Post
Topic
Board Economics
Re: Would a world war affect the price of Crypto?
by
BillCoin
on 14/04/2018, 14:36:45 UTC
Would a world war affect the price of Crypto and what are your thoughts on this?

Personally I think it could hike the price right up for certain coins but that's just my opinon

It will certainly affect the price. Imagine if there is a world war goin on, do you think people will still be infront of their computer and make crypto trading? If world war will be going on, crypto prices will become zero because probably, countries will shut down their internets.
This is not the reason that is going to affect bitcoin's price.
Even if we are talking here about global world war, about 98% of the places on earth won't be considered as "dangerous zone" and people will still be able to do the things that they used to do on a daily basis.
The main thing that may affect the price is that countries may use a lot of money and will enter a huge debt, a thing that is going to decrease the support in fiat currencies, and may make people to move to alternative currencies in order to keep value.