Ninjastic
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Board Economics
Re: What if? Just asking opinion
by
Xester
on 22/02/2017, 13:05:04 UTC
Quote from: Zadicar on February 22, 2017, 12:06:05 PM
Quote from: freedomgo on February 22, 2017, 06:21:42 AM
Quote from: Shafay on February 17, 2017, 06:36:20 PM
What if World War 3 breakout ?

Do you expect bitcoin and other cryptocurrencies to go down in price ? As people will swtich to hard cash or gold?

Note : There are wide power outages, servers getting down, no electrictiy and everything bad you can expect if WW3 happens 
Most likely, technology will become worthless when world war will take place. People will only need the basic necessities to live and worst to survive, food and shelter is necessary and even gold and fiat will become worthless if the situation gets worsen.
It would really be worthless since people wont mind regarding on those assets because it cant be used when ww3 would happen and you are right we would surely seek on the most important thing in able to survive which is food and shelter and for sure we wont mind on those things anymore.

I agree with you that the most important thing during a world war is safety kits, survival kits, food, shelter and weapons to protect ourselves. If all countries in the world will join the war then currency will lost its value. After all life and survival is most important than economics. The only way to make currency retain its value is to avoid a world war at any cost.