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Use of cryptocurrencies due to COVID-19

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I think taht cryptocurrencies will help us with the reduction of the spreading of this virus. But I hoped that they will be adopted more and it seem that the paper money is carrier of the disease. Crypto is a good solution to this problem.

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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!

Yes it will be a good idea. Using cryptocurrency , people can make social distance. And they won't have to exchange physical money at all. This is go we can reduce the risk of getting covid19. And after all the Blockchain transaction is so fast and secure . Only people have to scan the code and make a transaction. That's so simple. Transaction fee also very less in some cryptocurrencys. This should be implemented in the payment options.

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I think they were asking digital currency not cryptocurrency as there s no way to use cryptocurrency locally in all over the world easily and not many people  know about it yet.

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Its a great approaches to get adopt by other sector of the world, but the virus also effect the price of the btc which is most horrible things. But in my opinion the technology is not enough mature to handle huge amount of transaction.

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We are currently in the Corona virus period which is very dangerous to our health and we can contact it through many things including Fiat currency which is paper money so in order to prevent ourselves from contacting this virus and spreading it around, i will advise us to make use of Cryptocurrency as a medium of exchange because it will be more easier to accomplish a transaction and it will be more secured for us all over the world.

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For the first time I viewed the negative impact of Covid-19 in Crypto world as a disaster and dangerous to completely collapsed the market. But the reverse the case because BTC the father of the rest coins was able to recovered back to a very good price.

And in addition this become an extraordinary advantage for world of crypto currencies, as it turns to be an agent of promoting BTC and Crypto currencies system to the public, all over the world therefore gaining much more attention and appreciation from various countries and masses globally.

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In my case or for me, cryptocurrency is becomes very helpful to me, especially when the pandemic starts. Well, because of pandemic, many of us lost work in companies and offices. But because of cryptocurrency, I still manage to earn money. But not as high as what I earn in work physically. But it is still good to manage to stay alive in the mid of the pandemic. Crypto is like a blessing for me, just like that.

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My opinion is that covid would be reduced a lot if we instantly switched to cryptocurrencies instead of paper cash that carries all the disease. We don't need to touch the paper cash anymore since there is a working alternative. we can use hundreds of cryptocurrencies and make our payments without allowing a disease to spread.

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The use of crypto currency increased because World health organization declaers the fiat money is the main reason of spreading covid-19. So most of the peoples who have knowledge of crypto currency adopted crypto for saving their lifes and other lifes. Because crypto currency is a digital currency,  their transactions will not through hands. Its done through online wallets. So we are very secure about ypur health when we ar using it. 

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On 9/5/2020 at 6:47 AM, Suparna said:

I think covid-19 has caused some currencies to depreciate a bit and all sorts of international standard economic recessions have occurred to take advantage of this problem which is affecting the cryptocurrency.

Of course some of the cryptocurrencies was really collapsed due to corona pandemic because their demands was decrease, but some Cryptos such as bitcoin was raises because all demands was on those coins. 

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They might think that if all the people  all over  the world try to use crypto-currency as money transfer method then there has a chance to reduce the effect of corona virus becuase as we know if we go near to people and talk with them face to face then THERE has a chance to get affected too.. So if we transfer our money by online with use crypto currency then its really a good step to stop of getting affected by corona                       

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World health organisation also recognizes the significance of crypto currency that is why they suggest transaction should be made vitually without physical contact so as to curtail the spread of the virus I think this is a step forward in the adoption of crypto currency in the future.

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Our people mostly believed that health is wealth and since that is the case then i also suggest the use of Cryptocurrency as a medium of exchange during this covid-19 period because making use of Cryptocurrency will definitely reduce the risk of spreading the virus within ourselves and I think that is a good idea since there will not be any contact between buyers and sellers and it will also play a role boosting the price of bitcoin.

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3 hours ago, Solex said:

Our people mostly believed that health is wealth and since that is the case then i also suggest the use of Cryptocurrency as a medium of exchange during this covid-19 period because making use of Cryptocurrency will definitely reduce the risk of spreading the virus within ourselves and I think that is a good idea since there will not be any contact between buyers and sellers and it will also play a role boosting the price of bitcoin.

Yes my friend that is why the world health organization advised that we should use Cryptocurrency instead instead of Fiat currency because Corona is dangerous and can make anyone contacted lose there life entirely.

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I hope that people will embrace cryptocurrencies and use them instead of the paper cash that contains the virus. Ok we are having an excuse to promote our cryptocurrencies this way but it is not fake, the paper cash must be removed and always transfer viruses now and in the past.

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With regards to that the current information is certainly perfect, and therefore everything Health and wellbeing Institution endorses cryptocurrencies, this will be keeping a positive idea meant for clients for cryptocurrencies and likewise will reduce any problems for coronavirus tranny somewhere between consumers

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That's a good move due to the worry of the public that they will infect of coronavirus through physical contact to the infected person it is nice to use online payment such as using cryptocurrency. Like in my country they promote online transactions only.

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I think it will be a great step.Now whole world in a crisis for coronavirus.if all government allow crypto then prements will be made by crypto which will be great 

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On 9/13/2020 at 3:39 PM, el-Muhammady said:

Yes my friend that is why the world health organization advised that we should use Cryptocurrency instead instead of Fiat currency because Corona is dangerous and can make anyone contacted lose there life entirely.

That is actually true partner and this will also give Cryptocurrency opportunity to get many people use to it in most part of the world especially in developing countries where there is less adoption rate.

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It is not actually the use of cryptocurrency at all but the world health organization was trying to promote the use of cashless transactions that will involved money through the process so that they could lessen the contact that the people could have outside of their houses. But with that being said, I guess they are also siding to that fact about cryptocurrency because it has no physical appearance at all unlike the money that we have that nowadays has a risk of passing a contained virus that is threatening the whole world. It will be an advantage to those people who already know what cryptocurrency is if that is the case.

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It never did as much , but there was a good thing that came with it, most people would be able to transfer money with this kind they were able to really balance a lot of things and in the end this has become the best that one can even imagine. I have been able to send amount of money to my family .

Trx and it has been wonderful for me because in an Instant it did work perfectly for us.

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As I would see it the blockchain network isn't fit to be utilized. On the off chance that the entire world began utilizing digital forms of money, the organization would not have the option to deal with numerous exchanges. I believe that redistribution is required. 60% conventional cash 40% digital currency

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On 12.03.2020 at 10:38, 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 have not heard about this news, but I like it, indeed now there is a very good opportunity for cryptocurrencies to show their capabilities and superiority over fiat money

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Definitely I too feel the same that during this pandemic the number of crypto users have been increased. People are strongly attracted towards crypto because they are in quarantine and are in search of online jobs and buisness. Also contact less payment in crypto made it more attractive during this time.

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