What if? Just asking opinion

[Shafay]

What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

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[The Sceptical Chymist]

You kind of answered your own question there.  If anything collapsed the power grid, bitcoin would be worthless.   Precious metals would be the go-to asset, with guns and food.  But would a war cause that worldwide?   Probably not.

[ImHash]

My fellow earthlings need not to worry what happens if the third world war is ignited because no one will live enough to do anything whatsoever if it does.

[cpfreeplz]

Power outages? People would use generators. Bitcoins would skyrocket in price because certain fiats would be worthless. So it's all relative. Your bitcoins won't be able to buy you more but they'll be worth 100,000 USD. That's what I see happening. With trump in office this is inevitable so we'll have our answer in the next few months.

[Shafay]

Power outages? People would use generators. Bitcoins would skyrocket in price because certain fiats would be worthless. So it's all relative. Your bitcoins won't be able to buy you more but they'll be worth 100,000 USD. That's what I see happening. With trump in office this is inevitable so we'll have our answer in the next few months.

Hahaha well I hope it doesn't happen that soon , 😂

[bitbunnny]

If world war III happens, which I hope not, afterwards nothing will exist, and not the Bitcoin. That would be the end of the world. And with no electricity, internet and communications there is no use of Bitcoin. I can't see how anything could survive the WW III so this would probably mean the end of Bitcoin too.

[BingoDog]

If this war happens at first bitcoins may have even higher value but soon it would probably become usless. Everything on this world would be ruined so how could we use Bitcoins without internet connection and infrastructure? Unless this is secured in some way and working without any interruptions which is not very likely. I think that third world war would also be the cyber war.

[thebatletbet]

the first maybe is good placed about world war  effect to bitcoin price is good post in politic & society section
if world war bitcoin can use finance logistic mobile and fast transfer to many people all the world in conflict
and bitcoin price can incraese high

[Pab]

WW3 f that will happen you will be worry not about bitcoin price but how to survive,if you want to experience how it could be travel to Syria you will see bitcoin rocket there,or west Ukraine

[Kevin77]

What if World War 3 breakout ?

There were similar discussions in the past :
https://bitcointalk.org/index.php?topic=1405976.0  Will Bitcoin survive world war III?
https://bitcointalk.org/index.php?topic=521965.0  will world war 3 mean bitcoin goes to the moon?

The only conclusion, if power stays with humankind we can assume bitcoin will continue serving us. It either one will not, that would be the end of everything.

WW3 might lead to complete extinction of human from planet earth. Because atom bombs are becoming common for any country, if it will be used we cannot imagine about retaining earth a life friendly. Another war might be the end for human race.

[bamboylee]

If world war 3 breaks, I will be more worry about surviving than the price of bitcoin. But if you have time to collect wealth, I will go with precious metals. In WW2 some fiat are rendered useless or no value, it will happen again on the next war.

[avikz]

If WW3 happens (The chance is good because Mr. Trump is the president of US) bitcoin price will not go down, instead it will go up manifold. because people will turn to bitcoin transaction as it will hide their identity. Gold and paper money will be riskier to stack as it can be found. So people will turn to internet transaction more.

However, if the internet system faces trouble, then the transactions will take ages to confirm and overall transaction time will increase a lot which can make people turn down bitcoin transaction offer and look for other options for transacting money. But I don't see any reason that bitcoin pricce will go down.

[HabBear]

If WW3 results in a loss of electricity we won't have access to our bitcoin - remember that.

Bitcoin is not a "doomsday" currency. If WW3 is like WW1 or WW2, bitcoin's price will probably rise and after the worst is over it'll be widely acceptable again across the world.

[Xester]

What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

It all depends on the situation. If you look at world war II there are several wars that are happening in the world but there are also countries that are not included in the battle. There are 3 possible things that will happen to bitcoin if WWIII happens. First if the situation is a doomsday scenario when thousands of nuclear bombs are released in an instant then we are all dead and bitcoin is no more. Second, probably there will countries that participate and some will not, this may cause the bitcoins price to go down due to war. Third situation because war is inescapable the people will withdraw deposit on banks and will buy bitcoins and bitcoins price will skyrocket, bitcoin will be bought to escape from an economic breakdown due to war and bitcoins will be stored in flaskdrives then they will migrate to countries that are not affected by war and use those bitcoins to start over again.

[carlfebz2]

If theres a power outage then not only bitcoin would die but all economic activities that do normally operate and we all know that all depends on electricity even theres internet and electricity is gone then it would be useless bitcoin might stay on our wallets but theres no circulation since people cant do transactions in the absence of electricity.

[hase0278]

I really do hope that world war 3 would not happen but if it is, I think bitcoin might be worthless since it can't be used without proper internet connection that will surely be out when world war 3 broke out. Economy will also suffer if this happens but probably food, guns and other deadly weapons will rise in terms of price because the demand will also rise.

[Idrisu]

I will not pray for ww3  because with the kind of hatred countries are having against each other I don't think live will survive it. When we are talk about war outside bitcoin all others financial instrument will be worthless, the only thing that will remain will be every body struggling for survival. Gold, silvers and others money like dollar and pounds will all be worthless.

[OmegaStarScream]

Even though I'm holding a small amount of bitcoins and I trust cryptocurrencies , I can't say that bitcoins will be used after WWIII , the same scenario will happen like the other wars , gold will simply be the only thing that worth anything. I found it impossible for gold and silver to lose value , It's the only thing that has been used for thousands and thousands of years and still being used right now.

[Mbah Tyo]

I think it was as bad as it will not happen in any country, if yes then not only bitcoin will most likely die this world coming to an end because it was over no more energy all paralyzed

[Tyrantt]

What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 

Well if there's no electricity than there is no computer usage and internet and therefore bitcoin would be useless. Maybe it can be helpful After the WW, since war torn countries would fall into hard economy times and bitcoin may be able to soften that a little.