Bitcoin Forum

With the society collapsing , I fear for a common man , I fear for the families who were already living on the edge and now without any jobs , without any money , they are surviving on the brink .
Yes the government is distributing food for the poor , they are doing whatever they can , but it is not enough .
Just like , we are able to transfer our education system , all online in a matter of days , why are they not doing the same for most of the offices ?
Even at the time of the crisis , corruption still can be seen , when a country which is considered the most powerful , the US , when the people cannot trust the president itself , who can they trust at that time ?

I do know that people engaged in cryptocurrencies are way ahead of the time, so do you guys think there is a way by which jobs can be provided to the needy because we all know that a vaccine is 12-18 months away .

Things will take a lot of time to be normal , till then how will the economy survive?

No, the government believes that $1,200 on a person is enough to prevent upcoming collapse.

Well ... I think in the end the government can not do anything. Food needs assistance only lasts 3-5 days, in the end, the poor people can only hope and depend on themselves, the government cannot be relied on.

the whole world in chaos right now and we don't know what are waiting for us in 3-4 months and how many people will die in this situation by coronavirus and by not getting proper food and treatment but whatever happens economy might get 5-10 years behind because of this. And there already many conspiracy theory going in which is not good for us I hope we can overcome this situation by working together.

Stay home Stay safe

I don't know about the offices but for us teachers, I know one thing. We can't still fully adjust to the pandemic happening. We are in a province and there are three positives of the virus so classes will obviously be adjusted again. We can't fully do online classes since not all of the students have access to the internet. Another thing is that with the pandemic, books are in their schools so we are having a hard time pointing on what to do. Well, most of the activities are being done in their homes and luckily some students can go to those people that don't have access to the internet. Though there are still a lot of activities to be done, I told them that I would be giving them bonus points as long as they followed the quarantine policies in their places. I don't really push them to do the activities, I am more concerned with their health right now. 

About the survival of the poor, I have my sympathy for them. The government can't do all the job of food supply. This is a time that the wealthy and politicians who most likely have stolen from the people should give back to the people in support. My worry is the time duration that op has suggested that vaccine could be available. That is really a long time, this might really take the world to recession.

In this situation, we all need to come forward and help people with everything we can. but the problem is we can't go outside right now so it creates problem but if we donate the government and if they distribute it to all people it might work but this is a short time solution if this go for a month than many countries will suffer more than a rich country like the USA.

They do and that's why they are trying to give out whatever help they can, and they hope that the people would understand the reasons for the lockdowns and quarantines currently understanding. It isn't a matter of money IMO, there are millions of people in a country and if the government were to fund each and every one of them, it would take an astronomic amount. Not to mention the funds they would need to spend on supplies, as well as possibly researching regarding the virus.

Any kind of help for them is nearly dead at the moment. Not to mention them, even us who are relatively well aren't able to help for the long term. Sure, we can try to give out food and supplies to them, but that would only be a temporary approach. The fundamental problem wouldn't really be solved.

We shouldn't expect everything from the government. This is why there are financial gurus that are educating and helping people for times like this, those teachings are applicable.

About the jobs, I don't think that the government can provide all of them to have it. What they can do is just support and supply them with the basic necessities but we couldn't just entrust everything that we need to them.

It isn't possible to create jobs for everyone during the times of economic recession, no matter how technical advanced we are. Recession slows down the economy and not everyone is skilled enough to adapt to new changes. For example, most of the desk jobs are now shifted to Work from Home basis. But what about daily wage workers and manual laborers? We can't shift their work to computers. We have to wait for economic reconstruction to employ them once again.


During tough times it's the job of government to bring parity across country. This could be done by distributing free foods, giving financial aid to poor. In such conditions, we have to give away the idea of economic development and focus more on economic well-being. Once tragedy is over, government once again have to take pro-active steps to provide jobs to all those who were retrenched during recession. That will be the time when your question will become relevant again.

Dude, society is not collapsing.  This is an outbreak of a virus that isn't particularly deadly, and it's only going to be a temporary thing.  Yes, it's having huge effects on the economy but I don't think this is going to spark massive unemployment for the long term--and I'm hoping the effects aren't too drastic in a year or so from now.

There are going to be more deaths from COVID-19, but compared to other causes of death that number is relatively small.  It isn't as though this strain of coronavirus kills everyone it infects.  Most people who get it feel like they have a cold, and this whole situation could have been much, much worse if it were a deadlier virus.  It'll take some months, but the world will get back to normal.

Yeah, the crisis and all, its coming all over again.

Even the International bodies are saying we have already entered into the economic crisis and dawn of business shut is on the way. (Reference : https://www.epw.in/journal/2020/11/h-t-parekh-finance-column/triggering-global-financial-crisis.html)

This situation is anyway gonna last for longer than what it appears to be calling for "Global Emergency". Let us just hope that China doesn't do any harm to other countries with their so called devil plans. If they step forward with war intentions then lets just pray that we save our a** and still be enjoying this forum forever.  ::)

I agree that society is not collapsing, but it is true that people who used to be vulnerable are now in critical state. For instance, in my country, homeless people are suffering more than before since places where they used to sleep are closed, places where they were given food are closed as well and even charity organizations are not that helpful due to the quarantine and everyone staying at home.
Regarding the virus, if you take a look at the number of cases worldwide that had an outcome, the current death rate is 18%. Moreover, the real scope of the disease is unknown due to a very limited number of conducted tests. Finally, if people don't take the quarantine more seriously, it is estimated that millions to dozens of millions of people are going to die before the vaccine is here.

I do not think this is possible or achievable. It is always about given and takes. Even the traditional stock exchange asset get dump and also pumps. Nobody wants to see crypto being regulated yet we all want to see crypto being recognized well by the government. Most government won't wanna accept something that they cant control. For them, it is like seating on gun powder.

For the government, we are only pawns on the chessboard, it is more important for them to look good on the world stage during the crisis. About the transition to a remote mode of operation - for office workers it is as easy as shelling pears, but what about ordinary workers? If at the moment almost all the work is suspended, then how can such people survive? At $ 1200 from the government? I don’t think so.

Not just a year, probably. China has the best shot on winning the economy really, as the pandemic cases decreases in their country while the other country suffers and is needing a cure China will just get the advantage of it. Count how many countries that China has already and have a debt, the USA, worlds leading country has a debt in China let that sinks to your mind. China isn't playing games, they are the game master of this world. I tend not to believe that they created the virus but after some readings my think was changed and connected the dots from every aspect.

The government cannot do it by them all. They need the help of those people who has a good heart to help those people who are in need. Infected countries must totally lockdown and force their people to quarantine themselves so that the virus will not spread anymore while trying to cure it. Lets just hope that this crisis will end soon.

several decades ago, people kept savings worth several months of income. being out of work for a couple months would not mean economic collapse. fast forward to a society where most people live paycheck to paycheck and have zero savings. most small businesses can't survive shuttered for a month.

i would like to share your optimism but we need to exit the crisis stage first---flatten the infection curve, secure enough hospital beds and ventilators, etc etc. on the current path, the USA simply doesn't have adequate healthcare infrastructure for the projected hospitalizations.

for things to improve, the population needs to start taking the threat seriously. people are still throwing coronavirus parties, not wearing face masks in public, not heeding shelter in place orders. it's insane!

tbh, americans are pretty retarded---they obviously have little to no regard for vulnerable populations like the elderly. the projected deaths are getting higher everyday. most of those deaths are gonna be our parents and grandparents, all because of these arrogant assholes who think "it's only a cold, what does it matter"? and they go around spreading this extremely infectious virus exponentially through our communities.

trump downplaying the pandemic every step of the way for the last 2 months has worsened the crisis immeasurably. americans never took it seriously. they still aren't.

In my opinion, the governments of most countries are now taking quite tough timely measures to combat the spread of coronavirus. Moreover, the measures are so unprecedented that some even raise the question of whether we are too zealous and remove a lot of attention to him.
Thanks to such tough measures, for the first time we are surprised to see how quickly the nature of our planet is cleansed and restored. Many predict that after we overcome the coronavirus, our planet will no longer be the same. Perhaps we will no longer pollute the nature around us, especially since we have the opportunity to switch to renewable alternative energy sources, rather than using oil and gasoline in such enormous quantities.

I think everyone government around the world today are thinking of their people and how to help them alleviate the current and looming recession. As you have said, US stimulus package, but I think it will not be enough though. We can only get that much help from the government, sad to say, to each its own right now.

As for crypto enthusiast, yes we have some leverage, specially if you have save a lot in the last couple of years. But I don't know if that is also enough to last in the next 12-18 months. I have buckets of like 6 -12 months, but I need to also conserve it because we really don't know what's going to happen if vaccine has not yet discovered 12-18 months from now.

Corruption has been with us for centuries, so I don't know if those corrupt are going to take a back seat because of the pandemic. For those living below poverty line, I think the government needs to prioritised them.


I'm under the impression that people who are engaged in cryptocurrencies are in the sphere because of situation like this.

I doubt thought that there could be jobs created out of this pandemic.


It might take some time for the economy to recover. That's why cryptocurrencies are a good hedge for everything. We have a fairly good head start, I think we can last until everything settles down.

In US, their stock market really dropped as this virus immediately spreading in their country. As this Covid-19 is continuously spreading, still their leader or their president is doing nothing but only a reminder. The government in US is very passive as it doesn't do some actions to prevent and lessen the transmission of the virus. The economy of US have no progress this time as President Trump still underestimate the influence and effect of the virus to its community. Meanwhile, China is progressively reducing the number of cases in its country because I think they already have the vaccine for the Covid-19 virus. Also its economy is not that affected and I'm wondering how and why. It is impossible for the country to manage their economy as the virus is also affecting their market and people. China already survived and have a stable economy as this virus is still spreading in some other countries.

If you're in a third world country, you will really experience the true effect of economic crash during this time of crisis. Most probably, the economic debt of that country will increase and become higher until they can't pay instantly the amount that they borrowed. The only good thing here is that you will support and take care of your people as your country is fighting for the Covid-19 pandemic. Economy of US went down as the number of cases in their country is constantly and consistently increasing, the same with Italy, their stock market also crashes. Do you think that this is just temporary? Or it will permanently affect other country's economy? Hoping for all of the countries affected to recover and survive this crisis, physically, mentally, and economically. It is not that easy for a country to manipulate their economy instantly so it is a long way to go to recover.

I have no idea there is a vaccine that's coming in 12-18 months. Chinese solved their case without vaccine involve.

But if we think about hte worse scenario, the wolrd is in the brink of choas that we only see in movies. We could see millions dying, looting everywhere, killing and robbing on streets for food. Its going to be worse for people living in a regions with no water and food resources.

I think many benefit if bitcoin become legal transaction and government give space for bitcoin become legal transaction, will have transparent system payment if using bitcoin and keep away from with corruption if government use bitcoin as their payment in every sector.

Americans are responsible for some of the greatest achievements of the modern society, yet on the whole as a people, they really are incredibly dumb and selfish. From their reactions on gun laws when school-shooting happen to the present uber-machos on twitter saying stuff like "this is the govt trying to take away your freedom", "How is your free trial of communism", "Its just overblown. look there is no crowd at the hospital", "Deep-fakes, fake media, Trump is God". It is unbelievable how dumb this is.

The only thing that works is to maintain social distancing personally, in your family, in your locality and ensure that your own little island is safe. Keep your individial islands safe for long enough and once enough people realize that its no joke, we can possibly get back to normal with some precautionary habits like no handshakes, masks, covering when sneezing and sanitizing hands and oft-touched surfaces. That is basically all that is needed but unfortunately, the whole lot of them are individual experts in epidemiology and governance.

In the current conditions, cryptocurrency will not be able to do anything. Because what is attacked are economic subjects in the real sector which ultimately affect the market. The only solution to overcoming this epidemic problem is how to block the spread of the plague and minimize the impact caused by the pandemic.

I don't think the government understands or doesn't want to understand that the end of the trade war is the beginning of the military war, after the trade war, there was a currency war, an energy war, a technology war, then now covid-19, is this not a biological war? The coronavirus has been around since 1980 but is not as deadly and fast as this transfer, because covid-19 is an enrichment virus.

So when covid-19 should have appeared in December in Wuhan, intelligence agencies in all countries should have already signaled the start of a national threat that would mark the start of the third world war.

When it should see a national threat signal, the government immediately builds national reserves, towards the health, food and capital distribution sectors for small and medium businesses. Many governments of various countries are late in responding because they misread the geopolitics of the world, so they consider co-19 as a common pandemic of flu or smallpox, whereas covid-19 is a warfare, so the government must be extraordinary.

As long as the public health system is good in a country, the corona is not deadly, but when the health security system is bad, the cases will be like Iran and Italy. In this condition of force majeure, economic interests must be set aside and prioritize humanitarian considerations.

In addition to compartmentalizing and controlling a pandemic, the government must also start thinking about and finding solutions to the after pandemic effect. Global issues that are pressing all countries today are the corona epidemic, the economic downturn & the global recession, falling crude oil prices to affect small businesses in the community which has an impact on rising unemployment. So besides thinking about blocking the coronavirus, the government must also think about how to reverse the economic curve.

This may take more long years to go before bitcoin will be fully recognized by all countries and be supported by government. For now, we are all facing tough times due to covid-19 so this is the time for the government to help us and give us food and financial assistance so we can cater to our basic needs. The government has its own fund for emergency cases like this so they should do their part for us.

i didnt know that the vaccine will be release on those said dates but do you have a source on whered you read it ?  not all knows this but 18 months or more is too much  , why the heck it will take too long when already have good equipments these years or maybe formulating it isnt really easy even on a not sevre virus  but anyway governments will understand it for sure and will make a way for thier people to provide some help .

  i dont think corruption still takes place and no one will tak about that for a while

Am I the only one who is thinking that for the first time ever (except USA) governments are actually doing what they suppose to and they are actually working overtime and trying to help as many people as they can? Like right now there are so many nations who are postponing bills, who are dropping taxes here and there, making healthcare not only free but also accessible quite easily, helping out the poor, paying welfare to people who are unemployed and many many many decent democratic socialism things that are looking after the bottom up instead of top down.

I know we have been looking for governments who are using the taxes they take to help out the ones in need but it looks like maybe corona actually made them realize that not everything a politician does should be tied to votes, maybe you can do things without caring about votes and just caring about humanity.

I don't desire any support from the government for cryptocurrency, they cant give what will replace fiat in their country but can show enough negligence to allow the use of cryptocurrency and allow the fiat to cryptocurrency trade. Development will always come from every country financial system that allow adoption and building project around cryptocurrency. However, Blockchain keeps enjoying the adoption in all sectors of the governent

We can survive this crisis. I mean, we should! I am also seeing those government officials that are still corrupting the budget for the people who are really in need in times like this. Our economy is suffering a lot, I know government is doing their best to help the people but it wasn't good enough.
 
 Some people are starving to death and yet those officials still aren't giving what people deserve for. How about the no work no pay employee? I am sorry but I am disappointed for the slow response and I do hope this will be a way for the government to understand our real situation.

Most of the business are close upon the order of the government, so people does not need to work.

The best way to survive in this pandemic is just to stay at home, and now it's time for the government to provide the needs of the people as we are taxpayers and I'm pretty sure the government has a calamity fund for situation like this, and if they don't have enough funds, they need to borrow money just to provide the people what they need which is the basic needs.

Here in our place, the city Government do what they can to give assistance to a lot of people quickly because, the people are now losing food and need to survive the calamity but, if the outbreak won't be stopped sooner, a lot of family will experience hunger. The calamity surely affected a lot of countries around the globe but, we should not always blame all to the Government because, from limited resources they are making strategic moves to both combat the virus or stop it from spreading and feed a lot of families in the entire country.

When normally and back good situation where bitcoin at the top price government will care with bitcoin and take part for bitcoin become legal payment transaction, with easy way how to sent money to other wallet give feature with bitcoin become legal payment in the next moment.

Supposing we are playing bodyboard, we are now sorting out which waves we will take to arrive at the beach safely. This first wave we have to get through the corona wave safely so we can choose the path to face the second wave, the after pandemic effect or the wave of the recession caused by economic paralysis due to a pandemic. But the struggle doesn't end there is still a third wave, the tsunami wave, a war between American superpower and China's great power, whose escalation peaked before the November 2020 presidential election.

The stock market was destroyed because of panic selling or the capitalists had coded that soon there would be an economic reset because bond papers were overvalued and would be discarded. The stock market will be left destroyed because the ones who will lose are small investors, while the giant capitalist has saved himself by holding fiat, with the aim, when resetting happens, they have fresh cash money to continue their hegemony. We take the example of Warren Buffet (Berkshire Hathway) selling 70% of his shares in various investments even though he is the one who always keeps the shares for the long term, suddenly holding fiat money.

With the corona outbreak, America will print money by issuing new bonds and fiat money held by capitalists will be used to buy the debt paper. So in the new setting America and the capitalists remain in power.

The government is always wrong, that is because of HINDSIGHT BIAS
https://www.investopedia.com/terms/h/hindsight-bias.asp

Let's say at the time Wuhan faced the epidemic, governments then closed all the borders, so there would be no pandemic like today. The haters would say that the government is overreacting, causing damage to the healthy economy, etc. Come on, man!

This crisis will end for sure, and don't underestimate the power of entrepreneurs. They will move the economy forward. Fixing the economy is very doable, but raising people from death is impossible.

In a pandemic, any state will try to restore stability as soon as possible. However, not every country will do it right.
For example, in the United States and Western countries, states allocate funds for their citizens without problems, because chaos can begin without livelihoods.
But what will authoritarian and totalitarian countries in which corruption reigns do?

I asked myself about this for some time.
What if this takes longer?
Bad things will happen on the street. No more security and people will start fighting for food.
The people's tax is what is being used by now but those officials get their salary from it too.
I bet they would want to use it for themselves first rather than giving it.
This world will become a survival of the strongest. Sure is unfair but what could we do about it?
We can't go to the streets to push those officials into doing something about it since the virus could spread more if people are in place.

As I see it, it became a social media battle by now. It's bad but we need to go through this. I am one of those average human who might get hungry anytime if this takes longer.

What can you offer? Let's say Trump takes the same measures as Franklin Delano Roosevelt, who began to repair the infrastructure, but how do you imagine this? How much do you offer to pay these people? If you have a clear financial plan, then offer it to the government, if not, then this talk is a dummy.

by its anonymous nature it does make cryptocurrency as a reference for money laundering. especially for countries with high levels of corruption, which will certainly make the government vigilant. and indeed money laundering is the main reason for not legalizing crypto at this time, in some countries

I like how you said it, people engaged in crypto are way ahead of the time! This is true, we understand how crypto works, we understand how fiat works, we use both, and we know to make a difference between those two systems. Ordinary people don't know who print money, how money is being made and distribute, how can we expect from them to understand crypto when they don't understand fiat, fiat they use every day!

Crypto jobs! There is a job for everyone here in crypto, depending on your knowledge and skills that much you can earn, sky is the limit! Even for people who don't know much, they can click faucets, PTC sites and many other things! Point is that you can earn in crypto, more or less depends on you!
But, there is always some but, I have a friend who is in a big problem now! I am telling him for years that needs to start with crypto, but he doesn't have time to earn little and to learn more, so he can earn more, he want to earn a lot, and he wants that now! I'm afraid that many people think the same, they don't wish to make some effort and learn something, they just wish to earn a lot! But we here know that things don't work like that.

The poor should be able to go alone to farms for example, or go with few people (in recommended social distancing/spacing way). It's not a good idea to rely on people (who can turn evil) to keep you safe and well fed.  
Don't rely too much on internet just incase they start using it for evil. Use the physical space in the recommended safe way.
If a President or Leader finds a truely safe way to keep people working in physical space, people who don't think it's a good idea should prove him wrong or let others work in his recommended safe way.

Many countries in the world are suffering a very bad crisis because of the pandemic virus called COVID-19.  The World Health Organization (WHO) are helping to the other countries that doesn’t have the ability to accommodate their scope. So that if the economy of one’s country doesn’t have the ability to sustain their needs the WHO are ready to help them. All the countries are helping each other to survived the economy because of the pandemic virus. The solution that we do is to pray that the pandemic virus will cured and pray to keep ourselves healthy.

we literally can't avoid human factor with any level of clarity of the system whether its fiat or blockchain.
we have to educate people what is it like to care about other people around them before anything changes

It's not only a matter of government but also social responsibility. Nowadays we act as a strong hand so that we beat this deadly virus.

nice said  . this words are familiar to me  i think i read it somewhere on social media and there are post about unity  while other posts are direcrly blaiming the government. why will you blame the government when infact they already play thier role ?

if people will stop complaining for once and will use those efforts to shut thier mouth , that can avoid the comunity became toxic . its not helping on this situation but we all now need is peace and unity and we can easily bust this virus .

I don’t think there is any other job you can give to people now apart from online jobs. Lots of companies that ordered their employees to stop coming to work, also ordered those whose roles in the office is possible to be worked online to continue working from their home.

There are some people who have now started searching for freelance jobs and when you visit these sites the competition is going to be very now because there will be lots of people there who are looking for jobs. The only things you can do with Bitcoin is to either invest your money, do micro tasks or signature campaign if you need something that pays reasonably, but all these requires a lot of work.

True, the government is trying to save us, they give what they can give but I feel sad for those people who are not able to get foods or supplies until now. I know it is hard to know or to think what will be the future is after a couple of months being quarantined or lockdown in the house without job and income. But all I know that the government has already made up a plan for that, we have to trust them. We have funds, let's just listen to government's advisories about the virus so that we are updated. Also, there is a lot of people who do fundraising to help the poor people to give them enough food to survive. In times like this, we should stay at home, keep our self healthy and safe. Don't disobey governments' rules because this is for our safety and to reduce the number of cases. Hoping that in a few months this crisis will end soon.

This challenge is the challenge of the whole world and I don't think 2-3 weeks of break Should so much affect the economy. Only for China that had a major loss. this should be understood to safe lives and economy will be restored when the economists are alive.  In fact there are certain ways it is of advantage to the global world. When the cloud will be at rest of co2 and many dangerous fumes.

Indeed. Not only the government is trying to help the poor people that there are also some people who has an ability to help other people, but it is really not enough to help everyone who needs help. We should be really put a lot of trust to every fronliners or doctors to solve the cure the virus.

There are really a lot of people are now suffering because they don't have any jobs, so they could earn money and to feed their families. Governments and their citizens are also having huge conflicts with each other because they don't receive enough help from them that every country's economy is starting to fall down because of these virus.

The government cannot only provide the poor with food, what the poor need most is actually income. Especially with the current crisis,
which requires everyone to be at home. The government should understand that only bitcoin can become the solution to this problem.
With the government legalizing bitcoin and providing online education about bitcoin to all its residents can overcome financial problems.
Because with bitcoin people can make money from home.

Research laboratories are turning to a couple of medical concoctions that may not work as effective as vaccines, but can easily repel the virus' exploitation of the common entry points within the human cell. So far, a few laboratories already offered promising results, with more and more concoctions being added in the mix of drugs that can be used to help our fight against the virus with or without vaccines.

Going back to the topic, I think most governments would be open with the fact that their citizens would be accepting gigs that involve cryptocurencies as long as it will help them keep within their homes. It might fall under informal economies that cannot be taxed by the government, but everyone else around the world is scrambling to get their stomachs fed, and help from the government wouldn't be sufficient if the spread of the virus continues and economy sits at a stand-still. Resource allocation at this point in time should be focused on the poorest of the poor, and those who can work from the comfort of their homes should continue to work--be it paid by fiat or cryptocurrencies--to lessen the weight of the governments during these tough times.

Despite the country banning bitcoin or other crypto currencies in your country, you can still buy or invest in bitcoin. What I am saying here is that despite the legalization of the government about it, they will not be pushing everyone to invest or buy it since it is decentralized, that might affect the reputation of that person. In these times, every person is a critic.

I think that this is very hard thing to address, the least possible that could help right now would be a financial stimulation but that would not be enough because they sustenance, I think the better solution would be to give items that helps prevent the contraction of virus to workers that will continue.

We will survive this, corona is deadly but lets not act like it will kill everyone in the whole world. It is one of the worst virus outbreaks in the recent memory, only worse ones are the century old or even older, we haven't had something like this in a long while so it is scaring a lot of people and I can understand why.

However lets be realistic, it will probably kill maximum of half a million people, is that bad? It is horrible, it is a tragedy, it is incredibly sad. But is that end of the world? It is not, we have 8 billion people, half a million means 7 billion 999 million 500 thousand still alive, we are seriously too crowded in the world right now, it can't really hurt all that many people. Know the difference between too many people dying and world ending amount of people dying.

Countries have reserves to support their population. Here is an example of them:
https://www.msn.com/en-in/news/world/russias-putin-orders-month-of-non-work-to-curb-coronavirus/ar-BB125P3P (https://www.msn.com/en-in/news/world/russias-putin-orders-month-of-non-work-to-curb-coronavirus/ar-BB125P3P)

But I am concerned as you are that not all countries have the capacity to support their population.
The Venezuelan government granted bonuses for each worker, who updates their employment status through the Patria platform valued at $5 for each worker. https://www.patria.org.ve/ (https://www.patria.org.ve/)

It has also offered boxes of food for 7 million families
https://www.notitarde.com/rodriguez-anuncio-distribuyeron-2millones-de-clap/ (https://www.notitarde.com/rodriguez-anuncio-distribuyeron-2millones-de-clap/)
It is not a perfect measurement but it is worse than nothing. I hope that the help reaches the neediest.

Please, also share how your country's government is helping in the Covid19 pandemic.

Many are helping within the Covid19 pandemic in our country aside from the govt the rich have come to the fore to assist the poor they need to be been asked to remain home for his or her own safety and are distributing relief reception. There are many paid working people that are ordered to pay albeit they're not working the govt is seriously helping us deal with the Covid19 pandemic.

The government understands that and I just believe they can work well and I, as a society that does not have much knowledge to overcome problems like this, will at least just wait and be patient. Well I know, just waiting and being patient will not be enough but, when the government has made great efforts to break the spread of this pandemic at least we also have to do or implement or obey the rules consistently because with good cooperation the rules with great effort will work well and at least the effects that occur will be seen quickly. There is no way that can be done quickly to end this crisis because the most important thing right now is to cut off the spread of the virus immediately, because then the crisis will definitely end too and the economy will spin as it should.

It is not the government jobs only, but it is every person's job. We need to contribute to help other people who needed. Maybe we cannot give everything to all people, but at least we can try to help people in our environment, and I am sure that will means for them. Imagine if all people care about other people by helping them who needed, the situations will be better. We cannot depend on the government only, but we need to join the act, and together with other people, we can handle the situations. I am sure that there is any institution that will also help people in every country, but they are limit by food, time, money, and everything. If we can join with them, and we can share and help other people, the thing will better.

I heard that in India, the lockdown was not very successful. many people rebelled as a result of being expelled from their jobs, and other reasons. Well, however, the government really needs to educate and think about this. besides that, I also heard that in China, the distribution of staples is not very successful either. although we do not know whether online business or crypto is successful, it should be tried.

to maintain the current economy it is good for the rich to help the poor to survive, because if they hope from the government alone it will not be enough, now at this time precisely in my country has been implemented a lock down that almost all residents have little income, if they not working then there will be nothing they can get.

The rebellion was probably because of insufficient help provided by the government. Without any proper support from the government, countless families would probably encounter a lot of problems surviving through a lockdown, even if we say the duration would only last for about 1-2 months. This actually causes negative effects instead because people now refuse to follow the orders of the government, hence an increased chance of people actually being infected by the virus.

It's not a matter of everyone helping, its a matter of what they could actually help with. And tbh, the government NEEDS to lead it. Even if we do say some people are actively contributing, without proper order to it, it would just lead to dissatisfaction among those that are being helped and not being helped.

The best way to save the economy of a country in a scenario like this is, make the whole country focus on curing the virus and as much as possible lowering the cases day after day. If your country eradicated the virus then,. you can continue you daily lives normal and the whole system will be working again. Eradicating the virus will save your country for economic crisis.

Let's just hope the the cure will be available anytime this month, all of the markets are crashing because of this, people are losing money and love ones.

Indeed, we cant return to our normal lives if the virus is spreading and the infected are increasing. In order for the government and health officials to get rid of this, people should cooperate and stay at home if possible. We need to unite, and politician should set side their differences and support each other because during this time we can only rely to them.

And that's one of the problems now, instead of following government's orders and helping the government by staying home they question the government's actions towards the fight against the virus, they ask for food because they we're all hungry and i can't blame them but i think what we need here is to meet each other at the middle, people can lower their expectation because government officials are also struggling ang government should exert more effort and understanding to their people, we need to do our own part and you'll see we are stronger than you think.

Third world countries like our country barely survives what is happening right now.
TBH, those who know how to work online have the upper hand right now but unfortunately in our country most of the people are employees who are working in different companies where they don't have any salaries if they don't work :(.

I don't know how the government will act with what is happening right now. The shortest time until a vaccine will be created is 12-18 months like you said and it is a long time. We are currently in a lockdown for less than a month already and we can feel how difficult it is right now especially for those poor people :(.

Economy will recover but for now, the countrymen must be the priority of the government right now.

Crypto currency is also money so people have to work if they want to have cryptos, there are some job opportunities available related to cryptos but it is not possible for the whole world to work with crypto development because then there will be no one to invest on those cryptos which makes it to completely worthless.

What government will do now is to give loan for the people to create cash flow in their economy to the people economically alive while governments also can enjoy the taxes.

This cold shower also has a positive side, people are more aware of their values and resources. The unemployment rate will be higher so there will be certain social issues. Real problems will reveal when people will fight for food, we all remember 2010.

The current total concentration of the government is to stop the spread of the coronavirus, almost all countries provide economic stimulus to reduce the effects of virus mitigation, although the amount received by each person is felt to be insufficient but it is a form of government consistency to ease the burden on society, especially the lower middle class. Damaged economy can be repaired but when lives are lost how to revive it.

Of course, the government has prepared a series of planning that will be carried out by considering the corona effect, after the virus spread stops and the recovery process takes place. Staying at home does not mean we are not productive, we can start helping the government by trying to rotate the economy around our environment. We can begin to turn on the semi-barter system in our neighborhood to meet our basic environmental needs.

With this, the home industry will develop and the economy continues to spin even though its scale is small. But if all countries do the same thing with the basis of the popular economy, the country's economy will recover faster. Considering that after recovery, the government's main focus is production to meet domestic consumption needs. With the independence of the people of the country can shift its production to accelerate economic recovery by exporting so that foreign exchange enters.

I agree with you, the government should lead it. They should provide enough support to their people so their people will follow the lockdown procedures. In my country, a lot are still going out because the promise food supply didn't reach them. They can't survive the lockdown without food and work, specially to the poor sector. And I don't want to call it rebellion, because they are just expressing their hunger. And they wanted to claim what is rightfully theirs in the first place.

I hope all will be good in the following days. I also wanted to feel the sense of urgency from the leaders. Waste time and a life will be lost.

Of course that's the main objective of every government as of now. However, it makes me sad that here in our country the virus is not the main problem but the countrymen and some officials. Despite of the crisis, they still have the energy and time to waste on political issues. Activists keeps on rallying and ranting about the lack of blah blah, some local officials are "sleeping" amidst the pandemic. I don't know what's going own, that's what I hate the most in our culture — the crab mentality ::). Nonetheless, our government continue to work to fight. Some might find it slow but complaining is useless, right? We have no choice but to trust the process.

Those who have the ability and money, indeed many who need this pandemic for personal gain. indeed this is very unfortunate, considering actually we should be able to fight this virus together, without being together then this outbreak will last longer, given its spread is very easy and does not know who will be infected

Well.. What happened after the 2008-09 economic recession? During that time, a lot of people lost their jobs and a large number of businesses became bankrupt. But the economy recovered very soon, during the 2009-10 period. Within two-three years time, the economy was in a much better state, when compared to what we had in 2008. I hope that the same will happen this time as well.

The elites, and those in power (the government) don’t really care. They might provide food for a few people and leave the rest to starve. And that brings us to developing countries with corrupt government lol. Their government will issue a lockdown and let people starve to death without providing them with money and food to last them through out the lockdown.

When the government provide for people, that’s when they will agree to stay indoors and stop coming out when there is a lockdown. But when there is no food, some people will not obey the lockdown because they will still try to sneak out to look for food, and when they are caught they are punished on top the hunger :(.

Simply because some paper works are not built for online yet. We're still in the process wherein we're shifting offline transactions online. That takes a lot of time and for third world countries, it'll take a longer time I guess since not all of the business were capable in making their system available online. Another factors is that people who are working (specially old workers) are not too knowledgable about the computer. Thus, they are less productive in making their stuffs online.

Realized or not, people still not aware of the actual online transaction, and it's not easy to shift the current transaction. People who know the online transaction having difficulty in introducing the new system to people, and yes, they need more time to let other people learn and use that in their daily life. But soon, after many people have been known about the online transaction and many of them familiar with using that thing, I guess that time will come to them to have a new opportunity to work from home although they have it now.

Not all government are acting nonchalant about Bitcoin, we have government who are but in place vision about Bitcoin and there countries Future, but we can't forget that some government are still holding there grounds and the ban placed on Bitcoin are still active.

The Bitcoin is communicated massively already and we can do little to change there minds but the good thing is government changes hand and may be when someone who knows the drill is in authority they can change their countries

The needy ones are the one who lacks gadgets as well as tools used for trading cryptocurrencies. How could you expect them to perform such work if they dont have the basic need for a home based work. What they need are seeds to be planted, financial support from the government, and compassion from those who have more than enough.

Practically everyone has the right to feel something about what happened in this world of crypto, and also we have no power to detect their real personality and emotion aside from this, it is a big fault to force them all to deny their feelings on what a wonderful world becomes dry and heavy and it seems like a zombie planet. but seriously if people on earth are throwing their pride and helping one another by giving and offering I think these global economic crises will end automatically.

Even there are some countries are now banning the use of cryptocurrency or the bitcoin-only still there are some few countries accepted the use of these like the china recently they already accepting the bitcoin but after that, the pandemic outbreak exploit and hits a lot of people, and that was a considerable impact to the economy too while the market price of the fiat and crypto brings down, but now they are covering right now and hoping it will bring back to the top and becomes normal. Today the introduction of online payment like bitcoin is more important because this can avoid the spreading of virus and also following the rules of social distancing.

The poorest of the poor in our country knows nothing about cryptocurrency simply because they didn't have enough education to access the latest technology. They don't have the equipment even the internet connection to learn about it so they have no choice for now but to rely on the government. The hardest times will come after a few months which is known to be the survival period, especially for poor countries. Lucky are those who have earned something for their future. The government focuses on the current situation because they still aren't sure about the things that might happen ahead. The pandemic is still unpredictable so as our future.

Will the vaccine keep people at home again? God should intervene upon our government. I sincerely wish cryptocurrency could make things up at this time, there are a lot of people we should help but not many of us are bouyant enough. It's complains here and there. A country like Nigeria that was already battling with poverty for more than a year now and still in this status quo, can you imagine what their pains will be like.

Its not the government who need to understand but also the people arround the world, because i believe that using crypto is really quite simple and very much more convenient and safe to users than using fiat. I beleive that son some more government will make believe on it. We really need crypto for good.

The current crisis is showing how frail is the current economic system, a great deal of the things being produced are not really necessary and once the demand of the society shifted to something more realistic suddenly we are finding out that all of those business were built on very unstable ground, now the governments are trying to fix this by printing more money as they always do but even if that could be enough to somehow alleviate the crisis for the moment during the next year we are going to feel the effects of that much money being printed, so what can we do? Not much except to protect yourself and your family from the worst effects of the crisis that it is to come.

Surely it does and the government will appreciate crypto and gives support for it. May this thing will happen if they'll find out how the people being satisfied with the use of crypto. Crypto has a reason for its existence and the willingness of the people to adopt the new market system isn't strong enough to push the government to believe as well and this I may think that makes them doubtful as they can't clearly see that crypto seems to be helpful for everybody.

In this situation we should not rely everything in our government,we also need to help each other to survive. If this pandemic will continue for a long time  government and economy will be down. So,people must follow what the government policies on this situation to help fight and survive from this virus.Stay at home ,Stay safe....Also those whale that owns a lot of bitcoins,I think they should extend their helping hands specially those in need ,to the poorest of the poor just to survive for this situation and it could be a big help to our government. And if the government see that people in crypto world extend their help ,government will surely appreciate and honor it and it might be a stepping stone for the government to accept cryptocurrency and give value on it.

Not all governments are really doing anything neither, they literally just let it be and allow people do whatever they want, even if that is not a ban that is not supporting it neither, so all in all there are still ones who do not see bitcoin the way we see it.

I have always said that bitcoin is internet of money, an increased and better version of regular money we use, no matter how digital fiat gets thanks to banks, it will never be fully like bitcoin because we have decentralization and we are sick and tired of the way rich people get what they wand and not have the equal playing field, in bitcoin even if rich people can move it around with their money at least we know that the playing field is equal here.

Although there is support from the government through policies that do not prohibit cryptocurrency, as a matter of fact, the use of cryptocurrency does not touch the real sector and the volume is large on the exchange, if crypto is used as a speculation tool then the benefits for the people will not be maximized.

In addition to making ordinary people switch from fiat money to bitcoin is very difficult to let alone make people trust or want to learn about other cryptocurrencies. What about the existence of ICO for criminal elements can be used as a mode of fraud that can harm the people. Therefore, some countries still ensure their black and white points to be stipulated in legislation.



I am among those who think that printing money in the right conditions is the right thing as long as the goal is for a productive project not for consumption. Productive projects are the driving force of the country's economy. The solution to the crisis resolution by way of debt to the IMF, world banks and debt to other countries is very improper at this time, let alone aimed at closing the consumption budget especially if consumption is imported.

Most of the governments are not open-minded, that is why.

When they see or know something about thing like Bitcoin that is decentralized, that they can't control, they would be thinking that it is something that shouldn't be accepted or be circulated or be used by their citizen. They would be thinking that people would use it for criminal purposes, for money laundering and even terrorist transactions.

Government sees bitcoin more as an investment than a currency, and as an investment, they see that the risk is high and people might get scam.
Look, rich investors that has name in the business industry are not even investing in bitcoin, they called bitcoin a gambling that is too risky.

The government sees the same, their job is to protect the people so their mind is quite close on this but as we continue to build crypto to be bigger, they will eventually see that we are a good industry as we can sustain, sooner, they will regulate it as they see the money they can collect here.

I am sure the government has understood this situation, we as the people must support the government,
if there is no support, the country will not be able to handle it, Corona Virus has indeed killed the economy, many workers have been fired in my country, maybe not only in my country, I am very concerned now, hope the world can be recovery

Here in our country, they already regulated Bitcoin.

In fact, a lot of mobile wallets are being used that accepts Bitcoin. The problem is that we are limited to only that. Businesses are still not accepting Bitcoin, they are not creating opportunities for people to use it. Though these mobile wallets, these exchanges are making ways to promote it like giving discounts and cash backs. I am not expecting anything from the government since I know they are so busy with other things.

Governing bodies are already taking action, though the action are still on the phase where they are on short-term solution. I think the government understands the situation but they are finding the best solution so that it benefits the people. The problem is with the people, they are asking for more when there are other people that are also affected, if only all people have the empathy and broad perspective then the problem that the government is trying to solve will be a lot easier.

Adoption will not happen right away, sometimes it will take time and little by little you'll see an improvement to that.
Little improvement is better than no improvement at all, as long as bitcoin is not illegal in your country, you can always expect its adoption will grow in the long run.

This depends on where you are located geographically, in some cases things might be good in others not so favorable even downright scary but the IMF has a trillion dollar war chest it plans to put to good use to help stabilize third world economies, plus there's plenty of charity work that can help from more developed nations so don't despair there should be a concerted enough effort to look after as many citizens of earth as possible, and hopefully in future Bitcoin can play more of a role in these endeavors

In such a situation the government must immediately understand that its people need income. It is true that the government
guarantees supply basic needs, such as food supply for each of its people. But it is not possible to make people live peacefully,
because people also need money for other unexpected things. Therefore there is no other choice, in my opinion cryptocurrency
the best solution for anyone can earn income. And the government must understand that.

It is not that the government misunderstands this situation but the thing here is that not all of the government are legalizing or accepting cryptocurrencies, mainly bitcoin, because of the fact that people could invest in it and earn quickly. The governments are also legalizing it for the safety of their citizen. As @Viscore said it, little improvement is better than no improvement at all.

How to make government will easy to understand about feature using bitcoin and altcoin as legal payment transaction, I think always have politic society about will legal bitcoin as currency or not because when government get fee commission they will got legal using bitcoin in their country.

It is one of the indispensable consequences when the economic crisis comes and we cannot avoid it. The government understands this and they are even more concerned about people's unemployment. That is why the US and China are increasingly wanting to reopen the economy quickly so that things do not go into the deep hole anymore. Any government wants its country to be good and beautiful, and its people happy. So now is an opportunity for us to work together with the government to fight this Covid pandemic. Staying home for a little longer and spending less will be a good way to help society and economy grow again.

Bitcoin will always have such volatility.
Big ups and downs in prices is one of the basic characteristics of this market.
We need more trust in the market but this is very difficult to happen in the crypto industry as it is an open market where everyone buys and sells freely.

If that is the case then it seems that their country is in a corrupt government, although it is still uncertain, at least, when they are concerned about the costs to finally be made legal then it looks like something is strange. But when it comes to this pandemic, the use of virtual transactions and / or other digital transactions will be the most important as a form of deciding the spread of the virus and I think bitcoin and of course other cryptos have gained legality and the problem is that the application is still lacking in many sectors.

Here in my country, I can say that the government, most especially our president is doing everything he/they can just to provide money and other necessities for all us, but unfortunately, politicians under him seems to be the problem. Distribution of foods, money and other necessities are done with political interests. They choose to first give those people who voted for them during elections (they know who did and did not, as always) and also they steal some of this money.

Even if I like bitcoin and the fact that no one can print it at will I get what you are saying and I agree, printing more money under the right circumstances and using that money for the right things could be a way to get out of a difficult situation especially when so much is at stake around the world, but this crisis could not have come at a worst moment, some of the most powerful countries of the world were already carrying huge levels of debt that were unsustainable because of the 20008 crisis, and what it is even worse that crisis was never really resolved, that is why we are not only facing a health care crisis we are now also facing an economic crisis and thing will only get worse from now on.

IMO, it is not about how the economy can survive, it is about how we can solve the crisis or the virus itself as soon as possible. It seems that there were individuals, and families who weren't cooperating with their community their were still who defy orders, and that's the big problem. If people would remain prioritizing their pride over a simple order, controlling the amount of infected, and would be affected by this virus would going out of hand by the authorities. Thus, cooperation is the only key to solve this crisis so that numbers would remain under control. Unfornately, economy set to suffer as well, no one's excuse on falling down in this time. Economic recovery, will be settled once the virus that causes it to fall is gone.

Yes, but it seems OP is talking based on what is happening in the US to judge what's happening in other countries. If they are doing their best to distribute food to those that are poor, then they are even trying. There are some places where the government doesn't care about the poor, it's only the rich that's surviving in those countries.

Everywhere in the world, the rich people are usually lucky. When things like these happen, they already have enough foods stocked up and won't feel whatever that's going on. They can stay indoors for long. But for the poor, it's not the same. There are even those that don't have homes to go to, they sleep on the streets.

The government is very familiar with the characteristics of bitcoin. The state intelligence has observed cryptocurrency and altcoins so that they can map the benefits and disadvantages. Thinking for the country is very different from thinking for families or communities. From the results of long-term research and observations about bitcoin and altcoins, the government decided to only trade it, allowing it as a means of payment. But no one has revolutionized the economic system from fiat currency to a decentralized system with bitcoin.

In the state principle, community interests must take precedence over individual interests. Avoiding difficulties must be prioritized over seeking benefits. Larger losses cannot be accepted to eliminate smaller ones. Greater benefits cannot be sacrificed for smaller benefits. Conversely, smaller hazards must be accepted/taken to avoid greater hazards. Smaller benefits can be sacrificed to get greater benefits.

Actually this is not the proper time to think for cryptocurrency from government side i think because government can not engage maximum people in crypto system at this situation where they have no vast idea about this system. At present time they must have to recover what they have that is one week before of examination we do.

If you really expect something from governments then you are in delusion! They do what they want, they help whomever they want, they are a centralized group of people and they do what they want to do! They don't ask us is it smart, is it good, but they are using our own money for their own agendas! I don't expect from the government to understand crypto, I expect us to change the system and replace governments with Ethereum!

what we can do right now is praying and stay at home , so we will not spread the virus to other and will ligthen up to the goverment i guess

I also worry about such people , but will the government be able to reach out to all these people? It's also best for those of us who have enough to give out from what we have to the poor people in our society that have nothing. This kind of case is a serious one in some African countries with corrupt leaders. These poor people are sure going to die in hunger especially with this lockdown.

I am not happy that this kind of situation is affecting them, because they have the worst government on earth. They have a government that doesn't care for the people. Imagine these people wouldn't have where to run to; if they should go outside they will have to face Coronavirus, and if they stay indoors they will have to face hunger.

Somehow the economic system has to be reboot and all the essential domains should open their gates. If we dont work things will get much more complicated than it is in current status. Usually with hunger commes social violent issues, nobody will stay at home when the children hunger.

Government can't afford to sustain peoples daily needs. They provide food good for 2days only then after two weeks before they give another foods for 2days again. How people live in that way? Crypto is a good opportunity and alternative jobs but are those people know about crypto? Also bitcoins value now are dropping because of those who sell because maybe they need money also for their foods. We are all in difficult situation right now.

Oh yeah, many goverments are positioned in the perfect place to be parasites, and instead of avoiding it at all cost, succumb to it. I don't know the solution to all but I know that a lot of countries would do much better if people weren't so corrupt and selfish.

The government should realize and be able to understand that cryptocurrency is the fastest solution to be able to get income in such situations
now. Because cryptocurrency can help people get income from trading or investing. The government must immediately legalize cryptocurrency,
the faster the better. I can at least now get income from trading, the results can be to buy daily needs.

I think in the present time there are some jobs for low-level people. Take my country for example, in Vietnam, people with low levels of food delivery work to  families through GrabFood. In addition, the government of my country has many policies to support poor workers such as monthly cash benefits. In addition, charities invented "rice ATM" to distribute rice to the poor for free.