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Re: How wars can affect Bitcoin?
by
drachman
on 21/03/2018, 02:37:00 UTC
The price of Bitcoin will rise. Because of the war, the price of the legal currency of each country will become more unstable, and then Bitcoin will increase its price because of its characteristics.
That is very doubtful, it is very likely that in the case of a war there are going to be price controls and it's likely the government will try to apply a price control to bitcoin as well they will fail and then they will ban it, that will be bad for us but I cannot blame them the future of the country will be at stake, so I really think that the asset that will grow is gold and not bitcoin because people will prefer to play it safe.