Post
Topic
Board Economics
Re: Would a global disaster increase or decrease the Bitcoin value ?
by
dillpicklechips
on 30/03/2018, 15:51:04 UTC
Hi ! First message here.

If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?

I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.

What are your opinions on the subject ?  Cheesy
Maybe due to economic collapse which could possibly bring devastation to fiats, they might convert their money to BTC to protect their wealth which, in return, would drive its price up. Though, on the other hand, it can be that they might withdraw their investment to fuel their survival prowess or exchange it to some solid investment like gold maybe? Not so sure about that. One thing is for sure, the population would greatly be decreased if a great natural disaster or big wars happen.