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Author Topic: What happens to the Bitcoin Network if a World war Starts?  (Read 3970 times)
Nimbulan
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February 19, 2017, 10:25:21 PM
 #21

I'm starting to get very worried about the state of international relations. Trump is a potential threat to world peace, and growing tensions with China and other countries are becoming a real threat.

So, if a World war starts, there are all sorts of scenarios we can consider, but what do you guys think it could happen to Bitcoin?
nothing would happen, I believe that it would actually have a positive change on the price because the people would start using bitcoin for sending money as the banks would most probably be destroyed and stuff

 
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DoublerHunter
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February 19, 2017, 10:32:28 PM
 #22

Bitcoin network will shutdown because the miners will get panic and investors will sell all their bitcoins. World war is one of the most thing that i'm scared of because this will make a big negative change in the world and the one who will be in danger is bitcoin because it is still young.
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February 20, 2017, 07:57:03 AM
 #23

You shouldn't worry about Bitcoin if WW3 start, should worry about your family & friends.  Cheesy

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February 20, 2017, 08:41:33 AM
 #24

You shouldn't worry about Bitcoin if WW3 start, should worry about your family & friends.  Cheesy
Well said, the main concern should be upon your family and friends. World war won't make bitcoin worse, even if internet connection is broken too some part of the world bitcoin gets used. So nothing to worry about it. Once again it grow high with good potential. Truly speaking if world war starts too very few country gets affected much, so rather than thinking its good to have humanity.
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February 20, 2017, 08:55:48 AM
 #25

With nuclear weaponry, I zee countries like China, America, Russia and Britain being hit with nukes. Bitcoin will survive and it would be like a blinking light bulb  but it will improve years when the war is over and the nations rebuild. Bitcoin will not die because there are neutral nations using it.

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February 20, 2017, 10:02:04 AM
 #26

The main thing is Electricity and Internet. I know we have so many ways to generate one now and expect the technology to improve but I don't know how Bitcoin would survive without internet. The probability of world war happening again is very small because I don't think people are still stupid to be lead into any war for selfish reasons

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hajimasan
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February 20, 2017, 10:09:36 AM
 #27

first think of human then think of bitcoin. bitcoin is not feed on any single system that if we affect the system then bitcoin would become unstable but bitcoin is distribute on several system of miner so if any particular region get affected by war weapons and bombs then also nothing is going got happen to bitcoin as it is distributed world wide.
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February 20, 2017, 10:15:44 AM
 #28

First of all think of all things that may result when a world war happens between china and any other big countries that has an issue with each other right now.First if it happens for sure electricity for big countries is will be out and if that country has the most number of bitcoin users of there is a bitcoin network there obviously bitcoin will came into an outbreak.Admins o network will not be able to acces system without internet and electricity which will be surely out if world war begins
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February 20, 2017, 10:24:51 AM
 #29

First of all think of all things that may result when a world war happens between china and any other big countries that has an issue with each other right now.First if it happens for sure electricity for big countries is will be out and if that country has the most number of bitcoin users of there is a bitcoin network there obviously bitcoin will came into an outbreak.Admins o network will not be able to acces system without internet and electricity which will be surely out if world war begins
You obviously have never seen war movies. Have you seen London bombings during WWII? They had electricity back then, now it's much easier to run generators than it used to be 80 years ago.
A war would not mean the lack of power, Internet or any other, unless you'd get nuked, but then you wouldn't have to worry about those things anymore Wink

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February 20, 2017, 11:21:28 AM
 #30

I'm starting to get very worried about the state of international relations. Trump is a potential threat to world peace, and growing tensions with China and other countries are becoming a real threat.

So, if a World war starts, there are all sorts of scenarios we can consider, but what do you guys think it could happen to Bitcoin?

Do not freak out from something that is purely coming from opinion and conspiracy theory. The right time to worry is when there is already a declaration of war made between countries. Bitcoin will keep on getting stronger this year and there will be no war as you predicted. Instead of war affecting bitcoins it will be countries adopting bitcoins.
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February 20, 2017, 02:10:24 PM
 #31

Well, for a complete Bitcoin outage there must be a complete outage of electricity and communications in large parts of the world. That would require an extreme form of world war - much more heavy than WW2. It's realistic in a nuclear war, and then we're doomed anyway  Tongue.

But for massive conflicts the best option to make Bitcoin survive are mesh networks of Wi-Fi routers that replace the current internet service providers (as nearly everyone in industrialized countries own a wi-fi router or an Android phone they can be organized quite quickly).

And for electricity, solar or wind energy for Bitcoin users. There are countries like Germany where already a high proportion of houses have photovoltaic panels, so that's not an unrealistic option.

Correct, and the predictions of those people who are always keep on saying that bitcoin will die would come true at last, and we are also going to die if this World War 3 would really happen in the future, but let's hope that it will not. We are living on the Computer Age right now, so the World War 3 will be like a World Massacre, many people will die, many houses will be ruined because of the bombing that will happen, exchanging of guns fire, and above all of that, this world will become like a hell, fires everywhere.

And because of this destruction and situation, bitcoin will obviously die, because there will be no one, who is not insane to think bitcoin first rather than himself during a War, only greedy and insane people will do that.
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February 20, 2017, 05:15:24 PM
 #32

I don't know....things are really looking precarious.  We may be heading for some form of world conflict.  I think that a direct hit on the bitcoin network is more likely than the indirect consequences of a world war.  I can see somebody like Trump initiating an attack on bitcoin directly....just before war breaks out....gold, silver, and other metals will see increased investments....bitcoin price will tank....I'll buy it all up....things will fall back into order....and bitcoin price will rise again!
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February 20, 2017, 05:23:09 PM
 #33

You shouldn't worry about Bitcoin if WW3 start, should worry about your family & friends.  Cheesy

This is the first thing I would think also.
There is a war and we will still think about bitcoin? That is hilarious. Maybe you will be spending all of it to buy water and food that can be preserved for a long time.
But before that, markets will go down so with just a threat I would think of withdrawing all my funds before it becomes zero.

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February 20, 2017, 05:39:18 PM
 #34

Fiat is the last thing you want. Haven't you guys watched or read what happens when a government collapses?

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Hyperinflation in Zimbabwe was a period of currency instability that began in the late 1990s shortly after the confiscation of private farms from landowners, towards the end of Zimbabwean involvement in the Second Congo War. During the height of inflation from 2008 to 2009, it was difficult to measure Zimbabwe's hyperinflation because the government of Zimbabwe stopped filing official inflation statistics. However, Zimbabwe's peak month of inflation is estimated at 79.6 billion percent in mid-November 2008.

In 2009, Zimbabwe stopped printing its currency, with currencies from other countries being used.[2] In mid-2015, Zimbabwe announced plans to have completely switched to the United States dollar by the end of 2015.

In a world without bitcoin, people will buy and hoard gold and jewelries in times of war. Or shift to a currency with the strongest government.

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February 20, 2017, 05:47:13 PM
 #35

bitcoin network may be developed, because it will be very important, and will be very useful when the world war came, because bitcoin can conduct transactions very quickly, and it can be used to buy weapons in the dark web.


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February 20, 2017, 05:55:19 PM
 #36

If there is world war and internet is destroyed, bitcoin network will automatically stop.  Probably it will stop until internet and nodes were up again.  As long as there is an internet and some unit that function as nodes, bitcoin network will continue to exist, except there is no one willing to support the Bitcoin network.
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February 20, 2017, 06:02:57 PM
 #37

Let's preach peace and love to avoid world war 3 as you see it!
Afaik if war broke out one of the military tactics used will need to disrupt communication of the enemy which means the enemy won't have access to the bitcoin network to cut them off from doing any business.
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February 20, 2017, 10:46:21 PM
 #38

if bitcoin became a worldwide currency replacing all other fiat currency, the i would expect countries to develop ways to shut down the entire  electrical and computers of other countries by hacking or pure emp weapons thereafter, . .then you could simply disable a countries inner workings and shut down their economies without bombing its land and citizens, . .i think if we all adopt a digital currency system, the development of electrical weapon technologies will undoubtedly follow simply due to the mistrusting nature of mankind towards his neighbors
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February 20, 2017, 10:47:53 PM
 #39

maybe they move to POS? so that it doesn't require very high spec for consensus?
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February 25, 2017, 06:25:26 AM
 #40

I'm starting to get very worried about the state of international relations. Trump is a potential threat to world peace, and growing tensions with China and other countries are becoming a real threat.

So, if a World war starts, there are all sorts of scenarios we can consider, but what do you guys think it could happen to Bitcoin?

Why are you so negative? Why do you think trump is a potential threat to a world peace? Maybe he's a good leader that no one can influence him.

What might gonna happen in our bitcoin Network when the world war breaks out? Bitcoin will become completely worthless as well as fiat money.We experienced it that before. No money, lack of foods and we became slaves. The worst part of the war, Governments will hack each others systems.













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