Post
Topic
Board Economics
Re: Would a global disaster increase or decrease the Bitcoin value ?
by
Impulseboy
on 06/10/2018, 01:49:04 UTC
It all depends on who's affected and what the extent of the damage would be to said countries.

I agree, it depends on what happened and how wide the impact is. I think that at first, it may decrease the value of bitcoin, but I think that if a global disaster happens, then it could also be the perfect time to use cryptocurrency and the blockchain technology for a good cause by sending donations. Of course, it will be a bit complicated if you are sending donations to a country that does not use or recognize crypto yet, but it could be a good reason to use bitcoin. What do you think?