It sure could be but I doubt any real rise will come of it. Maybe some people will use cryptos but I doubt it will cause a huge flair in crypto usage. I think the Olympics would be a better suited venue to increase awareness.

I have always harbored the feeling that this event will make crypto more popular and take it to another level. The only thing that we wish for is for the event to move on smoothly without any hindrance because we now live in a world where there are a lot of threats from other countries. People will definitely run out of cash due to certain reasons, and others will prefer a digital form of money as compared to physical cash due to security reasons. This i think will make cryptos popular in Russia for this event.

There isn't going to be WW3 anytime soon, don't worry too much about what you hear in the news. It's very unlikely to happen. However, in theory if it did happen crypto will crash just like everything else as all of our system are connected to the internet and that will be the first thing to go down if anything happens but as I said, it is not going to happen anytime soon.

Unless there was a cataclysm that destroyed our entire technological structure, I don't think that a world war could have any significant effect. While it's possible to continue mining cryptocurrencies and continue using mobile phones or personal computers to send or receive them through the internet, I think that everything would continue more or less the same. Regarding the price, which is what many people care more than anything, you can think that a world war would cause an economic depression and a lot of uncertainty, this could make many people think of cryptocurrency as a refuge, it's a possibility, but I would not bet completely for it either.

The President does not have the power to go to war. He must ask congress for permission to go to war and it must be voted on by the House and Senate. Relations with N. Korea are better now than before. Russia and Iran not so much. China, Iran, N. Korea have no force projection so any military conflict with them would be localized. So unless someone hits the big red button and nukes start flying, I wouldn't worry. Also just a reminder that Obama dropped a bomb every 8 minutes during his election. Were you worried about WW3 then?


How would any of the financial markets hold up? WW2 almost financially broke America. Japan was confiscating and melting peoples steel pots to make weapons. Europe was physically destroyed so they had no real economies. Russia was sending conscripts into combat unarmed then shooting them if they retreated. People were more worried about getting food, water, and shelter than maintaining their wealth. Gold prices maintained their value during the war so most likely precious metals would behave the same way during a massive world war. But you can't eat or drink your gold so it wont do you much good if your starving. Crypto only has value because people are willing to exchange it for goods and services. So ask yourself, would people accept it during a massive crisis? Would people even be able to transfer it during a crisis? Would the public ledgers stay intact? If your side lost what would happen to any wealth you had? Remember what the Nazis did with all the Jewish gold the confiscated?

Now, all scary and political stuff aside, the key to avoiding a war is for countries to become financially dependent on one another. If China declares war with the US, the US retaliates and cancels their government bonds, killing trillions of $$ worth of wealth. China has to import massive amount of resources to manufacture a lot of the stuff they sell back to the US. Without the US buying fake dog poo, their goes more of their GDP. America needs Rare earth elements from around the world to build high tech fighter jets and other high tech items. Without access to those elements, high tech manufacturing is doomed. The point is we are more stable when countries are trading with each other and all parties have a lot to loose in a conflict.

Now, some crack-pot with nukes (i.e N. Korea and Iran) that have routinely threatened to blow up and wipe other countries off the map are the ones you really have to worry about.  Luckily N. Korea has committed to disarming their nukes (who knows if that will actually happen). I could go on but its really pointless. I'll just leave my 2 cents worth. I firmly believe cooler heads will prevail and that the people in power are not really willing to risk their lives and more importantly (to them) their vast fortunes. What they say is just political posturing to maintain their position of power and wealth over the people they are in charge of.

Trump will not be that stupid to go into war with either N.Korea or Iran, not even any of the super powers because of his numerous investments which are all over the continents. He is not just a president. He is a cunny businessman who knows how to protect his investment. Now about bitcoin, if a war comes bitcoin will be the last thing on peoples minds. Survival will be the focus.

First of all, you probably should move this to Bitcoin Discussion since it doesn't necessarily have to do with altcoins.

It's a good question to ask, though.  I'm not sure if we're going to be at war anytime soon.  I see much of what Trump is doing as political posturing--but who knows.  He's a fucking psychopath, and I'm hoping he'll get voted out of office in the next election.  I'm still slapping my head that Americans elected him.

If war does break out, crypto is probably going to be low on the priority list, because it'll be an ugly war.  People will probably start hoarding precious metals.  In fact I'm kind of surprised that the gold market hasn't moved much in the last couple of years, what with all the uncertainty amongst the superpowers.  Bitcoin likely will react, but I'm not confident it'll be to the upside.  Already this year it's down quite a bit, and that's in the midst of everything N. Korea, Russia, China, and the US have been doing.  I just don't know.  But I don't think bitcoin or any of the altcoins are in any way flight-to-safety assets like metals are.  So people won't be flocking to crypto when they think fiat is going to be unstable.