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Topic: Italy is using blockchain to fight (Read 321 times)

member
Activity: 845
Merit: 52
March 21, 2020, 03:17:04 PM
#38
At the moment of a total lock-down in Italy, and the virus could spread through paper money too, it becomes essential to look for an alternative way of transacting with cash which is safe, secured, fast and less costly. Blockchain actually addresses the above cafeterias. We mustn't keep doing things the old way, let's not be scared to try new things.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
March 21, 2020, 01:47:36 PM
#37
Italy has utilized blockchain technology to fight back. Earlier it was reported, the Italian charity organization, Red Cross, has introduced a blockchain platform to collect donations to combat the disease. Recently, Sella, an Italian bank, has introduced a new service to trade bitcoins.
They are not using the technology to fight back the virus instead the charity organizations might be accepting funds through crypto which is a really good thing because it does have transparency but it will not combat the disease  Tongue. The only precaution you can take right now is to quarantine yourself from the public until everything is sorted out.

Everyone should understand that there will be many scammers trying to scam money in this cause so beware when you donate the funds.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
March 21, 2020, 01:21:09 PM
#36
..... Crypto has more potential and more county should adopt this tech for their advantages. When A lot of countries are using this then why others will not take any action.

Italy is doing the smartest thing to fight in this situation....... crypto is the best way! ......

Other useless spam comments. good job!
ITALY (Italian government) has not taken ANY DECISION or ANY OFFICIAL initiative about accepting donation with bitcoin.


https://bitcointalksearch.org/topic/m.54071181

Guess what there is inside these! Guess why there are soldiers, Guess what they are doing!
full member
Activity: 638
Merit: 118
March 21, 2020, 01:08:12 PM
#35
Crypto is the great bridge when you get dividend by something bad! Italy is doing the smartest thing to fight in this situation. No one can imagine how much they are suffering from coronavirus, so, to keep the financial dealings smooth, crypto is the best way! Though I heard they are using Paypal too, but in digital money, there is no better money than Bitcoin!
full member
Activity: 574
Merit: 102
March 21, 2020, 01:04:28 PM
#34
Italy has utilized blockchain technology to fight back. Earlier it was reported, the Italian charity organization, Red Cross, has introduced a blockchain platform to collect donations to combat the disease. Recently, Sella, an Italian bank, has introduced a new service to trade bitcoins.
But in any case, the organizers will make money on this. I doubt that they are so honest that they would not work for profit.
member
Activity: 868
Merit: 16
March 21, 2020, 12:28:06 PM
#33
Bitcoin or cryptocurrency are suitable to use as a donation tool, we can in different countries help them at least to buy something that they need. I can't imagine if the virus come and spreading in my country and government try to lockdown the country and the economic activities will died. There is no way to gain money whilst I will need money to buy something like basic need to meet my daily life. Blockchain and cryptocurrency will help them as long as the donation is managed by the government or reputable person.
legendary
Activity: 1134
Merit: 1599
March 21, 2020, 12:21:21 PM
#32
See I'm not in support of any donation right now because there is not 100 percent guarantee that this donation is going to be used for fighting Coronavirus, it might be another trick by crypto scammers
Have you heard of the Red Cross? If they start a fundraiser and the legit Red Cross is behind it, the chances of a scam are very close to 0.



Blockchain donation campaign sounds good, but imho it only sounds good when the times are good as well. But the headache crypto donations bring may not be worth it, especially because the donations paid in crypto will always be lower than those in fiat. The entire world is using fiat while we only have a few hundred thousand (the number may be even lower) crypto users.

Unless there's a Bitcoin millionaire out there who wants to spend their BTC on a charity, although I doubt it.

Compare this with sending gold for free to the Red Cross as a donation. Maybe in good times you would, but would you do that now rather than sending an SMS/bank transfer donation?
member
Activity: 795
Merit: 10
March 21, 2020, 12:01:52 PM
#31
This must be far from being the truth.  Topics like this issue of donation are just so much in altcoin sections now.  People need to stop these spamming and scamming stuffs.  If you donate any coin/token to anybody all in the name of coronavirus victims, you're just on your own.
member
Activity: 378
Merit: 15
March 21, 2020, 11:57:16 AM
#30
Italy has utilized blockchain technology to fight back. Earlier it was reported, the Italian charity organization, Red Cross, has introduced a blockchain platform to collect donations to combat the disease. Recently, Sella, an Italian bank, has introduced a new service to trade bitcoins.
See I'm not in support of any donation right now because there is not 100 percent guarantee that this donation is going to be used for fighting Coronavirus, it might be another trick by crypto scammers
member
Activity: 378
Merit: 15
March 21, 2020, 11:54:38 AM
#29
The highest that crypto blockchain can be useful here is collecting donations throughout the world, don't make it sound as if blockchain can cure the virus
Hehe  Grin, this sounds really funny if the blockchain can cure viruses, because everyone clearly knows that the blockchain is something that is not real, so there is no reason to be able to cure any viruses.
Blockchain is something that's not real? Do you even know what you are saying? Can you please define what blockchain is? Please try to create time to learn what blockchain is, it's a big shame to be on this crypto space without knowing these stuffs
member
Activity: 728
Merit: 19
KUWA.ai
March 21, 2020, 11:29:48 AM
#28
I saw this is fake news but we can not deny crypto is a good alternative of paper cash now when this virus can spread through paper money too. At least the world is realizing the use and necessity of crypto. Crypto has more potential and more county should adopt this tech for their advantages. When A lot of countries are using this then why others will not take any action.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
March 21, 2020, 11:22:34 AM
#27
This is what smart country does! Italy has taken an incredible decision to accept donation through crypto, because it is safe and fast, you don’t need to go several banks and meet official documents to withdraw the money! ....

Seriously I have strong issues to understand ABOUT WHAT ARE YOU DISCUSSING HERE!

ITALY (Italian government) has not taken ANY DECISION or ANY OFFICIAL initiative about accepting donation with bitcoin.


NO Our government has not given any official statement or anything else.
There is only a group, a PRIVATE ONE, that decide to launch their initiative! A small initiative since we are talking about 10.000 euro (meanwhile other people have been able to get funds in millions order with cash options!*)

This has been already clearly explained and reported, please read this quote.
1)Thanks to Guido Baroncini Turricchia (CEO of Helperbit) they are helping Italian Red Cross to get funds for this crisis with blockchain. But we are talking about 10k euro, a very tiny amount for what it's going on...
https://www.arenadigitale.it/2020/03/13/la-croce-rossa-italiana-lancia-una-raccolta-fondi-aperta-anche-ai-bitcoin/


STOP SPAM! STOP NON SENSE COMMENTS, THERE IS A LIMIT EVEN FOR LOW QUALITY POST!

This is what smart country does! ..... Italy residents will remember this and they will be using crypto gladly after the Corona epidemic gone!  

And I CAN CONFIRM as ITALIAN no one will remember this period as a good period for CRYPTO, but one of the WORST PERIOD we have ever seen in our life!

Guess what there is inside these! Guess why there are soldiers, Guess what they are doing!



* https://www.gofundme.com/f/coronavirus-terapia-intensiva
legendary
Activity: 2982
Merit: 1028
March 21, 2020, 10:54:11 AM
#26
This is what smart country does! Italy has taken an incredible decision to accept donation through crypto, because it is safe and fast, you don’t need to go several banks and meet official documents to withdraw the money! Italy residents will remember this and they will be using crypto gladly after the Corona epidemic gone! 
The best choice that they've done, accepting donations by means of crypto, blockchain is quick and safe to transfer donation by doing this people from Italy will remember this function and for sure they'll going to use it not only for this purpose but they will find a good way of taking the advantage of using this chain in many more ways.
full member
Activity: 812
Merit: 114
March 21, 2020, 10:38:30 AM
#25
This is what smart country does! Italy has taken an incredible decision to accept donation through crypto, because it is safe and fast, you don’t need to go several banks and meet official documents to withdraw the money! Italy residents will remember this and they will be using crypto gladly after the Corona epidemic gone! 
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
March 21, 2020, 10:30:31 AM
#24
The highest that crypto blockchain can be useful here is collecting donations throughout the world, don't make it sound as if blockchain can cure the virus
That's true and that's bias to say about the blockchain can fight the virus but just try to write based on the context. it sounds like blockchain can do anything. Some countries have been accepting crypto as payment to be used to get the alternative payment system to make sure if the money will not be used temporary due to the coronavirus. blockchain has the possibility to replace the fiat in this case.
It can't be only used for charity purpose.
sr. member
Activity: 1638
Merit: 251
March 21, 2020, 09:20:56 AM
#23
I wish they can fight back the disease and recover because the disease can impact the economy of the country.
Using blockchain is not a bad idea, it is to prevent the disease from spreading through physical money.
hero member
Activity: 1316
Merit: 503
March 21, 2020, 04:03:20 AM
#22
The highest that crypto blockchain can be useful here is collecting donations throughout the world, don't make it sound as if blockchain can cure the virus
Yes, it is the most natural use of blockchain technology. Still, if developers in Italy are more creative, blockchain can be used to track the spread of viruses, especially if coupled with artificial intelligence technology, as practiced by developers in South Korea.
full member
Activity: 1050
Merit: 100
March 21, 2020, 03:58:19 AM
#21
The highest that crypto blockchain can be useful here is collecting donations throughout the world, don't make it sound as if blockchain can cure the virus
Hehe  Grin, this sounds really funny if the blockchain can cure viruses, because everyone clearly knows that the blockchain is something that is not real, so there is no reason to be able to cure any viruses.
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
March 21, 2020, 01:35:32 AM
#20
This is good but they only open up one bank for doing this. The timing is also good with the locked down of their country. But still isnt enough for crypto to grow just by a mere one bank. If all the banks there will follow through it could boost the market for crypto and even merchants should accept crypto can also be helpful. Only what they need is education since mostly dont have knwoledge with it and only few people can take advantage of it.
sr. member
Activity: 1876
Merit: 259
March 20, 2020, 06:24:26 PM
#19
the steps taken are appropriate to fight the spread of the virus more broadly, but is this just hype created to increase the crypto values back ??

honestly for now the crypto value fluctuation is very high so if you really want to donate bitcoin is not the right thing in my opinion, there is still a more stable digital money that is recognized by local authorities.
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