In fact, if war breaks out, these highly volatile assets are far worse than you might expect. We're not even talking about assets, but about survival. What's being used is tangible goods that you can easily use or exchange.
Have you forgotten how the initial incident, when Russia invaded Ukraine, caused the crypto market to worsen, not improve. Everyone was afraid and moved to places they considered safe. So don't misunderstand, because if that rocket killed your internet power or your technological facilities, it would be a different story.
Until there is internet and Electricity atleast somewhere in the world you have wealth.
If Europe in chaos the servers and computers still good in far away like australia.
And what about volatility or Market crash ? That's not the problem use usdc and usdt and your wealth stable, even better when world in full chaos dollar and usd stablecoins purache power will increase.
Because when markets crashing and debt bomb ticking all the world debt has to be paid by dollars it will create dollar shortages
And dollar and stablecoins value increased and eur gbp and others ones falling big against dollar.
No Wonder why they don't have UK £ stablecoins like USA have usdc and usdt because they know UK will collapse anyways
That's possible, but we must consider a clearly verifiable answer. In practice, it's not as easy as you say. Regarding stablecoins, we see the world from many angles. The dollar also poses major threats, such as hyperinflation. This could be a factor in considering stablecoins as collateral. At times like these, gold becomes highly sought after, as FIAT is easily printed and manipulated.
I hope you can see multiple angles and perspectives to understand the global context when discussing this.