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
Well there isnt really much of a chance for a world war 3, i mean yeah sure there may be small wars in individual countries but i dont think there will be much of a chance that a war that exceeds the magtitude of WWI or WWII, at least in the near future.
You have to realize that all currencies have no intrinsically.
If people are starving to death and they have no food, they dont need any money. If that is the case, then obviously nobody will use any currency, let alone bitcoin.