How wars can affect Bitcoin?

[nmax21]

I hope we do not know how it will actually be! But I think that bitcoin will be used to purchase weapons, as it is quick and anonymous.

[drachman]

The price of Bitcoin will rise. Because of the war, the price of the legal currency of each country will become more unstable, and then Bitcoin will increase its price because of its characteristics.

That is very doubtful, it is very likely that in the case of a war there are going to be price controls and it's likely the government will try to apply a price control to bitcoin as well they will fail and then they will ban it, that will be bad for us but I cannot blame them the future of the country will be at stake, so I really think that the asset that will grow is gold and not bitcoin because people will prefer to play it safe.

[cookuy]

I think that if there is an international war, the price of bitcoin will fall because war will affect the country’s direct peaceful development and affect the economic market.

[trry98]

While commenting on one of threads over here. A really interesting thought popped into my mind. What will happen when there will be coming a huge war?
Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.

So the real question here is how bitcoin can affect wars? wars can have huge effect in financial economy maybe bitcoin can solve the problem by using it to spread help from other country. this the fastest way to get support from other country in terms of financial. 

The operation of Bitcoin requires some basic order. The conditions for Bitcoin's security are also based on these basic orders. If any of these orders are not established, for example, there is no stable network environment, there is no stable power supply, and there is no physical security guarantee for miners, the value of Bitcoin will not be established.

[wangwangdui]

It is said that Bitcoin is used to hedge the risks. Should the war break the power and the network? Oil and gold are materials that can be used for war purposes. Bitcoin can't eat and can't build weapons. In extreme cases, Bitcoin may disappear.

[bookhg]

The operation of Bitcoin requires some basic order. The conditions for Bitcoin security are also based on these basic orders. If any of these orders are not established, for example, there is no stable network environment, there is no stable power supply, and there is no physical security guarantee for the mining machine, then the value of Bitcoin is untenable. So the war will have a big impact on Bitcoin.

[tangsanzang7]

war? In the event of a war, I think that Bitcoin is playing a more important role. Our currency conversion does not need to go through an intermediary bank at all and is free from the danger of being robbed. And the anonymity of Bitcoin also helps spyware. I think Bitcoin plays a huge role in the war.

[huali88]

The operation of Bitcoin requires some basic order. The conditions for Bitcoin security are also based on these basic orders. If any of these orders are not established, for example, there is no stable network environment, there is no stable power supply, and there is no physical security guarantee for the mining machine, then the value of Bitcoin is untenable. So the war will have a big impact on Bitcoin.

Only need to consider the issue of virtual currency transactions in the case of poor network. This problem is not only the issue of Bitcoin, but also the problem of all electronic payment methods based on the current network. Bitcoin can't be used at this time. You can't get 3 billion U.S. dollars in your bank.

[hxxxiu]

Very good idea, but I think bitcoin is not very useful in the war, because the war may damage the signal and the power grid. If there is no internet, you can't trade in Bitcoin. The war will destroy the land and cause people to become homeless. Think Bitcoin is not suitable for war.

[whiut]

Very good idea, but I think bitcoin is not very useful in the war, because the war may damage the signal and the power grid. If there is no internet, you can't trade in Bitcoin. The war will destroy the land and cause people to become homeless. Think Bitcoin is not suitable for war.

What you said might exist, but I don't think that war will not destroy the bank. The war will destroy everything. Everything is insecure, but I think Bitcoin is more convenient than banks, banks also need networks, or else Their system will crash.

[littlboy]

It depends on the size of the scale.
If it is a financial turmoil caused by local wars, bitcoin will surely skyrocket. If it is a full-scale war, such as the Third World War, which is mainly based on nuclear weapons, it quickly sells all valuable things and replaces them with long-term preserved food, drink, wear, use, and study field survival skills. Running in the mountains. This time no use of gold, who will remember the existence of Bitcoin.

[aghdgv]

The impact of the war on Bitcoin is significant. People may need more physical things in the war, such as snacks and daily necessities. The high transaction costs of Bitcoin are not conducive to the purchase of these low-cost products.

[fiswaer]

In the event of a world war or global chaos, Bitcoin's currency will quickly collapse, even worthless. The currency itself has little use value, only exchange value. It is based on trust and consensus.

[Caelanpelley]

It would be very bad when the war happened. War certainly has a huge impact on bitcoin. Because the war will destroy all property, people, living environment ... will make the country exhausted. Economically less developed, how can develop bitcoin. Most of the people involved in bitcoin are big financial corporations or bosses, rich people. The power of bitcoin depends a lot on their investment.

[lilimeng]

Some networks can use Bitcoin in alternative ways, plus the satellites in the sky. Although they are troublesome, they are not necessarily useless. Is it possible to destroy the wars of the world's networks, probably the Third World War, or Star Wars?

[gzgzs798]

In the event of a small-scale war, bitcoin may not be much affected. In the world wars, the public’s trust in various currencies (second-tier cryptocurrencies, bitcoins, banknotes, diamonds, precious metals, etc) will gradually shrink. The first to abandon currencies with low confidence and low degree of consensus will eventually be concentrated in one or two currencies. A currency with a high degree of trust goes up for hard currency. Its great chance is gold, a currency that has experienced thousands of years of human social turmoil. Its trust and consensus are the highest.

[millgates]

In my opinion, war can bring bad impact for bitcoin. Since bitcoin or other cryptocurrencies are not primary neccesities, its just an investment. If war happen, bitcoin or other cryptocurrencies holders will sell their bitcoin because they need to buy primary neccesities such as rice, bread or medicine to keep survive.

[Farma]

I do not know, I hope the war does not happen again. but, when that happens, of course bitcoin will be a very important transaction tool in this regard. many of the benefits of bitcoin can be used when the war, especially as a means of payment very quickly.

[paul gatt]

Certainly the war has affected bitcoin. Bitcoin will die or will drop when the war occurs. Bitcoin exists thanks to the investment from the players. War will affect many aspects of life. Especially the economy is exhausted, human life difficult. So they would not be able to afford a big amount of money to buy bitcoin.

[Valir]

The role of bitcoin is to be something that will disturb the fiat currency, but the controlling it is not the bitcoin itself, but is human, with its misconception of bitcoin function, humans will assume that bitcoin is the substitute of fiat currency, whereas the bitcoin and fiat currency are not for compete but to complement each other.