Post
Topic
Board Economics
Re: Iran/US tension's effect on crypto and economy ?
by
joelsamuya
on 09/01/2020, 09:41:57 UTC
The recent Iran-US war like situation has already pumped up the oil prices and it has shown an postive effect for crypto and bitcoin as of now but how will this affect the national economy of other countries if a war breaks out?  Who will suffer most and where will this lead our economy as wars always leads to inflation.

There will no big war between Iran and USA, that is for sure. USA is in no position to take the risk for another big war in the Middle East. Iran is still building up its nuclear capacity and this can be taking years before it can be become a heavyweight in terms of war capacity in the Middle East though I am sure that one day it can be. Both of these countries are evaluating the risk involved above the emotional rhetoric and worthless warnings in speeches. For sure, a war between these countries can be helping Bitcoin go up just like its effect on oil.