Post
Topic
Board Speculation
Re: Why does war always affect the price of Bitcoin
by
roemer
on 20/07/2025, 05:06:22 UTC
It's so notable that the price of Bitcoin is always affected whenever there is war among some notable countries in the world and this makes me to wonder  why Bitcoin price is always impacted negatively by war. For instance, Bitcoin saw sharp declines during the 12-day Israel-Iran conflict, but prices rebounded after the announcement of a ceasefire.
What's your opinion on this??

https://www.google.com/search?q=why+is+bitcoin+affected+by+war&client=ms-opera-mini-android&channel=new&tpsf=opminienpf#sbfbu=1&pi=why%20is%20bitcoin%20affected%20by%20war

Those countries sell bitcoin to go to war. Most of the reserves for going to war between countries are held in cryptocurrency accounts.

David Packouz: [From the beginning of the film, as Miles Teller's character, David Packaouz, narrates over visuals of soldiers in war and as price figures of what a soldier's gear costs are displayed] What do you know about war? They'll tell you it's about patriotism, democracy... or some shit about the other guy hating our freedom. But you wanna know what it's really about? What do you see? A kid from Arkansas doing his patriotic duty to defend his country? I see a helmet, fire-retardant gloves, body armor and an M16. I see $17, 500. That's what it costs to outfit one American soldier. Over two million soldiers fought in Iraq and Afghanistan. It cost the American taxpayer $4.5 billion each year just to pay the air conditioning bills for those wars. And that's what war is really about. War is an economy. Anybody who tells you otherwise is either in on it or stupid.