Holding Bitcoin is a good idea but remember to hold money to buy daily necessities. And if your country does not allow using Bitcoin as a means of payment, you still have to use fiat money. But if the conflict didn't happen all over the world, other countries would still be as usual.

I might still hold Bitcoin for long-term savings and use fiat currency to buy daily necessities. And I will also collect money to buy gold. Owning gold could also be a good option for me. Other people may have different choices because it depends on where they live.

But most people may choose gold because they only know that it can be used as savings and protect their assets. And some people don't care about this and only use fiat money to survive. Well, it's everyone's choice.

It depends on how you see bitcoin, handles it and use it, there have been several occasions of bitcoin being a rescue in the face of chaos, when we are a bitcoiner, we have many opportunities to see bitcoin served us, we can also be the one to chiose how we receivee these financial economy benefits either through the investment we made with our asset or i ot acceptance as a means of making payments for our enterprise, considering the name and fame bitcoin had made already without being biased.

I don't understand why you have such thought.

During crisis, your fiat will become worthless because the inflation surge really high.

During crisis, your real estate will become worthless too because no one want to buy it and many people would harm any buildings due to chaos.

During crisis, bonds will be worthless too since the government is struggling.

Gold need a good space and heavy, it's not flexible.

Only Bitcoin which can escape from everything I mentioned above.

In case of war, Bitcoin in not usable, because probably you will not have electricity and Internet. Plus banks will be closed, so you can not exchange Bitcoins to FIAT too.

Fiat will still be acceptable as long as the inflation doesn't make them worthless. But we sure can see it will go that way if war tends to prolong. It is safe to assume banks will still launch CBDC though. This I think is one of the most possible things to happen even when there is war.

We know gold is sound currency but I doubt it will be important for the people when chaos strikes, the food, water, and medicine are going to be more valuable than BTC and gold.

The war between Israel and Hamas has nothing to do with Bitcoin because that war is a bilateral issue not an international issue. The war can impact the fiat currencies of the affected countries and Bitcoin can be savior in such times. Bitcoin is acceptable all around the world and can be accepted as a way of payment during hard times. The fiat currencies of those countries may lose some of the value and in such times Bitcoin won't lose any value and can be the best asset for the ones who live in those countries.

I don't think that China-Taiwan will take any steps towards war because China will never want to have any war with its neighbor country Taiwan. Although their relations aren't good but the war is not the only option I guess. The Bitcoin will hold its value during most critical times.

I believe Bitcoin doesn't lost its value due to Russia-Ukraine war and it won't get impacted by that war at all, but because it lost its value because of the scam coins, exchanges, and banks that were claiming to be good for crypto market. Bitcoin is the best way to protect your money from losing its value and yes it's the best asset for everyone. It will work better than gold during such war situations and it will work all the time.

In my opinion, Bitcoin holding will not only protect our assets in case of such Global Conflict, Bitcoin is always an alternative choice to make our assets more valuable in the future. But we also have to keep in mind that Bitcoin has volatilities, if you currently invest your necessary assets in Bitcoin, you should do it for the long term because its volatility can lower or increase the value of your assets at any time. It will act like gold only when invested in it through a long term strategy.
Now my only point is that if your asset is such that you don't need it now and you want to invest in it for the long term in the future and you don't have to touch it even in an emergency situation then I would say you can invest there. Because in case of emergency case, if you have to withdraw BTC from here, it may happen that your asset protection will be fine but the value will decrease.

Yes, it is one example is the war between Ukraine and Russia I read one story where one Ukrainian sold all his assets and converted them to Bitcoin now he's waiting for the war to be over and while waiting his assets are growing, but in times of war in your country you need to protect your passphrase and its much better than carrying gold or cash because, in times of war, looting is very prevalent.

Also in times of war, your safety is more important than any of your assets, protect yourself first and if the war ends you have also protected your Bitcoin, there's a lot of uncertainty in times of war and there's no guarantee of how and when the war will end do your main priority in times of war is your safety and your love ones, they are the most valuable assets.
 

Hamas groups got courage because they are probably backed by some Muslim countries.  They won't do such acts if there is no backers that can support them with their terrorist act.


I also think that Bitcoin will be effective in war as long as major countries are still operating normally.  But when it comes to world war where almost all country are engage in war, I do not think it makes a difference since global transaction can be possibly disabled due to global effect of the world war.  Distruction is everwhere and possibly even electrical and water supply will be affected.  Without electricity and internet, Bitcoin transaction  cannot be process due to miners unable to mine due to lack of internet connection and electricity

We are here often a lot story world between 2009 - and 2023, Is Bitcoin dead? No, bitcoin still exists even the price always fluctuates following the expansion. For those people who have experienced many incidents bigger than today, this is not much to worry, because the price is not so volatile than incident in past. So, if I were you, I will prepare a new cash to DCA more bitcoin. I still remember when covid happen on 2019-2020, there was a lot of confusing news that say bitcoin will die soon because many people take cash. But, what happen next is does not match their expectations, bitcoin price instead forming a new ATH, and demolished all the statements from editorial news.