In my opinion the payment of BTC is not a complete thing, because currently there are many forms of payment such as visa or credit card or paypal, so BTC cannot be a single type of payment that everyone uses.
yes it happens because the price of bitcoin is very volatile. this is what makes bitcoins cannot be used as legal tender. besides that there are still many things that must be studied about the circulation of bitcoin, especially if bitcoin is used as a means of payment that is accepted by everyone. 
Topic: Is Covid-19 carrying the growth in digital currencies? (Read 754 times)
As a result of Covid -19, in payment preferences, Many companies and authorities around the world are increasingly looking at digital currencies as an alternative way to make transactions in digitalized world. So guys what do you think about ? How will be easy the day today life after adopting for digital currencies?
I don't think too many businesses adopted crypto as a payment option so much as adopted mainstream electronic payment platforms such as PayPal and Square as payment options. The COVID-19 pandemic pushed forward digitalization, not necessarily crypto adoption.
Some countries was using digital payments before covid-19 but after pandemic more countries are using cashless payments. We can say that people are in lockdown can not go from one place to another so they will payments from home with these digital currencies. covid-19 has big impact on digital currency growth. In spare time everybody has affected by this digital currency system and we expect more growth in future.
I agree with your opinion, this pandemic has indeed made people more familiar with digital currencies. The pandemic forces them to work or study from home, but it doesn't stop there, they also want to earn money by using the internet. after that they will most likely go to digital currency. How will be easy the day today life after adopting for digital currencies?
it wont be easy at first more on to those that have a difficulty in understanding techy things but eventually it will be learned .they only need to put dedication .
life then after that would become much easier because we dont need to travel far when we want to pay someone else .
In my opinion the payment of BTC is not a complete thing, because currently there are many forms of payment such as visa or credit card or paypal, so BTC cannot be a single type of payment that everyone uses.
but you think all can use the payment methods that you mention ? they have certain requirement or age restrictions but btc is a total freedom . As a result of Covid -19, in payment preferences, Many companies and authorities around the world are increasingly looking at digital currencies as an alternative way to make transactions in digitalized world. So guys what do you think about ? How will be easy the day today life after adopting for digital currencies?
In my opinion the payment of BTC is not a complete thing, because currently there are many forms of payment such as visa or credit card or paypal, so BTC cannot be a single type of payment that everyone uses.
Yes, because the movement of people is very much limited. It is still much safer to just stay at home and do online transactions such as buying things online, making payments and other business transactions. When it comes to investment, because of the technology and internet, most people are knowledgeable of digital currencies. It is also a peer-to-peer sharing of knowledge. it is important to learn first about digital currencies this time of pandemic.
Some countries was using digital payments before covid-19 but after pandemic more countries are using cashless payments. We can say that people are in lockdown can not go from one place to another so they will payments from home with these digital currencies. covid-19 has big impact on digital currency growth. In spare time everybody has affected by this digital currency system and we expect more growth in future.
I agree with your opinion, this pandemic has indeed made people more familiar with digital currencies. The pandemic forces them to work or study from home, but it doesn't stop there, they also want to earn money by using the internet. after that they will most likely go to digital currency. As a result of Covid -19, in payment preferences, Many companies and authorities around the world are increasingly looking at digital currencies as an alternative way to make transactions in digitalized world. So guys what do you think about ? How will be easy the day today life after adopting for digital currencies?
In my country most workers still work from home and so do students, everything is done digitally. With the internet, those who previously didn't know bitcoin might know because of this factor, activities at home are only with gadgets and the internet. financially also with the internet. With this covid, they must definitely look for investment option or start learning investment, from the plan of learning about the stock market, and ended in crypto market.
Some countries was using digital payments before covid-19 but after pandemic more countries are using cashless payments. We can say that people are in lockdown can not go from one place to another so they will payments from home with these digital currencies. covid-19 has big impact on digital currency growth. In spare time everybody has affected by this digital currency system and we expect more growth in future.
The massive collaboration and innovation that fintech continues to develop during the pandemic is also increasingly attracting public interest in using electronic money. The need is even greater, because people cannot contact directly. So we need technology to be able to transact. Second, because of the stimulus from the government for SMEs, and other informal sectors that certainly need fintech assistance, especially for those who do not have access to banks,
Some countries was using digital payments before covid-19 but after pandemic more countries are using cashless payments. We can say that people are in lockdown can not go from one place to another so they will payments from home with these digital currencies. covid-19 has big impact on digital currency growth. In spare time everybody has affected by this digital currency system and we expect more growth in future.
The trigger may come in the form of some economic policy from the government. Here in India, back in 2016 we had devaluation of certain high denomination banknotes. This created an acute shortage of physical cash, a lot of vendors and ordinary people started using mobile payment methods such as PayTM and Google Pay. Unfortunately, cryptocurrency couldn't make use of the opportunity, because at that time the legal status was unclear in India (and even now, it continues to be so).
Some countries was using digital payments before covid-19 but after pandemic more countries are using cashless payments. We can say that people are in lockdown can not go from one place to another so they will payments from home with these digital currencies. covid-19 has big impact on digital currency growth. In spare time everybody has affected by this digital currency system and we expect more growth in future.
The massive collaboration and innovation that fintech continues to develop during the pandemic is also increasingly attracting public interest in using electronic money. The need is even greater, because people cannot contact directly. So we need technology to be able to transact. Second, because of the stimulus from the government for SMEs, and other informal sectors that certainly need fintech assistance, especially for those who do not have access to banks,
Some countries was using digital payments before covid-19 but after pandemic more countries are using cashless payments. We can say that people are in lockdown can not go from one place to another so they will payments from home with these digital currencies. covid-19 has big impact on digital currency growth. In spare time everybody has affected by this digital currency system and we expect more growth in future.
The adoption of cashless payments is becoming a hot topic during the pandemic. The use of cashless happened in China 5 years ago when people in big cities used Alipay, QQ to pay via QR code.
Hell yeah , china is still be the one that first used cashless.but since the pandemic starts to happen there are many countries that starts using cashless and specially crypto .
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The use of cashless payments helps the economy save a lot of time and transaction costs. Asian countries such as Korea, Japan, Singapore, Vietnam, Malaysia... are also gradually popularizing non-cash payments.
and i believe that Asian country will soon be bloom to be the one that use cashless in the next days.Quote
I think the cashless trend will be the future of the economy. The pandemic is a stepping stone to faster cashless payments.
to faster adoption mate, and also we are seemingly finding more acceptance like what El Salvador did recently and some other countries opening doors now. 
As a result of Covid -19, in payment preferences, Many companies and authorities around the world are increasingly looking at digital currencies as an alternative way to make transactions in digitalized world. So guys what do you think about ? How will be easy the day today life after adopting for digital currencies?
of course that is a good thing and does not rule out the possibility that in the future bitcoin will get permission as a legal payment,
we don't know anything but it's actually kind of hard to see that happen
The inclusion of bitcoin in terms of payment system may not be fast as what we are anticipating this to happen. But I think, some of these businesses are already considering crypto payments, maybe to start with stablecoin, at least they are not worried about the volatility of the coin. Because up until now, the common issue for them is the volatility of crypto. But owed to pandemic, I believe, a lot more merchants are added in the list that are now accepting bitcoin or crypto. This is one good alternative of payment instead of cash.
As a result of Covid -19, in payment preferences, Many companies and authorities around the world are increasingly looking at digital currencies as an alternative way to make transactions in digitalized world. So guys what do you think about ? How will be easy the day today life after adopting for digital currencies?
of course that is a good thing and does not rule out the possibility that in the future bitcoin will get permission as a legal payment,
we don't know anything but it's actually kind of hard to see that happen
As a result of Covid -19, in payment preferences, Many companies and authorities around the world are increasingly looking at digital currencies as an alternative way to make transactions in digitalized world. So guys what do you think about ? How will be easy the day today life after adopting for digital currencies?
and this is also the reason why we will be seeing more and more adoption for this.
It is so much easier and faster. For now stable coin is very appropriate for this but that coin will not be my choice for online transaction because I have some personal reasons. One of the reasons is because stable don't give me so much profit like Btc or Trx. I am okay with volatility in cryptocurrency. My country don't have many cryptocurrency users so we still use fiat even for online transaction and for me it's not so practical, I need to do few steps to do a transaction unlike what I usually do when I buy game items using Trx. During this pandemic I made many online transaction in online shop but unfortunately the app that I use still don't accept cryptocurrency. But I also made many transactions using Trx in website.
As a result of Covid -19, in payment preferences, Many companies and authorities around the world are increasingly looking at digital currencies as an alternative way to make transactions in digitalized world. So guys what do you think about ? How will be easy the day today life after adopting for digital currencies?
It helps specially that nowadays shopping occurs through online and payments are also made through online. As more and more companies and businesses are adopting cryptocurrency, it is quite true that this pandemic quite help in growth of digital currencies. Another one is that it is less hassle and less prone to contacts of the virus.
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