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Topic: Corona is spreading in many countries!! Bitcoin is a solution for transactions - page 5. (Read 1000 times)

full member
Activity: 1330
Merit: 147
i hope this will happen to avoid being infected but i think it has no clearly at this time. because more people dont know bitcoin and more people they are know but don't know how to transact via bitcoin.  i agree for this sulotion to avoid infected for any viruses if all of us know how to use this currency.
Lockdown is a great time to teach what bitcoin is to someone who closes to you. They have more time to understand what exactly bitcoin and how the function. I have doing it right now, send them an image about bitcoin and if they have more interest I'll call them and give them an article about bitcoin and thus far it still going work. Actually, my final intention is not they use bitcoin as payment system for the first time, but I tried to teach them how benefit from bitcoin if they have it. And yeah they are interested, especilly with this current situation they need a side income and I'm tryin' to introduce about trading too.
sr. member
Activity: 763
Merit: 252
i hope this will happen to avoid being infected but i think it has no clearly at this time. because more people dont know bitcoin and more people they are know but don't know how to transact via bitcoin.  i agree for this sulotion to avoid infected for any viruses if all of us know how to use this currency.
hero member
Activity: 1302
Merit: 503
Well, as COVID-19 has no cured yet, many people are afraid of going outside just to do some transactions in real life, they are afraid of purchasing some goods and stuffs because of being afraid to be attached from other people, so they are also afraid of using fiat currency so the best option that they can use is the cryptocurrency, but the problem is some countries do not still accept bitcoins and different cryptocurrency in their land so they can't still use it, I hope that this situation will be a lesson fro everyone especially to the officials that they should really accept the bitcoin because it can be alternative to fiat currency when some crisis happens again.
- You are seriousizing this issue, although people are very worried about the virus problem and restricting movement outside, but in general, buying some goods is very normal, they always have disinfection measures before using, acceptance for bitcoin is not necessary right now. Besides, if people do not want to move out, using payment via internet banking can still use, it is even more convenient than bitcoin many times when this is a service under government control while bitcoin as you say, the government still considers it to be unreliable to the people
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
I do not think people will be interested in using BTC instead of Fiat. Fiat has more acceptance than BTC around the globe and in crisis situation people tend to keep fiat handy.

Almost all fiat currency can be traced digitally, therefore I do not see the use of Bitcoin in such a situation. In my country we generally use mobile wallets that are connected to our bank account at local stores.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
Well,  I wouldn't agree with you. People would rather have their money as fiat funds than in bitcoin at the period of Global pandemic , because there's not limitation to fiat transactions unlike cryptocurrency. People,  especially those in counties with total economic lock down need as possible their money easily assessed.
This paper currency is much more prefered to use by many people than online payment.
For example here in my country all do more people know and adopt crypto currency there are only few or sometime no department store accept crypto as mode of payment . How will you buy things food that you need using crypto/ bitcoin if they dont want to accept it as payments.
People will prefer the convenience of using fiat because they can easily used it as a payment method to provide their needs. Bitcoin may be beneficial, but we can't change the fact that some people aren't even aware that a digital currency existed. The virus can be easily transmitted through contact with infected person and bitcoin may help to stop spreading of the said virus, but people will surely choose the currency they grow up with and the currency that will help them purchase goods and services on different stores.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
Well,  I wouldn't agree with you. People would rather have their money as fiat funds than in bitcoin at the period of Global pandemic , because there's not limitation to fiat transactions unlike cryptocurrency. People,  especially those in counties with total economic lock down need as possible their money easily assessed.
This paper currency is much more prefered to use by many people than online payment.
For example here in my country all do more people know and adopt crypto currency there are only few or sometime no department store accept crypto as mode of payment . How will you buy things food that you need using crypto/ bitcoin if they dont want to accept it as payments.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
I guess this depends per country to country, some countries does not have good adoption with crypto, so crypto can't help them and I don't expect they'll try to educate themselves during this pandemic we are experiencing now.

People in developed countries, maybe this would really help them since bitcoin has good liquidity and they can exchange their fiat to bitcoin (vice versa).
 
Exchanges who are adding fiat gateway gives convenience to users too.

Will see, at this time, it's also good to invest and hold bitcoin, who knows the demand will significantly increase.  Smiley
full member
Activity: 742
Merit: 160
Well, as COVID-19 has no cured yet, many people are afraid of going outside just to do some transactions in real life, they are afraid of purchasing some goods and stuffs because of being afraid to be attached from other people, so they are also afraid of using fiat currency so the best option that they can use is the cryptocurrency, but the problem is some countries do not still accept bitcoins and different cryptocurrency in their land so they can't still use it, I hope that this situation will be a lesson fro everyone especially to the officials that they should really accept the bitcoin because it can be alternative to fiat currency when some crisis happens again.
jr. member
Activity: 268
Merit: 4
Well,  I wouldn't agree with you. People would rather have their money as fiat funds than in bitcoin at the period of Global pandemic , because there's not limitation to fiat transactions unlike cryptocurrency. People,  especially those in counties with total economic lock down need as possible their money easily assessed.
member
Activity: 92
Merit: 17
Largest BTM network in Vietnam
While Bitcoin itself is a "clean" transaction method, for Bitcoin ATM operators [for background - we are Vietnam's largest Bitcoin ATM operator] these times are especially challenging.

Three main challenges to tackle:

- Cleanliness/Hygenie of the BTM itself
- Cleanliness/Hygenie of the Bills provided by the BTM
- Host venues possibly closing down


1) In order to avoid that your machines become a germ incubator which spreads possibly diseases from Bitcoin ATM user to Bitcoin ATM user our staff has been directed to wipe the machine clean at every visit at the machine.
Furthermore we provided hand sanitizer at each machine in order to enable our clients to keep personal hygiene before/after touching the machine to reduce spread of potentially harmful virus loads.

2) We are refilling exclusively fresh bills from the bank these days in order to reduce the risk of the bills being contaminated.

3) This one is more out of our control as Bitcoin ATM operators given the widespread lockdowns and massive demand shock by lack of tourisits, visitors and locals dining out. Luckily our host locations so far are all providing delivery options and we do our best to help them promote their services in order to help them to come through these hard times.

So if you are in Saigon by chance, feel free to give the guys from Italiani's a call and order one of their tasty pizza's.

You can also find an interview with Ariel, one of the owners of the shop, here where she talks about her entrepreneurial journey and how she found out about Bitcoin.  Smiley

full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
People are dying mate, no one is caring for money or Bitcoin. Without Fiat money, Bitcoin would be nothing. It is childish to think a world without fiat and only Bitcoin available there! More than 3200 people died already, so, I am not interested in Bitcoin money, rather I am trying to save my family from this killing virus! 
Absolutely, but the point is that the transaction using bitcoin is better than physical transactions as of now since virus is really spreading so fast and hitting even the biggest and richest countries. It is indeed true that fiat is really needed as of now for help but I think there are some charities as of now that are being sent online so that they can help without getting infected, and it is way faster as we all know that. Bitcoin can be a support to those doctors who really wants to find and build a cure. Funds will also help the hospitals who are taking care of the people who are suffering from the said disease. Making transactions with bitcoin is way safer as of now to prevent yourself and your own family from this virus, you can make transactions indoors, paying bills, buying foods, and etc.
full member
Activity: 198
Merit: 102
we can see data in real-time from this site about Covid-19 Virus (Corona) which is currently serving almost all over the world


source: https://www.worldometers.info/coronavirus/

many effects that occur due to the spread of the virus that until now there has been no cure (report from WHO), not only deaths and economic changes have occurred due to the spread of this virus, but also many others;

1. Kab'ah empty
this is one of the extraordinary effects because we know that the Kab'ah is never empty by worshipers who want to worship (even during renovations).

2. Prices of spare parts (electronic devices & vehicles) are rising
China is famous for its counterfeit goods (KW) and cheapness, as a result of the spread of this virus many countries have shut down (export-import) to or from China.

3. the appearance of strange greetings "Leg Shaking"
many people and even state officials are afraid to touch hands (shaking hands) so they do "Leg Shaking" to still be able to maintain intimacy and avoid contracting the coronavirus.

there are many more effects that occur and I can not explain one by one here (because it must be too long)  Cheesy

if everyone is afraid to touch each other, are they not afraid of fiat money when they trade because the virus can spread through paper money (drooling or sweating)?? 

This is the time we really use Bitcoin and CryptoCurrency as a means of exchange because we are physically not in contact with other people so we avoid contracting the Covid-19 virus (Corona). 

I hope the governments of countries around the world can think about this and even campaign it in their respective countries (doing transactions with digital money, cryptocurrency and not with paper money)


I posted on a similar thread that is the information on the below link https://www.google.com/amp/s/nypost.com/2020/03/08/who-offers-advice-about-using-cash-as-coronavirus-continues-totransactions is anything to go by, then Bitcoin might be the best option in carrying out transactions. With the use of Bitcoin and other cryptocurrencies, financial transactions can be carried out without fear of contacting the virus through exchange of currencies. Thus is clearly an added advantage to the existence of Bitcoin and other cryptocurrencies.
sr. member
Activity: 2030
Merit: 323
Yes you’re right, but right now there are lots of things that you can’t do with Bitcoin, I don’t know if it’s the same for other countries but that’s how it is where I live, though there is not much cases of Covid-19 virus, just only two people are with the virus, but everyone is still being careful so they are now making use of mobile banking apps.

There is more you can do with these mobile banking apps than with Bitcoin. When you open the banking app you will be able to use it to pay your bills – electricity bills, water bills, etc. But if you’re using Bitcoin you can’t do most of these, and there are no places where you can spend with Bitcoin like restaurants, and shopping malls. I heard in China people now mainly make use of WeChat Pay.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
People are really dying, it's not about money or coin . We all know Bitcoin would be nothing. It is childish to think a world without fiat and only Bitcoin available there! More than 3200 people died already, so, I am not interested in Bitcoin money, rather I am trying to save my family from this killing virus!
I also do not care about the wealth or even the Bitcoin that I have, I have 2 children and 1 wife that I love very much.. The core issue I discuss here is "How should government policy control the spread of the Covid-19 virus".  in my country they (the government) distribute masks and hand sanitizers for free but whether it has been effective in suppressing the spread of the virus??   when you go to a traditional supermarket you will find that very dirty banknotes are circulating there!!
snip..
Quote
The speed of transmission is an important point of difference between the two viruses. Influenza has shorter median incubation periods (time from infection to symptoms) and shorter serial intervals (time periods between successive cases). While the Corona virus serial interval is estimated to be 5-6 days. The influenza virus interval is 3-5 days. This means that influenza can spread faster than the corona virus

the two viruses are almost identical, but what sets it apart, for now, is that the vaccine for Covid-19 hasn't been found. Maintaining the condition of your body and your family is a very effective step that we can take at this time
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
The truth remains that sick people don't show interest in business and dead people don't go into business. The world is truly sick at this time now and that makes me question how Bitcoin becomes a solution to transactions. Oil price has plunged drastically because of Coronavirus that has affected many the so many countries that patronize oil. Even the crypto market isn't spared with total market cap dropping from over $300billion to $220billion at the moment. It's really a difficult moment for all as it sands now.
newbie
Activity: 3
Merit: 0
corona is too dangerous virüs.But we are from turkish.İn turkey clear zone.
sr. member
Activity: 2618
Merit: 439
we know that there are other online payments that having in the circulations now so the idea of bitcoin alone is now that much.
but heading forward yeah it is the online payment that will save the world in this issue and one of those are cryptocurrencies.
newbie
Activity: 2
Merit: 0
If the system fall because of the pandemic, neither Bitcoin or there cryptocurrencies won't matter anymore. Pandemic could disrupt the coal industry, electric power systems and everything that depends on it, including you access to the internet.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Why bitcoin?
Why not Paytm, GooglePay, Paypal, Payoneer etc..

I agree that fiat cash is likely to spread more of the COVID-19 and it would be better to use payment methods which does not include any external physical touch. Though bitcoin is a good payment method to tackle this issue, there are still many countries which do not accept BTC.
BTC can surely be used but online payment systems already exists which transfers fiat money directly to the person's bank account.
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
Maybe there is a chance that bitcoin can be a solution for the transactions in able to many countries to lessen the spreading of the coronavirus because this coronavirus or just spreading through physical contact and may be airborne we are using digital transactions or mobile banking if then probably will be able to lessen the chance spreading the virus all over the world or in some countries. It can be really a positive effect if this will be able to used by the people so that they can do transactions without having any physical contact with other people.
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