I think this pandemic problem will last couple of years or more even when there's a vaccine we still not resume into our normal life and there's a lot of restrictions to follow for us to be safe.Many of us lost their job because of many stablishment or company are temporary and others permanently closed. Economy all over the world are suffering from different problems including financial crisis.And I think even after we get through to this we are still struggling.
Thats true vaccine is the only one cure to survive in this pandemic. Here in Philippines there are some establishment operated but still in social distancing to avoid viruses . Right the economy of the world is so much loss and like you said even the struggles end the economy need more years to rise again. |
|
|
|
|
US still in the position and i think after this usd is back again . Many countries have USD reserve for the trading and usd still in good value but we dont know how strong it is because pandemic in US continuously increasing. I hope soon US find a cure in this pandemic.
|
|
|
|
|
All of country suffered the effect of pandemic so means US is not the only low income. The government here is also low in income but still trying to recover. I think someday president trump will rise the US again. Then why other said that other country can buy africa , africa is a one of the prestigious country and i sure that the people of africa is not to give up the place that give her/his a good life. Peace everyone can save us. Lets stand as one and soon the world will back again to normal.
|
|
|
|
|
There are more time to back the normal because world is not fully recovered in this pandemic. Government give a rewards for the cure but the medicine still not find. In my country new normal is the temporary solution to recover financial loss. I thought soon world will be back again to normal.
|
|
|
|
|
I'll prefer to choose bitcoin as a good in investing because we know the popularity of this coin, ethereum also is a good to invest because this is very important to all tokens that need ethereum as a gas fee for transferring token. But if you want more good potential coins just always check in online chart of a good or best investing crypto this year.
|
|
|
|
|
Quarantine is a first aid of every government in the cities that have a case of corona virus to avoid of spreading the virus. But the bad effect is many people are jobless like me but ill try to find and make a extra income online. Like other said the bad effect is big effect on the person that dont know online income. I wish this pandemic will be gone soon.
|
|
|
|
|
For me gold is more safer than bitcoin , because gold are already trusted in over the world and you can hold a real gold as a saving and wait for the good profit but if we track a bitcoin history , bitcoin is a good one and safer too because if you see the price of this in a past years it is most profitable than gold.
|
|
|
|
|
China is the first virus affected and because of this , they lock all of the cities involved or there are many cases in this virus. And that is the good reason why china is to be a king because china make a good decision and lock all the transportation area that affected of corona virus. If all the countries make a good protection in there people i think the economy will rise up again. But i know this crisis will end soon.
|
|
|
|
|
Yes, the price of crude oil is going low in almost six months. But here in my country , the crude oil price is going up a little by little because the government need some budget to back up a loss budget that used in to fight a pandemic crisis.
|
|
|
|
|
Thats true financial crisis going up , but there are many countries that make a low back income in this crisis. Like here we are under GCQ or general community quarantine because government need income for the recovering of the loss funds because of this pandemic. But for me this is so much hurt because i only working in small business in manila and i here in province of rizal because this crisis. Because of that i planting some vegetables in my backyard to be backup for the future.
|
|
|
|
|
There are many speculation about this kind of virus , some others said that is man made while others said that is the virus that came in the many animal that contaminated in china. Because of this many researcher scientists want to find a cure or a vaccine that can stop this kind of virus. And because of the spreading of this virus , many countries want to buy and find a vaccine for there people's.
|
|
|
|
There are so many possibilities in here if the cryptocurrency will remove or replaced FIAT currency there are some people that doesn't want to use it because they don't know. There are some good deeds it can provide like the faster transactions to any people who use it. But before that happen for sure it will gonna be world discuss.
There will be a huge debate about this thing for sure, and I know this will not happen easily. I actually don't see cryptos to replace fiat, if that is the case cryptos will become more centralize so for me its not a good idea to replace fiat. Better to make a healthy competition with it and let people decide on what to use base on their liquidity. You are right that bro , because many crypto users want the crypto to replace fiat. And like as your said there is not good to replace it because fiat is so much usefull in many things unlike crypto. Yes liquidity is also a base that we need before we trust the coins. I think the good way is to accept crypto or fiat as a partner in economy. |
|
|
|
|
Like other said bank is important to all , because bank is also a partner of all kind of business and also online business. But its up to us if we like use it or not.
|
|
|
|
|
I'll spend some of my bitcoins and others coins in trading , also in loading online games , mobile load and other services in online that accept cryptocurrencies as a payment , that is my way of spending. Just spend our coins in a nice way to be success.
|
|
|
|
|
For me i'll choose both because fiat and cryptocurrencies are different uses in online and offline services. Fiat is used in many countries because this is need to everyday lives while crypto is for online services that is useful for this time because of the pandemic . Its up to us either we want to use or not.
|
|
|
|
During pandemic of covid 19 almost country get crisis and faced economic trouble and now they have try how to wake up and take back recovery to make economic become better, first time have do is how to stop pandemic and try looking for what is the best way and method to stop pandemic 19 and get back people activities like usually, try looking what is the best formula become medicine to killed covid 19 virus and get healthy for all people.
A vaccine is the only solution to eradicate or stop this pandemic, a drug or medicine is just a temporary solution, many countries are struggling to open up their economicies and live with covid-19, getting people back to their former ways is not possible now many businesses had closed down post covid-19 will linger on for atleast 3 to 4 years before things get back to normal. yes you are right vaccine is the one that can stop this pandemic , but how many days or month to make a vaccine that can cure us. yeah the 3 or 4 years is enough and see the world back to the normal again. |
|
|
|
|
Yes us dollar replaced if china want to change it. This is possible because china are good in managing of economy and good almost in businesses. But i think bitcoin is good partner for chinas digital yuan because there are many people's trust the bitcoin in online aspect.
|
|
|
|
It is possible to live without Banks in countries where the governments have accepted cryptocurrency and its operations. In such countries, there are likely to be cryptocurrency merchants who will offer best services more than what the Banks do. In this manner, crypto lovers can forgo the Banks.
Yes you are right about that but banks are also important to us , because there are many options can do in bank and i think bank is good partner of cryptocurrencies. I see many banks that accepting crypto in online operations , banks also partners of many online shop that accepting crypto. |
|
|
|
Yes. Inflation and deflation of the prices is controlled by the governmental bodies. This is not dependent only on the cryptocurrencies. Various financial activities that are taking place at the national and the international level determine the prices in a specific country. Moreover the economic growth is much relatable to the development in different spheres.
Not to mention that manipulating national currencies (eg. by printing money) is often done by purpose, to make own companies with their products cheaper than of its foreign competition. This is how China for years had been working as a factory for the world. Each state is trying to help its producers by taking various tricks, whether it is a deliberate depreciation of the national currency, taxation of imports with various duties, and much more. It’s just that some states use legal methods, while others may cheat. overall US govs has been cheating all this time anyway - they have printed money so they inflated all funds of holders outside of the US, and then gave these printed money to the citizens economically thats tricky, not cheating really, but we all know it is i heared that but i dont know if this kind of trick is effective this time of crisis that affect the prices of all cryptocurrencies and also a paper money that we use for everyday's need. We witnessed that every crisis that effect us , it can make the value of crypto down or up. |
|
|
|
|
Show Posts
