2024 & Prediction of World War III - Effect on Cryptocurrencies

[Dave1]

We already have war already, it might not be the very definition of World War, but as you can see, countries are already separated like the last war. So we can say that we are already in the silence kind of war, US, China, Middle East, Russia and others countries already at it.

But we haven't seen the effect on cryptocurrencies, in fact it become a hedge.

However, if you define like a full blown war then surely it might be difficult to transact if infrastructure is down as we depend on the Internet.

[serveria.com]

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.

Frankly, I don't think (I really hope so at least) WW3 is going to happen. Simply because all major players have nuclear weapons and it will lead to a nuclear war and planet Earth becoming totally uninhabitable. I hope world leaders realize that WW3 will put an end on human civilization.

So, cryptocurrencies will be the last thing you're going to think about in the event of WW3.

[Lucius]

~snip~
Satellites will be active after a world war.

Maybe some would survive, because the third world war would certainly not be fought only on Earth, but also in space - given that some countries also have what is called Space Forces, and even today there are weapons capable of disabling/destroying satellites. Given that satellites are the greatest spies and see absolutely everything, any country that would like to gain an advantage in war would certainly try to disable enemy satellites.


However, I wonder what is in the mind of a man who wonders what would happen to cryptocurrencies in the event of a world war - then it all boils down to saving your life, and not worrying about the price of Bitcoin. In addition, in such a war, the internet as we have today would go down in history, because the key infrastructure would mostly be destroyed, and without the internet, cryptocurrencies, as well as any trading that takes place online today, would no longer actually exist.

[|MINER|]

If there is a third world war, the lives of all people in the world will be endangered.  It will affect everything. When a person faces a war, he thinks that living with his life is the most important thing. Then there is no situation to think about investment, profit, loss.  And what to do with money In a war-torn country, even if there is money, there is no stock of essentials and food.  If there is a third world war, it will certainly affect cryptocurrency. But I pray that nothing happens. Such a bad situation does not come to the world.  May everyone live in peace.  Let crypto currency be active. And why should we stop investing by guessing something?  Of course we will invest.

[DrBeer]

Yes, it's a troubling time... International criminal and terrorist Putin's attempts to show his "greatness" by attacking Ukraine had no effect, and even had the opposite effect - the world realized that Russia in terms of military, economy, and influence is a FAKE.
Now Russia is mired and slowly being destroyed on the territory of Ukraine. The next fake election of Putin is at stake, and it is necessary to "cheer up" the public somehow. But in Ukraine Russia has nothing but mountains of corpses of its soldiers. Plus the Kremlin has realized that Western help has also failed to block the hands of Kremlin hand dogs like Orban. Which means they realize that the prospects of a classic war in Ukraine are NEGATIVE for Russia !
Therefore, the likely development of the situation is provocations from the Kremlin, which will lead to a real clash with NATO member states, and the West will most likely choose the path of negotiations rather than fulfill its obligations within NATO, which could lead to nuclear war. Why ? It's simple - for Russia nuclear war is an acceptable option, because Putin and his team are not interested in the lives of Russians, cities, economy of Russia. Russia is a "cannibal" country, a terrorist country, a country that does not honor any obligations and agreements. The West values the lives of citizens, stability. For the West, nuclear war is not acceptable.

[ndutndut]

The currently heated war between Israel and Palestine gives signs that a third world war will occur if it is not stopped immediately. Because if you look at it from the naked eye, this war was only fought by two countries, but behind it all there were many allied countries, and it was clear that the allies of the two countries fighting also had almost the same strength. Several times there have been threats between allies. This is all because of US interference, the war is spreading, Iran, Yemen, Lebanon are involved in conflict, only Egypt and China are ready to fight, and Israel is trapped in their greed.

However, we all hope that a third world war does not happen because there is no benefit, there is only destruction for those who want a world war. Looking back at the history of world wars that have occurred, there were many casualties and property that took a long time to repair. Of course if there is a world war the economy will be paralyzed, I also don't think people will think about the price of bitcoin, they will instead think about themselves to survive.

[el kaka22]

This whole "world war three" topics never made sense to me, I do not think that it's going to happen. Or even if it is happening, it is not really what we think it will look like. We have seen the world go to war with guns and weapons and tanks so forth, we should not wait for something like that anymore. It's more about sanctions and such. Right now there are two wars around the world that gets attention (in reality there are more) which is Ukraine vs Russia and Israel vs Palestine.

We could say that they are all minor compared to a world war, Ukraine is handling their own situation against Russia, and Israel is just dominating and destroying all of Gazza, and that's why I do not think that it could ever turn into a world war, that is just way too big. We would have nuclear weapons talking, it's scary to think, but that's the reality, which is why we should not really consider this global, these are all minor stuff and not really involving more than two nations personally, sure maybe support, but not personally there to fight.

[Argoo]

This whole "world war three" topics never made sense to me, I do not think that it's going to happen. Or even if it is happening, it is not really what we think it will look like. We have seen the world go to war with guns and weapons and tanks so forth, we should not wait for something like that anymore. It's more about sanctions and such. Right now there are two wars around the world that gets attention (in reality there are more) which is Ukraine vs Russia and Israel vs Palestine.

We could say that they are all minor compared to a world war, Ukraine is handling their own situation against Russia, and Israel is just dominating and destroying all of Gazza, and that's why I do not think that it could ever turn into a world war, that is just way too big. We would have nuclear weapons talking, it's scary to think, but that's the reality, which is why we should not really consider this global, these are all minor stuff and not really involving more than two nations personally, sure maybe support, but not personally there to fight.

Regarding the possibility of unleashing a Third World War and the role of Russia’s military aggression against Ukraine in this, you are deeply mistaken. Our world is either on the verge of World War III, or it has already begun with a full-scale Russian attack on Ukraine in February 2022. This is the bloodiest war since World War II. The front line is more than a thousand kilometers long, where tens of thousands of mines and shells are fired every day. Several hundred thousand soldiers have already died on both sides. And this is not a local war that affects only the interests of the warring parties.

Putin began a war of conquest with the aim of changing the spheres of influence on the European continent. If Russia takes over Ukraine, it will move on to European countries. Already, more than 50 states are directly or indirectly drawn into this war, which are on the side of Ukraine and helping it repel Russian aggression. In turn, Russia is supported by weapons from Iran, North Korea and possibly China. European countries are now faced with the need to transfer their economies to a war footing. The situation continues to escalate and grow. Putin has repeatedly threatened Europe with the use of nuclear weapons. The dying old man Putin may well take half of the European continent with him to the next world.

[0t3p0t]

Well for me possibilities of world war 3 is inevitable in the future but for now  some countries involved in any agression or hostilities maybe vocal about it happening but the truth is that they cannot afford it to happen just remember this quote from Sun Tzu:

Appear weak when you are strong, and strong when you are weak.

With regards to having investments before, during and after the war, there might be a slight effect on this depending on how intense war is but one thing is really worth doing during this time and that is to accumulate more Bitcoin and then go to one of the safest place in the world in case war really broke.

[kryptqnick]

I do believe that wars are on the rise and can continue to be on the rise in 2024, but that's not the same as World War III (the definition pointed out by Solosanz is really helpful here). Wars can go on differently, and even when they're full-scale, it doesn't necessarily mean that people use cryptos less (or more, for that matter). My country is in a full-scale war right now, and I don't think it has a major impact on crypto usage (certainly not a negative impact anyway) here, let alone in the rest of the world.
If we hit that very dark point of collapse of human civilization as we know it, the Internet not being a thing anymore, and survivors living in their small isolated communities, then yeah, cryptos will be irrelevant. But in that case, cryptos will be the last thing to think about.
At this point, I don't think wars are having a significant impact on cryptos.

[DrBeer]

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.

Unfortunately I don't have a very good answer for you ...
1. A world war always "touches" much more than the direct participants. You can remember the Second World War - how many countries it "affected", how many countries suffered from it, how many peoples became its victims... so the Third World War will involve virtually the whole world.
I can say even on the example of the "local" terrorist war that Russia organized in my country. Now directly or indirectly this terrorist war affects dozens of countries !
2. Cryptocurrency is unfortunately not money. And until it is not really secured, for example, by the economy of a country or union, and it will not be freely paid for most goods and services in most countries, it will be an asset but not money. Regarding its value in times of global conflicts - I have already given an analysis - take a graph of crypto market capitalization and the value of bitcoin, for the last 10 years, overlay on this graph vertical lines at the points when there were powerful conflicts on earth, and you will see - that there is no noticeable connection between crises and the growth of the value of cryptocurrency. In gold, for example, you can see it, but not in cryptocurrencies

[yohananaomi]

There is real war, but it doesn't really spread, as has been feared. War only occurs in certain areas, and the involvement of other countries is also not as intense as in the past because perhaps the economy is suffering due to the prolonged effects of COVID.What is even more frightening is the economic war, which is globally visible and involves several camps intervening with each other.
 
but the war that is currently raging, such as the intervention of Russia and Israel, will not be the trigger for World War 3. Many countries do not like war; they will avoid it by not carrying out or providing direct energy assistance to countries in conflict so that it does not spread. .
 
If a war like this doesn't affect the existence of crypto because the internet can still run well, apart from a war that has spread, there will be an impact.
 
but avoid open war; it will not solve the problem other than sitting down and having dialogue to resolve it; war will only harm everyone in conflict and those connected.​

[STT]

World war is something different, violence has risen recently but its not the conditions for a world war especially with ambitions that any side sees as fortuitous especially.  World war requires the honest delusion of believing the war is going to expand your fortunes and end your troubles, entirely opposite to what actually occurs there after.   Even if all parties currently engaged in war are idiots and we take no sides in labelling all parties as fools, I still dont find they are liable to invest all of their countries prospects in continually expanding that war against others thinking its a harvest of death reaping fine fortunes.
  Most countries currently are aware they are sending their people to die and will gain back less in any possible win, world war is a change in society to face negatives and label it a positive then we take some maybe alot of time and effort with perhaps a million dead to recognize a grand mistake.  We arent quite that negative just yet.

[nimethasa]

there is no trigger for world war 3. because world wars occur in many regions. not just in one zone, for example Europe, but in many regions and involving many countries, for example world war II.
Currently there are only wars in small areas, for example in Palestine or in Ukraine. even then there are only a few involved. world war can occur if there is a war between the western bloc of the USA and the eastern block of the Soviet Union involving members of the countries that are included in the block.

[NewRanger]

Regarding war, there are probably quite a lot of predictions, maybe it will start slowly, maybe it will boom in 2025. I also see it as a main issue.

So, in relation to the Crypto Market, if there really is a war and its impact, we cannot yet say it clearly and with certainty. What is clear is that it also has its own impact on the market. Actually, the current market war is a price war that is always fluctuating and will never end, yes. As long as there is supply and demand in the cryptocurrency market. Every day we see the price of bitcoin moving up and down within a small range.

Whether you end up in ETH or something else, these fluctuations will definitely test our psychology, whether we are strong enough to face them or not. If we are strong in facing it, I am sure we will get a lot of benefits from the price of bitcoin.

[Argoo]

there is no trigger for world war 3. because world wars occur in many regions. not just in one zone, for example Europe, but in many regions and involving many countries, for example world war II.
Currently there are only wars in small areas, for example in Palestine or in Ukraine. even then there are only a few involved. world war can occur if there is a war between the western bloc of the USA and the eastern block of the Soviet Union involving members of the countries that are included in the block.

It's not even a matter of the number of hotbeds of military conflict, although recently their number has been inexorably increasing. The current formation of two blocs of states, which in the end may well start a large-scale war among themselves, poses a very great danger. On the one hand are Russia, Iran, North Korea and, apparently, China, and on the other hand are the USA, Canada, Japan, South Korea and European countries along with the UK. The confrontation between these blocs of states is changing, but on the whole it is growing.

Russia is now the catalyst for military tension, because it is bogged down in the war against Ukraine, does not have the opportunity to get out of it with dignity even if the Kremlin wishes, and therefore creates military conflicts and incites other states to do so, so that the United States and its allies provide more assistance to other states , not Ukraine. The threat of World War III in this case is great, but it does not necessarily escalate into a world war.

[Wind_FURY]

2024 & Prediction of World War III - Effect on Cryptocurrencies

Technically, the cryptocurrencies with the bigger communities and the widest network effects - Bitcoin - would, I believe, continue to exist,p.

Utility, Bitcoin in your wallet is actually yours, you are sovereign in that regard, and in real control of your assets. It's going to be more useful in times of political/social instability.

Market, what were the markets like during World War II? They continued to exist and trade/function, no? The price of the assets might be lower because of lower demand, but the market never "died".

[Argoo]

2024 & Prediction of World War III - Effect on Cryptocurrencies

Technically, the cryptocurrencies with the bigger communities and the widest network effects - Bitcoin - would, I believe, continue to exist,p.

Utility, Bitcoin in your wallet is actually yours, you are sovereign in that regard, and in real control of your assets. It's going to be more useful in times of political/social instability.

Market, what were the markets like during World War II? They continued to exist and trade/function, no? The price of the assets might be lower because of lower demand, but the market never "died".

You are wrong to compare the cryptocurrency market to other markets, and the consequences of World War II to the possible consequences of World War III.

  Nuclear weapons appeared only at the end of World War II in the United States, and their use in August 1945 against Japan quickly led to the latter's surrender. Currently, at least seven major states have nuclear weapons, and their arsenal amounts to 17,270 nuclear weapons. If at least some of them explode during the next world war, then people will no longer care about cryptocurrency. It definitely won’t be on survival lists. If the Third World War is nuclear, then everything will change, from the climate, the atmosphere, to the way of life of the surviving people and their appearance.

Many say that such a war will not happen because there can be no winners in it. Yes it is. But the reasoning of idiots is different from the reasoning of ordinary people. They reason like this: if I don’t win, then no one will win this war. For example: how many times has Russia threatened to use nuclear weapons over the past two years of its own military aggression against Ukraine? But in such a tense situation, the response measure can be purely preventive, even if Russia is now bluffing.

[Sunderland]

If WW 3 does really happen then definitely it will become a nuke war. Any countries have nuke might use it at the beginning of the war or when they start losing to their opponent.
Crypto and human will become history, there is no way to survive after US, China and Russia launch all of their nukes.
But I doubt human really stupid to use all of the nukes in this world, if it only less than 5 perhaps human still can survive and there is still a chance crypto will be used again after the end of WW3.

[electronicash]

2024 & Prediction of World War III - Effect on Cryptocurrencies

Technically, the cryptocurrencies with the bigger communities and the widest network effects - Bitcoin - would, I believe, continue to exist,p.

Utility, Bitcoin in your wallet is actually yours, you are sovereign in that regard, and in real control of your assets. It's going to be more useful in times of political/social instability.

Market, what were the markets like during World War II? They continued to exist and trade/function, no? The price of the assets might be lower because of lower demand, but the market never "died".

You are wrong to compare the cryptocurrency market to other markets, and the consequences of World War II to the possible consequences of World War III.

  Nuclear weapons appeared only at the end of World War II in the United States, and their use in August 1945 against Japan quickly led to the latter's surrender. Currently, at least seven major states have nuclear weapons, and their arsenal amounts to 17,270 nuclear weapons. If at least some of them explode during the next world war, then people will no longer care about cryptocurrency. It definitely won’t be on survival lists. If the Third World War is nuclear, then everything will change, from the climate, the atmosphere, to the way of life of the surviving people and their appearance.

Many say that such a war will not happen because there can be no winners in it. Yes it is. But the reasoning of idiots is different from the reasoning of ordinary people. They reason like this: if I don’t win, then no one will win this war. For example: how many times has Russia threatened to use nuclear weapons over the past two years of its own military aggression against Ukraine? But in such a tense situation, the response measure can be purely preventive, even if Russia is now bluffing.

but who in this world also has once dropped a nuke? because it could mean history can repeat itself.
if everyone will already be showing their nuke capability in the media. these leaders will know they may never be stopping anymore and pressing that red button will be done shortly.

they don't need consensus before dropping the nuke. there is no transaction fee to send a nuke. in fact we are now programmed there will be blackout in different places. during blackout, our crypto is useless.