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Author Topic: Bitcoin will be main currency during WW III, and back to $20k ?  (Read 474 times)
Aying
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January 24, 2020, 11:46:50 AM
 #41

If WWIII happen, I think no currency will be main because we know bitcoin need internet to be useful and the country affected by war has no more uses in any different kind of currency so the not affected area will be benefit on the war happens. so basically, bitcoin will be main in other country that support cryptocurrency uses and they will benefit on this battle happens not the affected country.

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January 24, 2020, 12:03:19 PM
 #42

If WWIII happen, I think no currency will be main because we know bitcoin need internet to be useful and the country affected by war has no more uses in any different kind of currency so the not affected area will be benefit on the war happens. so basically, bitcoin will be main in other country that support cryptocurrency uses and they will benefit on this battle happens not the affected country.

Thinking that the internet will stop working during a world war is delusional. I don't believe there will ever be a large scale country world war, like we experienced it through WW1 and WW2, however we will have several proxy wars fought by para military units and groups, who are supported by a specific country without wearing their banners.

Society is exhausted of wars and no human would support or go to war by him/herself. And I truly hope that small scale countrys start to adopt a little bit in crypto currencies so we truly have some kind of escape area when the big governments (europa / usa) start to go after our money after the next halving.
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January 25, 2020, 04:12:15 AM
 #43

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...... Roll Eyes

They may be.  Grin

What is even funnier is that they think the price of Bitcoin will increase. And in what terms? Still in terms of fiat. Funny people. If their 0.1BTC will go up x1000 in times of war, is that 0.1 BTC x 1000? Nope. It is still 0.1 BTC only x1000 in terms of USD. And what if in that war USD is already losing much of its value or even dead? 0.1 BTC will still remain 0.1 BTC.  Grin

 
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January 25, 2020, 05:02:50 AM
 #44

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...... Roll Eyes

They may be.  Grin

What is even funnier is that they think the price of Bitcoin will increase. And in what terms? Still in terms of fiat. Funny people. If their 0.1BTC will go up x1000 in times of war, is that 0.1 BTC x 1000? Nope. It is still 0.1 BTC only x1000 in terms of USD. And what if in that war USD is already losing much of its value or even dead? 0.1 BTC will still remain 0.1 BTC.  Grin
There are too much thing to be think first and if WW happened, i think to access bitcoin is something that hard to do by people. World war is not simple things and not a funny thing to make advantage from because it can affect to us too.

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January 25, 2020, 07:14:11 AM
 #45

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...... Roll Eyes

They may be.  Grin

What is even funnier is that they think the price of Bitcoin will increase. And in what terms? Still in terms of fiat. Funny people. If their 0.1BTC will go up x1000 in times of war, is that 0.1 BTC x 1000? Nope. It is still 0.1 BTC only x1000 in terms of USD. And what if in that war USD is already losing much of its value or even dead? 0.1 BTC will still remain 0.1 BTC.  Grin
There are too much thing to be think first and if WW happened, i think to access bitcoin is something that hard to do by people. World war is not simple things and not a funny thing to make advantage from because it can affect to us too.

What stated by op is totally a helarious thing about world war, and we don't know what's going to happen if the powerful countries will be clashing. Did he think the effect of war or not? Its not what we see in the movies, but the reality behind the actual situation if you try to visualize. Money isn't important in times of war, you can't use your money even if bitcoin was virtualized currency I guess during war we can't use internet because every facilities will shutdown.
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January 25, 2020, 07:18:17 AM
 #46

Things are back on track and all predictions mentioned by OP went wrong, as neither we have WW nor bitcoin went to 20k$. If bitcoin has to come to mainstream payment scenario then there is only one way for that and that is increase the adoption rate.

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January 25, 2020, 07:40:02 AM
 #47

Why don't we stop with all of these absurd and exaggerated ideas and focus on what we have for real? There is no world war three going on and there will never be a world war three anymore, we are not living 80 years ago where people would basically pick up guns and go to another nation and fight, that hasn't been a thing for a long time.

Even in 2003 which is literally 17 years ago (wow we are getting old) USA basically bombed every single important place in Iraq and only after they were sure there was not many people left collectively they sent out soldiers there, sure there was some fights going on however it was basically guerrilla warfare by Iraq and not a nation vs nation war going on there, 100k+ dead Iraqians vs just 4k dead of USA (and they kept on making movies about how killing all those Iraqis made them feel bad... typical Americans). So long story short if there is ever a war in today's age, it will be with rockets and bombs, that will be super quick and wouldn't escalate into a world war at all.

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January 25, 2020, 10:23:29 AM
 #48

Things are back on track and all predictions mentioned by OP went wrong, as neither we have WW nor bitcoin went to 20k$. If bitcoin has to come to mainstream payment scenario then there is only one way for that and that is increase the adoption rate.

Exactly. Adoption is the one and only thing that will make Bitcoin greater than it is right now. Whatever rise of the price of Bitcoin due to some violent events around the world and the possibility of huge wars and other chaotic developments should not be appreciated. Its growth due to people having no or very few other options to turn to except Bitcoin does not mean Bitcoin is really great. It could only mean Bitcoin is a safe option against fiat but if only there is something else other than Bitcoin it would not be an option.

 
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January 25, 2020, 10:56:32 AM
 #49

i just have speculation , why btc is have a high prices on IRAN area its because they need alternative money.
and so far , world just know bitcoin is the best choice for it, that why price soo high there.
so what happen if WW III happened ?
of course bitcoin is nothing, since all of mining farm will be destroyed, no more internet, no more altcoins.
Exactly because in that kind of moment no one can control of anything, how we can use our cryptocurrency if because of war distroy our places. Hopefully WW III will not happen so all of us have peaceful life.,but of course no one can tell what happen in the future so as of now that we can use our cryptocurrency grab the opportunities as you can.

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