Re: Hong kong and China war can lead to possible Bitcoin popularity

Quote from: pugman on June 25, 2019, 09:23:35 PM

Quote from: stompix on June 25, 2019, 07:17:02 AM

You're not wrong here though. Regardless of the fact that 2 Million civilians marched against the new bill that was passed, the only option they have is to leave that god forsaken shithole of a place.

This was quite an interesting read: https://www.theguardian.com/world/2019/jun/25/we-have-no-other-choice-as-china-erodes-democracy-hong-kong-citizens-prepare-to-leave

Imagine how bad the condition is, that the people are moving to Australia out of all places. This whole world needs a redo, desperately and immediately.

Hihi, they've chosen Australia because it felt a bit closer to their former home.
Funny that in the top 3 there is not a single EU country and we're still quite attractive ....for how long that will be.

But notice that not only politics are the reason, but they also blame living conditions, wages, prices, I wouldn't live there either, no matter
who runs it.

Quote from: Irvinn on June 27, 2019, 08:23:08 PM

It is very difficult to understand the essence of the question posed, because war never benefits the development of peaceful technologies. Another thing is military technology, which grows like yeast dough, if there is some kind of military confrontation. But I dont understand how Bitcoin can benefit from the war between China and Hong Kong.

In the mind of some Bitcoin fanatics war is good for Bitcoin just as an economic crisis because it will help the price and Bitcoin adoption. Of course, people that get killed in the war or lose their jobs will be the first to buy into crypto.
Also, the OP thinks that people fleeing Hong Kong will buy Bitcoin to get money out of the country and increase the price and omits that once they arrive at the destination they will also dump them.