With US bombing Iran, talks of WW3 seems closer and closer. I am, of course, not wishing for this to happen as nothing good will come out of it. But let us think for a second how will bitcoin be useful to us should WW3 actually happen? First of all, expect chaos. Fiat Currencies would most likely decline. Governments would need to print more money to budget for fighting other countries. This will surely lead to inflation. This is where crypto would come in handy. Bitcoin can be a safe haven for most.
There has been so much chaos in our world today and at an unprecedented level that you don’t get to take anything off the table. I just wish these guys in power could stop playing politics at the level they’ve played it this far.
On the part of Bitcoin, what we have to realize is that, it functions on the internet. If the internet isn’t affected and there is little displacement with miners still getting to run the mines, then we would have Bitcoin functioning at a very limited level.
There after the chaos, things would return to normal as it ought to.