Quote from: Fortify on May 08, 2025, 07:59:23 PM

Quote from: Reynaldo on April 30, 2025, 02:27:17 AM

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

I don't think either side would come off well in this situation. Firstly they are both nuclear powers so are never going to escalate to full scale war, it's more likely we see contained skirmishes - like those that have happened in Kashmir for decades on and off. There is a small risk that a miscalculation by one side spirals into unintended consequences, but war is highly destructive to an economy. Take a look at Russia for example, on paper it might look like it's doing great and producing a lot of things, but if you make 100 tanks at $5 million a piece and they all get destroyed within weeks, that $500 million is added to GDP with nothing to show for it. Ultimately it'll probably simmer for a few months and hopefully there will be a reconciliation

I agree with you, and I don't even think it's going to last for a few months. To me, it looks more like a political thing than an actual war because I can clearly see how both sides can benefit from this as a whole but I won't talk about it because that'll be too much and I don't want to start arguing with people supporting either side, however, I would say that I really don't like this because at the end of the day, it's the innocent people may be killed and then the war may end, in between some will lose their loved ones in the name of war and that's saddening to think about.

Those having control and power understand that war wouldn't do any good for them because if you attack a country, that too if it's a nuclear power as well, you are going to face the consequences for it as well, so they wouldn't just go berserk, targeting each other and inviting each other for open war because they know it's going to be bad for both countries.