How could war affect crypto?

[boss1dg]

I think so, buying weapons for war has made easier thanks to the help of cryptocurrency. The terrorist can use Bitcoins and other cryptocurrencies as a means of payment to buy guns and fund deadly attacks.

and before bitcoin what they were using ?
big terrorists dont need crypto to survive , they do trade weapons with oil like in syria . so crypto is just blamed blindly for these criminal acts .
i do agree with crypto their payment system will be more easier , but it will not affect that much . after regulation we can tackle it bcoz at a point someone will withdraw them in USD and will have to show source .

also query was how war will affect crypto .

[kendra1107]

How could war affect crypto?

War has a great impact on crypto because people won't be thinking about trading or doing campaigns during this time! I mean, your country is in chaos so instinctly you'll be more concerned with safekeeping your life! The economy will surely drop and almost everything will be on a halt. This includes cryptocurrencies. The community will be less active with pretty much everything because of this war. And so the crypto market will surely be affected.

[boss1dg]

during time of war fiat currency lose its value and if you are on side of victim nation which lost the war then fiat may be same crisis like zimbawe and other nations . however if you invested money in gold or silver then you are safe bcoz they don't lose their value . you can trade those assets with current value of fiat .
crypto is backed by demand and popularity so if popularity is not affected then having crypto is also safe option . but still i will say gold and silver are best investments in such conditions .

[pheonyx]

Before war happens there is a big preparation,so I believe it will affect the price of few cryptos specially bitcoin to become more expensive.  Because using cryptocurrency is the safest way to become free from any possible questions from the government that leads to possible leak and affect the plan.

[gawuk]

If the war rages and gets bigger, maybe the value of the property or the stock will fall. The real sector will also be chaotic. That's when people will consider crypto to secure their assets.

[Biasaae]

How could war affect crypto?

I think if a war happens, there will be many new long-term investors. People will start hiding in bitcoin and monero. That's when maybe cryptocurrency is getting searched.

[Orang Tua]

How could war affect crypto?

Maybe if the third world war starts, and bread is rarer than cars, then people no longer care about crypto, but I think people will not let that happen.

[surgical_duude]

How could war affect crypto?

WW3 is not like WW2. People just sit and press the button. So I think crypto will still exist, the market all "go to the moon". The value of cryptocurrency may increase 500-1000%. But I don't think wallet, exchanges site will be available. It reminds me of the North Korean missile test. At that time, bitcoin prices increased dramatically because Koreans and Japanese bought a lot of bitcoins. That is the opportunity for us - true holders. 

[BitcoinForAll]

During the war, people will transfer money to cryptography, since cryptography is a good way to hide money!

[Bratecon]

It must be a world war in order to have an effect on crypto currency. And even then it would be hard to say if it is the cause, or it is just a normal volatility.
There is another controversial question that could be derived from the name of this thread - How would cryptos affect the war? It could lead to an interesting discussion among serious people.

[Godday]

logically easy to guess. because with the war, people tend to need money instead of investment. then they will withdraw their funds for the needs of the war. investment is the thinking number because salvation is the main thing

[loaddebitcard]

Don't think it might have a huge influence on cryptocurrency, the government won't use it anyway and the civilians may use it for saving their funds but I doubt they would do that. I think the war may have an lowering influence on cryptocurrency in the exact country cus people would think about other things than digital money

[CaptainKid]

How could war affect crypto?

War, in any case - it's very bad, and very sorry for those people who perish from it. In a country where there can be war, crypto-currencies will not come first. Let's think about good.

[spastikss]

I dont want a war but if there is a war i think crypto money will be valued higher because it is safe to keep your money in crypto. You cant carry your money or gold with you in safe but with brain wallet it is easy and safe.

[andthereyou]

War may make cryptocurrencies useless in countries where internet is cut-off. Also I think that this topic should be move to other section of this forum.

[DumbLefty]

I think that the war will not affect the cryptocurrency in any way. War is when several politicians failed to agree. But cryptocurrency is beyond the scope of governments.

[crenfrosck]

I would say that if we are in a war, it would not look like 70 years ago. Anyway, any war supports new technologies and that would be "great" for crypto (just like things can be great during a war). That is the first factor, the second one would be that people will not trust a currency managed by the government, so they would like to own a reliable currency. Anonymous cryptocurrencies would be used by the military sector and agents as transactions are rapid and unstoppable. So if we are in a war, technology+currency means crypto would be one of the most important factors that might even decide the result of the conflict.

[Siren]

In the United States, the United States and France in the United States today made a military attack on Syria and bombarded some places in Damascus. We all know that war is closely related to gold. People need a safe haven, and the current encryption does not have the function of avoiding danger. I think the more function of bitcoin is financial.

So whats the answer to the OP?seems like you don't understand whats the topic here..

Its about What would be the effect of war in crypto,not the other way around..

Well ofcourse the first bad effect would be the power supply as we all know that we cant use cryptocurrency without electricity,the next is the transactions how could investors make trading when youre place is being bombarded by enemies,i think what we had to do is to pray that this war wont happen,forever

[pokemon43]

Thanks to the crypt, you can perform hidden transactions, buy weapons, and so on. No one can track down the owner of the purse and thus the price of the currency increases.

[RNGfight]

The war will allow safe havens to grow rapidly, and both gold and bitcoins will have a big increase.
That's what war does for bitcoin.