Post
Topic
Board Bitcoin Discussion
Re: Effects of war on bitcoin
by
posi
on 10/05/2023, 12:44:53 UTC
In my country, the war is going on all over the world. It is a war that is taking place in the middle east and we are in a war zone right now. 
 
There are a lot of countries that are trying to get rid of the war and they are doing it because they are afraid of the war. 
 
So, what is the effect of war on bitcoin?

It depends on the war zone, I don't know what country you are from and why the war is happening. But if we take the example from the war between Russia and Ukraine, it will have some negative effects not only on bitcoin but also on the whole world economy, and bitcoin is a part of the economy, so it's hard to avoid. The war between Russia and Ukraine is not just a war between two neighboring countries, it is a war between the United States and its allies at war with Russia. Moreover, they are the countries that have a great influence on the world economy. It will be very different from wars between smaller nations.