What do you think will happen to Bitcoin and others crypto during war

[fabuloveu]

I read about how gold and other precious metal was a safe haven for investors during precious war. And now the uncertainty of war between USA or North korea. I pray we dont experince another war. But if there is, what do you think will happen to bitcoin and others.

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[sp_skeptic]

That depends on the war.

If the war threatens the integrity of the Internet then the value of cryptocurrencies will plummet. Think of North Korea threatening the US with an EMP device or the Russians cutting the undersea cables - they have been snooping around them with their submarines. In that case you'd be way better off with gold.

If the war just gets expensive and threatens the financial system then the value of cryptocurrencies should rise. You'd be ok with gold then too.

[cryptopan]

I read about how gold and other precious metal was a safe haven for investors during precious war. And now the uncertainty of war between USA or North korea. I pray we dont experince another war. But if there is, what do you think will happen to bitcoin and others.

War will trigger another recession that means the bankers and rich people will find a safe haven to store their money,which is crypto the BTC price might reach $50k-100k if a war will happen.

[Dullmartini]

While of course no one wants a war to happen, if a war does happen it would be interesting to see if people flock to btc. Btc is called virtual gold sometimes and it’s supposed to be a store of value. If that is true, it would increase a lot.

[v3liana]

While of course no one wants a war to happen, if a war does happen it would be interesting to see if people flock to btc. Btc is called virtual gold sometimes and it’s supposed to be a store of value. If that is true, it would increase a lot.

yes but when war happen it would really big more big than all war that we would ever see. maybe you. might not even care about you coin anymore. you might worried about yourself, yourfamily and the disease that might threaten your family cause modern war have a really dangerous weapon that might be beyond our wild imagination. so my answer is bitcoin would be worthless than ever before.

[Valzador]

If there is a world war, the fate of the crypto currency will certainly be the same as fiat money because if the physical place of the wallet used to store Bitcoin is destroyed or exposed by nuclear attack then that crypto currency will disappears.

[poodle63]

I read about how gold and other precious metal was a safe haven for investors during precious war. And now the uncertainty of war between USA or North korea. I pray we dont experince another war. But if there is, what do you think will happen to bitcoin and others.

As long as the internet will exist and your amount will be safe but remember the human already discovered about how to build internet easily and it can be recovered anytime. you should not be worried about that mate.
Just try to get a lot of positive thing about that. It will always exist at every moment.

[Coinhype]

When theres a war, cryptocurrencys will be the one and only way for the people who live in the warzone to buy something if there anything around to buy. In wartimes the price will rise.

[rain3798]

I read about how gold and other precious metal was a safe haven for investors during precious war. And now the uncertainty of war between USA or North korea. I pray we dont experince another war. But if there is, what do you think will happen to bitcoin and others.

I think we should not compare the crypto to this metal and gold because they are different. If there is war, I think bitcoin will still be there, it won't gone, it's just maybe all of us will not be able to work here again because if there is war we should think our safety first because it is more important than money. The people who is here will lessen because not all country will have war of course. It might be hard to make a trade again or invest and there might be lost of internet and if that happen we can't bitcoin but bitcoin will still be here like other cryptocurrency.

[katana2w]

World war will destoy everything. And Bitcoin with cryptos too. Or you think you will have electricity and Internet in war area?

[KwizatzHaderach]

Depends on what war, if it comes to nuclear war, then all will be toast, our cryptos along with our lives.
If just conventional, affected areas will surely be hit hard with no internet.

[iLatios]

I live in the country in which war lasts for more than 4 years. Of course, last period cryptocurrency is growing in its popularity. But also people have started to invest money in crypto to protect them and hide their fortune from others. So, to my mind, cryptocurrency will only improve even during the war.

[qazgroup]

In the times of war people move from traditional currencies and assets to the alternative assets, so in that case i think btc and cryptos will sky rocket alongwith gold.

[Zandar]

If they taske down the internet during the war then you cannot do anything with your coins, otherwise bussiness is as usual. Ofcourse they can take down exchanges etc during the war resulting into all coins upon it getting lost or government seizes them to use it for themselves.

[sean.maley]

I read about how gold and other precious metal was a safe haven for investors during precious war. And now the uncertainty of war between USA or North korea. I pray we dont experince another war. But if there is, what do you think will happen to bitcoin and others.

People tend to cash out their money in case of emergency state to be able to buy basic need products. I hope it never happens but in case it happens I would expect panic selling in the market which can cause total catastrophe.

[realsmans]

I read about how gold and other precious metal was a safe haven for investors during precious war. And now the uncertainty of war between USA or North korea. I pray we dont experince another war. But if there is, what do you think will happen to bitcoin and others.

If will be war between USA and NK, it probably will be nuclear war. So nobody will think about money.

[cryptobobo]

U.S making war with other county is not a new thing,they need that for the living,the war is their business they are selling war machines to both waring countries.

[rubenaz92]

I don't think there will be free wifi at McDonalds during war. If electricity gets shuts down you won't have shit. And do you think a farmer will accept cryptos for his food in times when there isn't many food? What can he do with cryptos in that time. Physical items which have a practical purpose, like food, weapons and stuff becomes much more valuable. So I think there will be much more trade in physical items than cryptos.

[boss1dg]

interesting question !
but before btc and ethereum , you should think of yourself , what will happen to you if your own country also indulge in this war and if it become more worse than world war 2 . 

[mpufatzis]

You don't have to worry even if a war happens. During the 1st and 2nd world war the battles were located in specific areas of the world.
In the rest countries, life continued normally. The communications were working even in the conquered by the Germans areas.
The internet is a web and will always work.
The miners will exist to mine in the free of battles areas and the people will keep the personal keys in papers CDs and USB sticks till the end of the war.
N.Korea is not a thread.