Post
Topic
Board Economics
Re: Iran/US tension's effect on crypto and economy ?
by
Barbut
on 13/01/2020, 11:37:08 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.
It is certain that the two countries that make war will affect the most and then the global. For the US, they are the largest and most concentrated economy. when something goes wrong, the other countries will be greatly affected by the American service brought a lot. So, I didn't expect war to happen, no one wanted hyperinflation, I just wished that this halving event would continue to grow and the economy should be stable.

As it is certain that just a couple of countries will benefit from this conflict, for me it's certain that every conflict will push people to cryptocurrencies. Cryptocurrencies and fiat are two different worlds, and for now they work together, but for how long? More people are running away from fiat to cryptocurrencies, one they there will no one left in fiat world, just politicians and banks, together with some governments.