Post
Topic
Board Economics
Re: Would another war in the middle east affect crypto
by
TheGreatPython
on 02/02/2021, 15:06:37 UTC
I truly hope war can be avoided. And that real war never occurs in anyone's lifetime. But if there was a serious war or natural disaster and you had to stake your wealth and welfare on fiat, precious metals or cryptocurrency. What would your choice be. And why.
Lol I too hate war and I don’t like talking about it itself. Anyway, if there should be a war like that between these two countries you have mentioned, I don’t think that Bitcoin is going to be affected, even the gold will likely not be affected, but the fiat of these two countries might be affected and might lose value depending on how long the war should carry on.And that means a lot of rich guys there will definitely be looking for other assets that they will switch to so that they don’t lose their money.

Anyway, I am not hoping for any of that to happen, war is very bad and even innocent children will be affected.