Post
Topic
Board Economics
Re: Iran/US tension's effect on crypto and economy ?
by
Maslate
on 11/01/2020, 14:10:29 UTC
Who will suffer most and where will this lead our economy as wars always leads to inflation.

The biggest sufferers of this conflict were families of Ukraine plane that now Iran has confirmed is shot down due to human error. War is not a good thing, those who start remain beneficiary of the war while innocent civilians lose their lives and loved ones. May peace prevails.
This kind of war should not have any impact on the price movement of cryptocurrency, it's just that due to the inadvertent factor of soaring prices, it is said that this war can give rise to cryptocurrency prices when cryptocurrency price movements should depend on the economic warfare of various large countries with economies strong.
When a a certain country has no good government, people will find a way to safeguard their assets because inflation would certainly affect the value of their money and the best solution to any struggling country is bitcoin because it's a real store of value, and even if it dump, it will not inflate compared to a country which has hyper inflation.