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Bitcoin => Bitcoin Discussion => Topic started by: Peanutswar on March 24, 2020, 01:31:34 PM



Title: Safe with bitcoin?
Post by: Peanutswar on March 24, 2020, 01:31:34 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.


Title: Re: Safe with bitcoin?
Post by: jossiel on March 24, 2020, 01:53:06 PM
They should consider seeing how bitcoin will be useful in this pandemic. In some countries, they have their special payment methods that's being used for their transactions and they have their specialized wallets.

This isn't crypto wallets but a centralized system that's being loved by the people and enjoys using it. The government should look into this solution for those countries that are not open about bitcoin's usefulness.


Title: Re: Safe with bitcoin?
Post by: Shame_Game on March 24, 2020, 02:08:48 PM
Yes, at the moment this is one of several options to safe your funds


Title: Re: Safe with bitcoin?
Post by: ice18 on March 24, 2020, 02:15:13 PM
You are right OP this is the best time to introduce other means of payment especially contactless payment and fast but cryptocurrency has many existing problems right now which still has no solution at the moment like scalability like in POS system how can we use it if it takes long time to confirm every transaction LN not yet fully implemented second the volatility in crypto is really high too risky to store crypto right now it must be converted instantly to stable coin to avoid this the only useful means of payment right now is using payment methods like credit/debit cards or paypal or like alipay in other country in my location we also have debit card readers stationed in many supermarkets and can use anytime by those who want to pay this kind of method.


Title: Re: Safe with bitcoin?
Post by: Peanutswar on March 24, 2020, 02:27:13 PM
You are right OP this is the best time to introduce other means of payment especially contactless payment and fast but cryptocurrency has many existing problems right now which still has no solution at the moment like scalability like in POS system how can we use it if it takes long time to confirm every transaction LN not yet fully implemented second the volatility in crypto is really high too risky to store crypto right now it must be converted instantly to stable coin to avoid this the only useful means of payment right now is using payment methods like credit/debit cards or paypal or like alipay in other country in my location we also have debit card readers stationed in many supermarkets and can use anytime by those who want to pay this kind of method.

It is easier too if we try now to adapt the use of cryptocurrency and all of the online transaction because it is more secured and hassle unlike the traditional way that we need to queue too much.


Title: Re: Safe with bitcoin?
Post by: Sanugarid on March 24, 2020, 02:51:17 PM
They should consider seeing how bitcoin will be useful in this pandemic. In some countries, they have their special payment methods that's being used for their transactions and they have their specialized wallets.
I must agree, People these are weak when it comes to alternative when in fact bitcoin offers a free help to all with some easy steps on how to  understand and apply in real life. But one thing is hard to execute, bitcoin is well known for its use but is it applicable for now? I mean we have so much machines that is not yet capable of handling bitcoin and other crypto transaction, in short although bitcoin is best at this situation the point is we are not yet that fully aware of its application, we didn't even think that much of this beforehand.

This isn't crypto wallets but a centralized system that's being loved by the people and enjoys using it. The government should look into this solution for those countries that are not open about bitcoin's usefulness.
The fact that government are having some trouble from financial terms revision because of crypto might be the reason why they can't have it for now as an alternative.


Title: Re: Safe with bitcoin?
Post by: dothebeats on March 24, 2020, 03:08:06 PM
Limited contact between merchant and consumer is what's really the thing now given how fast the transmission of the virus is. Bitcoin solves just that, although it may still be very difficult to use it as currency knowing that only a few merchants willingly accept bitcoin as is. Plus the fact that digital payments channels are also already in place which people are very familiar too, so more probable than not, people are going to choose what they think is the best atm. Perhaps with the recent pandemic, people would be aware on how highly-infectious diseases work and how physical currencies are acting as vectors of transmission to it, and will come up with solutions to completely phase out physical coins and move on to digital currencies--or at least allow it to exist side-by-side with their own fiat.


Title: Re: Safe with bitcoin?
Post by: enhu on March 24, 2020, 03:10:06 PM
There are other options besides BTC in our country but still it offers online transaction like paypal yet faster. This is aside of Bitcoin which a regular user who isn't yet informed about cryptocurrency will be having a hard time understanding even just how to use the wallet. Bitcoin is really hard  to introduce to regular people but the app developers on googleplay had been doing it for years I guess people just have to help learn BTC and crypto for people.


Title: Re: Safe with bitcoin?
Post by: Cryptoreflector_666 on March 24, 2020, 03:40:40 PM
There are other options besides BTC in our country but still it offers online transaction like paypal yet faster. This is aside of Bitcoin which a regular user who isn't yet informed about cryptocurrency will be having a hard time understanding even just how to use the wallet. Bitcoin is really hard  to introduce to regular people but the app developers on googleplay had been doing it for years I guess people just have to help learn BTC and crypto for people.

I believe that using bitcoin is not so difficult. For example, a huge proportion of bitcoin transactions are involved in the drug trade. And drug users are lower-class people, usually. If they figured it out , then everyone else will be able to do it.


Title: Re: Safe with bitcoin?
Post by: tomahawk9 on March 24, 2020, 03:45:04 PM
And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
First of all, crypto payments are secure, yes (especially with an outbreak like this because you avoid direct contact), but they aren't faster than payments with paper money. Second of all, I don't need to go outside if I order essential goods from Amazon or if i order food delivery so, this is somehwat irrelevant to the point you're trying to make.

Last but not least, there are many alternative payment methods that are booming amid this pandemic like mobile payments and bank transfers, and the average joe is more than satisfied with those methods so, it's very unlikely that people will opt to use cryptos just because "gotta stop spreading the corona".


Title: Re: Safe with bitcoin?
Post by: SUMBI99 on March 24, 2020, 03:52:17 PM
Online payment is the answer to avoid the spread of the virus and bitcoin is so good for international transactions due to fast of the transaction between parts, becurse there are few businesses accept bitcoin in some country none of it at all, So they need to base on other online payment methods like Paypal,advcash skill, etc although some are not fast enough but are the only way for the current situation.


Title: Re: Safe with bitcoin?
Post by: kayvie on March 24, 2020, 04:01:05 PM
They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately.
It is a good idea but I don't think that it can really help.
The said reason for our needs to go out to buy foods cannot be done even if you use cryptocurrency. Because most of the grocery stores or any supermarket are not accepting crypto as a means of payment. Using it to pay bills can help to avoid touching money since the virus can be attached to it but not in buying goods.


Title: Re: Safe with bitcoin?
Post by: AniviaBtc on March 24, 2020, 04:32:19 PM
And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
First of all, crypto payments are secure, yes (especially with an outbreak like this because you avoid direct contact), but they aren't faster than payments with paper money. Second of all, I don't need to go outside if I order essential goods from Amazon or if i order food delivery so, this is somehwat irrelevant to the point you're trying to make.

Last but not least, there are many alternative payment methods that are booming amid this pandemic like mobile payments and bank transfers, and the average joe is more than satisfied with those methods so, it's very unlikely that people will opt to use cryptos just because "gotta stop spreading the corona".

It is better to stay inside the house because of the possibilities of you getting infected by the Covid-19. Bitcoin can be used as a payment if you want to pay for something like, goods, electricity bills, water bills and etc. Nowadays, it is true that it is very dangerous to touch a certain paper money or fiat money because it could be touched by an infected person so it is not safe. Instead, try to use your crypto wallet so that you don't need to go outside just to pay or buy for something, you just need to use your phone and you can access your bitcoin wallet instantly. You can also monitor the market everyday as the quarantine don't let you to go to your work and you can focus on your cryptocurrency.


Title: Re: Safe with bitcoin?
Post by: Ryker1 on March 24, 2020, 04:49:32 PM
Well, that is true that it is the right time to use Bitcoin but there is a problem. Not all stores or merchants that accept Bitcoin or crypto, they prefer to use fiat money even though we all know that it is very dirty and prone to a virus which is put our lives at risk. You are very lucky if there is a store near you that accept crypto, --I don't think if there is because perhaps only 5% out of 100% stores and supermarkets that using Bitcoin in our country.

Indeed, we have nothing to do about this matter is to stay at home and let the outbreak pass away. Be practical at this time and also have an initiative. If you holding fiat make it sure you wash your hand or sanitize after handling money.


Title: Re: Safe with bitcoin?
Post by: fiulpro on March 24, 2020, 04:57:18 PM
Bitcoins is
  * Providing jobs
  * Making sure the payments are made without the interaction
  * Is free from the government manipulation
  * Banks and the governments are failing , so is the currency at a time like this it's like the whole world is supporting one big currency .

I do think we are very very lucky that something like this was invented , people are supporting each other and Bitcoins is actually helping to balance out the communities where the prices of everything is dying.


Title: Re: Safe with bitcoin?
Post by: Latviand on March 24, 2020, 05:08:51 PM
Bitcoin really helped us in so many ways not only in a transaction and giving us profit. But it can be used also for safety purposes during this kind of crisis. It is really reliable in this circumstances where we can't use our real money because of the markets that doesn't accept it when we pay bills and buy our necessities in our home. Most especially those things that will protect us from the virus like masks, gloves, disinfectant and etc.

The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately.

Most supermarkets only accept credit card, and bitcoin can be also converted so that you can also use this for payment in some transactions. It is also less hassle because in just one click, then you can send money as a payment. Some require fees and it is not a problem, you just need to find a bank where the fees are low. It is true that avoid using tangible money because it can be passed from one person to another from time to time and money can be transmitted faster because all of the people uses it.

Also if you touched a fiat money, wash your hands with soap, or alcohol so that you will not get the virus from it. Money is the most dirty thing in this world because of the bacteria that was into it from other people.

And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus

This is one of the advantages of bitcoin and this crisis really presented to most of the people what cryptocurrency can do during this Covid-19 epidemic. Its effectiveness and help to which it can still manipulate money from the market. I hope the government would notice and realize the power of bitcoin to help people but what they want. It can also be used for sending money for donation and it is really good where it can help people in times of need.


Title: Re: Safe with bitcoin?
Post by: webtricks on March 24, 2020, 05:50:26 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.

O come on man! You are talking non-sense and you know it. Tell me any of your monthly service (whether electricity, internet bill, mobile bill, water bill, house tax, etc) which accepts bitcoin as a payment. But most of these services accept internet banking or card payments. You can easily make such payments directly through your bank rather than hard cash. Problem solved, isn't it?

Don't divert the purpose of bitcoin. It isn't meant to overthrow other modes of payment but to provide much higher needed security and anonymity in making payments which I don't see relevant in this scenario.


Title: Re: Safe with bitcoin?
Post by: mahilchii on March 24, 2020, 06:17:11 PM
After this serious corona scare is settled they will surely look into it and come up with new system which will be familiar to the users, as they might even use BTC if anything happen in near future.

If such system is implemented I am sure the price will go up again as the transaction process will be convenient to use...


Title: Re: Safe with bitcoin?
Post by: Gozie51 on March 24, 2020, 06:51:41 PM
I believe this mode of financial transaction will be considered soon. This virus has no respect for any body as it is affecting anybody that is in contact with an infected person or object like cash, then it is possible for ingestion. So it is possible the government after coming out of this pandemic would seriously look into digital payment.


Title: Re: Safe with bitcoin?
Post by: harizen on March 24, 2020, 07:10:41 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.

The fiat payment system evolves and improves as it progresses. Cashless payment or basically online payment is already the most used method in paying bills and purchasing products. It's even faster than waiting for a bitcoin transaction to be confirmed.

For buying foods on supermarkets, still, even with the use of bitcoin, people will still go outside and exposed themselves to the environment defeating the purpose of social distancing. Food delivery operation is also halted during the lockdown period, at least here in my area. Bitcoin or even cashless payment is totally useless in that case.

I'm a bitcoin enthusiast and bullish but there are lots of things to work before we can see the actual usage of using bitcoin payment globally.


Title: Re: Safe with bitcoin?
Post by: Slow death on March 24, 2020, 07:44:17 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.

It is a situation that is making many people scared, at a time like this where people are scared and running to buy things to survive they would hardly think of other options besides Fiat and credit and debit cards to pay for their things. And we cannot forget the have few countries in the world where people could use bitcoin to pay for all their expenses because there are still regulatory issues and high volatility that bitcoin has


Title: Re: Safe with bitcoin?
Post by: kooboat on March 24, 2020, 10:21:27 PM
Making more use of bitcoin at this particular point is largely advisable.Touching the surface of money is one of the easiest way to get into contact with this deadly virus. Adopting the  digital mode of payments for most transactions is the best way to minimise contact with people and also reduce the possibility of spreading the virus.


Title: Re: Safe with bitcoin?
Post by: Ridwan Fauzi on March 24, 2020, 11:04:22 PM
They are going to outside because they need money aren't they?  The problem is not payment system tool, but they need money to buy some stuff to support their lives.

They can still using money fiat in form digital currency, that is more be accepted because all of merchant will using it, then the problem will be solved easiliy right?

Just telling them crypto currency is an investment place or a place to gain profit. They can trade to gain daily income, that will overcome for people still stay at home and surely it can help the pandemic end. 


Title: Re: Safe with bitcoin?
Post by: FanatMonet on March 24, 2020, 11:27:09 PM
For purchasing goods over the Internet, ordinary plastic cards are easy to use, from which you can pay for the order. I don’t know of any deliveries with us that deal with cryptocurrencies, therefore, for example, even theoretically, I can’t directly pay with cryptocurrencies in this situation.


Title: Re: Safe with bitcoin?
Post by: MCobian on March 24, 2020, 11:36:10 PM
It is true that bitcoin is the best solution for the world's problems with the spread of the corona virus, because by using bitcoin transactions
there is no need for physical contact. And that can prevent us from being affected by the corona virus, and therefore we begin to educate
other people to reduce transactions with fiat currency. And try to buy all our needs online, now it's a lot merchants that accept payments with
bitcoin.


Title: Re: Safe with bitcoin?
Post by: coupable on March 24, 2020, 11:59:49 PM
It is true that bitcoin is the best solution for the world's problems with the spread of the corona virus, because by using bitcoin transactions
there is no need for physical contact. And that can prevent us from being affected by the corona virus, and therefore we begin to educate
other people to reduce transactions with fiat currency. And try to buy all our needs online, now it's a lot merchants that accept payments with
bitcoin.
People can use their cards instead. It's the same logic.
The great lesson from the actual corona crisis is that people can deep understand that fiat money is like any other goods that may loose value upon to globalmarket condition.
I also don't think that more merchants/buyers started accepting bitcoin as a mode of paiement. Old players are still there, while more new users are expected to enter the crypto world, just after we overpass the crisis.


Title: Re: Safe with bitcoin?
Post by: Sadlife on March 25, 2020, 12:43:14 AM
Indeed this is a great opportunity for Bitcoin to show it's usefulness compared to Cash. Boomers will never know the difference because they dont even know how to use PC.
Cash becoming a threat to health is one of the reason Bitcoin is superior in terms of speed, convenience and secured. And you dont need physical interaction that might get you infected. Unlike fiat payments that takes days to confirm and requires all your personal data in order to send payment that can be used for "identity theft". Bitcoin only needs the address to send money fast regardless the amount.


Title: Re: Safe with bitcoin?
Post by: jossiel on March 25, 2020, 12:54:09 AM
This isn't crypto wallets but a centralized system that's being loved by the people and enjoys using it. The government should look into this solution for those countries that are not open about bitcoin's usefulness.
The fact that government are having some trouble from financial terms revision because of crypto might be the reason why they can't have it for now as an alternative.
Bitcoin can wait until most of the nearby countries started adopting it and they are still in that revision period or experimental period if they will embrace it or not. It's up to them, it's their government and there's no forcing that must be done because we're on the bad times.

The aide of each local government is expected to come up for any help if they can still can't come up for a solution on this matter. They have an option at least but it's all going to be tough because they have a lot of things to settle in this crisis.


Title: Re: Safe with bitcoin?
Post by: rodskee on March 25, 2020, 07:18:51 AM
I agree that Bitcoin and online transactions can help minimize the need to go outside. Wireless transactions are really helpful. Though i don’t think those who have to go outside have Bitcoin plus most countries haven’t accepted it as a legal tender lol. But, anyhow it’s nice to think that Bitcoin price and cryptos wouldn’t be too affected by this pandemic.
thats the only problem because most of us living in countries that has limited uses of Bitcoin so the Only option is to convert to Fiat.
so still we will be having physical contact as we have Fiat instead of bitcoin.
lucky those who lives in places where Cryptocurrency like Bitcoin has being accepted in all transactions from services and even purchasing .
how i wish my country will become one sooner because this is very important specially in times like this.


Title: Re: Safe with bitcoin?
Post by: elenag1442 on April 21, 2020, 07:24:15 AM
There are different alternatives aside from BTC in our nation yet at an equivalent time it offers online exchange like paypal yet quicker. this is often aside of Bitcoin which a customary client who isn't yet educated about cryptographic money will make some hard memories seeing even exactly the way to utilize the wallet. Bitcoin is extremely difficult to know customary individuals yet the appliance designers on googleplay had been doing it for a substantial length of your time I surmise individuals simply got to help learn BTC and crypto for people .


Title: Re: Safe with bitcoin?
Post by: maydna on April 21, 2020, 10:19:16 AM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.

Although cryptocurrency or bitcoin can be a solution to pay something that we want, people still prefer to use the other payment method. They still use credit or debit card while they can also use the e-money that is available in their country. As we know that right now, many countries have their own apps that will allow people to deposit their money to those apps so people can shop from their mobile phone and pay using that app. For them, this solution still the best solution while they stay at homes but soon, they will know about bitcoin, and I am sure that they will try to use bitcoin too as what we expected.


Title: Re: Safe with bitcoin?
Post by: Lorence.xD on May 19, 2020, 08:15:05 AM
This is a great option to make my money kept safe
Crypto payments in my country is not a viable option for most people, though there are a lot of people who use cash-less transaction apps, some of them support crypto but most people never bat an eye when it comes to that. In my opinion, information dissemination about the advantages of cryptocurrency transaction still needs to go a long run. We also should consider that cryptocurrency community is very small. This time of crisis is an oppurtunity to make face for bitcoin as a revolutionary technolgy when it comes to finance but there are hurdles that bitcoin as a whole must surpass. The biggest is the established financial institutions and the government, they must overcome these overlords to make that it will run a smooth progress.


Title: Re: Safe with bitcoin?
Post by: ChiBitCTy on June 11, 2020, 03:17:21 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.

While this is a miner reason why the use of bitcoin is better than regular fiat money, the truth is physical fiat money is quite filthy.  There's some large percentage which I'm forgetting exactly what it is that United States notes have tracings of both cocaine and boogers. That's right cocaine and boogers.  Nasty!


Title: Re: Safe with bitcoin?
Post by: yohananaomi on June 11, 2020, 08:21:33 PM
in a pandemic like this there are indeed many worries that occur in many ways. keep a distance, do not hold your face, clean your hands regularly after holding something. especially clear is in the form of banknotes transactions that are clearly vulnerable to transmission. It is a good thing to use online payments, but it is possible that using bitcoin there are still many countries that have not been able to apply because there are many rules that have not been regulated. still bitcoin is exchanged for fiat and stored in a bank. because now almost all banks are able to do transactions online through internet banking, and can even buy digital money that can be used as a transaction.


Title: Re: Safe with bitcoin?
Post by: lepbagong on June 11, 2020, 08:37:33 PM
Yes it is safe with bitcoin, but can bitcoin payments be accepted by a variety of different markets? With the lack of adoption like that of course it will still be difficult and instead of using bitcoin as a means of payment, in fact they prefer bitcoin as an investment asset and as such, other digital money or digital transactions that certainly come from banks will be more demanded by most people.

true, there will definitely be obstacles if bitcoin is used as payment, because not all countries can accept and recognize it as a legitimate tool for conducting transactions. the best are actually still exchanging for local currencies and buying digital money which is now widely available in almost all countries. because digital money is no longer strange to make transactions online and is available because it is a necessity that results in digital money from online services.


Title: Re: Safe with bitcoin?
Post by: Nathanz on June 12, 2020, 05:51:42 AM
Yes, transacting using Bitcoin is safe. But then it would take years before it is fully implemented in a certain country. Businesses have to adjust to this kind of mode of payment. But yeah, there are some businesses that could implement it to reduce the use of paper bills transactions which place the people into risks of acquiring a virus.


Title: Re: Safe with bitcoin?
Post by: nicecrypto on June 12, 2020, 07:44:11 PM
If btc was to be generally accepted in many countries, then yes we can say people are safe with btc but in this scenario that is not the case, for now fiat is heavily use in most part of the world, unfortunately using btc or any digital currency is not something that can be achieve over night, it needs more time for adoption and the pandemic came when it was not yet that time.


Title: Re: Safe with bitcoin?
Post by: Salamstar on June 12, 2020, 08:11:43 PM
I hope that buying online through internet by bitcoin becomes available and popular in all countries, because it is a safer way than going to the stores and touching the money circulating among people .. But unfortunately, there was not enough awareness about the importance of digital currencies in many countries, in my country I do not find anyone who deals with it even though it is much better than my country currency which collapses dramatically.


Title: Re: Safe with bitcoin?
Post by: bitbunnny on June 12, 2020, 08:56:51 PM
I hope that buying online through internet by bitcoin becomes available and popular in all countries, because it is a safer way than going to the stores and touching the money circulating among people .. But unfortunately, there was not enough awareness about the importance of digital currencies in many countries, in my country I do not find anyone who deals with it even though it is much better than my country currency which collapses dramatically.

That is not likely to happen, we are still very far from mass adoprion. According to some statistics very small number of people is familiar with Bitcoin and other cryptocurrencies and is using it.
Yes, people are more and more oriented to online services and cashless payments but they still use mainly fiat money, just in forms of credit cards and similar. Cryptocurrencies will not replace fiat but under their influence fiat might transforne to some more digital shape.


Title: Re: Safe with bitcoin?
Post by: FlightyPouch on June 12, 2020, 11:59:44 PM
Well, I must believe so...Like in real life, your wallet must be secured. Bitcoin makes it possible to transfer value anywhere in a very easy way and it allows you to be in control of your money. Such great features also come with great security concerns. At the same time, Bitcoin can provide very high levels of security if used correctly.

It is great for bitcoin to be transferred anywhere quickly, right? The problem that we have is the acceptability of it. I did use some of my bitcoins in the pandemic since I will never be able to get out that easily and I did that through an exchange. It is true that in a way I can use my bitcoins but the thing is that I want to directly transfer it to someone or a platform that accepts it.


Title: Re: Safe with bitcoin?
Post by: Reatim on June 13, 2020, 01:06:07 AM
I hope that buying online through internet by bitcoin becomes available and popular in all countries, because it is a safer way than going to the stores and touching the money circulating among people .. But unfortunately, there was not enough awareness about the importance of digital currencies in many countries, in my country I do not find anyone who deals with it even though it is much better than my country currency which collapses dramatically.

That is not likely to happen, we are still very far from mass adoprion. According to some statistics very small number of people is familiar with Bitcoin and other cryptocurrencies and is using it.
Yes, people are more and more oriented to online services and cashless payments but they still use mainly fiat money, just in forms of credit cards and similar. Cryptocurrencies will not replace fiat but under their influence fiat might transforne to some more digital shape.

This will never increase and come closer to adoption if we don't help the crypto currency to be accepted and used by the people and in what way?of course by encouraging then to Use and have Bitcoin and other crypto.

People has now knowledge of this but if we tell them what is it and let them be educated then for sure it will be possible.

Many of us don't even know Bitcoin years back but look at us now?we embraced this and now we are the one whos protecting the crypto .

we have family and friends and now that can be lured inside this market and we will help the community if we does made them invest even a little amount.


Title: Re: Safe with bitcoin?
Post by: michellee on June 13, 2020, 01:59:51 AM
This will never increase and come closer to adoption if we don't help the crypto currency to be accepted and used by the people and in what way?of course by encouraging then to Use and have Bitcoin and other crypto.

People has now knowledge of this but if we tell them what is it and let them be educated then for sure it will be possible.

Many of us don't even know Bitcoin years back but look at us now?we embraced this and now we are the one whos protecting the crypto .

we have family and friends and now that can be lured inside this market and we will help the community if we does made them invest even a little amount.
It will happen sooner or later, and I think the progress still on the way. There will be a time for people to know, learn, and use crypto like what we did, and they will invest in crypto too. That will only for people who want to accept the new technology around them, and they want to have new investments in digital investment. If that person or people realize that the technology will grow every year and something will invent, they will try to follow that technology. And if that new technology is the investment, I think they will want to invest in that investment.


Title: Re: Safe with bitcoin?
Post by: Onuohakk on June 13, 2020, 10:27:44 AM
The awareness of bitcoin is not widely spread. It's only a quite number of people that understands the volatile nature of bitcoin and her usefulness. Majority finds it hard to accept bitcoin as another method of payment, they prefer using fiat, that's a major challenge hindering bitcoin popularity


Title: Re: Safe with bitcoin?
Post by: Janation on June 13, 2020, 10:55:27 AM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.

But still, there are those people that don't actually care, they just wanted to go outside.

It is true that being online is a huge impact in this quarantine, in this lock down but the thing is that fiat is still necessary since not all of the stores are actually accepting Bitcoin.

People are just taking advantage of being online so that they could still earn some money with them having no jobs. Right now it is getting normal slowly but online selling is still a thing and fiat are still being used. There are other ways to pay online though, not just Bitcoin.


Title: Re: Safe with bitcoin?
Post by: kryptqnick on June 13, 2020, 11:21:40 AM
I hope that buying online through internet by bitcoin becomes available and popular in all countries, because it is a safer way than going to the stores and touching the money circulating among people .. But unfortunately, there was not enough awareness about the importance of digital currencies in many countries, in my country I do not find anyone who deals with it even though it is much better than my country currency which collapses dramatically.

That is not likely to happen, we are still very far from mass adoprion. According to some statistics very small number of people is familiar with Bitcoin and other cryptocurrencies and is using it.
Yes, people are more and more oriented to online services and cashless payments but they still use mainly fiat money, just in forms of credit cards and similar. Cryptocurrencies will not replace fiat but under their influence fiat might transforne to some more digital shape.
Unfortunately, this seems to be true. It's definitely unsafe to shop physically right now, and throughout the quarantine I ordered stuff online way more often than I normally would, but none of those times were I able to pay with Bitcoin. So yeah, it's just cashless payments on the rise, but nothing for cryptos. If the trend of cashless payments persists with more and more people wishing to pay online, the traditional system might get overloaded and the market can open up for Bitcoin at least a bit. But for that we also need clear regulations so that shops can accept BTC without worrying that they might have problems with the authorities.


Title: Re: Safe with bitcoin?
Post by: Yatsan on June 13, 2020, 02:19:09 PM
This will never increase and come closer to adoption if we don't help the crypto currency to be accepted and used by the people and in what way?of course by encouraging then to Use and have Bitcoin and other crypto.

People has now knowledge of this but if we tell them what is it and let them be educated then for sure it will be possible.

Many of us don't even know Bitcoin years back but look at us now?we embraced this and now we are the one whos protecting the crypto .

we have family and friends and now that can be lured inside this market and we will help the community if we does made them invest even a little amount.
It will happen sooner or later, and I think the progress still on the way. There will be a time for people to know, learn, and use crypto like what we did, and they will invest in crypto too. That will only for people who want to accept the new technology around them, and they want to have new investments in digital investment.
Whether people want it or do not, technology will invade their necessity that they are going to left with no choice but to use it, besides blockchain technology has no disadvantage so far so why would people refuse to use it? What I want to see in future is that we only have a phone in our pocket that serves as our ID, Wallet, storage etc. not just cryptocurrency as an investment.
If that person or people realize that the technology will grow every year and something will invent, they will try to follow that technology. And if that new technology is the investment, I think they will want to invest in that investment.
Let's have nokia for example, nokia sticked with their old phones even the mobile phones are slowly upgrading into a high tech ones, look at them now they are already sold in microsoft due to bankruptcy.
This will definitely help people to think and realize how worth the innovation of technology is.


Title: Re: Safe with bitcoin?
Post by: Golftech on June 13, 2020, 02:26:11 PM
The awareness of bitcoin is not widely spread. It's only a quite number of people that understands the volatile nature of bitcoin and her usefulness. Majority finds it hard to accept bitcoin as another method of payment, they prefer using fiat, that's a major challenge hindering bitcoin popularity
That's why adoption still uncertain as there are a lots of people around who don't know how this cryptocurrency work.
Though there are publicities and media hypes but engagement from majorities especially from business sectors still
doubting if this industry will survive.

You need to assess and do more research if you are planning to engage yourself to this market, as opportunities are
open to people who are keen to fully understand and take the advantage of this industry.


Title: Re: Safe with bitcoin?
Post by: CarnagexD on June 13, 2020, 02:36:34 PM
The awareness of bitcoin is not widely spread. It's only a quite number of people that understands the volatile nature of bitcoin and her usefulness. Majority finds it hard to accept bitcoin as another method of payment, they prefer using fiat, that's a major challenge hindering bitcoin popularity

These past few months or weeks, I knew a lot of people who are panic selling because of financial problem during this lockdown. It is normal for them to spend it because it is their own asset and we have nothing to do with that. But for me, that's not the best option or decision if he can still have a certain budget to survive this quarantine.

If they will spend their bitcoin, they should directly spend and use it as payment method to help the promotion of bitcoin in many transactions. We all know that bitcoin is volatile, as soon as possible, never risk spending it or selling it during this quarantine because it might increase its price in the market.

We just need to be patient and aware of its price in the market. Using fiat as a payment is not a problem and it is the traditional way of payment, but we should also give importance to digital currencies like cryptocurrency to become also a payment method.


Title: Re: Safe with bitcoin?
Post by: sayulita on June 13, 2020, 02:57:18 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
The idea of introduction of bitcoin for the use of digital payments is long being discussed and now a lot of people are already using it but majority of the world don't think about it. They prefer using their cards or their local digital payment processors like PayPal as they are more convenient currently than to use cryptocurrencies as normal people are ignorant and they always forget their passwords so how can they remember their wallet seeds!!! I guess day to day use of crypto is still far away from today.


Title: Re: Safe with bitcoin?
Post by: Rafiqul on June 13, 2020, 04:50:07 PM
The world is going through a deep crisis today due to the epidemic caused by the COVID-19 virus. Millions of people are being attacked and dying. It is spreading from person to person, through practical things. In that case I also think it is better to introduce the use of cryptocurrency or bitcoin using online payments. Because it’s faster and safer; They don’t even have to go outside to provide other things they need. As a result, the spread of the virus can be prevented to some extent.


Title: Re: Safe with bitcoin?
Post by: wozzek23 on June 13, 2020, 04:58:10 PM
Even if all those choose to make use of bitcoin as payment, it wouldn’t make any sense because more than 90% (if not 100%) of the stores you will go to will tell you that they are not accepting Bitcoin. So, I don’t really blame these people for making use of cash as payment method. I am just talking with respect to the condition and scenario of cryptocurrency adoption level and there could be different situation on other places hence I am sorry if I sound like misleading.

The best thing will be to make your orders online and maybe make orders only for foods that can be cooked? ??? Okay I’m saying foods you can cook because I believe that when you cook the food the heat will kill any virus in it, and it seems I have seen that somewhere online, can’t really remember.


Title: Re: Safe with bitcoin?
Post by: Triffin on June 13, 2020, 08:24:01 PM
The awareness of bitcoin is not widely spread. It's only a quite number of people that understands the volatile nature of bitcoin and her usefulness. Majority finds it hard to accept bitcoin as another method of payment, they prefer using fiat, that's a major challenge hindering bitcoin popularity
I do not think so because now we can see all around the world bitcoin is so famous that people know it and want to invest in it so its all happened because people found it safe and the name of bitcoin is appearing as best investment so I am hopeful in future almost all the countries will start using bitcoin as a payment we are just sad about those areas who are not having any Internet access so they cannot use bitcoin.


Title: Re: Safe with bitcoin?
Post by: michellee on June 14, 2020, 01:48:17 AM
If that person or people realize that the technology will grow every year and something will invent, they will try to follow that technology. And if that new technology is the investment, I think they will want to invest in that investment.
Let's have nokia for example, nokia sticked with their old phones even the mobile phones are slowly upgrading into a high tech ones, look at them now they are already sold in microsoft due to bankruptcy.
This will definitely help people to think and realize how worth the innovation of technology is.
Yes, only a person who closes their mind with something that can give benefit will not accept something new. They will never take that thing even if that thing can really help them. We can not force them to use blockchain technology because they will reject and deny the presence of blockchain technology.

I want to see that too but without having send my document to the third services ;D


Title: Re: Safe with bitcoin?
Post by: KrisAlex18 on June 14, 2020, 02:13:59 AM
Well said, this time is the good time for online transactions, we should lessen the manual transactions because we are responsible to kill the virus, we can help each and every one by just staying at home and do not make any transactions physically if it is not needed. There are already so many online transactions that we really need for our daily lives, aside from being safe because you are only at your home, you also have a good and faster transaction compared to the manual things. Maybe soon there would be an alternative online transaction for every manual thing, technology is really good at doing that thing, that is why technology is great because it makes our lives easier.


Title: Re: Safe with bitcoin?
Post by: m.nauman169 on June 14, 2020, 05:09:47 PM
I think this is the right time to adapt BTC/Cryptocurrency as an alternate mean of payment because human to human transmission of virus is very rapid. Many countries including China introduced online payments via WeChat many years ago making it very easy for people to buy products without using paper money. By introducing digital currency there will be no need of long queue and there will be no exchange of physical currencies which has proven dangerous.


Title: Re: Safe with bitcoin?
Post by: lepbagong on June 15, 2020, 06:59:19 PM
That's a good idea, we should be careful even though we are now in general community quarantine because the pandemic virus is still there, its very fast to spread the virus for every people especially if the social distancing would not be followed and it commonly occurs on those with physical transactions. We are not in the 21st century and technology is really involved, all things can be done faster through online transactions.

even the latest report is quite surprising that in Europe and America, the corona virus has made changes with more dangerous transmission is estimated to be 10x faster than the initial one.
obviously "physical distancing" really determines that transmission can be controlled. I agree with the technology that manual payment with banknotes is not recommended because it can carry viruses, it is better to shop online and payments are also the same online, this is a very important suggestion in the current pandemic situation.


Title: Re: Safe with bitcoin?
Post by: Twinkledoe on June 15, 2020, 09:43:23 PM
That's a good idea, we should be careful even though we are now in general community quarantine because the pandemic virus is still there, its very fast to spread the virus for every people especially if the social distancing would not be followed and it commonly occurs on those with physical transactions. We are not in the 21st century and technology is really involved, all things can be done faster through online transactions.

even the latest report is quite surprising that in Europe and America, the corona virus has made changes with more dangerous transmission is estimated to be 10x faster than the initial one.
obviously "physical distancing" really determines that transmission can be controlled. I agree with the technology that manual payment with banknotes is not recommended because it can carry viruses, it is better to shop online and payments are also the same online, this is a very important suggestion in the current pandemic situation.

But not all people has the access to online payments. A lot are still relying on their fiat money to go with their everyday lives. People who has debit or credit card are still small percentage as compared to global population. Many people are still not connected with banks. But I do agree, that shopping online and paying online is a better way to avoid further transfer of the virus.


Title: Re: Safe with bitcoin?
Post by: Debonaire217 on June 16, 2020, 04:33:40 AM
even the latest report is quite surprising that in Europe and America, the corona virus has made changes with more dangerous transmission is estimated to be 10x faster than the initial one.
obviously "physical distancing" really determines that transmission can be controlled. I agree with the technology that manual payment with banknotes is not recommended because it can carry viruses, it is better to shop online and payments are also the same online, this is a very important suggestion in the current pandemic situation.

The best thing to do is to go to the banks, withdraw the funds, and deposit it to your cryptocurrency wallet. There, you would not need to worry about transacting and physical distancing because, in the first place, you don't need to go outside as paying your bills could be done through the phone.

With people always negating the idea of bitcoin and digital currencies, I think it's time for us to take advantage of the situation and to make them feel the urge and importance of digital transactions in accordance to the crisis. I have one relative that sanitizes her money in order to buy good from the market. I advised her to use crypto because no matter how much she sanitizes her cash, she's always got a change to sanitize and it's very inconvenient just to make sure her transactions are safe.


Title: Re: Safe with bitcoin?
Post by: plvbob0070 on June 16, 2020, 07:36:04 AM
It's indeed a good idea to maximize the use of cryptocurrency especially in a crisis like this where the virus can't be seen but when we say online transactions, there are other options other than crypto and I think that's what people are trying to adapt first before crypto. I have seen in my country that a lot of people are already selling and buying things online, but they still use fiat in paying because for them that's more convenient which I totally understand as well.

But we can also use this opportunity to start teaching friends and family about crypto and spread awareness about this innovation because it will be a big help today and even in the future. It's difficult for people to adapt to changes that easy, even if we use crypto for payment transactions, not every seller can understand crypto that easily.


Title: Re: Safe with bitcoin?
Post by: Heart18 on June 16, 2020, 10:26:10 PM
Definitely, you are right. Bitcoin is really the most easiest way to manage our bills and other online purchases with the comfort of our home. It was really helpful to people in this pandemic time...and with all of that, we need to be very careful in exchanging money and other transactions in different ways. In order to be safe, we need to secure our wallet, put too much care like in real life wallet, as we are in control of our money. It is being said that such great features of Bitcoin also comes with great security concerns. At the same time, Bitcoin can provide very high levels of security if used correctly. We also need to remember that it is our responsibility to adopt good practices in order to protect our money.


Title: Re: Safe with bitcoin?
Post by: Alert31 on June 16, 2020, 11:58:12 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
Yes,bitcoin will be a good idea,option,or alternative payment method to help not spreading virus because you can transact inside your house as long as you have data or internet to connect. But the problem is ,not all people are already using bitcoin and if you forced them to use bitcoin now that they don't have enough knowledge about it,i think this is not a good idea. For us,it's really helped. Even me ,i used my bitcoin to pay our bills because in our country there is an apps that you can send your bitcoin and use it directly for bills payments and buy loads. Very helpful. I hope many people will also discover the usage of bitcoin and accept it someday. It could be a great help for this pandemic situation.


Title: Re: Safe with bitcoin?
Post by: Kong Hey Pakboy on June 17, 2020, 11:28:00 AM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
Yes,bitcoin will be a good idea,option,or alternative payment method to help not spreading virus because you can transact inside your house as long as you have data or internet to connect. But the problem is ,not all people are already using bitcoin and if you forced them to use bitcoin now that they don't have enough knowledge about it,i think this is not a good idea. For us,it's really helped. Even me ,i used my bitcoin to pay our bills because in our country there is an apps that you can send your bitcoin and use it directly for bills payments and buy loads. Very helpful. I hope many people will also discover the usage of bitcoin and accept it someday. It could be a great help for this pandemic situation.
Indeed. Using bitcoin and other cryptocurrencies as an alternative payment will help us not to catch and spread the virus because we can avoid having physical contact with different people when going to stores, malls, and other public places, that is why it is much better if countries will accept bitcoin during the pandemic because it could really reduce the virus cases.


Title: Re: Safe with bitcoin?
Post by: arwin100 on June 17, 2020, 11:36:14 AM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
Yes,bitcoin will be a good idea,option,or alternative payment method to help not spreading virus because you can transact inside your house as long as you have data or internet to connect. But the problem is ,not all people are already using bitcoin and if you forced them to use bitcoin now that they don't have enough knowledge about it,i think this is not a good idea. For us,it's really helped. Even me ,i used my bitcoin to pay our bills because in our country there is an apps that you can send your bitcoin and use it directly for bills payments and buy loads. Very helpful. I hope many people will also discover the usage of bitcoin and accept it someday. It could be a great help for this pandemic situation.
Indeed. Using bitcoin and other cryptocurrencies as an alternative payment will help us not to catch and spread the virus because we can avoid having physical contact with different people when going to stores, malls, and other public places, that is why it is much better if countries will accept bitcoin during the pandemic because it could really reduce the virus cases.


If we go on merchant who accept cryptos then I will agree for that matter but actually the adoption is not wide as you think since there are certain countries who still doesn't accept totally the crypto on their payment system and if you live on the country who are not technology updated for sure you will struggle if you are holding bitcoins for transactions. Hopefully bitcoins gather more attention for merchants right now since indeed this is a great and safest option for people to transact with less contact to the other entities.


Title: Re: Safe with bitcoin?
Post by: DabsPoorVersion on June 17, 2020, 11:53:37 AM
If we go on merchant who accept cryptos then I will agree for that matter but actually the adoption is not wide as you think since there are certain countries who still doesn't accept totally the crypto on their payment system and if you live on the country who are not technology updated for sure you will struggle if you are holding bitcoins for transactions. Hopefully bitcoins gather more attention for merchants right now since indeed this is a great and safest option for people to transact with less contact to the other entities.
That's true, not all countries accept bitcoin today,

Also, even those who do not prohibits the usage of bitcoin, there are only a few store/businesses that accept bitcoin as their mode of payment. Even if this might be the great chance to spread how convenient bitcoin is, if we can't use it anywhere, it is no use.


Title: Re: Safe with bitcoin?
Post by: fullhdpixel on June 17, 2020, 01:01:37 PM
Bitcoin is useful, but the thing is that if these people were going to make their purchase online, majority of them would have done so by using other payment methods. Just like we already have the debit card method that most of these online shopping sites use, or the PayPal payment method. So, if they wanted to make use of online stores they would have done that.

But, the truth is that these people just want to go out. I can remember that during the quarantine/lockdown, there were people that still went to celebrate birthday and cops were called on them. They were told to leave the party and go back indoors, but they were all proving stubborn. It’s quite annoying how people be misbehaving. Majority of them already know about BTC but don’t use it.


Title: Re: Safe with bitcoin?
Post by: Shasha80 on June 17, 2020, 11:21:08 PM
I also hope that bitcoin can be a payment, so that it can prevent us from being infected by the corona virus. But the obstacles are not
all countries giving bitcoin permission as payment and also the number of stores that accept bitcoin payments is still small. So it is indeed
difficult to adopt bitcoin now. Hopefully the government changes its mind in order to provide a policy on bitcoin, so that it can be used
as payment.


Title: Re: Safe with bitcoin?
Post by: Oasisman on June 17, 2020, 11:25:09 PM
Indeed. Using bitcoin and other cryptocurrencies as an alternative payment will help us not to catch and spread the virus because we can avoid having physical contact with different people when going to stores, malls, and other public places, that is why it is much better if countries will accept bitcoin during the pandemic because it could really reduce the virus cases.

Realistically, do people really use Bitcoin to pay for their groceries and other things? Infact, there are just a handful of merchants who're accepting Bitcoin as a payment method in the country, and some of them actually stopped accepting Bitcoin due to lack of access of payment from actual Bitcoin users.
Honestly, a lot of investors doesn't want to spend a single fragment of Bitcoin just to pay for something even essentials. Most of us here consider Bitcoin as a store of value, holding it until the price hits new heights then sell.

If we're talking about cashless transaction, there are really a lot of options out there and honestly, Bitcoin are far from being one of the primary option. You have debits and cc, linked it to your account and order online. Bitcoin is still relatively young as a currency, there still a lot of room for Bitcoin to improve the scalability problem and transaction speed.


Title: Re: Safe with bitcoin?
Post by: FlightyPouch on June 18, 2020, 08:50:03 PM
Bitcoin is an experimental new currency that is in active development. Each improvement makes Bitcoin more appealing but also reveals new challenges as Bitcoin adoption grows thats why bitcoin is safe ;)

Your words are countering each other. You said that it is an experimental new currency but also said that it is safe. In my opinion, it is not an experimental right now, it is not new either. Store of value or currency, thay depends on what you wanted it to be. Bitcoin is being developed to be adopted more, and we all hope it will be faster in the near future.


Title: Re: Safe with bitcoin?
Post by: Bitcoinislife09 on June 19, 2020, 08:01:20 AM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.

In these days of pandemic proper hygiene is really important. Physical contacts must be lessen. This is one of the opportunity of cryptocurrency because it may lessen the physical contacts of people. With cryptocurrency, someone can just load his or her account and pay their bills online.

In cashless transactions we can lessen the spread of virus and it is more safe than having a cash on hand. If someone want to buy foods and other stuff they just have to get their phone, order products and pay online. Using that form we can make ourselves safer in any virus. Because any passing of tangible things can spread the virus rapidly and it is so dangerous.

With the use of electromic wallets if you need a load or store money in an application may help you more.

Having electronic payments can lessen the physical handling and practice social distancing.




Title: Re: Safe with bitcoin?
Post by: bitbunnny on June 19, 2020, 08:41:16 AM


The best thing to do is to go to the banks, withdraw the funds, and deposit it to your cryptocurrency wallet. T

This is a weird area here. Would have done such step immediately if the grocery stores, hospitals and other entities vital to the life forgot fiat money and accept cryptocurrency. But for now it’s just a pipe dream for my country. In other lands, I think the situation is not better with that.

How could any institution forget fiat money, as you say? They are depending on it as well as the whole financial and economy system. How could they accept cryptocurrencies that are volatile, risky and not regulated? Besides, general acceptance of cryptocurrencies in the world is still very low. People, let's be realistic. In current shape and system cryptocurrencies can't replace fiat money and that is not even their role.


Title: Re: Safe with bitcoin?
Post by: spike420211 on June 19, 2020, 09:51:51 AM
Coronavirus and forced restriction measures are not a sufficient catalyst for people to start using bitcoin instead of the fiat money they are used to.
Bitcoin is safe due to the lack of physical referents, but fiat money also has a lot of digital incarnations, which allows you to remotely pay for anything that is really nice anywhere.

The whole world has gone online, and fiat currencies along with it.
Reconstruction of classical monetary systems is necessary for the rise of bitcoin, but where is the guarantee that this will not affect bitcoin for the worse.


Title: Re: Safe with bitcoin?
Post by: Genemind on June 19, 2020, 10:03:18 AM
Indeed. Using bitcoin and other cryptocurrencies as an alternative payment will help us not to catch and spread the virus because we can avoid having physical contact with different people when going to stores, malls, and other public places, that is why it is much better if countries will accept bitcoin during the pandemic because it could really reduce the virus cases.

Realistically, do people really use Bitcoin to pay for their groceries and other things? Infact, there are just a handful of merchants who're accepting Bitcoin as a payment method in the country, and some of them actually stopped accepting Bitcoin due to lack of access of payment from actual Bitcoin users.
Honestly, a lot of investors don't want to spend a single fragment of Bitcoin just to pay for something even essentials. Most of us here consider Bitcoin as a store of value, holding it until the price hits new heights then sell.

If we're talking about the cashless transaction, there are really a lot of options out there, and honestly, Bitcoin is far from being one of the primary options. You have debits and cc, linked it to your account and order online. Bitcoin is still relatively young as a currency, there still a lot of room for Bitcoin to improve the scalability problem and transaction speed.

Totally agree, the number of merchants that accept cryptocurrency is limited and most people do not hold Bitcoin to be used as a medium of exchange, rather as an investment tool. I rarely use my bitcoin to pay my utilities or bills, as much as possible I would keep them and use fiat or pay my bills online using our local currency.

We are way too far from mass adaptation, and there are still merchants or commodities that cannot be paid using crypto.


Title: Re: Safe with bitcoin?
Post by: carlfebz2 on June 21, 2020, 08:09:38 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.

Havent you realized that people do already get involved with e-payments for a long time now? If fiat would be restricted then they would just simply using up their debit or credit cards
on buying up their goods and avail service without the involved of fiat money.

Im not too negative about this and with bitcoin but its too hard to believe on that people would recognize bitcoin usage just because of this pandemic.There might be some but
wont really talk about the majority.

Online transactions are indeed safe but we know people where they do stick out on traditional things that we've known.


Title: Re: Safe with bitcoin?
Post by: pixie85 on June 21, 2020, 09:42:50 PM
I do not think that covid and its anti paper money measures will increase the usage of bitcoin by that much, it will rather increase the usage of credit and debit cards among the people.

It already is doing it. Many stores in my area have stickers on doors and on the counters saying that they urge clients to use cashless transactions.

I think it's stupid because store employees use masks and gloves so it doesn't really matter if you pay with cash or a card. If you're sick you're going to touch things around you anyway like shopping carts, bags, car handles.

I don't see Bitcoin becoming more popular now when countries are lifting restrictions.


Title: Re: Safe with bitcoin?
Post by: Utoy101 on June 21, 2020, 11:48:54 PM
I do not think that covid and its anti paper money measures will increase the usage of bitcoin by that much, it will rather increase the usage of credit and debit cards among the people.

I agree with you, the outside World dosen't really trust bitcoin because of it volatile nature that can make it reduce in price over night and coupled with the fact that this is a time where the whole world is facing global crisis, people woupd prefer to use a currency that isn't volatile which really left it to cashless transactions with the use of mobile apps transfer, credit and debit cards usages


Title: Re: Safe with bitcoin?
Post by: Triorius on June 22, 2020, 12:57:32 PM
Well, hacking cryptocurrency wallets has become a sad reality nowadays. I remember the case of BlackWallet for instance..I use a bank card with a hot crypt wallet linked to it. For me it looks safer as athe bank card has many levels of protection so does the crypto wallet. The card is called balckcatcard, if you are interested


Title: Re: Safe with bitcoin?
Post by: Nhor1011 on June 22, 2020, 03:01:21 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
Still a large part of population doesn't know about cryptocurrency or even using it due to lack of digital equipment,internet connection and knowledge about it. It's not easy to encourage people to use bitcoin because some of them are afraid of scam or don't want to learn it. I have a friend I taught about bitcoin but he doesn't like it because for her it was difficult to understand. Much better for her to sing rather than to learn about cryptocurrency.. What i mean is not all people is interested in crypto although the truth is ,bitcoin could be an alternative payments and income on this current situation of pandemic.


Title: Re: Safe with bitcoin?
Post by: Swordsoffreedom on June 22, 2020, 05:57:38 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
Still a large part of population doesn't know about cryptocurrency or even using it due to lack of digital equipment,internet connection and knowledge about it. It's not easy to encourage people to use bitcoin because some of them are afraid of scam or don't want to learn it. I have a friend I taught about bitcoin but he doesn't like it because for her it was difficult to understand. Much better for her to sing rather than to learn about cryptocurrency.. What i mean is not all people is interested in crypto although the truth is ,bitcoin could be an alternative payments and income on this current situation of pandemic.

Cryptocurrency in not that much harder. If you have no interest on it, then you do not understand about it easily. During this pandemic, I think cryptocurrency would be way to earn for those people who lost their job, because it is risky to go outside for work.  jobless people may learn basic materials about trading and can invest on cryptocurrency at home, and if you have a good knowledge about this, you can be benefitted easily. So many people are losing their jobs due to coronavirus, so for those people this is the right time to invest on cryptocurrency.


Title: Re: Safe with bitcoin?
Post by: Excell110 on June 22, 2020, 10:17:38 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
This might be difficult in most countries, as the outlets and shopping malls do not accept cryptocurrency payment.
 So, even if their are people who have and are willing to make cryptocurrency payments, there is no where in their country where it is accepted.

 Instead, we should try to help bring about the global adoption of cryptocurrencies, which will in turn lead to its acceptance in different outlets.


Title: Re: Safe with bitcoin?
Post by: gamer4156 on June 23, 2020, 01:58:41 AM
The world is currently plagued by a deadly infectious disease. All countries are terrified that no cure has been found. The only way to prevent the spread of the disease is to move as far as possible to social distance. The more you get out of the house, the more risky you will be. So shopping online is definitely the best way to go. But sadly, many countries around the world have declared Bitcoin illegal. I think all countries should look at the legitimacy of Bitcoin.


Title: Re: Safe with bitcoin?
Post by: Anish02 on June 23, 2020, 05:06:18 PM
I do not think that covid and its anti paper money measures will increase the usage of bitcoin by that much, it will rather increase the usage of credit and debit cards among the people.
Absolutely true, because in my country crypto had recently lifted the ban and has given permission for trading. But there are not any shops which can accept crypto as a mode of payment. That's why we would make the use of online payment or credit as well as a debit card.


Title: Re: Safe with bitcoin?
Post by: Golftech on June 23, 2020, 06:27:59 PM
The world is currently plagued by a deadly infectious disease. All countries are terrified that no cure has been found. The only way to prevent the spread of the disease is to move as far as possible to social distance. The more you get out of the house, the more risky you will be. So shopping online is definitely the best way to go. But sadly, many countries around the world have declared Bitcoin illegal. I think all countries should look at the legitimacy of Bitcoin.
That's right there are still countries who treats bitcoin as illegal thinking that transaction was made illegally and can harmed the economy of the country.
In time of this pandemic issue bitcoin can help by using it to buy goods online or to transfer money between places to another.

Innovative form of currency, this should how bitcoin be understood if only those countries will open their minds and see the benefits they will surely acquire and support this crypto asset.


Title: Re: Safe with bitcoin?
Post by: hahay on June 23, 2020, 06:37:49 PM
The world is currently plagued by a deadly infectious disease. All countries are terrified that no cure has been found. The only way to prevent the spread of the disease is to move as far as possible to social distance. The more you get out of the house, the more risky you will be. So shopping online is definitely the best way to go. But sadly, many countries around the world have declared Bitcoin illegal. I think all countries should look at the legitimacy of Bitcoin.
That's right there are still countries who treats bitcoin as illegal thinking that transaction was made illegally and can harmed the economy of the country.
In time of this pandemic issue bitcoin can help by using it to buy goods online or to transfer money between places to another.

Innovative form of currency, this should how bitcoin be understood if only those countries will open their minds and see the benefits they will surely acquire and support this crypto asset.
This transition should have happened because even after easing lockdown and quarantine, the fact is that some places are actually getting an increased spread of the virus and that should be more attention, only by utilizing digital technology can at least slightly prevent the spread of the virus before the vaccine is really found, bitcoin has been very popular in the world and this is not just a matter of legal or not because on the other hand people still maintain the fiat to transact.


Title: Re: Safe with bitcoin?
Post by: tbterryboy on June 23, 2020, 10:02:57 PM
In some cases I think people are going out because they can’t afford to stay home and face hunger, since they are not getting the support they need from the government they have got to go out and look for a way to support themselves.

Although I don’t really think we should blame the government in cases like this, because I don’t have any idea if they can take care of everyone. And apart from that the government still have to stop some of the restrictions to be able to save the economy. Even in my country there is no enough possibilities for spending bitcoins, I somehow manage by making use of few online services to get my life's need for bitcoin payments and this way that I must admit like I am safe with bitcoins for time being.


Title: Re: Safe with bitcoin?
Post by: shoreno on June 23, 2020, 10:12:19 PM
The world is currently plagued by a deadly infectious disease. All countries are terrified that no cure has been found. The only way to prevent the spread of the disease is to move as far as possible to social distance. The more you get out of the house, the more risky you will be. So shopping online is definitely the best way to go. But sadly, many countries around the world have declared Bitcoin illegal. I think all countries should look at the legitimacy of Bitcoin.
That's right there are still countries who treats bitcoin as illegal thinking that transaction was made illegally and can harmed the economy of the country.
In time of this pandemic issue bitcoin can help by using it to buy goods online or to transfer money between places to another.

Innovative form of currency, this should how bitcoin be understood if only those countries will open their minds and see the benefits they will surely acquire and support this crypto asset.
This transition should have happened because even after easing lockdown and quarantine, the fact is that some places are actually getting an increased spread of the virus and that should be more attention, only by utilizing digital technology can at least slightly prevent the spread of the virus before the vaccine is really found, bitcoin has been very popular in the world and this is not just a matter of legal or not because on the other hand people still maintain the fiat to transact.

this is a big thing to us but not to those people that are not involved on here  . aside btc , other digital payments are growing  . if btc is illegal , those other digital payment are legal  . those can help people to transact online   .  not only buying , sending money but donations are now also being asked online  . digital payments are way too helpful   . there are things that people want to keep private too like when donating  , what if you only want to donate small amount   . this is why we still need cryptos


Title: Re: Safe with bitcoin?
Post by: dersu1995 on June 29, 2020, 11:09:03 PM
Yes it is, and in many countries it is already legal


Title: Re: Safe with bitcoin?
Post by: militiariko on December 12, 2020, 01:58:04 PM
We are always safe with bitcoin especially when we are holding bitcoin for the long term, long future. One thing is that bitcoin is bullish on the long term; so irrespective of the down trends in price and stability today, you are always certain that the bull trend will come up. On the other hand, if your focus is day trading or trading bitcoin to achieve certain targets in % profits weekly; then you have to set up a strategy to help you pick up more wins than losses


Title: Re: Safe with bitcoin?
Post by: Amon1231 on January 20, 2021, 04:49:53 AM
We are safe with Bitcoin because in this pandemic we need to be safe we need to stay indoors to prevent the spread of the virus, Bitcoin can be used virtually so it is very useful. it also secures us in every transaction because it is decentralized.


Title: Re: Safe with bitcoin?
Post by: Alucard1 on January 20, 2021, 06:05:13 AM
I see the worth of bitcoin as of this days especially when the virus has started in our country, bitcoin becomes so useful because my father lost his job so I am thankful because I can still make money with the use of bitcoin which I used to sustain the needs of my family and myself also. Even the virus has not yet started bitcoin is already useful in terms of online payment just like paying bills because it is one of the purposes of cryptocurrency.


Title: Re: Safe with bitcoin?
Post by: ropyu1978 on April 15, 2021, 06:16:49 PM
although bitcoin currently cannot buy food in large stores such as glosirs or supermarkets, but at least bitcoin has made the economy better, we don't need to worry about the risk, which is a common assumption that bitcoin is a money laundering place, because currently there are 13 traders crypto that is legal, and Spain has already given the bitcoin logo to their country ... we hope that bitcoin will continue to grow throughout the country ..


Title: Re: Safe with bitcoin?
Post by: capcaypro on April 15, 2021, 07:24:09 PM
in fact if we look in a slightly different direction of course this can be the solution but go for the best solution. because there are some countries that already use this system with their wallets (not crypto wallets)
developed countries even from a few years back have done this with one card can pay for several facilities and for the crypto wallet itself I feel too excessive to do the same thing like this because for me personally the crypto wallet itself is such a treasure worthy to I defend.


Title: Re: Safe with bitcoin?
Post by: BITCOIN4X on April 15, 2021, 08:11:34 PM
So far, strict rule still apply in my country regarding the prohibition of using cryptocurrency as a mean of payment. There are no shopping center in my country that are allowed to accept bitcoin as a means of payment because it would violate existing regulation. Without cryptocurrency, we still have other online payment alternatives that are allowed if we are too afraid to use paper money because of viruses.

Although my country prohibit the use of crypto as a mean of payment, we are not prohibited from trading it. We all have to convert crypto to fiat if we want to spend it without restriction and maybe that is the solution at hand. For me, there is no need to force myself to use crypto as a mean of payment if it is prohibited by law. To prevent transmission of the virus, currently most state apparatus, government officials and the public have received vaccine. Although we can't prevent it 100%, vaccine have helped a lot in reducing the incidence of infection.


Title: Re: Safe with bitcoin?
Post by: Imran232 on April 15, 2021, 08:26:57 PM
Well we already known about that but we think government should think like you. Because without government permission none a single business man or a shop can accept bitcoin as a payment. If they start doing this they will be in jail under an hour. So if government think like you and gives permission then they will definitely accept bitcoin. But government already has a alternative option which is mobile payment option like paypal. That's why government didn't think about physical cash alternative. I think this is it. What do you think?


Title: Re: Safe with bitcoin?
Post by: online73 on April 15, 2021, 08:38:26 PM
Hello everybody. If we consider from the side of today's global problem - the coronavirus pandemic, then, of course, payments in cryptocurrency solve the problem of cash as possible carriers of the disease, but I am afraid that pro-government structures will not use a system that they cannot conquer. Here you can argue for a long time and talk about the disadvantages and advantages, but when it comes to security against fraudsters - if you clearly apply elementary security rules, then with bitcoins it is no more dangerous than keeping money on a debit card - fraudsters can steal from everywhere. There are certain rules in any area of ​​life, my personal answer is yes, with bitcoins it is safer.


Title: Re: Safe with bitcoin?
Post by: Vaculin on April 15, 2021, 10:24:38 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
What a coincidence to happen but I love how it going. Might say we are so thankful for the virus and this it helps the adoption move fast and can't deny that we are enjoying this as well.

We even know that digital payment system has already started but crypto seems not so know for everyone until such time that Covid-19 hits us and creates just a tragic story globally. And for now, we can see that we are somewhat transforming to digitalization world, we leave not to fiat but we usually saw not that more people are already using this system and that includes the use of Bitcoin.


Title: Re: Safe with bitcoin?
Post by: Rengga Jati on April 15, 2021, 10:39:00 PM
The reason why? ..
In my area (environment), we are already likely being outside for food works, and also other activities because we are likely feeling so hard for only staying at home. Many people need to work to get money and food and also their daily needs. If they don't do that, they will probably die because of feeling hungry.
But for the notes, most of us and them here also follow the health protocol to avoid being infected. Btw, some vaccination is ongoing right nowhere.

...And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
It is a good idea, but not every country can do this. As one of the examples is in my country. Cryptocurrency is legal as a commodity for digital assets. But it is forbidden to be used as a currency because there is fiat regulated by the government here. So we cannot use crypto for any payment.
And there are also no merchants that accept crypto as payment, additionally, we are here living traditionally.
However, right now, there is a development in the digital payment method using eWallet.

And probably this case is also happening in other countries.


Title: Re: Safe with bitcoin?
Post by: carlfebz2 on April 15, 2021, 10:49:27 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
Crypto might able to fit into that criteria but how you do consider into those e-fiat or digital transactions that we've been using for a while now? This had been a typical thing and would be mainly

be used by those people who had been using digital transactions even the pandemic didnt happen and now people will forcefully switch up if transactions would become digital and been required by those
merchants or service.

Crypto could give out that benefits but fiat had already been doing this for a while now but im aint saying that crypto cant be considered.


Title: Re: Safe with bitcoin?
Post by: Nightz on April 16, 2021, 01:02:12 AM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
Crypto might able to fit into that criteria but how you do consider into those e-fiat or digital transactions that we've been using for a while now? This had been a typical thing and would be mainly

be used by those people who had been using digital transactions even the pandemic didnt happen and now people will forcefully switch up if transactions would become digital and been required by those
merchants or service.

Crypto could give out that benefits but fiat had already been doing this for a while now but im aint saying that crypto cant be considered.

Right, it is not particularly a time for cryptocurrencies, but just for digital transactions. Why use volatile Bitcoin if there also was a central bank digital currency (CBDC)? The reasons for cryptocurrencies to thrive go way beyond digital transactions.

In how far Bitcoin may play a role during this pandemic, I don't know. If you look at developing countries, Bitcoin sucks right now because there are also these tremendous fees. It will take some time until Bitcoin finds its right use case and its right place.


Title: Re: Safe with bitcoin?
Post by: Ewox on April 16, 2021, 03:04:58 AM
Yes it is very useful despite the pandemic because of it being convenient, people even have already practiced on paying their bills and doing groceries with using QR codes and hopefully will be accepting cryptocurrencies in the near future. People are slowly adapting the digital transactions but have not tried using cryptocurrencies although there are some who accepts Bitcoin, but it’s like 1% only accepts it for now.


Title: Re: Safe with bitcoin?
Post by: xiboothrezi on April 16, 2021, 06:18:57 AM
~

And probably this case is also happening in other countries.

cryptocurrency can be a great payment alternative to reduce the spread of viruses, there is no direct contact, there are no time and space restrictions. as you explained, not all countries allow the use of bitcoin as a means of payment, so its use really depends on the policies in each country.
After all, this is still an early stage, not many people are familiar with crypto, people might find it easier and understand about e-money. and so far it has been quite effective at reducing direct contact.


Title: Re: Safe with bitcoin?
Post by: dhaldanga on April 16, 2021, 08:03:42 AM
Of course Bitcoin is safe for me, there must be good and bad in anything.
Bitcoin is no exception, but so far it is a 100% accurate cryptocurrency.  Unique in terms of transactions.  In my opinion, the demand for Bitcoin will continue to increase in the near future.
So we love crypto
We love bitcoin


Title: Re: Safe with bitcoin?
Post by: elisabetheva on April 16, 2021, 08:07:48 AM
Yes it is very useful despite the pandemic because of it being convenient, people even have already practiced on paying their bills and doing groceries with using QR codes and hopefully will be accepting cryptocurrencies in the near future. People are slowly adapting the digital transactions but have not tried using cryptocurrencies although there are some who accepts Bitcoin, but it’s like 1% only accepts it for now.
You don't have to force to make payments with crypto because now it has developed in every country with existing digital money and it can be used as well as possible even though there are limitations compared to crypto because a wider market share can be done by crypto, while digital money is only can be used in the issuing country itself and cannot be used in other countries.

With the pandemic happening, people finally started to get used to using digital money instead of fiat, because transmission can still occur with fiat compared to digital money. but indeed the reach is still internal within the country itself and cannot go out and is very different from crypto because there are no restrictions whatsoever that can hinder and can be used at any time, it's just that there are still there are still many countries that have not recognized it as a valid means of payment.  to be used as a legal and valid medium of exchange


Title: Re: Safe with bitcoin?
Post by: TheGreatPython on April 16, 2021, 04:54:47 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately.
Throughout the pandemic lockdown none of the online companies that we have here in my country added bitcoin as an option for making payment online on their website, and it would have been really good if they did that so that those of us likes and are making use of bitcoin can use it to make payments on their site.

The options we had on most of the sites were usually debit card options and USSD, and other options like that, and nothing about cryptocurrency. I wasn’t able to make payments using the coins I had in my wallet and the only thing I can do with it is just to be making peer to peer transactions and nothing much.


Title: Re: Safe with bitcoin?
Post by: CryptocurencyKing on April 16, 2021, 05:25:21 PM
They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately.
Throughout the pandemic lockdown none of the online companies that we have here in my country added bitcoin as an option for making payment online on their website, and it would have been really good if they did that so that those of us likes and are making use of bitcoin can use it to make payments on their site.
Thats a point not considered. Virus or not, mo ey is meant to go from hand to hand and no matter how we try to maintain sanity and follow Covid-19 protocols, there is no way you can completely rule out money from being a pathway to infections. By exchanging money for commodities bought, one can definitely get infected. This is some of the reason why bitcoin would have been of preference but that's not likely to happen until bitcoin solves its problem of fees, thats where the debit card becomes of more advantageous and preferable. Immediate reflection is the problem else, the current ATH would be an under estimation to where price would have settled.


Title: Re: Safe with bitcoin?
Post by: bitzizzix on April 16, 2021, 06:18:49 PM
Although bitcoin or cryptocurrency can be an alternative to online or offline payments not to touch physical money to avoid viruses, this is not the case in my country.
because in the country where I live, bitcoin or cryptocurrency can only be used as an asset or investment and is not allowed for alternative payments and is not available in stores or anything, except in secret or in private.
and the most important thing for me is that I can still use it as an alternative income during the pandemic and it helps a lot even more than enough.
And if I need it, I have to convert it to Fiat for online or offline purchases.
and I really hope that bitcoin or other cryptocurrency can be used as an alternative to payment in the country where I live because it is safer and more convenient to use.


Title: Re: Safe with bitcoin?
Post by: Streets 2.0 on April 16, 2021, 07:44:54 PM
The global pandemic of the coronavirus COVID-19 and its mutations in Europe, Africa, Asia gave a great impetus to the spread of cryptocurrency in the world. Obviously, due to the blocking of the movement of people and quarantine, many businesses were destroyed, masses of people were left without work, and the owners of once successful businesses went bankrupt. All this gave an influx of investors to cryptocurrencies, increased the community and strengthened the fact of studying this topic in general. So, despite the dire consequences of the pandemic, this had only a positive impact on bitcoin and other cryptocurrencies.


Title: Re: Safe with bitcoin?
Post by: Nightz on April 30, 2021, 06:51:43 PM
The global pandemic of the coronavirus COVID-19 and its mutations in Europe, Africa, Asia gave a great impetus to the spread of cryptocurrency in the world. Obviously, due to the blocking of the movement of people and quarantine, many businesses were destroyed, masses of people were left without work, and the owners of once successful businesses went bankrupt. All this gave an influx of investors to cryptocurrencies, increased the community and strengthened the fact of studying this topic in general. So, despite the dire consequences of the pandemic, this had only a positive impact on bitcoin and other cryptocurrencies.

It did not only spark interest in cryptocurrencies but also in digital money in general. Many more people pay with cards these days and central banks may see that as a perfect timing for the introduction of their centralized digital money.


Title: Re: Safe with bitcoin?
Post by: Gamerholic on April 30, 2021, 07:04:46 PM
The pandemic of the coronavirus COVID-19 and its mutations around the world has caused a wave of closures of many enterprises and public institutions. At the same time, a huge number of people are forced to stay at home and the usual methods of purchasing goods and services have become impossible. All of this has certainly spurred the growth of digital currencies and online trading. Even if humanity cope with the pandemic in the coming years, the consequences will still remain. The world will never be the same again - therefore, the future belongs to cryptocurrency and digital money.


Title: Re: Safe with bitcoin?
Post by: isaac_clarke22 on April 30, 2021, 07:39:14 PM
~
Surely later or another day, there will be a centralized app that would allow you to pay for your merchandise through Bitcoin.
Though you might expect KYC requirements because you're gonna buy from centralized or regulated establishments.
Here in my country, I use an app to pay bills and buy stuff. Took quite since 2017 to be adopted.


Title: Re: Safe with bitcoin?
Post by: helevela on April 30, 2021, 11:42:58 PM
The security of online payments and its fast technology can play an important role in controlling the virus during the pandemic process. bitcoin plays a big role in this. Today, we want to take all our needs from home and these requests can be answered with online payment options such as bitcoin.


Title: Re: Safe with bitcoin?
Post by: Ausgewielt on May 01, 2021, 12:06:22 PM
It is important to make people more pay attention to cashless payment method include bitcoin so probably we can end this pandemic faster. In my country poor people still need to go to outside for work so they can continue their life. Government don't give us financial support enough. They just don't have any choice except keep working outside.


Title: Re: Safe with bitcoin?
Post by: Nightz on May 01, 2021, 04:07:17 PM
The global pandemic of the coronavirus COVID-19 and its mutations in Europe, Africa, Asia gave a great impetus to the spread of cryptocurrency in the world. Obviously, due to the blocking of the movement of people and quarantine, many businesses were destroyed, masses of people were left without work, and the owners of once successful businesses went bankrupt. All this gave an influx of investors to cryptocurrencies, increased the community and strengthened the fact of studying this topic in general. So, despite the dire consequences of the pandemic, this had only a positive impact on bitcoin and other cryptocurrencies.

It did not only spark interest in cryptocurrencies but also in digital money in general. Many more people pay with cards these days and central banks may see that as a perfect timing for the introduction of their centralized digital money.

The existence of the COVID-19 pandemic certainly has an impact on all businesses in any form, it is clear that many companies are bankrupt because all activities are very limited. To prevent the transmission of this virus, most governments implement digital transactions, it is not surprising that during this pandemic many digital wallets have sprung up for transactional purposes. without us realizing that the implementation of digital transactions by most governments is able to trigger the growth of cryptocurrency because it is likely that the general public will begin to understand how cryptocurrency works

Governments or the pandemic didn't really give cryptocurrencies a boost. Instead digital transactions with normal debit and credit cards increased. Cryptos increased because of quantitative easing and the threat of inflation.


Title: Re: Safe with bitcoin?
Post by: Distinctin on May 01, 2021, 04:23:06 PM
It is important to make people more pay attention to cashless payment method include bitcoin so probably we can end this pandemic faster. In my country poor people still need to go to outside for work so they can continue their life. Government don't give us financial support enough. They just don't have any choice except keep working outside.
If we have a family to feed, we have no choice but to keep on working outside our home than leave them with empty stomach. Cashless transactions should be more encourage in this time of pandemic and bitcoin is definitely a good example. Yes, we're safe with bitcoin because aside from keeping us away from the virus, its probably the most convenient and useful digital currency in this era because aside from being used as a payment for our good and services, its also being considered a good store of value and maybe a good retirement outlet too for those who just want to earn profits while staying at home.


Title: Re: Safe with bitcoin?
Post by: kolbalish on May 01, 2021, 05:15:13 PM
Obvious along with bitcoin all online platforms are safe for people during the pandemic. People can work from home and buy or sell their needs it is very special that one can continue his job in the home and it helps the economy vastly. We can't control the pandemic but we can try to reduce the effect of it so it is a big opportunity to stay at the home and continue existence.


Title: Re: Safe with bitcoin?
Post by: CoinFoxs on May 01, 2021, 11:20:22 PM
Of course Bitcoin is safe for me, there must be good and bad in anything.
Bitcoin is no exception, but so far it is a 100% accurate cryptocurrency.  Unique in terms of transactions.  In my opinion, the demand for Bitcoin will continue to increase in the near future.
So we love crypto
We love bitcoin


Totally agree with your opinion when bitcoin was trading at 3k$ back in 2019 people used to make fun of bitcoin but when bitcoin start growing and reached its all time high price then they know the potential of bitcoin. So if you Want to become millionaire or billionaire the do bitcoin trading accept it’s importance and start making money from it and make yourself financially stable. For me bitcoin is safe as i am working in bitcoin since 2014.


Title: Re: Safe with bitcoin?
Post by: lalabotax on May 01, 2021, 11:31:47 PM
It may be safe for those who really know about cryptocurrency.
But for newbies that are only coming into the crypto world only for money and profits, it is like only several few percentages. They are precisely trapped with some kinds of FOMO and also HYPE coins without any analysis. So, many people especially the newbies are also losing more during this pandemic. that is why we must be more and more careful, wise, and smart in investing or trading. Ensure that we only use the funds that we can afford to lose.


Title: Re: Safe with bitcoin?
Post by: Asuspawer09 on May 01, 2021, 11:59:02 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.

Cryptocurrency is more like an investment, not something that you could spend, I mean you can spend it actually if you want but if you buy cryptocurrency you want to earn a profit from it.

Online payment like virtual money is the best option to use when it comes to the pandemic to avoid the virus because it just virtual money meaning it doesn't have a volatile price, it just fiat money online.

Plus when it comes to using virtual money something like an application it is easy to have a lot of partnerships so you can expect that the merchants are gonna accept or accept this kind of payment option.


Title: Re: Safe with bitcoin?
Post by: uneng on May 02, 2021, 12:34:22 AM
It is important to make people more pay attention to cashless payment method include bitcoin so probably we can end this pandemic faster. In my country poor people still need to go to outside for work so they can continue their life. Government don't give us financial support enough. They just don't have any choice except keep working outside.
If we have a family to feed, we have no choice but to keep on working outside our home than leave them with empty stomach. Cashless transactions should be more encourage in this time of pandemic and bitcoin is definitely a good example. Yes, we're safe with bitcoin because aside from keeping us away from the virus, its probably the most convenient and useful digital currency in this era because aside from being used as a payment for our good and services, its also being considered a good store of value and maybe a good retirement outlet too for those who just want to earn profits while staying at home.
In order to be paid, even in bitcoins, these people would still need to go to the streets to work during quarantine. So no one is going to be safe from coronavirus by using bitcoin as payment method. Moreover, fiat also allows cashless transactions through debit and credit cards with safe and fast transactions, like bitcoin. There isn't any solid advantage in using bitcoin to avoid coronavirus infections.
It's quite the opposite. Fiat transactions have the advantage of being much cheaper when compared to bitcoin fees.


Title: Re: Safe with bitcoin?
Post by: blackened515 on May 02, 2021, 11:16:56 AM
<...>

In my opinion, Bitcoin have been safe for traders and investors.
But can also be seen as a risky investment. For those trading daily with Bitcoin, I would like to advice that when trading in Bitcoin, always trade  what you can afford to lose. And also with Bitcoin, you can transfer value anywhere you are and also with a less fee.
Just like Banks, Bitcoin issue high level of security to your investment. I can confidently suggest it to anyone who wants to start trading crytocurrency.


Title: Re: Safe with bitcoin?
Post by: Kez1817 on May 02, 2021, 02:39:16 PM
Safe with bitcoin if in your country you can buy all your needs online just by using bitcoin as payment. But unfortunately it was not available in other places that's why people have no other choice but to go outside to buy and do their works. If they don't have choice in order to live and provides the needs of their family, they will still go out to work. But there are also other form of online buy and sell that you can use electronic money if bitcoin is not available to use as payment.


Title: Re: Safe with bitcoin?
Post by: suryogandul on May 02, 2021, 08:51:59 PM
before covid 19 there was already online payment with bitcoin, so i don't think this is new to bitcoib. but the presence of the covid 19 virus makes bitcoin valuable and useful for payments during emergency situations such as covid 19


Title: Re: Safe with bitcoin?
Post by: secretgirl on May 02, 2021, 10:37:57 PM
I disagree with you, although with bitcoin we will not be able to with certainty decide the spread of the virus. because the way bitcoin works is the same as online transaction tools. indeed in paying we do not have physical contact with other people. but the things we buy and receive do not guarantee that they carry viruses. so for me it can't be said to be safe with viruses, even though we use bitcoin as a means of payment.


Title: Re: Safe with bitcoin?
Post by: elisabetheva on May 04, 2021, 12:21:09 PM
I disagree with you, although with bitcoin we will not be able to with certainty decide the spread of the virus. because the way bitcoin works is the same as online transaction tools. indeed in paying we do not have physical contact with other people. but the things we buy and receive do not guarantee that they carry viruses. so for me it can't be said to be safe with viruses, even though we use bitcoin as a means of payment.
There are many perceptions that occur with payment using bitcoin. Will it be able to break the chain of transmission of the virus? If only payment is clear, I agree, but when we receive the goods we buy, it is clear that there will be physical contact with the goods purchased. where the possibility of what is feared the transmission might occur, even if those who buy and sell do not antipipasiate by cleaning the results of the physical contact.

if the matter of clear payment with bitcoin or other digital money is one of the best anticipations to avoid excessive physical contact, even though you still have to do hand cleaning when you are done with the transaction.
making as little physical contact as possible with other people and avoiding crowds is one of the best things you can do to reduce transmission.


Title: Re: Safe with bitcoin?
Post by: rodskee on May 04, 2021, 12:50:51 PM
<...>

In my opinion, Bitcoin have been safe for traders and investors.
But can also be seen as a risky investment. For those trading daily with Bitcoin, I would like to advice that when trading in Bitcoin, always trade  what you can afford to lose. And also with Bitcoin, you can transfer value anywhere you are and also with a less fee.
Just like Banks, Bitcoin issue high level of security to your investment. I can confidently suggest it to anyone who wants to start trading crytocurrency.
That advise is not only for those who trades using bitcoin but instead those all using crypto so What you are saying here is a Pure shitposting and did not even contribute in discussion lol.

Bitcoin is a digital asset, which we need to saved as gold, just that the difference between gold and bitcoin, is that bitcoin work online, while Gold is offline, base on bitcoin it has really helped to during pandemic period. For a transaction of buying and selling.
And that is the reason why this become very indemand now and used because of the pandemic this teaches us how to make use of digital currencies.


Title: Re: Safe with bitcoin?
Post by: jinxing on May 07, 2021, 07:51:08 PM
Safe with bitcoin if in your country you can buy all your needs online just by using bitcoin as payment. But unfortunately it was not available in other places that's why people have no other choice but to go outside to buy and do their works. If they don't have choice in order to live and provides the needs of their family, they will still go out to work. But there are also other form of online buy and sell that you can use electronic money if bitcoin is not available to use as payment.

In fact Bitcoin cannot be legalized by most countries, digital transactions are indeed considered the safest during a pandemic, but unfortunately Bitcoin is not the main choice that can solve this problem, if Bitcoin is the main role for conducting digital transactions in all countries today, it is likely that many sites  online shopping will accept payment using Bitcoin


Title: Re: Safe with bitcoin?
Post by: verita1 on May 07, 2021, 11:22:04 PM
Covid19 is very dangerous and contagious. Without a doubt we must be careful and know how to live with it. If we follow the Biosafety protocol we can prevent the virus from spreading. Because it harms our economic environment we need to leave home to meet our needs, people also need to go to their jobs because otherwise we would be collapsing the economy.
Spreading the payments with cryptocurrencies is a good idea and could be a payment alternative this could be the best time for the payments in cryptocurrencies to expand.


Title: Re: Safe with bitcoin?
Post by: ultrloa on May 07, 2021, 11:59:03 PM
Safe with bitcoin if in your country you can buy all your needs online just by using bitcoin as payment. But unfortunately it was not available in other places that's why people have no other choice but to go outside to buy and do their works. If they don't have choice in order to live and provides the needs of their family, they will still go out to work. But there are also other form of online buy and sell that you can use electronic money if bitcoin is not available to use as payment.

In fact Bitcoin cannot be legalized by most countries, digital transactions are indeed considered the safest during a pandemic, but unfortunately Bitcoin is not the main choice that can solve this problem, if Bitcoin is the main role for conducting digital transactions in all countries today, it is likely that many sites  online shopping will accept payment using Bitcoin

Its not the main choice since most of the country have their own digital cash transfers technologies so expect that they will use their own since they think this is much cheaper compare on exploring with bitcoins where they know they cannot rely since they are new on this technology. Remember bitcoin gather much attention during quarantine period so if government watching it maybe a certain studies already happen so maybe we can expect bitcoin to be adopted in future. Although its not a choice for now but good thing its existence has been recognized.


Title: Re: Safe with bitcoin?
Post by: isaac_clarke22 on May 08, 2021, 02:30:24 AM
~
Problem is the confirmation times that hinders the usage of Bitcoin around the world. The unstable price is another factor, and this is why former adopters of Bitcoin like Valve back in the days pulled it out.
I recall reading some article in Facebook page "Crypto News Flash" that employee got paid with the right amount of Bitcoin but then the boss demanded for some amount returned due to the recent price hike.


Title: Re: Safe with bitcoin?
Post by: Sihab76 on May 08, 2021, 02:43:17 AM
Yes, at the moment this is one of several options to safe your funds
Yes mate in serious coronavirus pandemic situations it's very useful ways for researving cryptocurrencies safety without out of home. Profits in cryptocurrencies an effective way for passive income.


Title: Re: Safe with bitcoin?
Post by: mrongos on May 08, 2021, 06:32:35 AM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
this is one very good idea, besides introducing them to payments and transacting using cryptocurency which may be much safer from viruses, they can also invest or learn trading, so that it can help their economy be much better. especially for people affected by the reduction in work in their office. Investing in crypto is an alternative way to get money and transact safely and easily, of course.


Title: Re: Safe with bitcoin?
Post by: Obito on May 08, 2021, 06:59:26 AM
Covid19 is very dangerous and contagious. Without a doubt we must be careful and know how to live with it. If we follow the Biosafety protocol we can prevent the virus from spreading. Because it harms our economic environment we need to leave home to meet our needs, people also need to go to their jobs because otherwise we would be collapsing the economy.
Spreading the payments with cryptocurrencies is a good idea and could be a payment alternative this could be the best time for the payments in cryptocurrencies to expand.
It can be a good alternative for fiat payment but the problem is that not a lot of people use bitcoin in my country because it isn't popular and the only popular ones are those that are fiat based payment apps which is good alternative compared to fiat. I think that these virus could've never been worse if everyone just follow what the doctors says and follow the protocols for safety but no, we need to stroke our ego so we pretend to be smarter than we really are.


Title: Re: Safe with bitcoin?
Post by: the rise on May 08, 2021, 07:10:13 AM
Unfortunately some bad guys in government are exploiting this to get a dark result. I think this is the reason until now why bitcoin has not been fully accepted. Speaking of security about viruses. bitcoins. They just need to cool fiat with blockchain and combination with bitcoin to create money safe from corona virus.


Title: Re: Safe with bitcoin?
Post by: the rise on May 08, 2021, 07:15:21 AM
Bitcoin is a digital asset, which we need to saved as gold, just that the difference between gold and bitcoin, is that bitcoin work online, while Gold is offline, base on bitcoin it has really helped to during pandemic period. For a transaction of buying and selling.

I am very surprised, whereas if the problem is the bitcoin corona virus is the safest. But why is the government still banning bitcoin? whereas if they want to think ahead, looking for a good solution with bitcoin, it may be safer at home and still be able to do activities and shopping.


Title: Re: Safe with bitcoin?
Post by: sapnu on May 08, 2021, 07:21:14 AM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
No matter how much we want to introduce bitcoin to the world and take advantage of this pandemic upon showing how digital transactions could help us evade the possibility of getting the virus, it is still too complex and difficult to happen. Just with the fact that the government doesn't tolerate the use of it yet, the existence of E-payments are already there just like in the Philippines where such like Paymay, Gcash and other more are already present in aiding the non-physical transactions. Bitcoin would more likely work as a safe haven of your investment wherein if you want to secure your future in the post-pandemic era, you can try hodling and trading in bitcoin.


Title: Re: Safe with bitcoin?
Post by: BuNga_cute on May 08, 2021, 07:27:11 AM
Bitcoin is a digital asset, which we need to saved as gold, just that the difference between gold and bitcoin, is that bitcoin work online, while Gold is offline, base on bitcoin it has really helped to during pandemic period. For a transaction of buying and selling.
I am very surprised, whereas if the problem is the bitcoin corona virus is the safest. But why is the government still banning bitcoin? whereas if they want to think ahead, looking for a good solution with bitcoin, it may be safer at home and still be able to do activities and shopping.

This is what sucks about the government, they don't want to accept Bitcoin as an alternative to payment. Even though the government knows Bitcoin is
very helpful in preventing the spread of the corona virus. But they are more concerned with other things, which the government feared Bitcoin could
replace the role of fiat. Even though Bitcoin is not only effectively used in a pandemic situation like now, but Bitcoin can also be a source of income.
Because the price is bullish this year, it is very profitable if we trade Bitcoin.


Title: Re: Safe with bitcoin?
Post by: kojektea on May 08, 2021, 08:13:35 AM
I think it's very safe to compare that to fiat. Pandemic covid19 has been running for more than a year if it continues to be allowed then it will destroy us not just kill, make people do not have activities. The positive side is that technology will be a priority because it is very suitable to fight pandemics, bitcoin is one example.



Online payment is the answer to avoid the spread of the virus and bitcoin is so good for international transactions due to fast of the transaction between parts, becurse there are few businesses accept bitcoin in some country none of it at all, So they need to base on other online payment methods like Paypal,advcash skill, etc although some are not fast enough but are the only way for the current situation.

utilizing payment sites is also I think is not enough because bitcoin has advantages and is decentralized. Bitcoin is easier to use and there will always be 24/7 no holiday days. therefore I believe during this pandemic the government should immediately research bitcoin to be used to fight the corona virus.

[moderator's note: consecutive posts merged]


Title: Re: Safe with bitcoin?
Post by: Bilgent on May 08, 2021, 08:41:29 AM
In this pandemic period, many people have met Bitcoin and started using it. And it's really great for Bitcoin to be adopted even faster than ever. More people are making investments into it and using it while buying something also. And like you indicated, it's much safer compared to fiat.


Title: Re: Safe with bitcoin?
Post by: isaac_clarke22 on May 08, 2021, 02:44:15 PM
~
They probably have their minds first on the vaccine. People use bank-issued cards these days, and government finding out about Bitcoin and how convenient would it be would take quite a while because they only know that it goes against their governance because as you mentioned. It is decentralized.


Title: Re: Safe with bitcoin?
Post by: adzino on May 08, 2021, 03:29:50 PM
I doubt any thing has changed during this pandemic. It's not like all merchants are now accepting bitcoin or anything. It is still the same as pre pandemic. Those who are hesitating to use cash money, they are using cashless system such as their credit cards or other payment system. Shops aren't ready to accept bitcoin. Look at the transaction fee and the network traffic for the last few months.
In this pandemic period, many people have met Bitcoin and started using it. And it's really great for Bitcoin to be adopted even faster than ever. More people are making investments into it and using it while buying something also. And like you indicated, it's much safer compared to fiat.
Not really. Care to explain how is it "much safer compared to fiat"? Would love to hear your opinion on this.


Title: Re: Safe with bitcoin?
Post by: capcaypro on May 08, 2021, 03:47:29 PM
it will indeed feel easy but it doesn't seem like it will be as simple as imagined considering that for now it is indeed bitcoin and the crypto world is starting to boom but there are still many people who don't know this, maybe even when compared to many who don't know more than those who know about bitcoin, I think I did this. this can be done only for people who already know, already understand and already have assets in bitcoin. besides that there are several countries that prohibit their people, in this case we already know that bitcoin is prohibited. so it will be very taboo when the state and government prohibit it but we use it to transact.


Title: Re: Safe with bitcoin?
Post by: bounceback on May 08, 2021, 04:38:45 PM
When the world is hit by a corona virus pandemic, of course, people must take care of their health so they don't get infected, therefore in my opinion using online payment methods is a good way to break the chain of spreading the virus.
But unfortunately in my country currently very few merchants accept payments using bitcoin because they are very afraid of the restrictions issued by the government.


Title: Re: Safe with bitcoin?
Post by: Alucard1 on May 08, 2021, 05:05:59 PM
Online payment is the answer to avoid the spread of the virus and bitcoin is so good for international transactions due to fast of the transaction between parts, becurse there are few businesses accept bitcoin in some country none of it at all, So they need to base on other online payment methods like Paypal,advcash skill, etc although some are not fast enough but are the only way for the current situation.
The pandemic beings a lot of changes to the life of many people, we are very careful to this virus and the best thing to avoid it is just by staying at home so what if we need to go outside to pay bills or to complete your transactions, cryptocurrency would be the answer for that problem, as we can use cryptocurrency for online payment with faster transaction compared to the traditional ones, we just only need to consider some different things like the company has the feature of crypto payment.


Title: Re: Safe with bitcoin?
Post by: Natsuu on May 08, 2021, 05:10:32 PM
There are already online cash downloadable in any phones. There is no need for crypto to be involve in regular online transactions such as this. Though it would be nice to have, but not necessarily. We can just use the regular fiat online money for our regular needs, and crypto for different unique transactions such as trading etc.


Title: Re: Safe with bitcoin?
Post by: goldade on May 08, 2021, 05:25:53 PM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.

I absolutely believe that it is true to be safer with the use of bitcoin. With bitcoin, there is no exchange of currency notes which makes it safer to perform transactions.
However, you should know that you do not necessarily need bitcoin to do this. There are several online payment options that do not require the use of currency notes. There are also several bank apps that can used to make transactions.
If you'd ask me, I'd say it's rather too expensive to spend bitcoin on things like food and daily needs. Bitcoin, as it were, is an asset more than it's a currency. It's better used as an investment option.


Title: Re: Safe with bitcoin?
Post by: jonval21 on May 08, 2021, 05:33:14 PM
In this pandemic period, many people have met Bitcoin and started using it. And it's really great for Bitcoin to be adopted even faster than ever. More people are making investments into it and using it while buying something also. And like you indicated, it's much safer compared to fiat.

In this you are right, especially the rate of remittances between countries increased, in Latin American countries the volume shown is higher, especially in localbitcoins.com, many are operating with btc because their fees are not as high as shown in western union, paypal, although the toughest competition is with zelle, some seek to change to other currencies to avoid fees.


Title: Re: Safe with bitcoin?
Post by: agg2702 on May 08, 2021, 05:40:28 PM
This is a very good plan when we are faced with a pandemic like this, this is one of the options that makes sense to me. but in reality it is certainly not as simple as theory imagines. because I'm sure there will be a lot of obstacles when starting something like this like who is the developer? we know this can happen but of course there must be pioneers who make this real instead. in addition, the permission of the government should also be questioned because there are a lot of governments that ban bitcoin. other than that this is only reserved for bitcoin holders only so I think it will not be very effective because there are a lot of people out there who still do not even know what bitcoin is


Title: Re: Safe with bitcoin?
Post by: Rkss4 on May 08, 2021, 05:47:42 PM
Reserving assets in bitcoin is very risky but safety. If you have enough liquidities then you should save your dollars for your wife and children. One can stakes his Bitcoin if he had more interesting in staking.


Title: Re: Safe with bitcoin?
Post by: jerlen17 on May 08, 2021, 11:42:44 PM
In terms of investing and trading or holding bitcoin is not safe, it is risky because the value of it is volatile. Good for you if the value continuously increasing, what if not. And the good thing about bitcoin in this time of pandemic, you can buy and pay bills and expenses without touching any money that can possibly acquired covid-19 thru fiat. We have to be careful to our transactions. We can't tell who is the carrier of the said virus. So bitcoin is the best to use it now.


Title: Re: Safe with bitcoin?
Post by: Midy on May 08, 2021, 11:57:43 PM
That is good advice to apply when a pandemic is sweeping the world, but in some cryptocurrency countries the regulations for cryptocurrencies are still unclear so online sellers cannot implement payments via bitcoin if government regulations are still unclear.
And for now there are many shuttle services to buy goods or food using money within the country


Title: Re: Safe with bitcoin?
Post by: ILuckyGuyI on May 09, 2021, 07:58:44 AM
People can actually use credit cards in such period we are having now. But there are still many people who prefer using paper money instead. Then, I also think that it's a good opportunity to help more people know about cryptocurrencies and the places they can use them.


Title: Re: Safe with bitcoin?
Post by: Handsome Boy on May 09, 2021, 11:15:08 AM
Yes, at the moment this is one of several options to safe your funds

I agree with you, because in my opinion Bitcoin is a good investment and of course Bitcoin is very safe to be used as an investment compared to altcoin, because the price of Bitcoin will definitely continue to increase and give you a lot of profit in the future, so I'm sure you won't disappointed to invest your money in Bitcoin and of course your funds will be safe.


Title: Re: Safe with bitcoin?
Post by: online73 on May 09, 2021, 10:04:17 PM
Hello everybody. I agree with people who write a very simple truth that does not require proof that Bitcoin is still very far from mass adoption. Of course, if they came up with a scheme for the mass use of Bitcoin, like online payment of ordinary bank plastic cards, it would be very cool. But while bank cards are doing very well, Bitcoin clearly needs to be two steps ahead in serving the masses. In the meantime, it's even too early to talk about security with Bitcoin, if only to talk about security in the era of a pandemic.


Title: Re: Safe with bitcoin?
Post by: AbhishekJain on May 10, 2021, 11:10:05 AM
Bitcoin is very safe platform. It is safe as any other platform that you uses in daily life. For the first time everything needs a try. So it is more safer than anything. :) :) :)


Title: Re: Safe with bitcoin?
Post by: elisabetheva on May 11, 2021, 05:03:20 AM
Hello everybody. I agree with people who write a very simple truth that does not require proof that Bitcoin is still very far from mass adoption. Of course, if they came up with a scheme for the mass use of Bitcoin, like online payment of ordinary bank plastic cards, it would be very cool. But while bank cards are doing very well, Bitcoin clearly needs to be two steps ahead in serving the masses. In the meantime, it's even too early to talk about security with Bitcoin, if only to talk about security in the era of a pandemic.
actually it can be done and many want to do it, but the problem is that not all countries recognize bitcoin as a legal medium of exchange. Obviously this will make what will be facilitated clearly useless, as you would say if you can make payments online by card. many have published it, but the problem is that it only occurs in certain countries, it can be used and cannot be used as a whole.

If such an event is clear, the card issuer will not want to do it because it will obviously suffer losses because there is no convenience for bitcoin users in other parts of the world other than where the card was issued. Obviously everyone will delay and will not want to use it otherwise it is easy to do it in another place and the publisher will also lose money and certainly will not want to do that. no one wants to lose every time they publish anything for the sake of convenience.


Title: Re: Safe with bitcoin?
Post by: Xinarae* on May 11, 2021, 05:30:22 AM
Yes, at the moment this is one of several options to safe your funds

I agree with you, because in my opinion Bitcoin is a good investment and of course Bitcoin is very safe to be used as an investment compared to altcoin, because the price of Bitcoin will definitely continue to increase and give you a lot of profit in the future, so I'm sure you won't disappointed to invest your money in Bitcoin and of course your funds will be safe.

Cryptocurrency like our conventional currency is a type of currency. There are many such currencies as an alternative way to secure funds such as bitcoin BitCash, Monero, Litcoin, etc. But Bitcoin is the safest of these its reliability is very high and it ranks at the top of all currencies in the crypto market even if the price of this currency goes down traders are not disappointed because it will not take long for it to go up even if it goes down.


Title: Look at the chances of BTC being overtaken by another cryp Re:Safe with bitcoin?
Post by: r.b.stanley on May 13, 2021, 06:14:43 PM
It's important to evaluate how likely it is that BTC is overtaken by another crypto when wondering how safe you are with bitcoin.

So, how likely is it that BTC is overtaken?

Short answer: Null in the near future, possible in the next few years

Long answer: The closest the market has come to flipping BTC as majority was June 18, 2017 when BTC's dominance fell to 37.84% with ETH coming in at 31.17%.
The next closest times were Jan 14 and May 6, 2018: BTC 32.81% vs ETH 18.78% and BTC 36.03% and ETH 17.29%.

Fast forward a few years to today:
BTC 44.38% vs ETH 18.46%.

Because ETH and BTC's prices are often correlated, it would be extremely surprising if ETHs price climbed massively while BTC stayed stagnant, unless one of them got a boost.
As I've seen noted in other threads, the highest chance of a flip would be a nonBTC currency having a massive technical development and being used in a widespread way: so lets say post ETH 2.0, ether gets picked up by a major payment network...then we may see a flip.


Title: Re: Safe with bitcoin?
Post by: Jazzi Mahesh on May 13, 2021, 06:30:19 PM
Like, in actuality, your wallet should be gotten. Bitcoin makes it conceivable to move esteem anyplace in an exceptionally simple manner and it permits you to be in charge of your cash. Such extraordinary highlights additionally accompany incredible security concerns. Simultaneously, Bitcoin can give extremely undeniable degrees of safety whenever utilized effectively.