Re: Would a global disaster increase or decrease the Bitcoin value ?
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 ?
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 ?
It will definately affect the world market cap. Because instead of spending their money buying crypto currency, they would prefer to use it for their needs. Example the country have experience any types of disaster ofcourse people would prefer to buy the things that they really need instead of buying bitcoin. In this case if their is a huge volume of bitcoin then the price would decrease because bitcoin demand is very low. Thats how disaster affect the value of bitcoin.