Post
Topic
Board Economics
Re: India vs Pakistan
by
Uruhara
on 04/05/2025, 06:48:50 UTC
With tensions rising between India and Pakistan, how would an all out war between these nuclear powers impact crypto markets and global finance? Short term crash or flight to digital assets? Cry
What is clear is that because India is one of the countries that imports the largest amount of oil, of course this will also push up oil prices and this will have an impact on countries that export oil from there. And that's just one of many factors that could have an impact on the broader economy. Because we know that major ports like Mumbai can also be disrupted in global logistics matters. And yes, this will have an impact on the smooth running of international trade through this route.

And regarding the impact on crypto, yes, many will start moving their assets to crypto, especially to bitcoin. And that will happen if the country's currency experiences a crisis of confidence. Because usually the currency of a country at war will weaken against the US dollar. And yes, of course people will prefer to store their wealth temporarily in bitcoin so that it is easier to carry it around if the situation gets worse and requires leaving the country for a while. And if that happens bitcoin can be expected to experience a surge.