2024 & Prediction of World War III - Effect on Cryptocurrencies

[Call_Me_Guru]

As 2024 approaching many predictions has been made about economic crisis that will shake the world with many countries rising up to fight against one another

If these assumptions/predictions are to be true then what will be its effect on cryptocurrency most especially Bitcoin. As we know during war, economic activities are always grounded where many will be thinking only about their survival in terms of living than economic dealings and gains

Was recently discussing with a friend who is of the opinion that since Crypto/Bitcoin is a digital kind of money it should not be affected by any natural disaster or war but for me I believe it will be affected since crypto/Bitcoin is striving because people are making use of it and if these people are affected by war, which will disrupt flow of doing things the normal way, then crypto will die a natural death at least for that period.

Although we both agreed that even if there would be a World War III, participating countries will not be more than 6 going by previous wars but these countries will be economic powers that can/would ground economy of others countries depending on them. Hypothetically, say Russia, it might be difficult to pump oil to neighboring countries and other countries abroad that depend on them for their survival and might not be able to power countries including  Satellites and Base stations (BTS) to generate data. Without data, cryptocurrencies will be useless as there would be no trading of any sort for that period.

Will like to know your view on these as 2024  prediction for Bitcoin, Ethereum investment is encouraging and we don't want anything to truncate this flow. For me I believe there won't be any war significant enough to affect investment in Cryptocurrencies.

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[Solosanz]

Although we both agreed that even if there would be a World War III, participating countries will not be more than 6 going by previous wars but these countries will be economic powers that can/would ground economy of others countries depending on them.

Let's check the definition of world war.

A world war is an international conflict that involves most or all of the world's major powers.

My question is how you can be sure there will not be more than 6 countries? do you have a crystal ball?

Right now the conflict Russia vs Ukraine and Israel vs Palestine are still happen until now, next we might see North Korea vs South Korea, Taiwan vs China, US vs China etc anything is possible.

If that happen, many people will find a way to survive instead of thinking about Bitcoin price.

[icalical]

Although we both agreed that even if there would be a World War III, participating countries will not be more than 6 going by previous wars but these countries will be economic powers that can/would ground economy of others countries depending on them. Hypothetically, say Russia, it might be difficult to pump oil to neighboring countries and other countries abroad that depend on them for their survival and might not be able to power countries including  Satellites and Base stations (BTS) to generate data. Without data, cryptocurrencies will be useless as there would be no trading of any sort for that period.

If the war only broke on one area either potentially Russia or Middle-East then maybe only 6 countries will participate, but if an open war happened in both area of Russia and Middle-East, I doubt there will be only 6 countries, it will be more, most of European Countries will be forcefully involve in the war, because they are squeezed by both northern and souther conflict.

Not only Bitcoin economic in general will be affected, and I think it will be worse than the last Bitcoin Bearish, or economic crisis caused by covid.

[pooya87]

It depends on how you defined a World War and its scale.

I believe it was Einstein who said "I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones". In this view the next World War will include nuclear weapons which could be categorized as an extinction level event, in which case there is no humanity left to want cryptocurrencies.

There is another view on how World Wars are categorized and in that category we're already fighting World War 5 (started on 2020 and will last at least till 2050). I'll skip the details but I can expand on this categorization if you like.

WW5 will be the same as 3 and 4, will be fought in many places (like the ongoing war in Ukraine, Palestine and Red Sea, South America like Venezuela, Africa like Niger/Algeria/Morocco, East Asia like Taiwan, etc.), will also include more cold wars and proxy wars.
It's effect on the economy, food and energy markets will be seen each time the conflicts intensify as we've seen over the past year (worsens as conflicts intensify). Then it will indirectly start affecting other markets like bitcoin's. For example we saw how the recession put a sell pressure on bitcoin price and caused a crash and then how inflation which has been acting against it could bring the price back up again as people still see bitcoin as a hedge against inflation.

Basically I'd say as long as things don't get out of hand and WW5 goes the same rout as the previous two we can pretty much expect volatile bitcoin market with more crashes but an overall rally in the long run.

[Lida93]

You don't go chasing rat when your house is on fire so should there be a third world war not just bitcoin that will be immensely affected by the acts of the war but there will be a general economic downturn as people will be concentrated on their survival more than anything else and at that time bitcoin will be the least of their worries during the waring period and we all know what the effect will be on bitcoin and all other cryptocurrencies.

However, I don't see a third world war happening despite how hard the polity is been heated it won't lead to a world war as some people are prospecting. A world war happening the aftermath would subject the entire world into something unimaginable with all of the technological war artilleries in place war shouldn't be something we pray for because a lot of extinctions will be inevitable.

[AmoreJaz]

You don't go chasing rat when your house is on fire so should there be a third world war not just bitcoin that will be immensely affected by the acts of the war but there will be a general economic downturn as people will be concentrated on their survival more than anything else and at that time bitcoin will be the least of their worries during the waring period and we all know what the effect will be on bitcoin and all other cryptocurrencies.

However, I don't see a third world war happening despite how hard the polity is been heated it won't lead to a world war as some people are prospecting. A world war happening the aftermath would subject the entire world into something unimaginable with all of the technological war artilleries in place war shouldn't be something we pray for because a lot of extinctions will be inevitable.

if we happen to witness another world war, definitely, people have different concerns and it will be their survival. btc will not be their priority to look at. they have more pressing matters to attend to, welfare of their families and all. if there will be no net connection, crypto and other digital currencies won't matter. it will be cash and foods that are necessary to survive.

and i don't think that will truly happen because in today's leadership, they won't permit this to happen. the catastrophe will be disastrous as we have sophisticated armaments/weapons already. quite dangerous to human existence.

[STT]

People jump to a world war a bit too much as if its inevitable or the next in the series of sequels much anticipated like a movie franchise or something.    Wars can be quite bad enough without involving every continent of the world in throwing explosives at each other.   Just predicting a war within a region is a bad enough occurrence, the most obvious one recently was a new war in Europe thats a bad enough prospect because a million can easily die even if only 3 countries were involved.  
  The middle east conflict around Israel seems to be a continual loop across generations on and off active or in a cold war type scenario since ww2 almost.  For as long as I can remember it was just civilians being shot both sides, so more like a civil war is how I class that as civil war is said to be the worst in that consideration.


First way to notice elevated levels of war is all the war stocks and companies start to do very well in the constant expenditure by countries on military budgets.   Doesn't have to be active participants just countries and armies nearby building up defenses is many billions and trillions spent that could have been used to keep people alive instead.    Crypto is included in war games when conducted by the defense ministry I believe all questions around banking and any possible attack on a country or their economy is considered so crypto is in that picture.

[Argoo]

First way to notice elevated levels of war is all the war stocks and companies start to do very well in the constant expenditure by countries on military budgets.   Doesn't have to be active participants just countries and armies nearby building up defenses is many billions and trillions spent that could have been used to keep people alive instead.    Crypto is included in war games when conducted by the defense ministry I believe all questions around banking and any possible attack on a country or their economy is considered so crypto is in that picture.

Russia's military attack on Ukraine showed how fragile the peace on our planet is. We see that international organizations, which were created so that large military conflicts do not arise, and if they do arise, so that they are quickly ended, practically do not fulfill their functions. Russia has been waging a war of aggression against a neighboring state for almost two years now and, despite UN decisions, continues to ignore even the laws and customs of war.

That is why many states are now strengthening and rearming their armies, and the arms race is gaining momentum. At the same time, other states with an aggressive policy see the impunity of the aggressor and also hatch plans for invasions of weaker states. Therefore, World War III is quite possible even in the near future. If most states are drawn into it, cryptocurrency may simply cease to exist. Everything will depend on the scale of the war and the scale of destruction it causes. After all, cryptocurrency is completely dependent on the availability of the Internet and corresponding technical devices, which will not work not only during a global war, but also after it.

[CODE200]

If there's a possibility of a WW3, we will probably see the annihilation of the human civilization, WW3 will probably see the launch of nuclear arsenals that will definitely wipe out the humanity so if this happens this year, we will probably not worry about bitcoin or the economy anymore because nuclear winter all over the world that will cause famines will be the prevalent thing that's going to happen all over the world so get cryptocurrency out of your mind when that happens because you're not going to see any utility keeping that even in the next 100 years because we're all going to go back to stone age conditions. We shouldn't dwell too much on this WW3 prediction too, it's a fearmongering tactic to distract from what's important which is changing our society.

[btc78]

Honestly the talks of a world war III has been going on since who knows when but until now, no actual world war has broke out not that i am hoping for one to actually happen but the point is the chance of multiple nations going into war is quite slim yes there is a lot of conflicts around the world but not all countries are eager to participate as they are also considering their own statuses

But in case a world war breaks out, of course economically speaking a lot would be in poor state they might not even have the chance or access to the crypto market as the war goes on not to mention that people would probably start pulling out their investments due to fear or financial scares

[Ucy]

Ofcourse, 2024 will be a really turbulent year for the world, but that, coupled with other factors would benefit crypto alot.
 We are still in the early stage of the turbulence, so I expect a massive correction/crash, down to a solid ground to enable the Bitcoin/crypto take in enough energy/fuel that can effectively power the price up to new highs in the main stage of the turbulent year.

[Zlantann]

If these assumptions/predictions are to be true then what will be its effect on cryptocurrency most especially Bitcoin. As we know during war, economic activities are always grounded where many will be thinking only about their survival in terms of living than economic dealings and gains

The war in Ukraine and Palestine has taught me one of my biggest life lessons. From the destruction of lives and property, it became clear that survival is greater than anything you own in life. Properties that took families years to build were destroyed in a twinkle of an eye, but I see them happy because they are alive. I have seen pictures of people celebrating escaping a bloody attack and caring less about what they have lost.  

Was recently discussing with a friend who is of the opinion that since Crypto/Bitcoin is a digital kind of money it should not be affected by any natural disaster or war but for me I believe it will be affected since crypto/Bitcoin is striving because people are making use of it and if these people are affected by war, which will disrupt flow of doing things the normal way, then crypto will die a natural death at least for that period.

The Bitcoin network might survive the war since it is decentralised but it will affect the price negatively. Bitcoin is part of the economic sector of the world, so the price will drop if the world goes through economic problems.

Although we both agreed that even if there would be a World War III, participating countries will not be more than 6 going by previous wars but these countries will be economic powers that can/would ground economy of others countries depending on them. Hypothetically, say Russia, it might be difficult to pump oil to neighboring countries and other countries abroad that depend on them for their survival and might not be able to power countries including  Satellites and Base stations (BTS) to generate data. Without data, cryptocurrencies will be useless as there would be no trading of any sort for that period.

I am not wishing for a world war but you cannot easily predict how many countries will be involved. Many of these economically prosperous nations have allies that might wish to join forces with their ally. Many countries in Europe are reducing their reliance on Russia and have discovered new sources of oil and gas. I don't think satellite stations will lose power because there are other sources of power but they can always retrieve data when the power comes up.  

Will like to know your view on these as 2024  prediction for Bitcoin, Ethereum investment is encouraging and we don't want anything to truncate this flow. For me I believe there won't be any war significant enough to affect investment in Cryptocurrencies.

My prediction for this year is that there will be no world war. If it ever happens,  the war will affect the price but the network might still be operational if they are decentralised. However, the effect of this war on the crypto world will depend on the devastation of the war on the world. WW3 might wipe out a major percentage of the world.

[cakravothy]

World war can happen if the Russian block fights against the US block, in 2023 it was heated up when the ukraine war. but the US did not dare to frontally defend ukraine for war.
And if Israel is the trigger, the fact is that Russia also does not help Palestine.
so the trigger for world war III has no trigger that can become a major war.

so world war nothing and never in 2024

[tyz]

Since I've been active here in the forum (and that's a few years now) there have been predictions here almost every year that the next world war will break out in the coming year. This was particularly topical after Trump's election in 2016. I don't understand people's fascination with this topic because it is extremely unlikely. No state (not even Russia) would be interested in a large-scale conflict at the moment. Even dictatorial states that have a military power (Russia, China, etc.) have an enormous economic interest that would oppose a "big" war.

[Upgrade00]

What effect would a zombie apocalypse have on Bitcoin?

This is the exact same question as asking what would be the effect of a world war, in both situations,.there would be the risk of human extinction. Even if it is fought by 6 countries the impact will be felt directly in every part of the globe. Tools of warfare have advanced far beyond what can be contained to battle fields and war fronts.

might not be able to power countries including  Satellites and Base stations (BTS) to generate data. Without data, cryptocurrencies will be useless as there would be no trading of any sort for that period.

Satellites will be active after a world war.

[Hewlet]

In times of war, as long as your nation or environment is directly affected, even if the price of bitcoin goes up, it wouldn't make much sense to you because their would be more issues to tackle at hand and I doubt that the price of bitcoin would be one of them.

While considering the numerous cases of wars around the world, we can't cease to think that a possible world war can break out, if it does happen, then it would definitely involve more than sic countries and it would be a devastating situation that I would rather not imagine in the first place.

If you've followed the recent Rusia-Ukraine war and the Israeli-Palestinian war and look at it effect on the citizens, you would know that if you're faced with such crisis, your business, investment, carrier or what have you would not even be of any concern to you because the trauma itself is unimaginable and i only wish and pray their wouldn't be a world war.

[rat03gopoh]

Was recently discussing with a friend who is of the opinion that since Crypto/Bitcoin is a digital kind of money it should not be affected by any natural disaster or war but for me I believe it will be affected since crypto/Bitcoin is striving because people are making use of it and if these people are affected by war, which will disrupt flow of doing things the normal way, then crypto will die a natural death at least for that period.

Bitcoin is a currency, crypto/altcoins are business ecosystem and scheme. While the war was going on, business stopped, the currency remained valuable. So, why bitcoin? This money is perfect for financing wars, military aid, arms trade as the western media believes. This means that certain people continue to use it as long as possible.

[Fuso.hp]

It is not unusual to have a third world war due to the war situation of different countries and the way other countries are supporting those countries. World War II caused a lot of damage to the entire world and the United Nations was formed to prevent another world war, but even after all these years of the formation of the United Nations, there is a possibility of World War III again. If World War III takes place, it will not only affect cryptocurrencies, but the effects of World War III will greatly affect the entire world economy. When a world war takes place, the communication system of one country with another country will stop import and export, as a result of which all the countries that are dependent on other countries will be immobilized. 

We don't want World War III to happen at this time, we want peace to prevail in the world.

[hugeblack]

World wars are causes of change with violent and destructive effects, and no one can predict what things will be like after the war, but after the spread of nuclear weapons, countries will be more careful to avoid such wars.
Expectations for the year 2024 are optimistic, as historically there have been many reasons for the price to rise. Therefore, it is assumed that the price will rise and that a break of the old ATH may occur.

[yohananaomi]

Honestly the talks of a world war III has been going on since who knows when but until now, no actual world war has broke out not that i am hoping for one to actually happen but the point is the chance of multiple nations going into war is quite slim yes there is a lot of conflicts around the world but not all countries are eager to participate as they are also considering their own statuses

But in case a world war breaks out, of course economically speaking a lot would be in poor state they might not even have the chance or access to the crypto market as the war goes on not to mention that people would probably start pulling out their investments due to fear or financial scares

agree that almost every time there is a conflict that results in war, it will be suggested that this will be the trigger for the third world war, but until now it has never been proven because every time a war occurs, there will be many countries that do not want to take part, which results in no effect. felt, it could be a prolonged or even widespread trigger.Everyone is also thinking about joining the conflict because the economy is already having difficulties with the COVID pandemic, which has not yet fully recovered to take part in making the conflict worse.
 
No one wants a world war, so if you think about it, it seems difficult for it to happen even though there is always a possibility, but the impact on crypto will clearly be disrupted because everyone will immediately be able to release the crypto; they have to replace it with physical form because when war occurs, it can be guaranteed. The internet will be interrupted, and you will not be able to carry out any transactions.​