Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Survives the War Scare
by
Z-tight
on 27/06/2025, 08:15:21 UTC
Honestly, bitcoin is the most accessible asset at time like that and there's zero chance of it being frozen by centralized entity where there's conflict.
Very true, but not when it is stored in a centralized exchange or custodial service and there are a lot of people who use these services to hold their coins and they don't see anything wrong in doing things that way.
Overall, it has survived the war scare indeed.
I wouldn't use the word 'survived' though, was it ever at risk of going into extinction because of the war in the middle east, the answer is obviously no, even other assets that did worse during the conflict, would also recover. However, what we can talk about is how well it held its own during the conflict, and just maybe in the future it would be a store of value comparable to gold.