Post
Topic
Board Economics
Re: Bitcoin is war currency
by
Mate2237
on 16/05/2025, 18:55:54 UTC
It wAs gold b4 but gold is old old School people buying narrative that during or pre-wars Crisis to get gold.

But bitcoin is new gold and it's a war currency.
To move wealth store and pay exchange during the war

In the past you have identified gold as a war asset. And in the current digital age, you have identified digital gold i.e. Bitcoin as a war asset. I agree with you on some points but I cannot agree completely. You have considered gold as a war asset in the past. Yes, that is right because in the past people did not understand or trust banks.
They would buy gold and try to keep it with themselves. But during the war, it was difficult to carry it from one place to another. Because during the war, it could be stolen or it was difficult to cross the border from one country to another. Again, although Bitcoin is a person's own property, that is, if he has his private key in his own hand, no one else can take it.

Since it is a digital thing, it is related to digital things. Like the internet, electricity, etc. During the war, the internet or electricity connection may be disconnected, then you will not be able to use Bitcoin for any purpose even though it is your own property.
Bitcoin as a digital currency is the best asset that you can have which can stand against war because Bitcoin is one crypto that can survive any situation that the world will pass through so people should have more interest in investing in Bitcoin as it is one of the safest investment that anyone can do because no country has control over Bitcoin



I think that covid has really exposed the deficiencies of the world financial system as alot of person's where stranded due to the fact that movement was highly restricted that was when alot of person's started appreciating the value of Bitcoin so saving your money in Bitcoin is a sure guarantee over any thing that may affect the economy of the world