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Scraped on 30/06/2025, 05:48:31 UTC
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.
The most important thing is if you live in a country directly affected by the war, surely people would migrate and seek shelter. Bitcoins can be helpful for doing this as you will not be carrying your country's local currency. I am sure now that people would be buying crypto in fear of the war happening.
The most important thing is if you live in a country directly affected by the war, surely people would migrate and seek shelter. Bitcoins can be helpful for doing this as you will not be carrying your country's local currency. I am sure now that people would be buying crypto in fear of the war happening.
The question is "What would World War III look like?"
Option 1: If World War III is a nuclear war Bitcoin(and crypto in general) would be completely useless, just like fiat currencies or precious metals.
We would all die and dead people don't need currencies or financial assets.
Option 2: If World War III looks more like Cold War II(a bunch of proxy wars and hostility between the Western World and Russia-China) Bitcoin adoption would continue and we might see a higher Bitcoin price(or BTC would simply preserve value, while fiat currencies are declining).
Option 3: World War III is a war between the human civilization and super-AI. I don't know what is going to happen in this case scenario.
Original archived Re: How can bitcoin be handy if WW3 happens?
Scraped on 30/06/2025, 05:43:45 UTC
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.
The most important thing is if you live in a country directly affected by the war, surely people would migrate and seek shelter. Bitcoins can be helpful for doing this as you will not be carrying your country's local currency. I am sure now that people would be buying crypto in fear of the war happening.
The most important thing is if you live in a country directly affected by the war, surely people would migrate and seek shelter. Bitcoins can be helpful for doing this as you will not be carrying your country's local currency. I am sure now that people would be buying crypto in fear of the war happening.
The question is "What would World War III look like?"
Option 1: If World War III is a nuclear war Bitcoin(and crypto in general) would be completely useless, just like fiat currencies or precious metals. We would all die and dead people don't need currencies or financial assets.
Option 2: If World War III looks more like Cold War II(a bunch of proxy wars and hostility between the Western World and Russia-China) Bitcoin adoption would continue and we might see a higher Bitcoin price(or BTC would simply preserve value, while fiat currencies are declining).
Option 3: World War III is a war between the human civilization and super-AI. I don't know what is going to happen in this case scenario.