I agree. It is indeed the future of money and probably everyone should adop with. The good thing with this is that it is decentralized where in everyone has equal rights and transparent to transactions.

The demand is too high I guess. They wouldn't last for a year if they cant get much in return. The rent was high due to the location and probably they are selling much more than $10K a month.

At some point it would be good but it would be stable. It wouldn't be like bitcoin having thr chance to gain more. It wouldn't be that volatile when it comes to price but I guess it would help in lessen the hasle on buying goods.

No. I do believe they already have the cure to this virus. They were treating their own and not having a single care to other nations. It is secretly processed in their Chinese owned hospitals anywhere in the world and China is supplying the cure.

https://cnnphilippines.com/news/2020/4/27/Baclaran-Paranaque-raid-clinic-medicine-COVID-19.html

This pandemic caused a little change in Bitcoins price due to panic selling and personal usage of fiat. I do believe that this outcome will be resolve once the pandemic is resolved.

The People's Republic of China should be sanctioned due to the outcome of their incompetence and selfishness act. They should be the one who started the lockdowns and not allowing their citizens to go around the world.

It'll comeback strong after this pandemic. I am sure some panic sells due to lack of money present in their wallets. They need money to survive this crisis and selling bitcoin is one of their choices.

Some scientist believe that this pandemic will last for not less than 8 months due to handy testings of vaccines. It is also believed that after pandemic, their will be a new normal where in facing mask will be a must specially in crowded places, economy will soon be rising again back to its normal phase, and some most likely people will be very much vigilant on their surroundings

It is quite predictable due to Global lockdowns caused by this pandemic. The demand is low but after this crisis I believe that it would go back to its normal phase. Slowly but surely.

There are no economic positive impact that is happening wherever in the world. All is at its low and probably lowering as time goes by. It is quitely impossible to have an increase when there's no money circulating around.

It will go 20K as soon as this Virus is gone. Until the whole global economy aren't stable due to this pandemic, Bitcoin wouldn't get as high as it should be. But some factors affects it somehow.

I think they are somehow confident with their health care systems in which they took it for granted til such time they themselves cant stop the effects. Too much confidence leads to a disaster like that and now they are facing much more problems economically. But hey its U.S. the greatest nation in the world. They'll comeback faster than other countries.

Governments needs money to support the Covid response steps taken to mitigate the effects of the Virus. It is quite fair and useful because these budgets are for our own good and might be used as fuel to stop the virus.

I think you cant buy good in your local area with bitcoins. The problem is everyone is using fiat now due to the crisis. Everybody needs physical money to buy goods that could make them survive this pandemic.

At some point in the near future, crypto will dominate the world but it doesn't mean that it would erase fiat in its existence. They both need each other in terms of usage and features.

I do believe that this virus has something to do with trade war between US and China. It is quite clear that this bully nation has an intention to become the most powerful country in terms of economy and soon military. You guys doesn't even know that they already have a vaccine. The chinese are curing their own citizens here in the Philippines and no one talking about it in social media

https://www.pna.gov.ph/articles/1100900
https://cnnphilippines.com/news/2020/4/27/Baclaran-Paranaque-raid-clinic-medicine-COVID-19.html

It is quite possible but knowing that cryptocurrency are banned in some countries, it might also not. Cryptocurrency as we all know is a work of Mr. Satoshi and no one ever knows who really he/she is.

This pandemic affects all businesses not just crypto. Some business booms ie. (Pharmaceutical Industries, PPE's manufacturers) but most likely others where down. Meanwhile cryptocurrency in the other hand cryptocurrency is quite unique it would recover as fast as possible. Just like old times.

I dont think that many countries would be burning oil due to lack of of storage. It is quite erroneous specially that this pandemic would not be lasting for more than 2 years. This pandemic slows down the usage of oil and when this ends, it will surely comes back to normal usage.

I agree but not for long. In the near future where production of money is quite hard due to lack of resources, the world will be in need of cryptocurrency. Not now but soon it will.