The one thing all these conflicts is that the United States has been stoking the flames in each of them. The US will try to use its hegemony in an attempt to influence the outcomes. Countries that don't want to be at their mercy should consider using Bitcoin as an alternative. There is no reason why countries who aren't directly involved to put their own interests aside and stop transacting with sanctioned countries. Ordinary citizens of Palestine and many other places are unable to get aid that can alleviate their suffering and permissionless money is one of the very few options for supporting humanitarian organizations based in those areas.

I think, that in case of WW III we will not need any money anymore. It will be about global instinction. At least, i hope that it will stay at local levels. In this case, bitcoin can act as a hedge against war, yeah

You mean extinction right? I disagree that bitcoin will be a hedge against war, I mean if that was the case, bitcoin would've been pumping non-stop with the advent of Ukraine-Russia war right?

Regarding global conflict, if your country isn't in any way affected, pretty sure that bitcoin would still do you good although if you're in a country affected by war, you're better off buying precious metals with your bitcoin and then try hoarding it because raw materials like iron and steel will be in demand.

In the case of global conflict bitcoin can 100% be considered as a potential alternative. Its decentralised nature & cryptographic security make it resistant to censorship & control by any single government or authority. Bitcoin operates on a global scale allowing for seamless cross border transactions & potentially serving as a store of value in times of economic uncertainty. The 21,000,000 hard cap is one of its best features. Bitcoin can be volatile though & its acceptance as a widely recognised alternative may vary depending on the circumstances & global sentiment. It’s always wise to diversify investments & consider other assets as well.

If somehow our country get involved with this stupid wars, I would absolutely transfer majority of my money into bitcoin instantly after hearing the news. This is to protect my money and if ever I plan to flee my country, it would be easy to carry my assets with me. No way that I would still keep some of my money in banks after hearing that kind of news. Though global war will be different because I assume that it will trigger bitcoin price going up given that mostly everyone who knows cryptocurrency will transfer their assets into bitcoin and other crypto. Though I'm not sure about that since probably internet will be affected when that happen.

I think so, but we must make sure we have wide access to internet through satellite, so the destruction of the war won't incapacitate access to our money. The cons on that matter, is that we depend on the good will of some key figures of the technological sector, like Elon Musk who made internet available for ukranian forces in the war, but once they needed it for a counter-attack, he simply cut the access.

On this aspect, we are indirectly centralizing access to our own money, because if we had Bitcoin on that situation, we would be unable to access our wallets and make our transferences, sales and purchases. So we must analyze how autonomous we would be over our own BTCs in a chaotic war scenario.

After all, we would also need a decentralized satellite system or a strong trust on a centralized system that they would never foolish us for whatever reasons.

Well, having Bitcoin has always been an advantage to the holders or investors because it's an asset that doesn't devalue like physical cash, and the purchasing power doesn't weaken because 1 Bitcoin is always equal to 1 Bitcoin. So, in times of any economic crises or war, those who have the asset on Bitcoin are safe because it will not be depreciated; rather, the price can drop but will surely rise again and even grow above the investor's capital, giving him or her the opportunity to archive profit. For someone who holds all their assets in Fiat, perhaps let's say they save their money in the bank. First of all, during any critical crisis, it might even be difficult for those citizens to be able to access their money.

This is exactly my point. Most people on the thread are just going haywire with the replies forgetting that in the event of a global scale war, the relevance of any monetary item will go down to zero. So Bitcoin might not even be in the picture for most part of the war. Of course, this assumption is based on WWI and WWII.

However, A point to keep in mind is that Bitcoin was in demand in the face of a growing pandemic in 2020. It's not the same event but that's the point.

It depends on the scale of the conflict and how far or close you are to it, if you are close to the conflict then your priority should be to get away as soon as possible, and bitcoin has the advantage that you only need a piece of paper to move your coins, so it adds to your mobility, however if the conflicts that we are seeing around the world escalate and we get another world war, then probably the best store of your wealth at that point could be food and other useful stuff which can sustain yourself and your family for an indeterminate amount of time.

There are more number of wars going on. Think of the Ukraine - Russia war, there were heated discussion for some time period and media have forgotten it. So is the people, and now it is Israel - Palestine. Same as this we were able to see more number of wars taking place around the world. In certain things it is really impossible to reach a solution and one such is with the Israel-Palestine issue. Bitcoin is all about the decentralised functioning and not it doesn't have much of dependency over the traditional market. So, there'll be fluctuation and the same doesn't have major movements in the market.