Bitcoin can save some people's lives :-> - page 2.

camito

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Quote from: Kakmakr on February 11, 2020, 12:47:13 AM

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future. Wink

This is actually a good idea because with all the realizations from the present virus, people are now in extra careful and cautious in prioritizing their health. Electronic payment is advantageous since it is less hassle especially for busy people, saves time and effort, and most of all, can reduce the risk of being exposed to viruses which can be transmitted from object to person.

This will result however in putting pressure in banks or any payment system to accept crypto especially in small-scale businesses. I also think that if this is the case for China, then, the use of crypto can decline if the reason for its use is gone (when the virus is completely gone). But if the people learned from that experience, then little by little, the emergence of bitcoin will continue as long as it will be carefully monitored and observed.

ballerin and giroud

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I think this should be make as an attention for thosw people in wuhan. I heard some news also that there is people who wash the money because he is affraid will be exposed by corona virus. I think bitcoin and another altcoin can be use as payment system at this time. The government shouldn't be limited the utilization of payment system tool, at least this thing will help some people there. Also, I just hope that this virus is not spread to all country, I heard a few days ago that this virus has came to Europe i.e Italy.

verita1

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I can tell you that with BTCitcoin I make my purchases through the points of sale in supermarkets and I do it after I exchanged them to Fiat. Literally! I imagine that it works with most of our community.
I think that the day we can pay freely with Bitcoin and other cryptocurrencies are near. The idea is good that Bitcoin can save some lives in relation to the Chinese community that is fighting with the Coronavirus.

tbterryboy

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You do know that it is not every location that will be making use of online payment. There are places that might be too local and not accepting such types of payment.

Just like in my country, you will only be able to make use of advanced payment like debit cards, mobile banking and others in big cities only. That’s where you will see big supermarkets and fast foods and the rest of them that allows you to make payment using your debit cards, mobile transfer or even PayPal (people don’t use Bitcoin yet). But in local places, nobody is ready for such, they will only accept cash from you and nothing else.

fortunecrypto

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Quote from: Kakmakr on February 11, 2020, 12:47:13 AM

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future. Wink

You have a point here, maybe in the future this suggestion can be used it will keep people safe from transmissions of any viral diseases because this is not going to be the first one that is going to happen, many new virus that are more viral and contagious that could come out in the future and this is a good options to trade commodities and cash.

millionaireshs

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Quote from: Kakmakr on February 11, 2020, 12:47:13 AM

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future. Wink

This has a point, maybe fiat currency was very prone to viruses and infections that is why online payment was booming. Aside from fast transactions we can encorporate our crypto to it making us more free to pay in digital currency or in crypto currency. it is happening today big companies are starting to accept crypto as a form of payment and thia waa a good sign for crypto ecosystem.

AdoboCandies

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That's right there are many lives that is saved by bitcoin. there are donation sites that will go through different charities that will be truly helpful to others, and online payments is one of it's pros like in wuhan china, there are a huge risk to acquire the disease by touching the money that has been exposed to the virus, and i also watched that there are some scumbags that are intentionally spreading the disease by spitting everywhere, like in the groceries, the buttons of the elevator, there are special place in hell for them.

NavI_027

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Quote from: Kakmakr on February 11, 2020, 12:47:13 AM

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future. Wink

Yeah, it's true! The current infection tend us to use crypto or any form of electronic payment for doing transactions. But then again, until when? That's the sad reality mate, what if that reason gone, I mean the epidemic to be more specific? Of course people still go back to fiat because it was already set on their mind that it was their preference. I don't want to become the pessimistic here but I think we will never achieved crypto revolution as long as there is one who is against or at least not willing to use it Sad

.

FaithInCrypto

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I've been using cashless transactions lately and it is very convenient. I just worry sometimes that the system might fail so I won't be able to purchase anything, LOL! Anyway, I think cashless transactions really helps to avoid or prevent viruses from spreading so it is a great advantage if everyone uses cashless transactions and it will be better is Bitcoin is really one of the options.

Yamifoud

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I think the transaction is safe, but I think the Coronavirus can still spread through goods, food, and so on. Well, I've seen the news about it. however, if this is only a donation, it can be done using digital money like bitcoin. however, I feel that dealing with physical goods requires special attention at this time.

It can spread through any stuff if it has contact with an infected person. To keep safe from this scenario, it is better not to use anything coming from them.

It was said that it could also a big help to use online transaction or any cashless mode of transactions can be right but I don't think that crypto gives some shot to them knowing that China is against crypto. I know we'd love to give some donation for them but somehow may our help could be just rejected in a way that China is not looking for any help (in my opinion). They have a lot of money to fund and medical facilities to cater to their people, may the best help we could do for them is a prayer and not letting this virus could spread to the other country.

Shasha80

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I don't even think that way, it's also true that excess transactions using bitcoin we don't need physical contact. So it can prevent
transmission of disease, this is indeed a plausible reason why we should use it immediately bitcoin as payment. Hopefully those
who refuse bitcoin can realize this and be open minded. And in the end bitcoin can become a global currency.

Kotone

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Quote from: Tasrifhossain on February 18, 2020, 11:17:51 AM

In my opinion this is possible, but if we look at China in the present case, we can see that there is in fact a horrible shape that the electronic payment method in my opinion can be a good medium to prevent that disease.

Why is that? China is one of the most powerful country to date. What they are doing is natural action towards an active disease. OPs idea is great but somehow government will likely to halt such process where chances of being affected still on. Even though the physical touches would be gone. Indeed there will be always a point to consider.

Quote from: ?? on ??

As much as this sounds easy, there are still alot of limitations that will hinder this process, one being that many people are still not familiar with the use of digital currency.

One of the potential reason. We cant assume all can use or manage this level onf tech or inteligence on Chinese premises. Not all can easily use digital as if all of them have the chance to experience. Isnt it? So chances are atill off.

Stedsm

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@Kakmakr, your initiative is great and mentality is awesome, but it's all about China and their control and whatsoever will happen, they can't and won't let their power slip out of their hands into a digital asset which cannot even be touched. Your thinking is quite different and impressive about BTC and how it could save lives, but they'd not prefer to pay fees in BTC instead of trying to save a lot these days knowing the fact that all types of businesses in China are stalled and they are yet to face the worst - after coming out of Corona virus.

hahay

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As much as this sounds easy, there are still alot of limitations that will hinder this process, one being that many people are still not familiar with the use of digital currency, so it won't be easy for such people to know the right sat to charge or how to even transaction with such a volatile currency,
The acceptance is where the problem lies.

Yes, acceptance is the problem for bitcoin but in the current era the use of digital currencies has become part of the lifestyle of most people, because in this era any transaction can be done with digital or electronic payments, so I'm not sure if there are still many people in the world who don't know how to use this kind of thing.

Tasrifhossain

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In my opinion this is possible, but if we look at China in the present case, we can see that there is in fact a horrible shape that the electronic payment method in my opinion can be a good medium to prevent that diseaseThe probability of spreading human diseases is very low, and this is what I found out on YouTube yesterday that people are actually using different types of electronic currencies in their countryBecause of the currency, I have no possibility of spreading any kind of germs as compared to the fiat currencies prevalent in all markets ☺️☺️

Sanugarid

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Quote from: Kakmakr on February 11, 2020, 12:47:13 AM

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future. Wink

I agree most specially right now where virus outbreak is very evident among many countries in the world. With the use of cryptocurrency, we can have less contact toward each other every time we make a payment which will eventually lead to the prevention of much spreading of virus. Imagine how many lives can be saved, even a country actually. We need to consider such back up plans in order for us to survive this world which is full of chaos for the past few months. We can also improve the economy of some countries while curing Corona virus.

bearexin

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Quote from: Kakmakr on February 11, 2020, 12:47:13 AM

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future. Wink

Lol, you should have just said that they should switch to accepting online payment. I heard that a lot of people have chosen to be working from home instead of going to work there, but it’s not every work that can be done from home so most of them will still have to go to work and find ways to protect themselves from getting affected.

I am seriously hoping that they find a way to stop this once and for all. And yes they should be making use of electronic money right now like Bitcoin as that would help them not to regularly be in contact with cash and stay safe.

TheUltraElite

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Bitcoin can make people die suddenly when seeing bitcoin price down to lower price, how many people looks frustrated after buying bitcoin in higher price about $16k and what situation when seeing bitcoin right now down, will be side to make some one die suddenly when not ready with bitcoin going down.

Actually you are having a biased opinion here. Both fiat and bitcoin can be the cause of lives but to what extent cannot be verified yet. People lose money become sick but let's keep it to just money and not specific modes of payments because no such research has been done yet to examine the effects bitcoin has or fiat does not and also vice versa.

A certain virus being incriminated to be a cause of death mediated by fiat, is too much a paid variety of news to upstroke bitcoin which is not fair in terms of fiat's side too. You have to understand both sides of the story. Embarrassed

Sanugarid

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Quote from: Krislaw on February 11, 2020, 01:58:43 AM

Paper money and coins has been known to carry viruses like Norovirus, Hepatitis A virus, Rotavirus. Virus can survive well on coins.
Great idea to adopt digital payment like bitcoin.

This is definitely true and this viruses could take lots of lives and that's the advantage of using electronic transactions through digital currencies. As we all know, cryptocurrency is multifunctional and it could play a vital role in different chaotic circumstances. I just hope that more merchants and huge businesses would use an electronic payment method to avoid physical transactions which could put our health at risk.

For me, as of now, the digital transaction is really a good idea ever since I knew about it, these viruses you have stated might support it. I can say that there are lots of viruses everywhere and physical contact with anyone is dangerous because just like what is happening right now, coronavirus is a global threat since it is spreading fast. That is why maybe you are saying that electronic transaction is better as of now and I am also agreeing with that.

Quote from: Baoo on February 17, 2020, 10:40:15 AM

There is a misunderstanding OP, Corona virus can easily transmitted from persons through other more ways, so it does not mean that Bitcoin or crypto payment in general can save people from this virus. Furthermore, it is certain that online payment through btc is more better than physical cash due to we are living in the era of technology. In fact, the crypto payment will probably achieve and widespread when the global recognization of Btc occurs as a legal currency. It may happen after many years I would guess but not in the near future.

Definitely, the idea is that bitcoin can really save people's lives not only with these transactions because in my own opinion, but BTC is also a great help to infected people especially to those countries that are infected by that particular virus. That is why I am thinking that BTC can really help people with that. In this forum, there are lots of people who are donating with some charities to help others, I think that is the idea of this subject.

Baoo

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There is a misunderstanding OP, Corona virus can easily transmitted from persons through other more ways, so it does not mean that Bitcoin or crypto payment in general can save people from this virus. Furthermore, it is certain that online payment through btc is more better than physical cash due to we are living in the era of technology. In fact, the crypto payment will probably achieve and widespread when the global recognization of Btc occurs as a legal currency. It may happen after many years I would guess but not in the near future.

Topic: Bitcoin can save some people's lives :-> - page 2. (Read 979 times)