Post
Topic
Board Speculation
Re: Does war affect the price of bitcoin?
by
qwertyup23
on 26/05/2018, 23:58:56 UTC
Mr Trump has announced a precise crackdown on Syria, a war that would destabilise the world and would buy other assets for safety. Is bitcoin the best option? I find that bitcoin has indeed started to grow.

You are welcome to express your views and opinions.

If a war broke down among hegemonic countries, bitcoin would be the least thing that I should worry for.
Answering your question, usually countries would be in a financial state of crisis during war as its resources would be exhausted for weapons and for providing funding for military services and products. Depending on the country, bitcoin would be affected but to a certain extent. Since bitcoin has its decentralized nature, there no exist a country where it has full control and regulation over it. The price may be affected somehow and it might be decreased significantly, but it will recover once another country supports its development and enhancements.