Quote from: peter0425 on June 23, 2025, 10:08:20 AM

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.

In the end, everything ended peacefully, and this conflict quickly exhausted itself. And what's funny, but did you know that geopolitical events have a rather weak effect on the Bitcoin rate, and stocks in general? Even Trump's tariffs, which threatened global trade chains, did not affect the Bitcoin rate very much. I remember when the price fell from 66k to below 15k, and that was a fall.
And now I can't even imagine what needs to happen for the price to correct itself so much. Yes, the price was at 55k relatively recently. But it didn't last very long. Bitcoin is stronger now than ever.