Quote from: The Goodman on May 28, 2018, 08:06:53 PM

Quote from: The Pharmacist on May 28, 2018, 07:18:51 PM

First of all, you probably should move this to Bitcoin Discussion since it doesn't necessarily have to do with altcoins.

It's a good question to ask, though. I'm not sure if we're going to be at war anytime soon. I see much of what Trump is doing as political posturing--but who knows. He's a fucking psychopath, and I'm hoping he'll get voted out of office in the next election. I'm still slapping my head that Americans elected him.

If war does break out, crypto is probably going to be low on the priority list, because it'll be an ugly war. People will probably start hoarding precious metals. In fact I'm kind of surprised that the gold market hasn't moved much in the last couple of years, what with all the uncertainty amongst the superpowers. Bitcoin likely will react, but I'm not confident it'll be to the upside. Already this year it's down quite a bit, and that's in the midst of everything N. Korea, Russia, China, and the US have been doing. I just don't know. But I don't think bitcoin or any of the altcoins are in any way flight-to-safety assets like metals are. So people won't be flocking to crypto when they think fiat is going to be unstable.

Thanks for the correction about where to post this. But I was actually uncertain with regards to where to post it since I was talking about cryptocurrencies in general. Thanks once more.

Back to Trump. I don't really know what that man wants to achieve. Trying to impose his wishes on every country in the world? How? Sanctions here and there. So why is it only the USA that is always imposing sanctions? Can't they be sanctioned too?

The USA only has sanctions against Iran, N. Korea, Syria, Sudan, Cuba, and Venezuela. Venezuela was added in 2018, but before that the last one was added in 1993, or 25 years. Where do you get the idea that the USA is always imposing sanctions?