Crypto is safest in ww3

[hyudien]

..

I understand your point, of course crypto is an asset that can be utilized amidst the current global tensions, it only takes a seed phrase for you to access your wealth, it is easy to take anywhere, but placing stablecoins as a helper, it feels quite wrong, stablecoins follow traditional fiat currencies, that means when the dollar falls then the asset will fall, it is much better to choose bitcoin to save your wealth, bitcoin has a fixed supply and bitcoin is not directly tied to fiat, this has shown the strength of bitcoin and is able to be a long-term hedge.

[Nothingtodo]

In any case, Bitcoin is safe if you can hold it properly. If you keep money in the bank, you cannot claim it as your own, and if the bank establishment is destroyed during the war, the bank authorities may not be able to return your money to you. But if your investment is in Bitcoin and if you hold it for a long time and can properly store your seed phrase, then you are safe even in the event of war at any moment.

That's why smart people invest in Bitcoin instead of keeping money in the bank and plan to hold it for the long term. Because in this case, Bitcoin is not controlled by any third party, which makes it safer than keeping money in the bank.

[coupable]

In times like this we think that crypto (bitcoin) is the safest asset out there but that is not entirely true correct. There are more assets in addition to bitcot that are the safest to hold and hang on to at this time. Those with skills are in high demand and there’s a low supply of it at this point will have the knowledge asset . And don’t get me wrong by high in demand skills I am referring to technological, software, and all . Many people would want to protect their assets digitally and that’s where these skilled guys comes in.

Do you refer in your reply to other cryptocurrencies rather than bitcoin, or you talk about digital assets in general?

Altcoins; not all of them are safe store of value because of their centralized decision making. You might consider eth as a safe heaven but try to imagine if Vitalik decides to change the algorithm overnight what would happen. It's bitcoin the safest option of all times.

Other digital assets; do you consider NFTs as safe store of value? What other digital assets you might refer to? I can't see stock markets as a good option during war periods.

[HONDACD125]

Now we see crypto true purpose ofc stablecoins are best they are not losing value.
Ww3 times crypto are best to hold and move wealth, crypto solves problem what people had long time ago when they moved in tines of war gold and silver while with crypto its way better physically, now we see crypto true purpose.

Also now its not the time to invest physical things like real estate after peace invest even in dubai now many buildings will be bombed for sure and people bought expensive property.

Those who,s wealth not in crypto the most wealth they just gamble with their wealth the crypto is like kingdom of HEAVEN the safe heaven mostly stablecoins ofc main coins too but only if you know how to dca the dips.

Let's break the points down one by one.

First of all, stable coins cannot be the best option because they are pegged to the US dollar, and if US dollar loses value or purchasing power, it means that the funds stored in USDT will also lose purchasing power, so that's not a great solution.

Secondly, moving wealth from one place to another could be easier with cryptocurrencies in times of war, but we should also understand that if miners get affected because of war, it could also create problems for the industry.

Lastly, as far as I know, properties that you purchase are mostly insured, so it doesn't mean that if the building faces such a problem, you will lose your property and your money.

[tabas]

While your stable coin form wealth is safe but in terms of wars, there's no important thing at that time but your lives. You can start all over again and don't expect that connections from the telcos and internets are fine and you can access them any time. No, there will be surely interruption by that time because of the infrastructure being destroyed due to bombing and missile hits. But the advantage of assets in crypto, is you can carry them all the time without people noticing that you've got something in there with you.