Post
Topic
Board Economics
Re: Iran/US tension's effect on crypto and economy ?
by
Colt81
on 14/01/2020, 10:37:23 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's true that oil prices and gold have pumped up it's prices in the past few weeks due to the war between US and Iran, that is why there is a huge chances that bitcoin would also pumped up it's price if the war continues. But we should not celebrate about it because if the war really continues every country in the world will be involved and a lot of people will die.