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SubscribeWow, I haven't really thought about it. Maybe it will not have an effect since cryptocurrency is not owned by any country. But let us all hope that there wouldn't be another world war.
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#9
Wow, I haven't really thought about it. Maybe it will not have an effect since cryptocurrency is not owned by any country. But let us all hope that there wouldn't be another world war.
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#8
Same here! All our efforts will put into waste once the world war started.Originally Posted by Newbie_trader
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#7
“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
:D
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#6
I don't dream of another war because it's a bloodbath for nothing. All our assets will vanish into thin air.
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#5
fiat currency will losses its capacity to buy during world war. Money could not buy for food nor it could be use for comfort because during war survival is the kry by keeping food. bitcoin also will be no value during war because we know that bitcoin us being back by fiat currency. However, after the war fiat could be restore to its function but I guess not the digital currency like bitcoin. War is destructive and losses will be high like lossing hardware wallet and seed phrase. It is expected that there will be many users to lose bitcoin that could not be recovered.
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#4
One of the reasons most countries wanted another war because of their self-interest, misunderstanding, and greed. No is going to survive. Our valuable assets will no longer valuable.
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#3
In my opinion, a world war is literally the worst thing that can happen to humanity, with or without bitcoin.
Wars happen because countries can't pay up their debts, so they "pay up" this way. (Again, in my opinion, no misunderstandings)
In a war, the fiat loses its value. I had a discussion with a friend about what could happen to bitcoin in a war. He said that it will surely collapse. I am not so sure about it.
Although, think about it for a while. In a world war, the last thing someone has is access to the internet. Would bitcoins lose their value?
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#2
The effect of the world war on humanity and nature is beyond imaginable. Many people will suffer. All the assets, including cryptocurrencies will become less valuable.
Last edited by AbdulShiek; 09-23-2020 at 03:36 AM.
#1
What will happen to bitcoin on a world war?
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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