Economy after COVID-19 - page 4. | Bitcointalksearch.org

Btcvilla

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Quote from: suchmoon on May 15, 2020, 10:58:01 PM

Demise of cash doesn't automatically mean rise of new digital currencies. There is still going be digital fiat (credit cards, or whatever that CBDC thing is, etc) for a long time.

The economy in general will be fine but many businesses will not recover. A lot of people got a taste of doing things online who wouldn't have done it otherwise and some simply won't go back. There are entire industries that are in big trouble, like movie theaters.

Yes you are absolutely right , it is only this year that cinemas have started to reopen . But whatever it is, the cinema has lost a lot in this matter. There are still many factors that are harmed in this case, art workers, hotels are also affected as a result, causing a lot of unemployment. Everything has shifted to the online field. But whatever it is, crypto still cannot shift the existence of physical money.

ziennakarishma21

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The world's economy is being hit hard by Covid,Economics are facing a lot of stagnation, as companies are being hit hard, Unemployment is rampant, everyone is staying at home so All the attention was on cryptocurrency platforms, thus causing the market to fluctuate rapidly, causing the value of BTC to peak.

laohe628

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After COVID-19 i think the economy of most of the countries in the world will slowly get back on track, despite the heavy losses for every country. But when ends? I'm not too optimistic about it, it's been more than a year since the COVID-19 outbreak and hard to imagine that this epidemic has lasted so long and spread so far.

Sithara007

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Quote from: GelatikKembar on June 17, 2021, 06:55:08 AM

It's true that in the vaccination program in my country the elderly are preferred,
and so far it is rare for people under 18 to get the vaccine and I really hope everyone can get it soon,
and we also need to be aware that this will take a long time for sure

I guess in most of the countries, that is the case. Here in India also, the first preference (after healthcare/frontline workers) was given to those above 60 years of age. Then the second priority was given to those between 45-59 years. Only recently they opened up vaccination for those in the 18-44 years category. And for those who are below 18 years of age, there is no vaccine available yet (India is using only two vaccines as of now - Covishield and Covaxin, and both of them are not approved for children).

Expecto

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I think that the economy of developed countries especially will start recovering after COVID-19 is gone and become successful on it. But I'm not sure about the rest of the countries. They may have big problems when it comes to recovery.

ningrum

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nothing is easy after this Covid hit the world, all sectors not only the economy are very badly affected,
and poverty is increasing in every country, but after all is over, I believe the economy will grow faster,
because there will be many new startups in the technology sector who will dominate the economy in the county

Dollar_Hunter

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Quote from: bryant.coleman on June 16, 2021, 03:53:20 AM

Quote from: Abiky on June 15, 2021, 02:10:07 PM

Good point. Lockdowns have only slowed down the spread. But they're not a definitive solution for reducing the lifespan of COVID-19 in the mainstream world. What's important is to have a high vaccination rate so that herd immunity can be achieved in the least time possible. Governments can talk about recovering the economy to its original state once people are in good health.

The US has done a good job in vaccinating as much people as possible, but somehow it has seen an increase in the number of deaths. Americans won't eradicate COVID-19 if this keeps up. How long will the pandemic last will greatly depend on the collaboration of individuals and governments alike. The faster people get vaccinated, the faster we'll see the light at the end of the tunnel. I'm certain that the economy will look a lot different after COVID-19 thanks to the recent technological advancements. Just my opinion

The situation in the United States has definitely improved, and now they are reporting between 150 and 350 cases per day. Even in India, there is improvement. The daily number of new infections has come down to around 60,000 from an all time high of 400,000 plus. However, the primary concern now is Brazil. They are still reporting some 70,000-80,000 new infections per day and around 2,000 daily deaths. And in case of Brazil, having one of the most incompetent presidents doesn't really help.

That is why the government also has a very important role in dealing with this COVID-19,
because with the involvement of the government by making the right policies at times like this it will help in dealing with this situation,
And of course it's a shame that in Brazil the president doesn't help

GelatikKembar

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Quote from: Vishnu.Reang on June 16, 2021, 12:04:24 PM

Quote from: monineklutak on June 16, 2021, 09:18:35 AM

So far, I think that having a vaccine is enough to help prevent COVID-19,
although it's not 100% completely prevent but it's much better,
I hope more people get vaccinated soon and we'll see what happens

As of now, it looks as if vaccine is the only solution. But the biggest challenge is that it is not easy to vaccinate 7.5 billion people. Most of the countries have fully vaccinated only a small percentage of their population. And a majority hasn't started administering vaccines to those who are below the age of 18. It is going to take at least a minimum of 12 months to control the pandemic with vaccines (and that too with an optimistic estimate). And until then, the new strains of the virus will create spikes in the number of new infections and deaths.

It's true that in the vaccination program in my country the elderly are preferred,
and so far it is rare for people under 18 to get the vaccine and I really hope everyone can get it soon,
and we also need to be aware that this will take a long time for sure

Vishnu.Reang

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Quote from: monineklutak on June 16, 2021, 09:18:35 AM

So far, I think that having a vaccine is enough to help prevent COVID-19,
although it's not 100% completely prevent but it's much better,
I hope more people get vaccinated soon and we'll see what happens

As of now, it looks as if vaccine is the only solution. But the biggest challenge is that it is not easy to vaccinate 7.5 billion people. Most of the countries have fully vaccinated only a small percentage of their population. And a majority hasn't started administering vaccines to those who are below the age of 18. It is going to take at least a minimum of 12 months to control the pandemic with vaccines (and that too with an optimistic estimate). And until then, the new strains of the virus will create spikes in the number of new infections and deaths.

monineklutak

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Quote from: Coroline on June 15, 2021, 07:28:47 PM

Quote from: Abiky on June 15, 2021, 02:10:07 PM

Quote from: Vishnu.Reang on May 19, 2021, 02:06:20 PM

The United States is still reporting 700-800 deaths per day. I am actually surprised by the numbers, as the vaccination rate there is above 60%. Why so many Americans are dying despite such a high vaccination coverage? And regarding lockdowns, I don't think that many countries can afford that right now. The economies are not in great shape. Also, it has been shown that lockdowns only slow down the spread and not prevent the infections in the long run.

Good point. Lockdowns have only slowed down the spread. But they're not a definitive solution for reducing the lifespan of COVID-19 in the mainstream world. What's important is to have a high vaccination rate so that herd immunity can be achieved in the least time possible. Governments can talk about recovering the economy to its original state once people are in good health.

The US has done a good job in vaccinating as much people as possible, but somehow it has seen an increase in the number of deaths. Americans won't eradicate COVID-19 if this keeps up. How long will the pandemic last will greatly depend on the collaboration of individuals and governments alike. The faster people get vaccinated, the faster we'll see the light at the end of the tunnel. I'm certain that the economy will look a lot different after COVID-19 thanks to the recent technological advancements. Just my opinion

I agree with you, this depends on the cooperation between the individual and the government. Vaccines are only a way of many existing solutions and vaccines also need trials to really be an antidote to this virus. Many individuals feel they are guinea pigs, but it should be understood again that the key is cooperation and mutual trust between the two.

So far, I think that having a vaccine is enough to help prevent COVID-19,
although it's not 100% completely prevent but it's much better,
I hope more people get vaccinated soon and we'll see what happens

bryant.coleman

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Quote from: Abiky on June 15, 2021, 02:10:07 PM

Good point. Lockdowns have only slowed down the spread. But they're not a definitive solution for reducing the lifespan of COVID-19 in the mainstream world. What's important is to have a high vaccination rate so that herd immunity can be achieved in the least time possible. Governments can talk about recovering the economy to its original state once people are in good health.

The US has done a good job in vaccinating as much people as possible, but somehow it has seen an increase in the number of deaths. Americans won't eradicate COVID-19 if this keeps up. How long will the pandemic last will greatly depend on the collaboration of individuals and governments alike. The faster people get vaccinated, the faster we'll see the light at the end of the tunnel. I'm certain that the economy will look a lot different after COVID-19 thanks to the recent technological advancements. Just my opinion

The situation in the United States has definitely improved, and now they are reporting between 150 and 350 cases per day. Even in India, there is improvement. The daily number of new infections has come down to around 60,000 from an all time high of 400,000 plus. However, the primary concern now is Brazil. They are still reporting some 70,000-80,000 new infections per day and around 2,000 daily deaths. And in case of Brazil, having one of the most incompetent presidents doesn't really help.

Coroline

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Quote from: Abiky on June 15, 2021, 02:10:07 PM

Quote from: Vishnu.Reang on May 19, 2021, 02:06:20 PM

The United States is still reporting 700-800 deaths per day. I am actually surprised by the numbers, as the vaccination rate there is above 60%. Why so many Americans are dying despite such a high vaccination coverage? And regarding lockdowns, I don't think that many countries can afford that right now. The economies are not in great shape. Also, it has been shown that lockdowns only slow down the spread and not prevent the infections in the long run.

Good point. Lockdowns have only slowed down the spread. But they're not a definitive solution for reducing the lifespan of COVID-19 in the mainstream world. What's important is to have a high vaccination rate so that herd immunity can be achieved in the least time possible. Governments can talk about recovering the economy to its original state once people are in good health.

The US has done a good job in vaccinating as much people as possible, but somehow it has seen an increase in the number of deaths. Americans won't eradicate COVID-19 if this keeps up. How long will the pandemic last will greatly depend on the collaboration of individuals and governments alike. The faster people get vaccinated, the faster we'll see the light at the end of the tunnel. I'm certain that the economy will look a lot different after COVID-19 thanks to the recent technological advancements. Just my opinion

I agree with you, this depends on the cooperation between the individual and the government. Vaccines are only a way of many existing solutions and vaccines also need trials to really be an antidote to this virus. Many individuals feel they are guinea pigs, but it should be understood again that the key is cooperation and mutual trust between the two.

Abiky

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Quote from: Vishnu.Reang on May 19, 2021, 02:06:20 PM

The United States is still reporting 700-800 deaths per day. I am actually surprised by the numbers, as the vaccination rate there is above 60%. Why so many Americans are dying despite such a high vaccination coverage? And regarding lockdowns, I don't think that many countries can afford that right now. The economies are not in great shape. Also, it has been shown that lockdowns only slow down the spread and not prevent the infections in the long run.

Good point. Lockdowns have only slowed down the spread. But they're not a definitive solution for reducing the lifespan of COVID-19 in the mainstream world. What's important is to have a high vaccination rate so that herd immunity can be achieved in the least time possible. Governments can talk about recovering the economy to its original state once people are in good health.

The US has done a good job in vaccinating as much people as possible, but somehow it has seen an increase in the number of deaths. Americans won't eradicate COVID-19 if this keeps up. How long will the pandemic last will greatly depend on the collaboration of individuals and governments alike. The faster people get vaccinated, the faster we'll see the light at the end of the tunnel. I'm certain that the economy will look a lot different after COVID-19 thanks to the recent technological advancements. Just my opinion

Rajamuda

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There are many things that must be addressed in this regard and indeed must continue to learn to respond to the current situation and for the future, the internet is a good way of course, and over time I think this will all be able to be faced until we can find positive and beneficial things. The government will not stand still for the welfare of its people.

Vishnu.Reang

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Quote from: andriarto on June 14, 2021, 01:52:00 AM

Such a conspiracy is something that cannot be proven. related is true or not, but indeed if we conclude it seems related and it seems logical that China is behind all this, but again we can do much if there is no authentic evidence. I just pray that this pandemic will end soon and the economy will recover

If the virus somehow escaped from the Wuhan virological lab, then genetic sequencing can prove it. But what can't be proven is that this leak is intentional. Anyway, why should China unleash a biological weapon on its own population? And this is the reason why the other countries such as United States are not very keen to put the blame on China. Americans seems to have enough evidence in their hand to prove that the virus was genetically modified at Wuhan. But there are a lot of difficult questions that need to be answered before China is blamed.

AndySt

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Quote from: Obito on June 14, 2021, 04:39:12 AM

Quote from: buietaw on June 10, 2021, 05:00:14 PM

I absolutely agree with all of them. The world is no longer the old world. Life and habits are changing. I have slightly different views on the Chinese economy. I believe that they deliberately released the virus while the whole world was sinking and used it for their own benefit.

You're free to believe what you want to believe in but that doesn't mean that your belief is right. It doesn't really matter if they release it though, people have coped really fast to the pandemic so I don't think that they are that successful if their plan was to debilitate a lot of economy.

China is very dependent on foreign economic activity and foreign trade, so you have to have a very rich and perverted imagination to accuse China of deliberate activities related to the coronavirus. Also, the Chinese authorities are very tough on some issues, including those related to the fight against coronavirus, which at times are not compatible with democracy and human rights, but are very effective. Still, China is still a very closed state in terms of information from other states, so all sorts of conspiracy theories continue to move around our planet.

monineklutak

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Quote from: barabarian1 on June 14, 2021, 05:42:54 AM

its depend on which way they (government and public) choose.
government will lead public to control movement, if it success they can make good step forward to repair their economy. not only government, people need to hold their desire. its really hard because they cant produce what they need, but government must help, show their power to strengthen people.

Indeed, with the current conditions there is a need for good cooperation between the government and the people,
because if only the government alone would be difficult to deal with this,
I hope the economy can recover soon and return to normal even though it's not easy

barabarian1

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its depend on which way they (government and public) choose.
government will lead public to control movement, if it success they can make good step forward to repair their economy. not only government, people need to hold their desire. its really hard because they cant produce what they need, but government must help, show their power to strengthen people.

Obito

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Quote from: buietaw on June 10, 2021, 05:00:14 PM

I absolutely agree with all of them. The world is no longer the old world. Life and habits are changing. I have slightly different views on the Chinese economy. I believe that they deliberately released the virus while the whole world was sinking and used it for their own benefit.

You're free to believe what you want to believe in but that doesn't mean that your belief is right. It doesn't really matter if they release it though, people have coped really fast to the pandemic so I don't think that they are that successful if their plan was to debilitate a lot of economy.

andriarto

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Quote from: Sithara007 on June 14, 2021, 12:11:37 AM

Quote from: SaShiRaJaVu on June 13, 2021, 04:47:33 PM

We are yet to find the source of origin of the virus and the speculation that the Chinese used this as some sort of bio weapon is bullshit theory, if you are talking about the Wuhan lab then they are funded by the US government as well and they will not release the virus on purpose, either there is an accidental leak and that is the theory that is supported by many scientist around the globe.

No one here is supporting conspiracy theories, but there are a lot of questions that remain unanswered even after one and half years. A recent study claimed that there are clear signs that the virus was genetically modified to make it more lethal and contagious and then reverse engineered to remove the traces of this modification. Also, no one has been able to explain why there has been zero deaths from COVID 19 in China for the last few months, despite all the other countries in the world reporting deaths from the virus on a daily basis. Whether it was a deliberate attack from China or not, it can't be denied that they benefitted enormously from the economic meltdown caused by this pandemic.

Such a conspiracy is something that cannot be proven. related is true or not, but indeed if we conclude it seems related and it seems logical that China is behind all this, but again we can do much if there is no authentic evidence. I just pray that this pandemic will end soon and the economy will recover

Topic: Economy after COVID-19 - page 4. (Read 8979 times)