The WW3 trending topic on Twitter after U.S airstrike kills Iranian General Qassem Soleimani by direct order USA President Donald Trump.
What will happen with Bitcoin and Crypto if World War 3 begins?
Why do you even call this "World" war, who else is being involved besides US and IRAQ(N?)
I had an acquaintance that proclaimed WW3 started at 9/11, however after that we just saw the US bombing Afghanistan and later Iraq, maybe there was some NATO support i forgot at this point.
This last event just looks like more of the same. Too many years without bombing someone somewhere is maybe bad for military weapon business, besides the US needs to get rid of old stock.
I don't even know who that guy was or why Trump ordered his assassination. When i learned about this "news" i was more or less: "The US as usual". Don't involve the world in American matters.
I'm sure i answered your question somewhere already, but in case you wanted it here, the answer is: Nothing. Bitcoin is unaffected by the economies of the involved parties. In fact you could say Bitcoin is unaffected to the World's economy, unlike fiat coins. So there could be more demand when the world economy struggles, not unlike precious metals, but that happens with or without wars anyway.
Some could say wars fuel the US economy, so Americans might want to sell their coins to invest in military weapon related companies. The Iranians or Iraqies would go into Bitcoin maybe to keep their purchasing power, if their country is attacked their (already bad) fiat would plummet. And its very convenient in case they flee the place.
In the meantime the rest of the world will continue business as usual, and not get involved. So calling it "World war", is arrogant at best. Indeed, the "World" doesn't spin around the USA.
