Cryptoeconomics: In times of war, cryptoeconomics faces a complex dynamic: while some see it as a safe haven asset against the volatility of traditional currencies and geopolitical instability, others consider it a high-risk asset that collapses along with other risk assets. The market reaction can be ambivalent, with an initial drop due to fear and the search for liquidity, followed by a possible recovery and growing interest as a store of value, especially if governments respond with monetary issuance.

Many countries are affected and others favored by the high demand for digital assets in times of war.