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kizz

Use of cryptocurrencies due to COVID-19

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Yes, this is correct, because digital currencies are not tangible and can be used for remote payment and doing a lot of work, and thus they contribute to avoiding the virus.

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Cryptocurrency utilization has reduced barely due to COVID-19. Due to the fact humans had to postpone a number of their investments because they did now not realize wherein to go. Funding in this situation reduced. My wager is that once the COVID-19 nightmare is over, I think it'll regain its electricity.

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As we see now people are really paying more attention to cryptocurrencies and especially bitcoin, more people who didn't trust bitcoin now read a lot of info.

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If actually this news is true then I would say it's actually a great news because this will actually promote the use of cryptocurrencies and this could actually bring more people to adopt the use of bitcoin.


 

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Due to covid 19 , most of the countries are facing lockdown problem . In this time peoples are use  Cryptocurrency for payment methods and as well as on investment purpose .  At this time Cryptocurrency invest is very good idea.

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This is true. I also read this article to the World Health Organization, and what it did is very good. It reduces the use of paper currencies and the risk of disease transmission through them. So I think it was very important for cryptocurrency to have cryptocurrencies


 

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I have not read such an article! Please put the link to see the article from the World Health Organization, but even if the story is incorrect, I think this idea is good.

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It is the right time for promotion of Crypto currency as the world need the alternative of cash at one time and it is the time for it to come and known among the new users. So Crypto currency is really helpful for maintaining social Distance.


NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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I think the main reason

Is that you stay at home and doing

Your daily job so you Do Not have to go

Out of your home for that it Is disgree

The average of corona

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On 4/1/2020 at 11:31 PM, andrehol said:

Due to the coronavirus epidemic, all online trading is on the rise. And the increase in the use of cryptocurrency in trade is, unfortunately, not a fight against the epidemic. Many people get rid of cryptocurrencies as a risky asset.

Yes I think that due to the recent spreading of the corona virus the use of cryptocurrencies suddenly bloom which is great because now cryptocurrency is regaining its fem and its now proving its worth and it is showing what it can do. 

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Good idea and could prevent the contagious disease. Banks are also doing this and I'd like to see how crypto can be implemented to many countries especially those who have minimal to no access to internet. 

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I don’t think that will happen , because people still don’t trust cryptocurrency , so is difficult to using it , i think that the will just use usd to shopping in internet , this what will happen , but using bitcoin , no i don’t think so that will happen , because is difficult , people don’t trust bitcoin, and also the countries.

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Exactly as whole world is experiencing the pandemic of lockdown because of covid-19 so while being in home there would be lots of users who would be using trading activities to earn through it and to make a source of income. 

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Yes by use of cryptocurrency as a means of payment can help in achieving a good social distance during this time of pandemic because there wouldn't be hand to hand exchange of money just wallet address and that's all.

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I didn’t hear this news before. But if it is true, it will be a great thing. The use of cryptocurrencies will reduce the amount of hand-to-hand transactions. This will help prevent the spread of the corona virus. If the WHO implements this decision, it will have a very good effect. 

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Yes i think its a good idea. Because this virus can also spread through paper cash too. I saw some project is collecting money for COVID 19 research too.  I think its a good chance for crypto currency to be an alternative of paper cash.  

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I hope that this news is correct, and that the World Health Organization promotes cryptocurrencies, this will be a positive thing for users of cryptocurrencies and also reduces the risks of coronavirus transmission between people

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This is great, but I noticed some bankers now working from home, if you are computer literates, fiat in digital form is still more used by people. It is not hard to use. But I noticed crypto is also useful during the pandemic and even useful before for transactions and payments. 

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The position of using cryptocurrencies as a payment method in this pandemic is very good. Unfortunately not all countries consider it, there are still many businesses to be added and information is lacking in people. I really think it would work. Thank you for your contribution, it is very valuable, good luck, success and profit !!!

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Actually that was a good news if those thing was happening than the use case of crypto will be immense so it will really help the crypto to grow in a new level

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payment by bitcoin as well other Crypto currency is really easy and instant . this is really good to see that WHO promate itsself Bitcoin .

we can easily makes donate by scanning QR code . even we didn't require physical touch for make payment through Crypto currency .

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On 12/3/2020 at 15.38, 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!

I agree with this idea, I think the use of cryptocurrency as a transaction can reduce the risk of contracting the corona virus, if this use is licensed in various countries it will certainly increase the use of cryptocurrency. I think that's a really good idea, and people can see that cryptocurrencies are indeed the future of the financial world.

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Although I do not see that the health reason is an effective factor in spreading the use of currencies, but it seems that it is really a factor that contributed to spreading the culture of its use and for the pandemic, I see that it has good reasons for cryptocurrencies as everyone has come to see that it is a safe haven for investment and not losing money, unlike traditional investments in Shares, companies and currencies fiats.

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Hmm, it is possible that such an image can lead people's experience to the use of cryptography, that is, the active development of the blockchain system. But I do not think that this system will go far, because, as we know, many people do not use cryptocurrency, and consider it a fraud - accordingly, this may not lead to the best situation in our world of cryptography!

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Yes, many people have gained the knowledge about the cryptocurrencies in the global pandemic covid 19. Many people know the work of the cryptocurrencies to transact coin from one wallet to other to pay bills maintaining social distance. Many people joined cryptocurrencies which I feel very good.

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