Bitcoin is currently priced at $73,000, up 21% from its low. Many are still hesitant to buy, having been told the price will drop even lower. One argument is that war—which disrupts the transport of real estate, luxury cars, gold, and oil—will also cause Bitcoin deflation.
They may be forgetting that Bitcoin cannot be blocked, destroyed by missiles, or intercepted by border controls, and its transportation costs are virtually zero.