A World At War and What It Does To Crypto

in crypto •  4 months ago 

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For anyone thinking the world is not at war you'd be clearly mistaken. This is what world war three looks like. Large countries taking pot shots at each other or funding various proxy wars to fund themselves. To think your government or any leader has you yourself in the best interest you need to realize fast that they don't and the only one that cares about you is yourself!

The markets are not enjoying this either. From record high inflation to wars raging on in the middle east, Africa, the pacific and Europe it's clear that the markets stock and crypto are becoming very wary about the state of the world.

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Truth be told we are in an era where destruction can be rained down higher than ever and with more precision and from further away. This further away conflict starts to remove the human element out of it as you fire off missiles and never see the impact or result of it itself. Making me feel like we are ushering in an era where this is going to start to become rather common place.

This is something the rest of the markets stock and crypto seem to be thinking as well as the world becomes increasingly more unstable.

However there could be another side to this. As wars heat up those accessing the resources often see a boost in their economy known as the war time economy where production and jobs ramp up, resources are taken and tapped into. This could also be the play of crypto and in particular bitcoin as a means of easier transactions, cross boarder and well anonymous in some cases.

This could actully start to spark a bull run and there's also a number of other supporting things happening at the moment which should support the price as well.

Bitcoin recently and the stock market recently hit a sharp correction yesterday when Iran sent missiles into Israel. This unknown often spooks markets and now that Bitcoin in particular is trading on the open stock market via ETFs it's most likely going to be more susceptible to these types of news events. Something we really haven't seen before in the past when it was disconnected from traditional markets.

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