Bitcoin will be main currency during WW III, and back to $20k ?

[ReiMomo]

Rich people can easily migrate from the country of Iran without handing their currency money, probably those people in IRAN was getting ready for possible WW3 and buying bitcoin and easy for them to cash out when they are in other countries. But sadly, those poor people will remain there and there's nothing they can do is to wait what will the decision of their government.

[Hamphser]

Rich people can easily migrate from the country of Iran without handing their currency money, probably those people in IRAN was getting ready for possible WW3 and buying bitcoin and easy for them to cash out when they are in other countries. But sadly, those poor people will remain there and there's nothing they can do is to wait what will the decision of their government.

Having a war or living with the city in war is the worst experience you will ever taste in your whole life. Nobody wants to a war and i hope the conflict wouldn't expand more that would cause a WW3. Money can't buy anything if you are in the city affected by war. Let's not use bitcoin itself to gain something while others are dying it's a worst act of greed.

[rez303]

today i read this news , after issue about " Pentagon confirms Trump ordered killing of Iran Guards commander"

and now bitcoin take seat t be main currency
[
of course WW is bad for economic and humanity, but this thing can turned bitcoin to be main currency, why?
because bitcoin is pure decentralization, no people can reject transaction, no goverment can stop it

I don't think Bitcoin is important. One of the biggest mistakes many people make right now is to think that Bitcoin is an asset to hold because it is non-physical and it is heavily fomo every time a war or economy goes down. We are all manipulated by sharks about the thinking and value of bitcoin. Gold really is the core value and you should think about it.

[avatar_kiyoshi]

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Bitcoin will be main currency during WW III, and back to $20k ?

WW 3 is about Nuclear war, there will be no access for Bitcoin uses, means the internet will be shut down for the public.

Bitcoin can be used as an alternative main currency when the country faced conflict, before Iran. Greece, Argentina, Venezuela ever used Bitcoin as the main currency.
And I don't want to expect Bitcoin price rise in such a way, it's better naturally.

[alexsandria]

Just a counter measures if their economic were going to drop down later on. I am just quite fascinated with such action of those people that they even think of bitcoin while there is an on-going issue in their country because I don't think I would as I am more concerned where should I stay at, thinking of stock foods, bottom line is how would I survive rather than getting fortunes.

[Lucius]

of course WW is bad for economic and humanity, but this thing can turned bitcoin to be main currency, why?
because bitcoin is pure decentralization, no people can reject transaction, no goverment can stop it

Do you think WW III will be similar to the wars that took place in 1914 or 1939? In the event of such a war, casualties would be in the hundreds of millions and infrastructure would be one of the main targets of the attack. Internet is required for transactions, if it is gone or limited, BTC becomes pretty worthless.

Count on war as a means of adaptation is really ridiculous, even if price is go up to $1 million per BTC, atomic bombs, chemical and biological weapons are not an environment where money can be spent...

[jostorres]

There is no way world war three is happening anytime soon, probably ever again. We live in a world where technology has made sure that those big wars will never happen again, the best case scenario if Iran and USA goes to war which they won't but even if they do they will probably fight in the land of Iran or somewhere close like Iraq or Syria and not in the land of USA anyway so it would be another Iraq war for USA but nothing even close to that because in Iraq they were trying to overthrown a government whereas here they just killed a military officer and maybe Iran will do the same with some assassination attempt and USA will in return bomb Iran a bit so forth, nobody will join that war and we will have some middle eastern dead for nothing once again like USA always does.

[hatshepsut93]

Bottle caps will be the main currency of WWIII.

You are just extrapolating the current small boost from small negative news (yes, it is small, the media are just blowing it out of proportion) and say that if a world war would start, Bitcoin would go to the moon, but it would actually be the opposite - global exchanges will start shutting down because they could be used by enemy, Bitcoin will become regulated/banned for the same reason, mining might get banned because governments will take tight control of resources, and at the end of it all there's a nuclear scenario which renders Bitcoin useless.

[wxa7115]

Bottle caps will be the main currency of WWIII.

You are just extrapolating the current small boost from small negative news (yes, it is small, the media are just blowing it out of proportion) and say that if a world war would start, Bitcoin would go to the moon, but it would actually be the opposite - global exchanges will start shutting down because they could be used by enemy, Bitcoin will become regulated/banned for the same reason, mining might get banned because governments will take tight control of resources, and at the end of it all there's a nuclear scenario which renders Bitcoin useless.

I think this is the correct answer, bitcoin can be a great investment in the case of a global economic meltdown, if everything remains in place except the economic system then bitcoin will do great and if everything more or less remains the same including the current economic system bitcoin will do great.

But if we really see an armed conflict that escalates to the point of WW3 then bitcoin is going to be banned and anyone that has anything to do with it will be most likely arrested or at least investigated, and that is one more reason to never reveal to anyone that you are holding some bitcoin, and at that point bitcoin will become useless.

[yulionoo]

most people certainly do not want a third world war to occur because war will result in destruction and loss. and in my opinion bitcoin can reach a value of $ 20k without war. and in my opinion also there is no need for war to legalize bitcoin. if the government of our country is aware of the benefits of cryptocurrency then they will legalize bitcoin. therefore we must always promote bitcoin and cryptocurrency.

[Duzter]

No more war is necessary, right now peace prevails everywhere. To overcome economic issues US tries to take control of Iran. There is nothing as war, and bitcoin isn't gonna make any progress out of wars. Bitcoin will get back to $20k+ value on its own when the market is supportive. In recent days more countries have got into inflation. This has caused more people to get into bitcoin to safeguard the earnings.

[Images21]

Shall we go back to this topic? I think we are already done with this talks of WW III. There is no such thing coming in the next few decades at least. Don't worry about that $20k price of Bitcoin, we will get that with or without WW III.

[gabbie2010]

Shall we go back to this topic? I think we are already done with this talks of WW III. There is no such thing coming in the next few decades at least. Don't worry about that $20k price of Bitcoin, we will get that with or without WW III.

The tension that had been brewing between USA and Iran had been doused, I was scared during the crisis my fear was that the crisis might escalate into full blown war WWW III while some bitcoin enthusiasts are after how it price is going to pump  to 20K not minding the lost of lives  and wanton destruction of properties as a result of the war.

[BigBos]

No more war is necessary, right now peace prevails everywhere. To overcome economic issues US tries to take control of Iran. There is nothing as war, and bitcoin isn't gonna make any progress out of wars. Bitcoin will get back to $20k+ value on its own when the market is supportive. In recent days more countries have got into inflation. This has caused more people to get into bitcoin to safeguard the earnings.

I also believe that the potential of bitcoin can reach the price of $ 20k due to its own development, not from war. but, the thing to think about is, if things get worse, and unwanted things happen, bitcoin will be the main choice in transactions and also save assets, it will trigger an increase in price. I don't expect war will happen, but if it does, the most useful transaction tool is bitcoin.

[rodskee]

the issue died now and there are no news about that so called WordWarIII again(or maybe just in our local media because its been weeks now that i am not seeing any update from Iran's retaliation)
but talking about the POint of Bitcoin reaching $20,000 again just because of being main currency in war?well bitcoin can surpassed that amount even without war so lets not exaggerate things specially when talking about negative issues.

[arwin100]

the issue died now and there are no news about that so called WordWarIII again(or maybe just in our local media because its been weeks now that i am not seeing any update from Iran's retaliation)
but talking about the POint of Bitcoin reaching $20,000 again just because of being main currency in war?well bitcoin can surpassed that amount even without war so lets not exaggerate things specially when talking about negative issues.

Both countries decide to not continue the war that's why it's no use for the war topic to discuss now since this scenario won't happen anymore and even if there's no demand from wars or whataver chaos still we can provably see the potential for Bitcoin to reach for $20k since we experience that already and might we gonna surpass that level if the demand will grow and globalization will spread more.

[ultrloa]

No more war is necessary, right now peace prevails everywhere. To overcome economic issues US tries to take control of Iran. There is nothing as war, and bitcoin isn't gonna make any progress out of wars. Bitcoin will get back to $20k+ value on its own when the market is supportive. In recent days more countries have got into inflation. This has caused more people to get into bitcoin to safeguard the earnings.

I also believe that the potential of bitcoin can reach the price of $ 20k due to its own development, not from war. but, the thing to think about is, if things get worse, and unwanted things happen, bitcoin will be the main choice in transactions and also save assets, it will trigger an increase in price. I don't expect war will happen, but if it does, the most useful transaction tool is bitcoin.

when news of the war yesterday, Bitcoin had experienced an increase, I do not know for sure whether the increase was from the war between Iraq and the United States or indeed Bitcoin is time to wake up, indeed everyone certainly does not want war, it is terrible if it happens

Just because of hype but suddenly it subside instantly when people now that those news are not true and I believe there are so many people got trap for that time since suddenly the price got dump when I think correction hit in the market. But let's not see this thing as indicator and hope war will not happen to any country since it's totally bad for overall economy.

[Images21]

Shall we go back to this topic? I think we are already done with this talks of WW III. There is no such thing coming in the next few decades at least. Don't worry about that $20k price of Bitcoin, we will get that with or without WW III.

The tension that had been brewing between USA and Iran had been doused, I was scared during the crisis my fear was that the crisis might escalate into full blown war WWW III while some bitcoin enthusiasts are after how it price is going to pump  to 20K not minding the lost of lives  and wanton destruction of properties as a result of the war.

Because some people are unnecessarily desperate for Bitcoin to rise quickly. Why can't they wait? We will get there sooner or later.

And I don't think it is the only for Bitcoin to rise; the wars that are more costly than beneficial. And even with that war going full-blown, are we even certain the price of Bitcoin will rise? We are not.

[Russlenat]

Bitcoin will certainly boom because people knows what to do to safeguard their money.

The fact that bitcoin is accepted in almost all part of the world, that would make people wants to own it in case their currency will inflate or not anymore usable. Good thing crypto or bitcoin was invented, it gives security for people who are living in a world where economy has a problem or will face a possible problem.

[1Referee]

And even with that war going full-blown, are we even certain the price of Bitcoin will rise? We are not.

People hoping for wars and recessions to see Bitcoin's price go up are retarded. We have a decade of history telling us that Bitcoin thrives extremely well when the regular markets thrive well, so why hope for doom scenarios to play out? I'm pretty sure that most of the people hoping for doom scenarios to play out own like 0.1BTC and hope it goes up x1000......

People are far gone. Bitcoin's price will be sold down so hard during a recession that people wish they just held on to their 'scam' fiat monnies. Nobody wants to hold a bag of a risk-on asset that has done multiple 80-90% crashes with thriving legacy markets. I certainly don't want to be left holding a super-mega-heavy bag during an actual recession.