I would like to hear what people here in the community think about it.
As far as I know, when there is a war, people are taking their money out of the stock market because they fear of instability.
I wonder what a situation like this may cause to the crypto market.
The scenario in Iran could explode there could be a second wave of attack, if that happens those in Iran who knows about Cryptocurrency and Bitcoin could have an option to convert all their wealth to Bitcoin, and make a safe haven in other countries that are Bitcoin friendly, this is something the community is watching and waiting and validating that Bitcoin is a safe haven for a country that is facing this kind of situation.
In any situation, if there is a problem of withdrawing or exporting personal funds from a country where there are huge problems for a person, then cryptocurrency in this regard can be a very good asset in order to maintain its financial condition. But you also need to take into account the fact that initially you need to have cryptocurrency assets in order to use them in another country, because if someone has fiat funds, then it will be very difficult to immediately buy large amounts of cryptocurrency. One way or another, in certain countries there is some control over the circulation of funds, and especially in Iran.