one wants them anymore and so as gold. After all, what matters to them at that time is survivability and they are mostly looking for food and medical kits to survive and also some spacious hideouts that can shield them from the further negative effects of the war which is scarier than the war itself.

Bitcoin isn't susceptible to hyperinflation, but I'd make two notes here. First, being safe from hyperinflation as a currency is very different from ending hyperinflation. Second, Bitcoin can still lose a lot of value, so in effect be similar to a fiat suffering from hyperinflation (at least, temporarily).
In the case of WWIII, I think a lot depends on how things actually go. If it's a war the USA manages to largely avoid, the USD can become even more trusted and valuable (at least, against other fiat currencies). Gold and other non-renewable resources can experience growth in value. If the Internet remains largely available, Bitcoin can rise as well. But if it becomes a kind of war that basically destroys the current global human civilization, none of those things will matter and something different will become a de facto currency (plus barter is likely to be very common).

It's pretty weird to think about investing during a world war (if one were to happen). If you are a healthy male under 60-70, you might be fighting in that war on one side or the other. Many countries have nuclear weapons, and if those start flying above our heads, bitcoin, fiat, and gold will be the least of our worries. If you aren't lying dead in a ditch somewhere, you will be paying an arm and a leg for clean water and some food that isn't poisonous.

Then you need to zoom out. Bitcoin is too volatile to analyze over the short term but long term will give you a better outlook. After all bitcoin is worth $65000 to $70000 and this price is reached in only 15 years.

The effect would be a combination of inflation and shortage.
If the idiots in Washington start a war with Iran, that would be a massive scale war in at least 5 continents, 2 of which are the most energy/resource rich regions that would also affect or completely shut down all international trade routes specifically in the sea (ie. Strait of Hurmuz, Red Sea/Suez Canal, Strait of Gibraltar, and of course the Panama Canal).

Apart from the trade routes shutting down (ie. no more imports) the source of about 40-50% of global energy would be wiped out (eg. Saudi Arabia, Qatar+Bahrain+UAE) in a matter of days since they house US military bases.
The consequences of this won't matter on where you live because it would skyrocket the price of oil (eg. to $1000 a barrel) and that would affect price of everything like groceries.

BTW I seriously doubt NATO (EU members) would back US on such a war. They are neither ready nor capable. As an example read the recent French Captain Henry interview in Le Figaro newspaper. Although he is playing down the situation he explains how they're not ready to face even a small adversary like the poorest Arab country Yemen. They're too far behind in technology, like using 76mm Super Rapid deck gun, aka a 40 year old tech against sophisticated attacks.
The rest of them are even worse!
German Navy decided to join in US adventures a while back. All they managed to do was to shoot down a US aircraft, then set themselves on fire and had to go back home to repair the damage!
Then the British Royal Navy came to help US with their HMS Diamond and after being attacked and incapacitated they too had to run back home.
And that's while I wouldn't even categorize what's going on in the Red Sea as "war"!

I really don't pray for any wwIII or any war for that matter because it isn't pleasant. Only when there's peace that wealth can grow.
Incase there was a war, I doubt the internet or Blockchain would work properly because of maybe nuclear strikes or military take over of power stations and Internet communication stations.
Gold has always been very valuable when war comes, if you look at history and how the U.S survive some of its long civil wars.

From your statement if the gold doubled in the previous world War, because banks were relying on it, it means that if their happen to be another World War the banks could turn to gold again or rather Bitcoin cause i see Bitcoin as a digital gold and it's blockchain makes it easier and faster for carrying out transactions. I think the banks would really need such technology to bounce back faster the outcome of the war. However we do not pray for a devastating war to occur again, despite the recent threat by different war heads and based on the ballistic weapons and nukes I don't think much people would survive on earth it would definitely be the end of the world mate. You are right, anyone who invest in Gold or Bitcoin currently would be making a very good decision they will not regret.

I don't see any advantage of holding gold at this point. Bitcoin has proven to be a quality asset that people and even states gravitate towards, so the chances of it being banned worldwide are very small.
Isn't that what people were mostly afraid of, that they won't let it exist because it goes against centralization and gives people too much freedom and anonymity?

So, why would I want to hold physical gold?
Hard to store
Hard to check its purity, unless you buy from a well known supplier and trust the engravings.
Hard to hide in case of a burglary or search
Hard to carry around (heavy)
Difficult to divide, so pretty much useless as currency in a SHTF scenario.
If you manage to divide it, you'll destroy the engraving, which means the whole bar will lose some of its value.

Bitcoin is reliant of the Internet and electricity, and during war you might not have access to them. Gold is obviously more reliable in that regard. Also gold would most likely maintain and increase its value, based on past examples, while Bitcoin is most likely to fall, because you can see how Bitcoin tends to react negatively to news that negatively impact global economy.


Bitcoin is most definitely a hedge against hyperinflation, it will outperform a freefalling currency, it's just not a hedge against low to moderate inflation.

If I remember correctly, in the European Union you can travel with up to 10k euro without declaring the money; if you have more than 10k euro with you, you can still travel but you are require to declare the money, if you don't and they discover you, the money will probably be confiscated until when your position is clarified. I think in the USA is pretty much the same but instead of 10k euro is $10k. But as I previously said, we're talking about declaring the money, not as a maximum limit you are allowed to bring with you.

The thing is, a WW3 scenario would bring out desperation and physical assets would likely be overlooked. Aside from Ukraine, try to look back at the wealthy jews during WW2. Not many of them survived as well. Money didn't get them salvation. In case of a nuke warefare, both fiat, gold, and crypto would be less important where you can't exchange them for more essential things. Everyone loses. But fiat and gold did get through two world wars and though it's going to be a lot worse, these assets will also survive a third one. Crypto, which isn't really a physical aspect may or may not.

Bitcoin is honest money. And that's whether governments allow it or not. Bitcoin is ruled by codes. It isn't ruled by people, by governments. The honesty of Bitcoin comes from this. Bitcoin does not have ulterior motives, selfish interests, etc. It can't hide anything like that in its code because it is open source. It's transparent. Unlike Bitcoin, governments are always run by motives which are beyond the knowledge of the public.

I think it is a hedge against hyperinflation mainly because it doesn't have an infinite supply. Unlike fiat that is unlimited, Bitcoin cannot go beyond the maximum supply allowed by the codes.

I hope world war 3 isn't coming. But if it comes, fiat will weaken. So I expect Bitcoin to soar.

Indeed, when there was investor interest in switching to safer assets like gold, this was due to the general view of having political stability, strong economics because we both know digital currencies are generally always related to the internet and during wars these facilities are always targeted so that it certainly affects crypto trading more or less and certainly the regulations applied are very strict to crypto.

For BTC, it is not a person who is able to correctly ascertain where the real-time price movement is going whether during the WWIII or not and the event may be beyond people's expectations during the war and it could be that when the price of gold rises high, the price of BTC can also rise higher than the price of gold.

It would be too lame to compare the ongoing war in Ukraine with World War 3 if it really happened.

Yes, if World War 3 happens then everyone will lose, no matter how much bitcoin or gold you own, but if you can't exchange it for food or safety then you will also lose. To be fair, gold and fiat currencies have existed and survived the previous two world wars so it can be said that they will continue to be an option if a third world war occurs. As for bitcoin, it has never experienced anything like this so whether it is useful or continues to exist is a question mark. None of us know in advance what will happen, don't try to guess and exaggerate too much.

In WW2 they weren't overlooked. Do you remember what Hitler was doing in occupied countries? There even was a special division of the military that was supposed to gather art, gold and jewels from all around the world and bring it to Germany. Recently it was mentioned in a very well made series All the Light We Cannot See. The jewel the Germans were looking for in France never existed, but the way they searched through museums and packed everything on trains was.

The thing is, some of you think of a nuclear war when someone asks you about WW3, but it doesn't have to be a nuclear conflict. In a nuclear war we'll probably face extinction, but in a conventional one you can expect normal trading to continue. You will still have Internet access, be able to watch the news on TV, just like people in WW2 had newspapers and radios. The media kept functioning throughout the war.

I am just telling that I get the idea of it and understand those that are keeping it there for some reasons. But as I've said, it's not recommended at all. I haven't been into any war and I am fortunate with that but you don't know what really happens when it comes and all of your stuff are destroyed including your hardware wallets, your seed phrases and back ups but of course you've got to pack and wrap them up as the war startles. You'll never know and that's I am getting the idea when people tell that they might just put it there but for me, I'd always secure it on my hands and about the verification of the nationalities, I remember it when the war has happened and as you've mentioned Binance, they've airdropped to Ukrainian users.

Gold’s value is dependent on its supply and the ability of miners to extract it. Imagine there is a war, of course no one can work and mine gold which will result in higher prices.

We all knew that bitcoin is a volatile investment because it is decentralized and there is no one allowed to tweak the prices as they want if things don’t work the way they want to.

While some take risks in possible scenarios, others prefer investments that they consider to be guaranteed. In both cases, investors act of their own free will. In such situations, there are those who choose between gold and Bitcoin, and there are those who invest in both.

In a possible war, as you said, precious metals may be the first choice for investment, but Bitcoin's high return chance may cause people to turn to Bitcoin for investment.

It is known that Bitcoin has a place in the world market. Therefore, it will always exist as an investment tool. I am generally against comparing gold and Bitcoin, both are good investment instruments.

When war really escalates, gold will be extremely hard to get by. Bitcoin will not be.
I hope this will be a catalyst for the BTC price.

Same thing for the launch of central bank digital currencies. When people learn that a government can shut down their access to money, tax the hell out of it, people will run to alternatives like bitcoin.

Bitcoin hasn't attained the level of gold when it comes to global economy in the case of time present in the global market. People still invest in gold more, bitcoin is evolving the sysytem now, some old folks still don't believe in bitcoin investment, well as government entities liquidating there resources to Gold during major wars.

Bitcoin is still in a progressive stage, and for me i will go for both. Making decisions will be based on each individual perception as both gold and Bitcoin have proven to be better investment option.

Indeed, gold has a long history in human civilization and is a hedge, but make no mistake, bitcoin is now also the best hedge after gold. So it is very wrong to say that bitcoin is not a hedging tool when there is war or when there is inflation. In a decade, bitcoin has proven that it is the best hedge.

Apart from that, bitcoin is better than gold because during a world war carrying gold will be a problem because of its weight and so on. This is different from bitcoin. We only need to carry a digital wallet that can be carried easily and protected. Even if there is a world war that causes the internet and electricity to go out, after the war occurs and everything can return to normal it can be accessed again because the store of value will always remain on the blockchain until it is transferred because the Bitcoin blockchain ledger cannot be removed from the internet.

Now people will be interested in staking the resources for survival not really the assets so if we ever be in WW3 the prices of food products will soar to high than ever before and people will be ready to sell anything they have to avoid being starved. Bitcoin is good choice irrespective of war threats so you can even gain value if we live in absolute peace.

In hypothetical WWIII scenario most of the things we think are valuable today could become worthless, especially in case if there is no standard flow of electricity and internet connection.
Gold would probably still have better value in the beginning, but price of food and essentials would skyrocket.
We can't compare today situation with WWII and earlier wars because there was no internet and no bitcoin.

I don't think we can somehow compare what happened in WWII with what could happen in a hypothetical WWIII because we live in a completely different world now: if today a country launches a nuclear attack then there is a high probability that we are going to have a chain reaction from the allies of the countries involved, and this would turn into a way bigger world war. At that point gold, cash, crypto, everything would be useless, the only thing that will matter is finding a way to survive.

From a physical point of view, if you have gold worth 1 bitcoin, how much luggage you have to prepare, it doesn't matter if it's in normal conditions, but imagine when there is a war, of course a mobile phone is the only device that is easy to carry besides a few pieces of clothing in times of emergency. I agree that bitcoin is the right asset that can complement the downturn of inflation in an area and lead to fair decentralisation. Warfare is not justified but until now there is still this path being used.

Bitcoin for me is a good asset, especially personal as I feel, including its liquidity is very good. People who store bitcoin anywhere and anytime for me will not starve even for a few pieces of bread, wheat and other staples. Because food is the main thing of the main thing. I agree that bitcoin can be accepted even though there is a separate scenario when conditions are urgent.

Definitely, when it comes to practicality, btc will be better than gold in times of war and other catastrophe that we may encounter. But do remember, it is only good if crypto is still in the market during these challenging times or at least have the hope to survive. Because if not, you are just storing worthless currency. For now, we are enjoying the fact that it is worth to store this volatile asset. And maybe, few years from now, it is still relevant to hold. But as time goes by, we need to keep with the fast phase in technological advancement and see if it is still valuable to hold digital currencies.

Gold's more worth than bitcoin in a wartime scenario not to mention that if that's really going to be the case, the value of bitcoin is going to be least of our worries because a third World War is definitely going to involve nukes and it's likely that we will nuke ourselves into oblivion or stone age and by that time, we're prioritizing salt and basic commodities to be traded with other basic commodities if we ever survive the rain of nukes that's definitely going to happen. Also, even if you hold a gold right now, I'm sure that you're going to see yourself losing it anyway because the government will definitely confiscate it so they can fund the war machines that they're pumping out into the battlefield, you don't win wars with just patriotism, you're going to need a huge war chests too.

Gold is usually more expensive than Bitcoin during a war, but Bitcoin will also increase in price. During the war the price of everything goes up but the huge increase in the price of gold will have an effect on Bitcoin. Bitcoin market is risky so we must invest in bitcoin keeping in mind that period and checking the market if we can invest in bitcoin surely we can get good profit through this mode.

I just want to emphasize one thing: gold has existed for thousands of years and it becomes more valuable every time there is war. I don't know what will happen to bitcoin if World War 3 actually happens, but I'm pretty sure that gold will continue to exist after World War 3. Because let us not forget one more thing, gold was able to survive and weather the previous two world wars, and it remains the most reliable asset to date.

We are bitcoin investors, we always want the best things to happen with bitcoin because it benefits us too. But we also need to be realistic because if war breaks out, it will directly affect us if we make the wrong choice.

We don't know the extent of any war, and we don't know how each of them will perform relative to the other, and it might also be worth considering how much preparation that we might want to give to those kinds of various scenarios.

How much break down in civilization is taking place during this supposed war, and are we in a place that is receiving a lot of battles or are we in a more distant location and we might not be suffering as many direct hits, but there still may be areas in which more civil break down has happened and areas in which less civil break down has happened.

It is already best to be investing in bitcoin instead of gold, so why change plans for a war that may or may not end up happening, and even if such war ends up happening, there still might be some use for bitcoin, but we don't know... and yeah, maybe instead of having as much bitcoin, then there would be needs for some prepper type materials, but then that also leads to similar questions regarding how much prepper kinds of materials are going to be necessary and for how long are they going to need to last...Of course, people living in the country have some advantages in regards to abilities to prep, but they still may have some of their own challenges based on where they are and then what is the status of the neighbors in terms of how desperate they might be and how much they might be ready, willing and able to respect property rights.

Many people also think that gold, bitcoin, money...everything will become useless if war breaks out, but I don't think so. I believe that even when there is war, the economy still works to some extent, I mean money is still used and people with more money will have better privileges and more life opportunities more. If you don't have money, gold, or bitcoin in hand, you won't be able to buy food or drinks, but if you have a lot of money in hand, I believe you can buy those things. As long as there is a need, someone will provide it for us, that's how this world operates whether there is war or not.

For me, it all comes down at the size of the war: if it's a "small" war like what is going on in Ukraine, and by small I mean that it's about only a few countries, than people can still go somewhere else and yes, of course any type of money would help a lot. If we are talking about a possible WWIII with all the countries launching nuclear attacks to each other then we must understand that life as we know it will be gone for centuries. In an hypothetical post-nuclear world water and food would be way more valuable than gold or cash.

I understand what you are saying and also imagine that if World War 3 breaks out, things will not be as simple as war between individual countries. But like I said, the economy will still function to some extent, as long as there is demand there will be someone to supply it. That is human nature and it will never go away even if we go back to the stone age after World War 3. Humanity has evolved over thousands of years by exchanging goods and it will always work regardless of world circumstances.

Let's look back at human history, how we have progressed from the Stone Age until now, and if there is a third world war, we will start again from there and assets like Gold, fiat money, bitcoin will always exist and be with us. We will only add new assets, never reduce them.

The preference between Gold and bitcoin during scenario like this will be a personal decision. But During times of conflict the accessibility and probability of Bitcoin could be more advantageous than Gold, in such scenario physical assets like gold may be difficult to obtain or transport. While bitcoin decentralized nature and global accessibility could make it an attractive alternative. Bitcoin has been as a digital store of value, it has shown resilience to some economic events. So to invest in Bitcoin in world right now it's more preferable than the possession of gold because of the challenges of holding physical gold does come with difficult to store, check purity and hide in certain situations, heavy and not easily divisible.

In Russia’s war against Ukraine, which is now in its third year, Putin and his entourage have repeatedly threatened Ukraine and the whole world with the use of nuclear weapons. One by one, the conditions were set that if the Ukrainian Armed Forces attacked the annexed Crimea, the territory of Russia itself, Moscow, then nuclear weapons would be used. But the Ukrainians are now attacking both the Crimea peninsula they captured and almost the entire territory of Russia, including Moscow.

If they attack you and try to kill you with conventional weapons, then it practically doesn’t matter if they also blackmail you with the use of nuclear weapons. If you die, then it makes no difference from what weapon, so Ukraine practically does not react to nuclear blackmail and continues to defend itself by all available means. In addition, any use of nuclear weapons will boomerang on the territory of Russia itself and this cannot be ignored. Even the use of small tactical nuclear weapons will mean that it will be impossible to live normally in this territory for decades and centuries. And then why do the occupiers need such conquered territory? In 2022, the Russians invaded the Chernobyl zone of Ukraine from Belarus and even dug in there. After some time, they were all taken to Belarus with signs of radiation sickness. They say that every single one of them has already died. But almost forty years have passed since the accident at the Chernobyl nuclear power plant.

Therefore, not everything is so simple. A major war involving many nuclear states does not really mean that it will be nuclear. But at the same time, it only takes a few idiots with access to the nuclear button to threaten the existence of all humanity. After all, if even one nuclear explosion occurs, after that there will no longer be any deterrent to the use of other nuclear weapons.