Affection of War to Bitcoin?

[aioc]

We can forget about this technology when World war 3 happens, but all these leaders know the bad effects of world war 3 and we will have a global recession, all the powerful countries will see to it that it will not happen, China is enjoying itself as a global economic power, he don't want something that will escalate to world war and so are the European nations, they will do all they can to prevent this.

[Bim abk]

We can forget about this technology when World war 3 happens, but all these leaders know the bad effects of world war 3 and we will have a global recession, all the powerful countries will see to it that it will not happen, China is enjoying itself as a global economic power, he don't want something that will escalate to world war and so are the European nations, they will do all they can to prevent this.

World War indeed makes technology like today probably won't work much, if war happens surely all countries increase their security in any sector. I hope that war is really not happening at this time, and it is better for peace to continue and I would prefer to see a battle that more shows the greatness of a country in the form of technological and economic competition.

[alexeev.tosha0109@yandex.]

“I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.” ― Albert Einstein
This is exactly about WWIII affection on Bitcoin. Cryptocurrency doesn't need the war for its promotion.

[TastyChillySauce00]

although the price of bitcoin in Iran as of now inflates like crazy but it is because people think they could temporarily save their wealth and consider it as safehaven for the time being but I agree, if WW3 really happen food and shelter will become priority and people dont care about crypto or whatever. in addition people will try to stock food as much as they can and probably liquidating all their assets. money become less relevant if there is no food to survive after all.

[Eclipse26]

If World War III occurs, not all country will be involved in that war. Mainly just the US and Iran and their big country allies like China and Russia. So it would be like a war between strong countries. And normal citizens there, wouldn't care first about having so much money. What will matter first is their safety and survival. Their people as well don't want war so I think WWIII won't start that easily unless both government officials would piss each other. WWIII sill aslo be a big issue in crypto and can affect bitcoin but people affected by the war wouldn't priorities crypto.

[Rosilito]

It remains to be seen, but I'm really, really hoping this situation can be de-escalated.

I hope the same, but I don't think Trump are going to back down from his actions, and I bet he knew the consequences of his actions more than us. Well he just threatens Iran that they will hit 52 targets if Iran are going retaliate over the death of General Qasem Soleimani.

Going back to the topic, I don't think bitcoin network, electricity and the internet itself are just going to shutdown right away.

Considering this idea:

But if this war never escalated up to that point, there's no shutting down that would happen. Market would just crash. You also have to understand that internet is decentralized, as well as Bitcoin's network. It's a mesh network, and a shutdown on a specific place would not affect the others, it would continue to run, with or without those affected servers, if that location/server ever finds an alternative route of data to be accessed. Bitcoin would only shut down if each and every node is destroyed.

I agree to this man. And besides, Internet is totally widespread, we may not be aware of but there might be some new way of sending data with or without putting such long cables under water.

And if so the war still continue, and if there might be a little of chance of us getting killed/involved with this potential war, survivors who are going to restart civilization, there might be a chance that one of 'em is a crypto enthusiast.  

[Murat]

World War 3! Don't say that again, It's not for the welfare of the human being, it's a curse for us so do not think about it, If this war will occur in the coming days then we are going to kill ourselves by many reasons, It's the age of nuclear, it's an age of technology and it's an age of cryptocurrency, so by any means, world war 3 will vanish our structure because a lot of countries are holding nuclear bombs, But I think no one country or people don't want this much of war again because we have seen how much destruction occurred during the last two world war.

[Youghoor]

When world war III kicks off, nobody will have the time to think of cryptocurrencies or bitcoin. People will be running for their lives rather than thinking about the current price of bitcoin. Bitcoin and cryptocurrencies will be very useless during that period and there will not be a good internet services for bitcoin transactions if someone thinks of making a transaction.  It will be better we pray that world war III doesn't happen.

[Darker45]

I'm neither too young nor too old and I think I won't be seeing a world war in my lifetime. Not even:

...when the US and Iran have a massive war...

I think if it will only be between Iran and the US, it will not be a full-blown war. Iran will be flexing all her muscles while the US will only lift a finger and we still know which side the tide will favor. This will just become another rape case in the Middle East, a total annihilation against a helpless opponent.

If a world war will erupt, everything will be cleared to the ground. It is certainly going to be a nuclear war. The world might be seeing a total reset and not even Bitcoin will survive. There is no point talking about the price of Bitcoin when the whole of Earth is turning into a Chernobyl.

[seandiumx20]

It's not just going to focus on Iran and the US, this war may get big, the US and Iran have their allies on their own, so it's not a one-sided fight. Yet I think it's very difficult to do World War 3, some of the countries are now sustaining world peace. Bitcoin's going to have a lot of affection for this fight, we're not sure if it's going to rise. The only thing that matters when there's a war is security because there's a lot of people going to die on it for sure. We're not sure if it's going to go to World War 3, but it's scary in fact. I doubt that the people of South-East Asia will join the war because they lack good armies.

[finaleshot2016]

Well, yes you guys have a different perspective on this situation and I guess there's nothing wrong with my perspective since it's my opinion only.

I think if it will only be between Iran and the US, it will not be a full-blown war. Iran will be flexing all her muscles while the US will only lift a finger and we still know which side the tide will favor. This will just become another rape case in the Middle East, a total annihilation against a helpless opponent.

We aren't sure if that will gonna happen since advanced technology is growing vastly, which means there are more advanced weapons that can instantly cause massive destruction. They have allies also, which is Russia and many more that can do that for them when needed.

I doubt that the people of South-East Asia will join the war because they lack good armies.

It might be true, the Philippines doesn't have good weapons even strong helmet and bulletproof kevlar. 
Gonna change the thread subject to "Affection of War to Bitcoin" since it is true that it's very far away to have WWIII.

[Blitzboy]

I think if it will only be between Iran and the US, it will not be a full-blown war. Iran will be flexing all her muscles while the US will only lift a finger and we still know which side the tide will favor. This will just become another rape case in the Middle East, a total annihilation against a helpless opponent.

We aren't sure if that will gonna happen since advanced technology is growing vastly, which means there are more advanced weapons that can instantly cause massive destruction. They have allies also, which is Russia and many more that can do that for them when needed.

This is clearly a meaningless war that Trump is creating, but Iran is too weak to fight, even though they have allies, but I think there is no fight from their allies. Russia or any other country will not fight. All did not want to lead to a big war.

I doubt that the people of South-East Asia will join the war because they lack good armies.

Southeast Asia is a peaceful region where there is no war, although they are truly militarily weak

Gonna change the thread subject to "Affection of War to Bitcoin" since it is true that it's very far away to have WWIII.

I have not see a perspective of World War III, it's all just an exaggeration of everyone

[Lecam]

What's going to happen to cryptocurrencies or specifically bitcoin if World War 3 is going to happen? That's the first issue I think pop-ups because of a lot of headlines about the US-Iran war.
If you want to read the information where did it started, here it is:

• Crowds gather in Baghdad to mourn military leaders killed by US airstrike

The government will usually focus on manufacturing in war materials in the war culture, and most likely some countries' economic status will go down and some will go up.

I think this war's effect for the cryptocurrency is when the war ruined the internet, which is the global network, where even the cryptocurrency is reliant on most citizens. Most of the business we're running on the internet today, all of the company's important files are also uploaded to secure internet storage. The internet is the most powerful invention and most of the devices today rely on the power of the internet. Due to the internet, even the blockchain network is processing because there is no possibility that the chain network will run on its own without the internet.

• Is it possible for a blockchain to function without the internet? - No!

Basically, this proves that; No Internet No Blockchain

I'm not finished yet...
Basically, if there's a war, most people will die, do you think they're going to end up thinking about their cryptocurrency investments? No!
The importance of cryptocurrency at that time will actually fade and the market will fall. All of the people will just worry about the biggest problem which is the war.
Okay, all this was my view only when the US and Iran have a massive war so what's yours?

If world war 3 gonna happen once internet got affected in to it bitcoin will gonna die because we all know that electricity and internet is most source of bitcoin. So if that happen bitcoin will stop and no more can use there bitcoin and no one can trade bitcoin will be stop and no more use. I think many are worrying in that time and many are getting to sad.

[boris singer]

the trigger for world war is that there is no longer a peaceful path between the two parties who have their respective allies. When discussing continuing tensions between the US and Iran, it will be the same as the previous US and Afghanistan polemic, the impact of the tension does not spread throughout the world. What I read yesterday was the anticipation of the conversion of assets into bitcoin before the tension became more complicated, whatever happened, only to hope to be able to withdraw assets with the same value when finally conditions returned to normal.

[theskillzdatklls]

Basically, if there's a war, most people will die, do you think they're going to end up thinking about their cryptocurrency investments? No!
The importance of cryptocurrency at that time will actually fade and the market will fall. All of the people will just worry about the biggest problem which is the war.
Okay, all this was my view only when the US and Iran have a massive war so what's yours?

During World War 2, gold was in huge demand as it was portable money that was accepted everywhere (whereas fiat from one country might not be accepted in another).

Many jewish people got out of Germany carrying some gold on their person - they were forced to sell their property for a fraction of it's worth, so basically in a crisis like that, gold was the only asset worth having because you could hide it and carry it with you.

I'd say bitcoin functions in the same way (in that you can exchange it anywhere in the world).

Regarding "the internet going down" - it was designed to work even if some cables get cut off and even if electricity is down in some areas. You would need to take down electricity all over the world and cut the cables all over the world, for the internet to go down. Which is extremely unlikely.

I've never been a believer in this gold = BTC thing. I think they are extremely different, honestly about as different as hard currencies get. And if I had to speculate as to what would be more valuable in 1000 years from now, an equivalent amount of gold or BTC, despite being a huge BTC bull I think it would be suicidally stupid to guess BTC.

The fact that gold was hoarded only proves my point further torwards hard assets. Of which I don't think Bitcoin is "hard" yet. It's survived a decade, that's great, but it'll need to do quite a bit more to be the safe haven asset that gold is.

[bering]

Some of people predict if world war 3 happens then it will be the biggest war in the world because weapons technology will be very sophisticated so the impact for the countries itself will be very high and in my view because chaos everywhere then people only to thinking how to survive from this war so probably they never thinking to save their bitcoin or their wealth because their life is more valuable than bitcoin itself so i predict the effect of world war 3 for bitcoin is can makes bitcoin useless because people too concern for their life

[Alhamza24]

https://www.coincurb.com/news/bitcoin-price-jump-after-us-attack/
Bitcoin is a decentralized currency, US and Iran conflict won't have much impact. Plus Iran market is too small and slow to effect Btc price.

[russel123456]

I don't think that both countries will play for full-fledge war instead proxy war or enterprise war. It Will not arrange thrid world war..This type of war will not affect over the crypto and blockchain industry.

On the other hand, if us and Iran are start war then it will not  affect over bitcoin or crypto industry.😉😉

[Savemore]

Some of people predict if world war 3 happens then it will be the biggest war in the world because weapons technology will be very sophisticated so the impact for the countries itself will be very high and in my view because chaos everywhere then people only to thinking how to survive from this war so probably they never thinking to save their bitcoin or their wealth because their life is more valuable than bitcoin itself so i predict the effect of world war 3 for bitcoin is can makes bitcoin useless because people too concern for their life

We do not yet know what will happen to the price of the bitcoin if the war happen but one thing is sure there is an impact to the cryptocurrency market we do not just know if the impact is great or just small. Cryptocurrencies are mostly decentralized so there is no government that backed the cryptocurrency and also there is no government or insitutions who can control it.

[Polar91]

No one is totally owning the internet or having the most power over the internet as it is based solely on our discretion to believe things and propaganda that people are telling the world via internet. Though, the safest way to store our money basically is the internet, I believe there will be a time where banks could be shut of and cryptocurrency would be a great help to sustain living, or if internet could be compromised because of the war, it is because the ISP's aren't working anymore, thus, it will still serve to keep our money on the network and will be considered as the most reliable storage of our bitcoins.