How wars can affect Bitcoin?

[Nahl]

wars is the word which many people does not liked it because it can bringing huge chaos and eliminate people's lives and if this is happened then i think bitcoin probably worthless because when world war begin then people around the world will only care about their life and also the countries does not care about cryptocurrencies and they will more focus to war and how to win it

[iryboy]

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.

Due to bitcoin decentralized nature war wouldn't affect too much, however till that, if a war country main currency is Bitcoin then it can affect a lot.

[xhoondilan]

We don't want war to come but if theres a situation that there will be world war 3 then bitcoin will be like treasure that it will be not easy to mine bitcoin anymore and for sure the bitcoin value would be so damn high.

[Bttzed03]

Such interesting thought. Hmmmm, if ever that would happen, bitcoin and other cryptocurrencies would definitely fall as wars affects everything. But I think it won't die.

[cryptoalfs76]

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.

Actually wars bring big chaos or disaster  to all the entire humankind ,if this would would happen now the first things,will much affect the  bussiness trading in that country,and even though cryptocurrency investment will die,because all infrastracture,investment,capital,internet and other form of resources will diminished  and  turn back  to zero.thats why we dont like wars because its destroy everything and turn  to nothing.

[mrcash02]

I think Bitcoin would be an easy way to send money to different nations in an "anonymous way", not only Bitcoin, but Crypto-Currency in general, it could be used by people helping each other to have money to survive or by governments to help allies. A World War always make a lot of damage everywhere and it's possible that at some time internet would stop working for many people, then Bitcoin would be worthless.

I imagine Bitcoin would play a secondary role in a war, usually people are more interested in physical goods than money during wars.

[dimastegar]

My opinion if a war occurs, will not affect Bitcoin. Because Bitcoin belongs to the crowd. And the role of Bitcoin as a cryptocurrency will not change even if war happens. Instead it may be a small dump will happen.

[#davidnugroho]

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.

perhaps their picture of the role of bitcoin when the third world war would be a source of money for the economy and the material money for the war seemed to be wrong. this technology is created in this era and there is the culprit behind this bitcoin money created for investment and exchange of world currencies not for other interests or materials for this war will stop operating and can not be cairka again if the world vulnerable to violence.

[September11Myth]

Little wars could possibly boost Bitcoin's value, but big wars would probably crash it, since Internet would probably be disrupted or it would be at the risk of being disrupted. I would anyway not bet on wars as a good thing for Bitcoin.

[fanbeila]

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.

If such a war occurs,then definitely people would give first preference to their food and shelter.A Actually no one would be ready to sell any products and accept bitcoin as payment at that time.So people would start selling their bitcoins much earlier on seeing the war signs.So it will cause bitcoin price to crash as the supply of bitcoins in the market would exceed the demand.

[Baimovic]

May be bitcoin price will rise, korean and japanese people buy bitcoin due to the growing war in north korea. In my oppinion they will buy bitcoin so when war is happen then they still can use their bitcoin outside of their countries and the citizens can support from outside war zone.

I do not agree with you, because when the war happens bitcoin will not be noticed by them, especially with a long transaction and expensive transactions. so the bitcoin value will fall and not even worth it.

but if before the war, they can buy weapons using bitcoins. because bitcoin can fool the enemy.

[drachman]

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.

And not only that, in the case of war the priorities of the people change substantially people no longer spend their money in useless stuff as they do in peacetime they are going to save every penny just in case they need that money in order to buy something important, and in the middle of the war an speculative investment like bitcoin is not going to be the priority of the people.

[zhanghoqi5]

I think fiat money in peacetime is universal, but in wartime fiat money will be affected by inflation, or even worthless.

The best currency in times of war is gold and BTC. The more volatile the situation, the greater the price of BTC and gold.

[StonedWolf]

Personally , i think that war will have big impact on the value of bitcoin. In war , countries need to buy weapons, but they will prefer to buy it anonimously to avoid any problems. They will have to pay it in Bitcoin. Therefore, the demand on bitcoin will increase , which will cause its value to rise.

[commlinx]

 It depends on the kind of war, if the war is local then that it is not going to have a great effect on the price of bitcoin however if it's as big as you are proposing and we have a World War III then everything is over, nuclear weapons would probably be used at that point and it's likely that the Internet will become heavily censored it and it's likely the same will happen with bitcoin at least on the first stages of the war but if the war is as bad as we think bitcoin will be the last of our problem, we would be thinking on how to get spears and begin another revolution. Lol

[total.room]

Jika ada peperangan di suatu tempat, mungkin dengan harga bitcoint akan selalu meningkat, tetapi kalau peperangan besar yang terjadi mungkin akan men hancurkan, saya percaya bitcoint selalu hidup, dan tu juga keterg\ntungan dari internet

[Dudeperfect]

I believe that when thing won't be in order, then everyone would seek the safe place to keep their wealth and as we all know, banks have no responsibility to keep your money safe and if there is any critical issue with the cash crunch, bank can deny payment to you even if it is your money and it is likely to happen during the situations like war. On the other hand, you keep your money in crypto and you have full right to use it in the way you want but there is a risk of price volatility. However, I would still be happy to have some part of my money instead of clear rejection from the bank to use my money. Something is always better than nothing in my opinion.

[cryptolet]

To me i will say that bitcoin can be dumped if there happen to be world war 3 because people will only be thinking about there lives and not about bitcoin or money

[Obbeliskinsk]

Take a look on the chart for gold prices around times of war.
https://goldsurvivalguide.co.nz/wp-content/uploads/2017/08/War-vs-Gold-Price.png

I think BTC willl follow a similar pattern as at the moment it only serves as store of value.

Good read at:
https://marketrealist.com/2015/11/threat-war-impacts-gold-prices

[dedelp01]

Make peace not war. BTC can be used in war but why think of war when we should always think of peace and prosperity. BTC should be use to improve our lives not to create conflicts that may cause destruction to others and even yourself.