Would a world war affect the price of Crypto?

[MrWatsonn]

Would a world war affect the price of Crypto and what are your thoughts on this?

Personally I think it could hike the price right up for certain coins but that's just my opinon

[Hopeful2017]

Would a world war affect the price of Crypto and what are your thoughts on this?

Personally I think it could hike the price right up for certain coins but that's just my opinon

It will certainly affect the price. Imagine if there is a world war goin on, do you think people will still be infront of their computer and make crypto trading? If world war will be going on, crypto prices will become zero because probably, countries will shut down their internets.

[buwaytress]

Assuming this world war would be on a scale larger than the previous, all economies would be affected, including cryptocurrency. It wouldn't suffer as much as fiat though. I think immediate impacts would be some fiat immediately devalued as opposing factions stop recognizing each other's national currencies. Others would be vulnerable to hyperinflation.

I imagine Bitcoin itself will soar in value, but there will probably be wild variations across exchanges, with many possibly choosing to abstain from trading with fiat. If anything, we might see an uptake in crypto adoption as governments rush to hedge and protect their assets.

Mining rigs might also be military targets. Can easily see this happening. Power rationing would mean shutting down all non-essential use of electricity, so industrial miners can say bye-bye, probably even have their hardware conscripted for technological warfare.

It will certainly affect the price. Imagine if there is a world war goin on, do you think people will still be infront of their computer and make crypto trading? If world war will be going on, crypto prices will become zero because probably, countries will shut down their internets.

Nodes will find a way around that. Blockstream's satellite network comes to mind.

[hatshepsut93]

In our age world war would mean an exchange of nuclear strikes, and I think it would be really bad for crypto - if it would damage electricity/Internet infrastructure, then Bitcoin will become a very risky asset, because it might just become unusable, unlike gold, unless there will be some technology that will allow it to work regardless of local infrastructure, like for example satellites. Bitcoin might be a great hedge against smaller disasters like localized wars and it's a good hedge against economic downfalls.

[bill gator]

Cryptocurrency has a higher possibility of surviving a world war than any other currency I can think of. Obviously commodities will maintain their value, but in relation to what will certain fall into question. As investors lose faith in the currency or cannot support the actions of a country then that currency is going to take a hit. If too many significant hits take place, then there will be mass economic panic driving the prices of gold and Bitcoin through the roof. Especially considering as those investors leave the value of the currency will fall, while the the price of the cryptocurrency increases at a rate unlike any we've seen in the past.

I think a world war might actually enable cryptocurrency to show itself for how useful it truly is, unattached from the politics of any particular country or economy.

[CuteBaby123]

Would a world war affect the price of Crypto and what are your thoughts on this?

Personally I think it could hike the price right up for certain coins but that's just my opinon

World war will greatly affect all exonomies, currencies and the total well-being of every country. Cryptocurrency has a great chance to be the last and best options of people in putting their assets and investments. It may be greatly affected also in terms of price because people would focus on how to survive rather than on how to gain profit.

[HabBear]

Would a world war affect the price of Crypto and what are your thoughts on this?

Sure!

Country and geopolitical risk always plays a role in the investment markets. And the use of Bitcoin for real currency could be positively impacted if global financial systems breakdown or become unreliable during the war time. During war times the investment markets usually crash, which causes a race for the safety of commodities. Bitcoin and other stable crytpo currencies are really considered commodities.

The only development that would negatively impact Bitcoin is if power distributions occurred as a result of the attacks. Bitcoin operates on the internet, therefore without electricity the Bitcoin market drives to a halt\.

[jakagintiri]

Would a world war affect the price of Crypto and what are your thoughts on this?

Personally I think it could hike the price right up for certain coins but that's just my opinon

The more weird the threads they make I do not think it's wrong, but it comes more to make the thread more realistic in the fact that now it does not make a thread that for me it's too bad to read it is not ethical, very sensitive when hearing the world war ya surely will affect everything in the world there will be no use of all the facilities that exist because everyone is busy defending themselves and all will be destroyed, without making a thread as well you will already know more clearer answers, maybe just want to increase your activity but everyone free to express his opinion.

[MrWatsonn]

Would a world war affect the price of Crypto and what are your thoughts on this?

Personally I think it could hike the price right up for certain coins but that's just my opinon

The more weird the threads they make I do not think it's wrong, but it comes more to make the thread more realistic in the fact that now it does not make a thread that for me it's too bad to read it is not ethical, very sensitive when hearing the world war ya surely will affect everything in the world there will be no use of all the facilities that exist because everyone is busy defending themselves and all will be destroyed, without making a thread as well you will already know more clearer answers, maybe just want to increase your activity but everyone free to express his opinion.

It is a genuine question, I was thinking about this in bed last night. The question was not so much what would happen to the price while the war is happening but in fact after.

I'm not fussed about activity or status on a website, I'm here to learn and share thoughts!

[Phantomberry]

I don't know could be the end of crypto because internet will shutdown or could be great advantage of crypto imagine bitcoin will be demand because of all county will buy weapons through bitcoin.

[Sidiq SP]

I think the world war does affect the price of bitcoin, but it does not rise but I think it will be down, because in my opinion, in the event of a world war the economic situation will be paralyzed, every belligerent power state will also focus on maintaining the security stability of the country, and of the economy will surely be neglected and not a top priority, then I can assume that the economy will certainly go down as well as the world of cryptocurrency,

[Martinkuhn]

A world war? In this day and age, we have made many economies and states mutually dependent on each other and all-out world wars like WW 1 and 2 is unlikely to happen.

What we are likely to see are small-scale insurgencies but of course if NK go ballistic, maybe we will see a large scale war.. but even in that scenario, a WW is unlikely.

anyway.. in a war, cryptos are likely to increase in price as state-backed currencies will become unstable. Cryptos can easily allow anyone to bring their wealth with them and will be bought by many who feel that their security is threatened...

[aso118]

A world war? In this day and age, we have made many economies and states mutually dependent on each other and all-out world wars like WW 1 and 2 is unlikely to happen.

You still have madcaps like Trump and Kim Jung with nukes in their arsenal, anything is possible. You cannot expect everybody to act in a rational way. When we do have WWW-III on the cards, people should be stockpiling sacks of grains and food, not trying to protect their wealth. It is during times of distress that we realize the importance of basic needs.

[jaysabi]

Would a world war affect the price of Crypto and what are your thoughts on this?

Personally I think it could hike the price right up for certain coins but that's just my opinon

Any very serious worldwide instability will crash crypto prices to zero or near zero. This goes for a geopolitical crisis like a large scale war or an economic crisis like a severe global depression. Crypto is valuable right now because there is global stability and people have the confidence to speculate on crypto in an effort to try and increase their wealth. This is only possible because of economic confidence. In both the conditions I listed above, economic confidence disappears and people flee risky assets for safer ones. Crypto is among the most risky assets, and it will crash with severe economic uncertainty because it's useless in times of crisis.

[kryptqnick]

Would a world war affect the price of Crypto and what are your thoughts on this?

Personally I think it could hike the price right up for certain coins but that's just my opinon

It will certainly affect the price. Imagine if there is a world war goin on, do you think people will still be infront of their computer and make crypto trading? If world war will be going on, crypto prices will become zero because probably, countries will shut down their internets.

That's probably what will happen. Technically, in this case cryptocurrencies might even stop existing! If there's some global hunger and lots of deaths then people care about surviving, not being successful. They will fight for bread and water, forgetting about cryptos and even fiat.
Unless of course the war goes very rational and relatively calm, with robots deciding the new territory divisions. In this case blockchain might be used for war purposes. For example, blockchain could be used to buy weapon, cryptography in general will be useful for communication and some new use cases could also appear on demand.

[malikusama]

Of course it will, till now the price of cryptos determine in USD and other fiat currencies because still there is rare use of cryptos directly in the market.
World war will effect the economies across the world and thus it will also effect the currencies whether they are centralized or decentralized.

Personally I think it could hike the price right up for certain coins but that's just my opinon

How could you say that? could you elaborate your opinion with reasoning so we can understand your point of view?

[Hemady17]

Would a world war affect the price of Crypto and what are your thoughts on this?

Personally I think it could hike the price right up for certain coins but that's just my opinon

There are lot of casualties can make by world war. Expect that the world economy also will suffer from a downturn if there is a war. Cryptocurrency price may affect much because of war. The tendency of the market to fall will occur after war destructed every companies that made using blockchain technology.

[BillCoin]

Would a world war affect the price of Crypto and what are your thoughts on this?

Personally I think it could hike the price right up for certain coins but that's just my opinon

It will certainly affect the price. Imagine if there is a world war goin on, do you think people will still be infront of their computer and make crypto trading? If world war will be going on, crypto prices will become zero because probably, countries will shut down their internets.

This is not the reason that is going to affect bitcoin's price.
Even if we are talking here about global world war, about 98% of the places on earth won't be considered as "dangerous zone" and people will still be able to do the things that they used to do on a daily basis.
The main thing that may affect the price is that countries may use a lot of money and will enter a huge debt, a thing that is going to decrease the support in fiat currencies, and may make people to move to alternative currencies in order to keep value.

[Hovhannes]

I think that the world war will not affect the price in a good way. World War brings only sadness, misfortune, poverty and takes away the lives of millions of people. But it may happen that people will begin to invest their savings in the cryptocurrency.

[mrtryonebiggums]

In general I think world wide turmoil could cause the price of cryptos to go up. But I don't want cryptos to go up because of that reason, that is asking for the wrong thing. I also think whatever currency funds the war stands to gain the most, and I don't think Bitcoin would be the currency of choice. Instead I believe the USD would stand to gain the most at this point in time, but again I don't want any war anymore, it is futile.