Author

Topic: Persisting pandemic promotes digital currency. (Read 106 times)

member
Activity: 252
Merit: 11
November 22, 2020, 06:03:48 AM
#7
The epidemic will perpetuate digital currency due to epidemics and lockdowns people are using and transacting digital currency from the comfort of their homes, which is why everything is broken but digital currency is rising and costs are rising. Knowing the right use of every country's government will improve the country's economy very quickly china plans to launch, it's own digital currency in order that the second lockdown couldn't harm their country ewarlier this year digital currency trials began in selected cities in china fully activated users are going to be ready to attach a downloaded electronic wallet to their credit card which can allow them to transact and transfer money.
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
Of course they will use every excuse possible to get to a 100% cashless society... with it, they can track everyone and everything. Furthermore with a simple click they can "censor" or "ban" you from transacting (think wrong speech) and can install negative interest rates... What's not to love when you are a tyrant in a cashless society, you don't even have to print your bills Smiley.

However, it makes those societies ultra fragile. 1 EMP, 1 sun flares or hack and they will be totally incapable of transacting, making them super prone to INVASION !
full member
Activity: 1708
Merit: 105
Second lock down is already declare in some countries now, due to the pandemic cases sky rocket, the use of digital currency has been more considered to come up into effect so we can make transactions while we are at home as this will help the world economy the more.i see the good in the bad as it will help to promote and encourage a better embrace of cryptocurrency.even though we don't want the pandemic.

indeed banknotes are among those alleged to be one of the carriers that are quite active because of the transfer from person to person without us knowing that this person is already a pandemic carrier who is without symptoms and thinks he is still healthy.

The use of digital money is already very massive in many countries and many have used it because it is an effective reduction of transmission. that way, crypto can also play an active role in being able to introduce, that transactions like crypto are very safe and can be used by all countries without any restrictions. when compared to digital money used by some countries that can only be used in the country of manufacture.
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
Cash always works, as long as there are a seller and a buyer willing to trade...
copper member
Activity: 1204
Merit: 737
✅ Need Campaign Manager? TG > @TalkStar675
You are in the wrong board and hd49728 have already suggested proper boards for your topic. Please scroll down and check left foother on your topic page where you will find "Move topic" button. Press the button and select "Politics & Society" board as a destination for your topic.

I think Politics and Society is a good board for this discussion.

Gold fell because of news of positive results from vaccine clinical trial and people said this news makes investors move from safe assets (gold) to risky assets. Believe it or not, if it is true bitcoin will be one of their favourite assets. Bitcoin is volatile.

https://www.pfizer.com/news/press-release/press-release-detail/pfizer-and-biontech-announce-vaccine-candidate-against
IMO its the proper board for this topic where we most covid related discussion is going on.

After getting positive results from Covid19 vaccine clinical trial worldwide corona affected countries are trying to collect the best one for their citizens but still race is going on between Russia, China and Great Britain. Asian countries are making order for Chinese and Russian vaccine but Europeans are eagerly waiting to get Oxford one. I don't think it will be so easier for middle income countries to get vaccines from all these sources where most developed countries have already booked a massive number of vaccines for them and its gonna put huge pressure on vaccine providers production. Hopefully we will see the best result in mid of 2021.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
Second lock down is already declare in some countries now, due to the pandemic cases sky rocket, the use of digital currency has been more considered to come up into effect so we can make transactions while we are at home as this will help the world economy the more.i see the good in the bad as it will help to promote and encourage a better embrace of cryptocurrency.even though we don't want the pandemic.
Meta is not a board for your discussion.

You can move your topic to one of three boards:
Bitcoin Discussion
Trading Discussion
Politics & Society

I think Politics and Society is a good board for this discussion.

Gold fell because of news of positive results from vaccine clinical trial and people said this news makes investors move from safe assets (gold) to risky assets. Believe it or not, if it is true bitcoin will be one of their favourite assets. Bitcoin is volatile.

https://www.pfizer.com/news/press-release/press-release-detail/pfizer-and-biontech-announce-vaccine-candidate-against
sr. member
Activity: 1246
Merit: 255
Second lock down is already declare in some countries now, due to the pandemic cases sky rocket, the use of digital currency has been more considered to come up into effect so we can make transactions while we are at home as this will help the world economy the more.i see the good in the bad as it will help to promote and encourage a better embrace of cryptocurrency.even though we don't want the pandemic.
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