The only thing that coronavirus may impact is how governments should control closely and improve its medical equipments and infrastructure.
Seeing countries failing each other and govs steeling bought or pre-ordered medical equipments from each other is disgusting, the latest USA from France...
Countries will put their hands on the medical field, other than that nothing will change
Topic: Pandemic Coronvirus Impact On Global economy - page 7. (Read 1171 times)
People have no choice other than trusting their government at this situation so this is not the real decentralization but economically it can be a way for people to realize about upcoming pandemic situation and move on the decentralized economy.
The world is surrounded by the COVID-19 and so the demand for the decentralized economy is increasing as a way of maintaining social distance. Does Pandemic Coronavirus open the door for the decentralized economy? Please justify your answer. 
but I haven't seen it at this time, and we know that the world of crypto is also affected, where the market seems to be less excited, and is currently down. but I think if this disaster is resolved, the economy will improve and have a good impact on crypto. although for the time being, actually transactions without cash are better to prevent transmission of the virus
Well , you know the more this pandemic is spreading the more people are looking for alternatives and therefore Bitcoins and other cryptocurrencies are a good thing with which they can start and do many things that are useful for the day to day needs .
Quite contrary to the fact that the government should be elated about it , that how they are supporting people , they are naturally acting all angry with the cryptocurrencies when they should focus on the people.
When the banks won't work people have to look for more alternatives and people already understands that it is also an amazing job opportunity for them .
Therefore I do think there is high percentage of people now engaging in cryptocurrencies and other decentralized exchanges.
Quite contrary to the fact that the government should be elated about it , that how they are supporting people , they are naturally acting all angry with the cryptocurrencies when they should focus on the people.
When the banks won't work people have to look for more alternatives and people already understands that it is also an amazing job opportunity for them .
Therefore I do think there is high percentage of people now engaging in cryptocurrencies and other decentralized exchanges.
The world is surrounded by the COVID-19 and so the demand for the decentralized economy is increasing as a way of maintaining social distance. Does Pandemic Coronavirus open the door for the decentralized economy? Please justify your answer.
If you look at the impact of corona on the global economic geo, then I don't see any change at all towards a decentralized global economy.
Globalization vs. state sovereignty will still be won by a sovereign government. It was agreed upon and the fact that the pandemic brought about an economic slowdown in each of the countries that finally like the pinball effect influenced each other.
Control and mitigation measures taken against the virus have caused the market to also fluctuate if the problem spreads from the real sector to the market. So corona has destroyed all business sectors. In addition, the uncertainty of when the pandemic will end makes entrepreneurs can only wait and see. Unlike natural disasters that damage infrastructure, a pandemic destroys the structure of the world economy.
Each country is still struggling to overcome the spread of corona, on the basis of humanity, all economic sector sacrifices will be made by each country to secure the population of its citizens. Global supply chains are also disrupted so that sovereignty in completing corona and after pandemic effects is the best choice.
The world is surrounded by the COVID-19 and so the demand for the decentralized economy is increasing as a way of maintaining social distance.
[1] The following is definitely illogical. It simply does not follow.
Premise: "The world is surrounded by COVID-19."
Conclusion: There is an increasing "demand for decentralized economy."
[2] How does a decentralized economy in any way promote or used "as a way of maintaining social distance?"
Quote
Does Pandemic Coronavirus open the door for the decentralized economy? Please justify your answer.
I don't think so. The pandemic is pulling the economy down and the central powers, may it be governments or international communities of countries, are the ones that actually serve as safety nets by way of stimulus, loans, grants, quantitative easing, and so on.
That's not what "decentralized" means. Decentralized means that nobody controls it. Communism is based on a centralized economy. Capitalism is decentralized.
The world is surrounded by the COVID-19 and so the demand for the decentralized economy is increasing as a way of maintaining social distance. Does Pandemic Coronavirus open the door for the decentralized economy? Please justify your answer.
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