War news are actually good news for Crypto & GoldI Love Global Peace and hope all Wars end soon.
Here are my thoughts about Crypto when war Starts between two countries or more.
i think After wars so many reasons will help Crypto to see gain specially for Bitcoin which is the King of this market.
Some of the major Reasons in my view are:
A. Countries currency or Markets start to fall :
Usually with starting of war, we have two countries that are involved and due to negative effects of war on different Economic parameters cause weaker country or both currencies lose the power of Their currencies and it start To dump.
weak countries Bank can get hacked or worst scenario a countries currency can get 0 by the time.
most of the times Their stock markets also Face with huge losses.
B. People start to Buy more Gold or Bitcoin and ...
with things mentioned above and other reasons their People start to Buy more Crypto usually and Metals like Gold.
C. People start to migrate to other countries with their Crypto Wallets Only
Some start to leave their countries and Sell their Cars homes and ... and turn them to BTC or... and transfer their money and life to a peaceful country.
D. Spies and bribery gets more in those countries which all is done with Crypto usually
Corruption & Spy jobs and ... increases in those countries usually and the money on this Fields usually transfer Via Crypto or Gold and Silver which is harder to track.
And with these reasons which mentioned Above usually in the past all the Attention comes to Metal like Gold and the Value of it increase in Wars, but now Days Bitcoin(&Crypto Tokens) also gets more value and attention in war in my personal View and See gain in price too.
DISCLAIMER: ((trade based on your own decision))
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