It certainly is, though it also takes many people's lives. Now many company also trying to approach a more efficient way to deal with the pandemic and while at the same time improving the workflow. I personally do like the nature of working remotely though it's just feel a lot more relaxing and all. Not to mention that the pandemic also forces us to use any digital means of paying things whether it's offline and online, at first it was through centralized digital payment services now it seems among the millenials we've been moving to cryptocurrency.
I wonder how much slower cryptocurrency gonna got its fame if not for the pandemic.
Topic: COVID advanced the world into the future - page 16. (Read 3227 times)
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
well , that how the new world works, when something direct is no longer possible, humans are required to find other options , eventhough its a bit creepy , i mean for example , I don't have the enthusiasm to watch football anymore, since the euphoria of a match no longer exists, because the fanatical supporters were no longer there ,but what can we say? , we have to adapt, and consequently bring more opportunities for any company that is a virtual technology type.
Pandemic changes people's lifestyles and it benefits the economic sectors you have listed above. In general, a pandemic brings enormous losses compared to the small benefits mentioned above.
The world is not changing, it is adapting to current conditions. I believe the world's economic industries will return to their true value and trajectory once the pandemic ends.
The world is not changing, it is adapting to current conditions. I believe the world's economic industries will return to their true value and trajectory once the pandemic ends.
From the chart, I was wondering how financial services, education, and oil and gas are potential losers during the pandemic. I don't really see the point because it is only when the services are rendered that there will be a gain or loss to both parties but during the pandemic financial services are still rendered it was even the people who save with this service providers that are at the losing end.
I agree, it does seem to have accelerated something that was inevitably happening anyway: the transition to the digital world.
Another thing I see that has changed is the meetings: the long trips that used to be made to meet in person, with all the economic expense that implies. I think COVID has definitely changed that. There will still be trips to meet in person, but far fewer.
Another thing I see that has changed is the meetings: the long trips that used to be made to meet in person, with all the economic expense that implies. I think COVID has definitely changed that. There will still be trips to meet in person, but far fewer.
The only benefit I see from covid is that if forced world economy to restart. Weak, useless, ineffective business and services has died, while those who wanted, evolved and survived. Those who wanted, managed to adapt their work to current realities. The bad thing about all this - humankind paid a really high price for all that.
There was without a doubt many industries that were in place just because of inertia and because the government decided that this was the best outcome as too many jobs will be lost, but when the pandemic came they could not offer protection to those industries and the jobs were lost anyway, this should show us that progress should not be stopped for political concerns as sooner or later it will impose itself whether people like this or not. 
IMO, regardless of the pandemic, the shift will always happen and the paper business is actually the one on which it is losing its industry very much now.
Imagine, schools being done over the internet?
Notes being written with digital notepads and sticky notes? Even people didn't even notice that they aren’t using papers that often anymore compared to when the internet wasn’t there and not yet developed.
There will always be shiftings that would happen and that is the reason why we’re here. Financial services are becoming different now and it’s becoming much free, services being offered have become more convenient and the freedom is there, IMO.
Imagine, schools being done over the internet?
Notes being written with digital notepads and sticky notes? Even people didn't even notice that they aren’t using papers that often anymore compared to when the internet wasn’t there and not yet developed.
There will always be shiftings that would happen and that is the reason why we’re here. Financial services are becoming different now and it’s becoming much free, services being offered have become more convenient and the freedom is there, IMO.
Not just that, more people will get fat when the economy goes back to sub-normal. 
Almost everything now can be bought online and processed thru delivery.
The good part, you can also pay thru digital cash applications or bank transfer. That means lesser cash which is being pushed even before the pandemic.
But I have never seen one merchant yet that sells product and accepts cryptocurrencies as payment.
I guess the volatility is still the wall that stops them from accepting it.
Almost everything now can be bought online and processed thru delivery. The good part, you can also pay thru digital cash applications or bank transfer. That means lesser cash which is being pushed even before the pandemic.
But I have never seen one merchant yet that sells product and accepts cryptocurrencies as payment.
I guess the volatility is still the wall that stops them from accepting it.
Digital cash is very common now. Many of them are competing which is convenient. Its easy to use since there is no ID verification to it too and with just a phone you don't have to travel to visit a remittance center.
Was also waiting for a store nearby that will accept BTC or whichever cryptocurrency just to see that at least in my lifetime I could experience paying BTC to a store or maybe a fastfood using my android wallet. And yhen I could say finally its adopted I've waited for years tbat I dont have to fly to Tokyo.
The pandemic didn't give us any side benefits at all, it forced us to change our way of living wherein it is mostly detrimental for us. Some people might consider it as a blessing in disguise but that is all because we are not on the same boat. Not everyone is privileged nor have the ability to provide daily needs due to losing their job because of COVID. The outcomes or the after effects of this pandemic after it is done will surely be devastating and it would mostly impact the economy of the third world countries. Countries like China might take advantage of the moment as they were able to neutralize the situation within their nation.
Every bad has a good to it. Covid-19 wasn't good because it drained many economy and put them into recession. What about the lives that were lost and still losing, it has created fear and shaped humans to a new normal, face mask and distancing that are preached every time sounds like drums into our ears.
The other side too can't be overemphasized because the online jobs and businesses have grown away from what it was. Jobs online have started creating wealth and bitcoin rise to greater popularity is also part of it.
The other side too can't be overemphasized because the online jobs and businesses have grown away from what it was. Jobs online have started creating wealth and bitcoin rise to greater popularity is also part of it.
Not just that, more people will get fat when the economy goes back to sub-normal. Almost everything now can be bought online and processed thru delivery.
The good part, you can also pay thru digital cash applications or bank transfer. That means lesser cash which is being pushed even before the pandemic.
But I have never seen one merchant yet that sells product and accepts cryptocurrencies as payment.
I guess the volatility is still the wall that stops them from accepting it.
Almost everything now can be bought online and processed thru delivery. The good part, you can also pay thru digital cash applications or bank transfer. That means lesser cash which is being pushed even before the pandemic.
But I have never seen one merchant yet that sells product and accepts cryptocurrencies as payment.
I guess the volatility is still the wall that stops them from accepting it.
Covid forces us to adopt working remotely, school teachers today now has to teache infront of the laptop while the kids watches the teacher speak. Old folks has to learn facebook messenger now to they could talk and see relatives at the same time. Its neccessary to learn how to use gadgets or they are going to die of loneliness.
Easy for them to use the internet now and do onoine transactions too. And its not going to be hard to introduce crypto wallets or CBDC.
The only benefit I see from covid is that if forced world economy to restart. Weak, useless, ineffective business and services has died, while those who wanted, evolved and survived. Those who wanted, managed to adapt their work to current realities. The bad thing about all this - humankind paid a really high price for all that.
I think most of us would rather not have had COVID. It has been devastating for many economies and it took a bad toll on people. However it has had some side benefits (some may argue that having Trump removed for now may be one of them, LOL).
I am talking about the digital revolution that was already taking place, yet still had some bumps along the road to occur, and has been forcefully implemented by many companies that required their people to keep on working. I am also talking about the immense number of new influencers and subscription services that had increased their adept several times-fold. All this would have taken ages otherwise.
A source on the matter.
I am talking about the digital revolution that was already taking place, yet still had some bumps along the road to occur, and has been forcefully implemented by many companies that required their people to keep on working. I am also talking about the immense number of new influencers and subscription services that had increased their adept several times-fold. All this would have taken ages otherwise.
Quote
demand for services that can be performed remotely or provide solutions to the challenges of reduced personal interactions, such as information and communications technology (ICT), and deliveries, has increased significantly. In a span of three months, the pandemic has resulted in a 63 percent reduction in demand for hotels, while increasing demand for ICT by a comparable rate
A source on the matter.
Jump to: