Use of cryptocurrencies due to COVID-19

[kizz 3370]

I read an article that World Health Organization promotes the use of crypto currencies to reduce possible physical contact to the virus. This could lead to more people adopting and embrace to bitcoin and crypto currencies. What do you think about that? Please be safe and stay healthy!

[Lover840 0]

Just now, kizz said:

I read an article that World Health Organization promotes the use of crypto currencies to reduce possible physical contact to the virus. This could lead to more people adopting and embrace to bitcoin and crypto currencies. What do you think about that? Please be safe and stay healthy!

Hello my dear friend. Yes it is true. Coronavirus is spreading gradually everywhere. Yes i think so this will promote the users to use more crypto currency to donate more to fight the virus. 

[Ms.o 3322]

23 minutes ago, kizz said:

I read an article that World Health Organization promotes the use of crypto currencies to reduce possible physical contact to the virus. This could lead to more people adopting and embrace to bitcoin and crypto currencies. What do you think about that? Please be safe and stay healthy!

Well,this is a good way to avoid spreading virus by means of money,if it is done through blockchain,no close and physical contact will happen and can save one from possible transferring of virus.

[CryptoMaxim 3829]

I admit this possibility, but not at this stage of development . this is possible in the future if in 10 years bitcoin will remain on the market.

[Gudameku 26]

I think the uses of cryptocurrencies have increased due to the fact that people fear to store fiat money as its not mobile compare to cryptocurrencies also its better way to do transaction compare to paper money

[KURTAULI 1297]

In my opinion the blockchain network is not ready to be used. If the whole world started using cryptocurrencies, the network would not be able to handle many transactions. I think that redistribution is needed. 60% traditional currency 40% cryptocurrency

[Juanaespinoza 139]

It would be very good if this happened, but in reality that is distant since a large percentage of the world population still does not know the cryptos, not even by name.

[Migo 7946]

I already said that, this virus is the only reason, there is no other reasons for this falling, and bitcoin is not the only victim but many things became cheaper because of this virus, even petroleum became less than 35 dollars, and this is too bad for the economy, many countries will have a hard time to pass this issue 

[AmjadBydn 0]

The falling in the price because of this Virus ! not just crypto world affected !
most of the economic country has affected because of this virus ! , but I believe in Bitcoin and It can restore its self after passing this situation ! 
I think its a great chance to buy bitcoin now !

[iloveyobit 6599]

Yes, this is one of the possible solutions in order to avoid infection with the virus, but in this case I wished that the crypto had other functions such as buying from the Internet or paying remotely

[Wilmer Garcia 0]

That may be possible I read an article saying that the coronavirus will cause Bitcoin to rise to $100,000, including JPMorgan CEO Jamie Dimon, will ask the Federal Reserve for money to buy coins. 

[Opinder 1310]

On 3/12/2020 at 2:08 PM, kizz said:

I read an article that World Health Organization promotes the use of crypto currencies to reduce possible physical contact to the virus. This could lead to more people adopting and embrace to bitcoin and crypto currencies. What do you think about that? Please be safe and stay healthy!

Definately this decision would support crypto in coming months because at the moment due to crisis people are collecting cash instead of investing. But after this collapse crypto would pump too much.

[MickLichz 50]

Yeah maybe with this phenomenon they will pay attention to the use of cryptocurrency as I also believe that maybe physical money is one of the fastest or effective way of transmitting the virus.

[Ch Ayyan 9781]

You right  carona virus can increase the numbers  of users  of crypto currencies  as caron virus  not allowed  to people with  each others. It promotes  crypto  more.

[nickoman987 1040]

Of course, that was obvious. Using cryptocurrency is now much safer than regular money. Especially in China, where cryptocurrency is very developed and many of the residents have it. Many companies among themselves began to use cryptocurrency instead of money.

[johant123 1559]

On 3/12/2020 at 9:38 AM, kizz said:

I read an article that World Health Organization promotes the use of crypto currencies to reduce possible physical contact to the virus. This could lead to more people adopting and embrace to bitcoin and crypto currencies. What do you think about that? Please be safe and stay healthy!

Are you sure they didn't mean digital currencies? These are the norm in western and northern europe already anyway (most money here is never printed). I guess the rest of the world will follow that very soon (especially with phones containing NFC chips being everywhere now).

[BTC Future 3946]

I've only read that some organizations are now accepting Bitcoin for donation purposes. I guess that they understand the importance of the blockchain's transparency. Although I think that this should have happened earlier in order for donations to be clear and not embezzled or used for other purposes besides what the donation states.

Still a good move by these organizations and I hope for more to understand the importance of Bitcoin soon.

[khan22 3478]

Usage of the crypto market due to corona virus is so much low becasue so many peoples are infected through this virus in all over the world and now they just see their health and also the relative health they are investing in the crypto market but soon all over the world will cover itself and they start work in this market again.

[magd 5231]

This will make the cryptocurrencies the coin of the age because the biggest vector of the coronavirus today is the money and if we deal through the cryptocurrencies the infection will decrease due to the paper money I encourage this step

[Mcd0d0 5882]

Well, its hard to used cryptocurrency as of now because it has a low or small amount of value and i think the best way to do to our coins is to hold and wait for the good value on it.

[Whited35 15285]

Payments made by using the cryptocurrency will be really a vital steps to prevent the transmissions of the Corona virus because COVID-19 is transmitted due to the physical contact.We know crypto payment does not need a physical contact.

[George10 9932]

If world health organization is promoting the use of cryptocurrency as a measure to reduce the spread of COVID19 by avoiding paper physical currency through contacts that can be a health risk its a good idea because it will also boost the price of bitcoins and altcoins.

[jacker 1095]

Yes. I really want this. Our city has infected people, but if we don't go to work we can't live. so the solution. people at home and participating in cryptocurrencies to make a profit, both safe and limit the risk of infection

[MrGeany 297]

well now my country/town is in a lock down  so people can't go outside and are searching for online jobs and ways to earn money online and there are great interests in bitcoin and cryptos in general and i think we will have more users after corona virus. cause people are searching for a new ways to earn and crypto world gives people lots of ways to make profit from home.

[tienda 8776]

Thank you for sharing that, and yes I agree that cryptocurrency is the ideal option in this actual situation where all people are forced to stay at home because of the corona virus, so with cryptocurrency they can use it to pay or buy their needs without going outside.