I have a serious concern. As you know, I am living in Iran and the tensions here are getting very high. Everyone is talking about the possibility of a real war between Iran and the US.
I want to know, from your experience, how does Bitcoin react to a major war? If things get worse here and a conflict starts, will the price of Bitcoin go up because people want to hide their money, or will it crash because everyone is scared and wants to sell everything for cash?
I am trying to decide if I should keep my savings in Bitcoin or if war makes it too risky to hold. Does Bitcoin act as a "safe haven" during a war, or is it the opposite? I’m really worried about my family’s future and would like to hear your thoughts.
I think bitcoin is the best asset to hold if you're fleeing a war zone.
Bitcoin the network could be effected by a large war. The hash rate could drop and therefore the difficulty will need to adjust. A country might have to sell it's bitcoin to pay for weapons or artillery.
In other parts of the world Bitcoin would continue as normal.
no I don't intend to escape from the war zone at all... I meant the general price of bitcoin if a big war happens because of Iran's position in eastern Mina and the oil that is spread daily from this region to other parts of the world .... If there is a war, oil will be exported to the world for a long time or less or no oil will come out of the region for a long time and this will cause the price of oil to multiply.
Are you really a tailor who lives in Iran???? After reading this comment, I felt that you are an economic expert or a politician or at least a seasoned and experienced trader who analyzed the future of the market in this way. 🙄🙄🙄👏👏
I asked a simple question... I don't know why you felt this way, but really, I am a tailor in the city of Kermanshah in Iran
Why do you care? You look to Bitcoin only as getting rich in fiat. So really doesn't matter in your case.
When you will really understand what is Bitcoin you will not ask these kind of questions.
I suggest to read all my 60+ guides about Bitcoin:
https://darth-coin.github.io
Also the additional ones on SN - see my SN bio.
And here you have some SN posts to read:
Bitcoin will be fine. Lightning is not.
I hope it will be like this. I bought it at 68,000 dollars and thinking about it, if it reaches 115,000 dollars like two months ago, I will go crazy with happiness. 😂😂😂😂
From my perspective. BITCOIN is the best refuge. It does not depend on third parties. If war breaks out and the price plummets, you will still own your UTXOs; if war breaks out and the price increases, you will still own your UTXOs; and if the situation turns really bad, you can escape with your UTXOs to anywhere in the world, without asking permission and without the risk of it being snatched from your hands.
This is a very powerful way to look at it. Being able to 'escape with my UTXOs' is exactly why I started looking into Bitcoin—because physical assets are easily taken during war. But I guess as a beginner, I’m still learning to detach myself from the 'price' and focus on the 'ownership.' Thank you for reminding me of the bigger picture
You need to read more about DarthCoin. Look for their guides; you will find many valuable things there that will help you see beyond the price.
This is a question many of us are asking in silence. The uncertainty is the hardest part. I hope we never have to find out the answer through an actual war, but knowing if Bitcoin can truly protect our labor when the world goes crazy is vital. Stay safe, brother.