Topic: The Importance of Bitcoin during the Pandemic - page 6. (Read 918 times)

The importance of bitcoin during covid-19 is that we can still earn on it by trading and investing, as what we all know there are a lot of people that is now looking for an extra income, because we cannot go to work and meet different people we need to stay at home for us to stay safe and healthy.

Maybe bitcoin is not really a money making machine but you can still earn money through it.
You know people are created so special and with a lot of skills.I think we should not underestimate the knowledge and skills of every people. Everyone can earn bitcoin easily on their own. If they are smart person then there is no problem to learn bitcoin easily and on how to have and use it. Also people have different needs and situation, you can't say that they don't have any financial problem right now.
 I think bitcoin is really a big help during this pandemic

That's why they were called beginners because they can't make it. Investors who tend not to trade but experienced in the volatility of bitcoin can also find difficulty in trading and making a living out of it.

Various platforms that allows employers to post jobs and task in exchange of bitcoin. Some may be short term and others can go as long term, you just need to find the right platform for it and one is in the Services, some are sub-reddits.

The importance of bitcoin in this pandemic it can help you to earn money you just need gadget and you don't need to go out because right now it's to dangerous to go out.And right now many people loss their job because in the pandemic they need sideline to earn money so I want to recommend bitcoin to them because it can help them big time

I'm really loving this feature of bitcoin. Look, I can buy prepaid load without even going on the nearest [ir]sari-sari[/i] store (sort of a mini grocery store). Through btc, I can minimize the time of going outside thus minimizing the chances of getting the virus as well. But aside from that, It also provides me a significant convenience because I no longer need to wear mask, disinfect etc. because I can already get what you want one click away .
Indeed, bitcoin keeps me alive. With bitcoin plus the money I got from lecturing math lessons, I was able to sustain my daily needs this pandemic. Imagine, even me who already finished my college and got a degree wasn't able to get a job in this trying times then what more for people who can only do hard labor. That's why I'm very blessed to have btc. I can say that I will continue investing as long as I live because it's already close to my heart. I already experienced so many lifesaving moments with it before which I can't forget .

What even?
Well, yea, it's cryptocurrency after all. Though the same could be said with Digital currency, which by far a lot of people find a lot easier to use, especially since only a few merchants accept BTC.
Same thing I said above, paypal could be used (though they have this sht rule that allows users to take back what they sent), though I really doubt you'd even need to transact internationally during this time.
Bitcoin isn't a money-making machine, stop it. It requires skill and knowledge to even profit out of trading Bitcoin daily, though if you're planning to hodl it in the long term, then that's much easier though not really effective with how we're being attacked by the pandemic now.

Like? Working? Yes. Trading? Yes. What else? Former is pretty difficult since there are only a few jobs out there paying in BTC, plus works that align with your skills are pretty difficult to comeby, otherwise most people wouldn't be having a problem about finance right now. Latter is as I said above.

The exaggerated news about covid-19 brought more people inside digital / crypto industry,  interest rise up since most people stay at home and the only way to transact is by means of digital access.


To lessen the chance of keep the virus to spread more, protocols such as avoiding touching anything has been implemented from most countries around the world.


It provide opportunities though not a job directly but you can manage to earn if you fully understand the system.

I don't see the connection between the 2 ideas here TBH .

Also take note that there is digital cash where you can transact with other people using also cash but thru digital payments like Paypal. Yes there are some maybe who are accepting Bitcoin but most of us are using digital cash for online payment transactions.

If you are a techy guy and you know something about Bitcoin or even the crypto in general that may help you to earn at least some few bucks right now then it will be good. Even some of the freelancers are heavily affected right now because some of the businesses have been shut down.  There are many ways to earn online. Just pick anything that is align to your skills.

Thanks for the advice but I don't like to be positive in virus . Lets stay Positive in life is what you mean . Hope all of us are doing well right now .

Not many people are skilled to trade crypto especially if you are a beginner. Because you don't know how crypto trading works, you are bound to lose your money. But if you do really want to explore the crypto trading, you need to start small and start from there. Small profits in bitcoin trading is much better than losing your funds to a not so familiar alt.

Also, one can also check the services section (https://bitcointalk.org/index.php?board=52.0) here. Some are posting their skills in exchange of crypto and some are looking for jobs to accomplish. Who knows, you are a very talented graphic designer and someone needs your services. What I am saying here is, just look around and you may see an opportunity.

If one has got bitcoins, it could've been good during the pandemic caused by the covid-19 throughout the world. People keep on suffering, till some extent media kept exaggerating and beyond certain point it started to focus on various other issues.

Traditional currencies have got the digital transaction access, we don't want to touch anywhere else. In my country during this time of pandemic shops without employees have got opened in large numbers. Here one by one people are allowed to collect the required things and bill it of their own scanning the codes and pay using the touch free procedure.

Bitcoin is an alternate to the traditional currency system, and it can't provide job for a larger community. Maybe through trading and other similar practices one can earn in terms of bitcoin.

I guess you are suggesting people invest and to trade with bitcoin. These are two ways that I can think of as you have said for earning money through bitcoin. But, this isn't an easy task.

Many traders aren't really growing with trading so they prefer to hold it. It's true that we can earn from it but it doesn't mean that others can perfectly execute trading or holding it. We learn from our experiences and the newcomers won't apply that quickly.

Not that really much yet we do know that fiat online payments had been existed for a while now.Im not saying Bitcoin didnt make such impact but people who doesnt know will surely
stick out to traditional ways.If paper fiat is one way of transmitting the virus then they do simply make use of their cards.One situation here on my place where a supermarket
do make out changes on where making out e-payments via their own made system just to get rid of paper fiat contacts.For people who do know Bitcoin/crypto and does have
knowledge on where to seek out possible income via crypto then thats truly an advantage specially now that people are losing jobs.

Having online transaction using digital.currency is one way to maintain minimum health protection against the covid19. And bitcoin could be consider as digital currency because it has a value and some establisent are accepting bitcoin as payments.

But, it is not a guarantee that you can't get the virus when you're staying at home. Of course there should be a mber of the family to go outside tl buy the basic needs. Or other circstances like those food deliveries where contact could be done by the foods being deliver at your house or the driver itself that will be a contact for covid19.

So, no one is safe even if staying at home but the good thing is that staying at home will somehow help to contain the spread of the virus within neighbors.

Well, perhaps this is what means by the OP. Bitcoin is important during a pandemic because of its kind that we can pay ^{[contactless payment]} to avoid possible physical contact by not holding physical currency. But remember not only bitcoin is considered digital currency. We also have e-cash which is through debit/credit cards.
This indeed the best weapon against scammer, --educate your self and not become greedy. People will encounter such a scam if they are too much greedy with having any investigation or research before investing their money just like what happened on Twitter scammed. However, there are various importance of bitcoin and the blockchain technology that should we use during a pandemic.

Well, as much as I want to agree on all the things you have listed as the importance of Btc during this time of pandemic, but we can't deny the fact that cc, debits, bank account holders offers the same importance as It could make online transactions and bank transfers without actually have physical contacts as a payment method.

While earning through Bitcoin may won't be easy as it needs skills and thorough knowledge before engaging into several investment plans or starting to make a trading career.
I don't mean to make negative comments, rather I'm just stating facts 


I'd rather say stay negative.... from the virus lol

All in all the advice presented here carries some substance to it. It is true that while BTC has provided alternatives to those who know how to use it during the pandemic the digital fiat version was in effect even more dominant - as expected.

The take home message from that though is that digital currency can fill in a lot of gaps and it shows that with a lot of time and infrastructure, plus education crypto can become the new digital currency - as it should be. The advantage of substituting fiat for crypto is simple in terms of its reduced effect against disease transmission and its scope for easier personal finance.

Fiat can also be transacted digitally without the need for physical contact or exchange of notes.
Bitcoin can not feasibly be used for all daily payments globally at this time. Very small payments, like a cup of coffee purchase would incur volatile fees which would be similar or more than the price of the product, also there would have to be a wait period for confirmation of the transaction.

Bitcoin is a currency and cannot be used as a substitute for employment. You can of course provide a service and ask for payment in Bitcoin, but you'll be earning based off your skill, the Bitcoin network would only be a channel to accept payments.

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One of the benefits of Bitcoin is; its use by people, especially those from countries whose economies have suffered most from the pandemic, as a hedge fund to protect their assets from their inflating legal tender.

Just a good advice, leave a space after each commas, to make your post easily readable.

You are right, but we should be careful of scammers, also study well about bitcoin trading and investment. But, because you are looking for ways to earn, do not put pressure on yourselves because you can also lose if you invest with low quality mindset and with lack of patience. You need to study how the market works and well analyze bitcoin before starting at all.

Bitcoin has helped truly during this pandemic, especially for payments across the borders, and also for other online payments, no need to touch it like fiats, which means it can not aid but only prevent the spread of corona virus.

Bitcoin is a famous and valuable digital currency in crypto world. Many hackers using it on their evil deeds,that's why many people says that bitcoin is useful for criminals and people involved with them. But despite that,bitcoins value keep on increasing and many others also said that bitcoin is important because of the technology that makes it work.

During this time that we are experiencing difficulties because of pandemic ,I can say that bitcoin is what we really need.Why? What is the importance of bitcoin now?
     >Bitcoin is so important during this time of pandemic that we need to take care of ourselves and for our families and loved ones to not be infected with the virus.

     >Bitcoin is intangible,you can't touch or handle it unlike fiat money that hold by different hands and it is prone to viruses.

     >Bitcoin serves as an instrument for online payments away from covid 19 and with the ability to transact internationally beyond the framework of financial regulation.

     >Millions of people have lost their job because of this pandemic. Why not use this bitcoin as a substitute to your work in order to earn money to sustain the needs of your family.
       I know  there are other ways to earn but in terms of safety from virus outside our home much better to earn money using bitcoin. Also,there are many ways to earn it.

   During this pandemic we need to: Stay at Home
                                                     Stay Safe
                                                     Stay Positive and Earn with Bitcoin