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5 sats \ 0 replies \ @ChrisLAS 13 Jun \ on: Poll 275: Will Bitcoin eventually become a true wartime safe haven? bitcoin
Why would it? Will it stop being traded 24/7? Will it stop being one of the fastest ways to cash out when the world panics?
I know we Bitcoiners think it is crazy people sell the hardest asset on earth when war breaks out. We keep hoping more and more people will see it our way. But we are the ones with the unique perspective. The rest of the world wants liquidity as fast as possible when the world falls apart. It's just human nature.
Unless something changes, Bitcoin will always be faster than land and just about everything else of real value in the world. The market is always trying to front-run everything, so when the crap hits the fan they try to move fast, and that's why Bitcoin sells off for a bit during an emergency.
I think even when Bitcoin reaches $1 Million+ you will still see proportionally adjusted sell offs when war starts.