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Topic: Bitcoin can save some people's lives :-> - page 6. (Read 939 times)

hero member
Activity: 3094
Merit: 929
February 11, 2020, 03:23:39 AM
#7
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 don't really think that the coronavirus is transmitted via touching paper money,coins or anything else.
It's transmitted via air and moisture.Even if its was transmitted via touching paper money,you can see that people all over China are using gloves now.Switching from fiat money to digital money will lead to more people using Wechat Pay(like you mentioned) because it's more convenient than BTC.Very few merhcants and buyers might switch to Bitcoin or any other altcoin.
legendary
Activity: 3374
Merit: 1824
February 11, 2020, 03:03:44 AM
#6
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

Interesting example but people still have to go out in order to buy food or other things needed for everyday life.
They can use digital payment but can't eat digital food 😀
Authorities have to change laws and  create necessary regulation before crypto can become regular way of payment.
They will not do it because of Corona virus but only if they find a way to control crypto transaction, collect taxes etc.
It will not happen over night but I agree that because of such situations more people may start to use crypto in daily life and will put more pressure on authorities to accept crypto.
sr. member
Activity: 1204
Merit: 388
February 11, 2020, 02:58:43 AM
#5
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.
sr. member
Activity: 1036
Merit: 281
February 11, 2020, 02:41:11 AM
#4
This is why online payment is much more better than physical payment.
We don't know how much virus or germs does one coin or paper money have since there are so many people who already touch it.
We couldn't know if some ill people have touch it before and their virus could be transmitted by it.
Online payment system is good and have a lot of advantages, people in Wuhan can prevent spreading virus by using digital payment system than using traditional payment system which is fiat money where the virus can spread through the use of it. I also read anarticle about it where people of Wuhan are now prefer to use digital oayment system for their safety and health concern, poor payment system is also a matter and it can solve by the use of online payment system.
sr. member
Activity: 1162
Merit: 252
February 11, 2020, 02:39:54 AM
#3
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

When it really happens, the bank system will be chaotic because of bitcoin, so before that happens, the main obstacle is that the bank system still cannot legalize for bitcoin to become an electronic payment.

Actually, if we discuss further the method with electronic payment can be more effective than the local payment method. of course this can be one of the innovations that can soon be realized.
member
Activity: 294
Merit: 13
★777Coin.com★ Fun BTC Casino!
February 11, 2020, 02:29:53 AM
#2
This is why online payment is much more better than physical payment.
We don't know how much virus or germs does one coin or paper money have since there are so many people who already touch it.
We couldn't know if some ill people have touch it before and their virus could be transmitted by it.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
February 11, 2020, 01:47:13 AM
#1
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
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