If there is a war between the US and Europe, Bitcoin will hit $1 billion

[DashingAgent]

If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

[Tytanowy Janusz]

Have you taken the pill today? because you are really going crazy here. What US vs EU war? what for? You know they are both in NATO? You know that Europe is not a single country? What does a tank driving in france have to do with whether a bank with headquarters in new york and servers around the world is able to operate?? a nonsensical thread considering a near-zero probability scenario

[Majestic-milf]

 Whatever gave you the thought that there'd ever be a war between the US and Europe? And don't you think hell would have to freeze over before the government ever resorted to using Bitcoin? Maybe you need to wake up from this daydream of yours. We really want Bitcoin to gain ground and let the Govt give it a break but this is quite a funny way to approach it.

[Oshosondy]

We do not want war, we want peace.

I do not think a man can think of war to think that bitcoin price will increase more. Without war, bitcoin price has been increasing. The price was less than $1 in 2010 but now worth more than $40000 as of today.


Without war, bitcoin remain an asset of value.

[SquirrelJulietGarden]

Like this prediction?

Balaji Srinivasan Explains $1M Bitcoin Bet Rationale, Says Could Take Longer Than 90 Days.

If Bitcoin can skyrocket to $1M, there would be something really massive happens globally and in such scenario, $1M will not have too much purchasing power. Your prediction is $1B and the scenario for it too happen is a World War III. Honestly, who is living on Earth want to see a World War III?

I will wish that Bitcoin will not hit $1B but there will be no World War III in my life time.

[cryptoaddictchie]

Well theres plenty of way to make that goal without using war isnt it. Thats a pretty bad omen or wishful thinking. War is inevitable but as much as possible I wouldt rely on that aspect. It can boost the currency of bitcoin but that isnt good way to boost it. Though it will literally help increases as investment on shares or stocks might flop due to war and tend to crypto instead as hedge fund. But a no no no.

[stompix]

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin,

Oh yeah!
Once all banks are closed people will rush to buy Bitcoin with...what?
Reminds me of that Cyprus crisis when people who had their accounts frozen where supposed to use that money to buy BTC!

But seriously 1 billions people at war, 50% of the world GDP at risk and you think magically 18 trillions will fly into BTC?
How delusional can some be?

This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions.

With countries at war bombing and killings each other, why would you want to send money to the other side?
How many users use bitcoin to
- send money from Ukraine to Russia?
- send money from Israel to Iran?
Bitcoin touches a new high price and suddenly people are having a field day smoking whatever fails in their hand, even if it's lead paint.

[retreat]

If there is a war between the US and Europe, Bitcoin will hit $1 billion
-snip-

Why are the US and Europe at war anyway lol. And what's more, the war made the price of Bitcoin reach 1 billion USD? too much nonsense here. You should learn more about war and how it impacts the economic world, then you can understand that war will only destroy the economy and it will have a huge impact on the investment market, especially cryptocurrency.

[benalexis12]

If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

Are you okay? It's like you forgot to take your medicine, friend. If others are predicting that it will be 5 million dollars per bitcoin, and of course before that happens, it will take several decades, and we don't know if we're still alive, then now you say it will be 1 billion dollars per bitcoin.

As you said, are you sure that all the banks will buy Bitcoin immediately? You must have a credible source link to hold on to so that other people believe what you are fighting for, even though I know that is just your assumption.

[Faisal2202]

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

Your prediction is so impractical because if a war starts between Europe and the US, not only banks will be affected. Most of the BTC nodes and Mining rigs are also placed in these two countries, so they will be affected by this war too. This means we might see fewer miners on the blockchain network but transactions might exceed the normal usage. Because banks will be closed and to make transactions they have to use something. However, due to fewer processing systems in the BTC blockchain, the network will become congested.

And we have to wait so long for our transactions to be confirmed. But in this scenario, the price of BTC will increase but it is so unlikely for BTC to reach 1$ billion because 1$ billion is not an easy target even if there starts a war and everything goes like you said, BTC will not touch that target.

[cabron]

I don't know if they are up to that I'm sure there is something to fight about. But EU has more problems with Russia than with US.

But even if let's say one rogue country from the EU starts unloading warheads, $1B/BTC looks too much to achieve. They will stick to buying Gold as you can see how much gold has been pumped in weeks. For governments, it is always gold that backs money.

[AnonBitCoiner]

If bitcoin increases in price due to war then we don't need such increase because war is not an event or anything else that will just increase the price of bitcoin and will then stop but because of war the economy of every country disturbed and the life of humans are in danger. Bitcoin price can also be increases without the need of war so why we always think negatively for increasing bitcoin price as good news and good events possess the power to boost the price of bitcoin as is happening these days and bitcoin reaches to the value of 42k$.

[ZAINmalik75]

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

If 1 BTC is worth $1 Billion then the number of billionaires on earth will increase just like the number of millionaires are increasing now. And the upper people sitting in finance don't want it because they don't want lower class people to go up using this technology even if many already reached the step of $1 million dollar using this technology but the gap between $1 million to $1 billion is not small.

There is no way that BTC could reach that point because to touch that point millions, billions, trillions of money should be added in BTC's market cap. As of today market cap is around $815 billion and in my opinion, the market cap should be around $20 trillion for BTC to touch the $1 billion target per coin. And gaining a $20 trillion market cap is not an easy thing.

In the war other than banks many other sectors of life will also be destroyed and not to mention that most of the nodes are in these regions and if the electricity is gone due to war and no internet will be provided or if mining machines will be destroyed in the war, then the network will become more congested and speed will be slower than before.

[boumalo]

If things are good and regulators are not fighting bitcoin too much, some of the wealth created goes into btc and people having btc don't sell.

If things are bad AND they print a lot of currency, the nominal price of btc will rise but it may not buy more stuff because we'all be poorer as a result of money being spent on war and destruction. It will only partially protect you to be in btc or gold.

[Kelward]

Without war, bitcoin remain an asset of value.

Precisely bitcoin doesn't need war to be a dominant currency, it's a valued decentralized digital currency, so with time it'll take it's rightful place at the top. The adoption is increasing everyday, individuals, corporate organizations and countries are accepting it because it's a valued asset.

I think perhaps what  the OP meant was if there is financial instability in Europe and America, bitcoin will hit $1billion, it shouldn't be because of war, because no reasonable person will want bitcoin to dominate because of war. Bitcoin and fiat can coexist, no need for one to extinct so the other will dominate.

[Mrbluntzy]

If there is a war between the US and Europe, Bitcoin will hit $1 billion

I have wrote this reply before but seems your post got deleted but my reply still remain what is written below.

You could also be wrong. Before Bitcoin will hit $1 billion it's not going to happen so suddenly. Bitcoin doesn't need a war between US and Europe for it to sell for $1 billion, if at any time it the future it's actually the time that Bitcoin will get the price you mentioned, it will without war. War is not good, it can have bad effect in the life or people both children and adult and it can also disrupt the economy at that moment. Even if such an unforseen occurrence takes place bitcoin might not even get to the price you are mentioning.

[Yamane_Keto]

A war between two nuclear countries means the end of the world, let alone an alliance between countries, some of which have nuclear warheads sufficient to wipe out the world. Nuclear wars do not have economic gains behind them, and I do not think that we will think about Bitcoin as much as we will think about how to get a safe place and good food and drink, and COVI-19 pandemic has proven that Bitcoin still reacts negatively to negative global events.

[Dr.Bitcoin_Strange]

OP, you are only imagining too much. As far as I can tell, war doesn't create any good impact in the country where it's happening, and there is no reason to feel convinced that a war between the two countries you mentioned will cause the Bitcoin price to surge. Take the example of the Ukrainian War. What impacts did it have on the price of Bitcoin? What effect did the pandemic of 2020 have on Bitcoin? I know that if Bitcoin continues to exist, it will definitely reach $1 billion but if it will swiftly get there, its if their is any positive global event that has taken place, otherwise it will be a gradual growth.

[Sunderland]

If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

I don't know what pill you ate last night but with your scenario (banks will quickly print dollars and euros to buy cryptocurrency), even if it really happens then the USD and EUR will be worth same as the Zimbabwean dollar in 2006 where Z$1, 000,000 = 1 USD or maybe worse.
We havent talked about what will happen after the Nuke war yet.
So, forget to become a rich guy with this scheme or the theory that 1 Shiba Inu will become $1 on your previous thread.

[electronicash]

EU doesn't have the appetite for war. but it's not gonna send BTC to $1B if they are at war. but i may also think the price will rocket up tremendously as everyone will be trying to save up their wealth for safety while the governments turn dystopian forcing citizens to join the war.

but would you want to have a war because you want the BTC price to go $1B? it sounds very selfish.