Quote from: bobitza on January 12, 2020, 03:55:41 PM

Quote from: virasog on January 05, 2020, 08:05:03 AM

Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ?
Oil and gold prices are already up within last few days. Will Bitcoin will be next?

I think the opposite! The war will cause a great deal of damage to people and property, will make the country's economy depleted. So how come war and bitcoin go up? This is a bit wasteful. So I don't think the war with Iran will cause bitcoin to rise.

But you are only thinking on the value of bitcoin in terms of dollars you are not actually thinking on the utility of bitcoin, bitcoin could be very useful in those difficult circumstances because it could allow you to store your wealth in a way that is very difficult to notice, it is true that if you are in a war torn country it is going to be very difficult to spend your bitcoin but there will always be someplace where you could have access to the Internet and then you will be capable of using your bitcoin.