Post
Topic
Board Bitcoin Discussion
Re: Effects of war on bitcoin
by
TheGreatPython
on 15/05/2023, 16:30:19 UTC
The world has been facing economy crises, and the Russian and Ukraine war has made it to effect Bitcoin price, during the last Bull Run was dropped as the results of war, actually Bitcoin is gradually growing back, which all eyes is on Bitcoin as number one cryptocurrency digital assets.
I don't see how the Russia-Ukraine war had any effect on the price of Bitcoin knowing none of these two regions are too popular for Bitcoin adoption nor do they have accepted Bitcoin as a legal tender or something, and when something is not even closely related to another thing, I don't see how anything bad or good happening with the first thing can have any negative or positive effect on the other thing.

If Bitcoin was being widely used in Ukraine and then the internet and everything gets disrupted and people stop using Bitcoin all of a sudden or sell everything they had due to the war then that might have affected it, but I don't think anything like that happened.