Topic: GLOBAL PANDEMIC - BLESSING IN DISGUISE - page 2. (Read 853 times)

Well you're right about that. There are countries where the government never cared about the health system, all because they know that they have the money to travel out to better countries where there are good health systems and leave the poor people to suffer.

But in this situation, every country is in lockdown, and these same people are not allowed to travel anywhere, which means that they will have to start building their health systems starting from now. This will be a very big lesson to countries where the governments never cared about the health system. From now on they will focus on it, if not, then they are fools. I really hope that this situation comes to an end and people recover quickly, so that things can get back to normal.

Yeah..it makes total sense, total sense!!!! So they are doing this to save money!

Let's check a bit the numbers, should we?
Italy had 15 million people living on pensions, the number of deaths, if we assume everyone dead was living off a pension is around 20 000. Let's make it 30000.

That would be 0.2%. Now, the cost of pensions related to GDP in Italy is 14%, which would lead us to 0.028 of the GDP.
Let's, however, assume they would have lived ten more years on average, they wouldn't have paid any VAT back from the income, they would be on the median pension and not on the lower-income category and you would still only have 0.02% of the GDP in savings!
0.02!!!!!!!! This compared to a recession which is going to be around 5 to 10% in the worst-case scenarios.

Stop it!
Btw, that's not socialism, that's welfare.

Bitcoin was built for exactly this scenario.

The global pandemic might just kickstart the worst recession in several generations. The fed is printing US dollars at record rate and most other fiat currencies are feeling the squeeze.

If Bitcoin can overcome its scaling woes relatively quickly, it has the potential to really take hold.

They won't openly say it but some people are actually glad this happened. Europe for example, has the problem of population aging, there are too many elderly the State assigns resources for (Socialism, remember?); while the wealth producing youth keeps decreasing.

And so it happens that those elderly are dying mostly in their homes over there. Spain and Italy are gruesome examples. Of course this virus also kills the youth, but in a lesser proportion. So from a cold, Machiavellian point of view, this benefits the State. I think it was some Japanese politician (Japan has the same issue) that said: "Hurry up and die already", to the elderly.

I don't know if this is also Trump's (USA) and Bolsonaro's (Brazil) mindset, when they wanted to "do nothing" and let the virus "wash" the country...

But its true that some people; politicians, wealthy, believe this is benefiting them in the long run. Logically people with money can easily isolate themselves at home since they don't need to work to live. The masses can go out and die for them, to keep their assets valuable of course.

I don't see this particularly benefiting for Bitcoin, unless one of the leading fiat currencies crash due to politician abuse (ie. printing); but this is a side-effect of a damaged economy product of people being unable to work for months rather than some sort of scare of using physical money; and clueless politicians following advise from Chicago school boys.

Yeah it was, but for a while. If we compare bitcoin price movement after the pandemic came with stock price movement after the pandemic came. I have my own assessment that bitcoin is better then the stock market. Even in the few time ago bitcoin price was trying to increase and touch $8000 which I think it can't be happened on stock market. Most of the stock market are slumped down and can't back to the original price. Seem like you need a free time to see bitcoin price movement and I suggest to see it per day.

I agree that it have it's bright side but we couldn't change the fact that it is a disaster so I would agree with Yatsan here we shouldn't call it blessing since we lose too much lives and so many more are still in danger.
No matter how we look at it there are so many casualties and so many people who would never be able to see their love ones again.
So we shouldn't be so insensitive about this topic because as some of us see it as a blessing there are some who are longing for their love ones be it a deceased or those who are still at the hospital fighting for their life.

It is a disaster for many of us but we should also look in the brighter sides. It is true that many lives are on the line but we should appreciate the blessing even though we are in the quarantine. We have now time for ourselves, we have now more time with our loves ones. There are also many things to do in quarantine. We can improve our mindset, mentality and also our intelligence by studying and reading different information sources while we are in quarantine. But still, the pandemic is a threat in every economy and in every human that is why we should always be careful.

Those who are ignoring cryptocurrency before, finds a time now and got suddenly interested in this field. Since most of us here affected by lockdown, people are trying to find other way to earn even at home for sidelines to still buy some needs. Now is the time for them to learn how this cryptocurrency works and know how can be this thing advantageous to their situation.

Let alone the world survive at first, then we will be seeing and talking about those prices and coins. Seeing this global pandemic as a reward, we can see a drastic drop in terms of air and noise pollution, the weather has completely changed and our environment looks pretty healthier than before. Taking it as a curse, the Coronavirus curve has steepened so quickly that it's looking to get out of the hands of our living big-hearted superheroes and we need to give them a lot of support for them to save us and save themselves too. This fight is not with Coronavirus if you ask me, it is a fight with ourselves because karma takes revenge and it's our karma that's showing us these days because this is what we did to our Mother Nature, so we are suffering from the same. Fight yourselves carefully and let us win against ourselves and save us and our Nature both.

We already have the answer as to how BitCoin will react to its first major crisis, its PRICE CRASHED  

Hard Facts

Well fundamentally we are still all going to die. So the pandemic did not change that.
It does point out how fucked humanity is but if you pay any attention to the world  you should have already known this.

If I weren't personally involved I would say  mother earth is simply cleaning house.  People won't like it cause in this case people are the dirt and filth that needs to be cleaned up.

I was born in 1957  I remember when the world had less then 3 billion people.  It was still a fucked up world with a lot of filth caused by people.
Now the earth is around a little less  then 8 billion.  My thoughts are: fuck is this the first of many pandemics and are a shit ton of people going to die?
So yeah while it is a wake up call people in general won't be able to do what is correct and more of the same is coming until the population gets drastically lowered.

so stompix I agree with you  it is going to be a long drawn out mess over the next few years.


Look at this site  the worlds population is still growing

https://www.worldometers.info/


more then 100,000 people more each day.  So I think this pandemic is just the first of many.

Please name those good things that this pandemic has brought to us...
What are those?
Death, unemployment, fear, isolation, economic recession, overcrowded hospitals?
What good things has this pandemic brought?
You have more time to read cause your unemployed? You have time to spend with your family cause you are forced to stay indoor 23/7?

If this continues for two months we will all have a lot of time to "read about the blockchain" between to forages to Gas Town and the Bullet Farm.
Seriously, stop! There is nothing good in this, nothing, if this pandemic has brought more good than bad for you it means you had a pretty fucked
to begin with.



Yeah, lol..I've seen so many cases of nations helping each other I think it's almost like a war scenario.
Everyone accusing everyone of stealing their supplies or contracts, the same for the people!
The good part in people helping each other? Have you seen how there were fighting for a pack of toilet paper?



Yeah, the earth is recovering and millions are facing poverty and starvation. Such brilliance.
And people's faith in God is not rising anywhere, probably in some remote 10-century village, but Easter has passed with churches closed and nobody cares, faith in miracles is fading away, religion how it is now is on its last legs.

I agree it isn't a blessing in disguise we should consider the death and for those who sacrifice a lot during this crisis.
We shouldn't be so insensitive to call it as a blessing when there are so many people who are still in danger and there are so many casualties.
We are supporting the cashless society but not by sacrificing or using the death of so many people.

In any hard situation, there will be a way for us to solve every problem. Behind of this pandemic, we need to be grateful that we still are safe. We don't know how other people live out there, and I think they still struggle at this moment, the same as us.

The cashless already happen before the pandemic, and now, I guess, that way become popular among the people because people get limit when they go out, and that makes them use the online application or ordering food using an app. We need to calm down at this moment, and still clean from anything after we touch because we don't know how the virus can spread.

A pandemic will starvation and famine to those people who are poor and have no money. How come this is a blessing if people are suffering from this virus? Everyone are suffering and the government's support is not enough because they don't plan properly on how will they execute to manage this pandemic. The government should be responsible about this because it is for the safety of its people and for the people to survive this crisis. I'm not blaming the government, but they should fulfill the necessities of the people while they can't earn money because they can't go to work.


It is good for the people who uses bitcoin, but not all of us here are using bitcoin, that's why the don't feel any excitement and confidence because all they are thinking is the lives of their family. It is very crucial to think that we have people who are risking their lives just to help people to recover from the virus. There are many people who are dying because of how lethal this disease is, and how people are risking their lives.

This coronavirus is very alarming and now causing many people's death. It is very scary indeed but let's look at the brighter side this pandemic has given us. Many people are now concious about each and everyone's health, many are now aware that washing their hands and proper hygiene should really be practiced. Many nations are now helping each other. Many people are showing their goods sides by helping other people in need. Many scientists and anyone else in the medical field are now collaborating just to make find solution and cure to this pandemic, earth is now recovering and healing on it's own because of less vehicles in the road, and last but not the least, people's hope and faith to God strengthens because of this virus.
But still, people are dying, it's still a very scary thing.

Of course, there are some good things that bring this pandemic to us which is something we are not used to seeing every day in our life. but people's lives are changing fast and the most affected people are those who can afford to eat if they don't work on a daily basis. We cannot deny the fact that fear is taking over people's hearts nowadays. not only they fear becoming infected with the virus but they also fear when they lose some funds to buy some necessary needs, where they gonna get it.

This pandemic surely is a dire times for us but I am with you when you say that it is a blessing in disguise, if you look at it at a economist mindset, this will surely cripple a lot of markets that in turn make the price of their stocks and shares go down which is a once in a lifetime oppurtunity for people to buy more stocks or shares at a bargain price, I do not have to back up this with anything, this is just a basics in trading, buying low and selling high. If you do not believe what I am saying, you can just put your faith in the market, you know what they say about what goes up must go down and vice versa, that is how the market works, when it goes in a dump real quick, you can expect that it will skyrocket in a matter of time too.

Global pandemic is a disaster man, no matter how you incorporate it with something positive it is killing people. Say that to the one that loss their love ones, it is not a fucking blessing at all. Please people don't think pandemic as a positive thing, yes! it makes us realize things but it doesn't mean that it is a good thing, it's a disaster that need a solution. Please think first before posting a sensitive topic.

This global pandemic is not a blessing in disguise to me since I don't see it that way. But in the sense as a blessing in the nature I might consider it that way but I can't find the financial status as a blessing in disguise during this pandemic crisis. And I highly doubt that people would jump in to the cryptocurrency after this pandemic. Most people will choose the less risky options if they want to save than choose the high volatility cryptocurrency.