Apparently the price has trebled on the local Bitcoins market. So is it rich people trying to preserve their wealth, or is it people using it for everyday purchases? Mohammad Reza Pourebrahimi, chairman of Irans economic commission, has stated that more than $2.5 billion has been transferred out of the country via Bitcoin. Will this be the primary function of Bitcoin as we creep towards World War 3?
If world war 3 is inevitable then bitcoin is the best option to preserve your wealth but still there is a risk if you want to put your money in any currencies that you like.
Will the remaining people after world war 3 still accepts and exchange crypto currencies via fiat and vice versa. And in terms of 2.5billlion dollars transfer, does it happen after the incident that outrage the people of Iran or it is the total output from the start they accept bitcoin exchange.