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Author Topic: Bitcoin can save some people's lives :->  (Read 918 times)
Kakmakr (OP)
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February 11, 2020, 05:47:13 AM
 #1

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

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February 11, 2020, 06:29:53 AM
 #2

This is why online payment is much more better than physical payment.
We don't know how much virus or germs does one coin or paper money have since there are so many people who already touch it.
We couldn't know if some ill people have touch it before and their virus could be transmitted by it.

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February 11, 2020, 06:39:54 AM
 #3

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

When it really happens, the bank system will be chaotic because of bitcoin, so before that happens, the main obstacle is that the bank system still cannot legalize for bitcoin to become an electronic payment.

Actually, if we discuss further the method with electronic payment can be more effective than the local payment method. of course this can be one of the innovations that can soon be realized.
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February 11, 2020, 06:41:11 AM
 #4

This is why online payment is much more better than physical payment.
We don't know how much virus or germs does one coin or paper money have since there are so many people who already touch it.
We couldn't know if some ill people have touch it before and their virus could be transmitted by it.
Online payment system is good and have a lot of advantages, people in Wuhan can prevent spreading virus by using digital payment system than using traditional payment system which is fiat money where the virus can spread through the use of it. I also read anarticle about it where people of Wuhan are now prefer to use digital oayment system for their safety and health concern, poor payment system is also a matter and it can solve by the use of online payment system.

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February 11, 2020, 06:58:43 AM
 #5

Paper money and coins has been known to carry viruses like Norovirus, Hepatitis A virus, Rotavirus. Virus can survive well on coins.
Great idea to adopt digital payment like bitcoin.
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February 11, 2020, 07:03:44 AM
 #6

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

Interesting example but people still have to go out in order to buy food or other things needed for everyday life.
They can use digital payment but can't eat digital food 😀
Authorities have to change laws and  create necessary regulation before crypto can become regular way of payment.
They will not do it because of Corona virus but only if they find a way to control crypto transaction, collect taxes etc.
It will not happen over night but I agree that because of such situations more people may start to use crypto in daily life and will put more pressure on authorities to accept crypto.

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February 11, 2020, 07:23:39 AM
 #7

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

I don't really think that the coronavirus is transmitted via touching paper money,coins or anything else.
It's transmitted via air and moisture.Even if its was transmitted via touching paper money,you can see that people all over China are using gloves now.Switching from fiat money to digital money will lead to more people using Wechat Pay(like you mentioned) because it's more convenient than BTC.Very few merhcants and buyers might switch to Bitcoin or any other altcoin.

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February 11, 2020, 07:28:22 AM
 #8

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

Well, you have a point, since nowadays corona virus is scattered all around the world, and it is still present in countries affected. This is one of the ways to avoid infection. Aside from this, there are also a lot of benefits if we use cashless payments especially today, since people want to have an instant transaction, without any traffic.

About the virus, we still should be safe by having a proper hygiene because it is still the best way to avoid it. Since the virus is not air borne, so we should not worry about it and let us keep ourselves clean every time.
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February 11, 2020, 08:05:54 AM
Merited by DdmrDdmr (1)
 #9

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

I don't really think that the coronavirus is transmitted via touching paper money,coins or anything else.
It's transmitted via air and moisture.Even if its was transmitted via touching paper money,you can see that people all over China are using gloves now.Switching from fiat money to digital money will lead to more people using Wechat Pay(like you mentioned) because it's more convenient than BTC.Very few merhcants and buyers might switch to Bitcoin or any other altcoin.

That is where you are wrong my friend.  Wink The world health officials know that the respiratory disease is capable of spreading through human-to-human contact, droplets carried through sneezing and coughing, and germs left on inanimate objects. Source : https://www.cnbc.com/2020/02/04/researchers-say-the-coronavirus-may-be-more-contagious-than-current-data-shows.html

The Corona virus can also survive up to 9 days outside of the body, so it will definitely infect you, if you touch it on any other object other than someone's body. Source : https://www.forbes.com/sites/victoriaforster/2020/02/09/scientists-predict-coronavirus-may-live-for-up-to-nine-days-on-surfaces/

One of the most effective ways of killing the virus on these surfaces is to use common household products like "Bleach".  Grin  <So you will not go to jail if you wash your money>  Grin Grin Grin

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February 11, 2020, 10:14:17 AM
 #10

Cashless society sounds great when linked to Bitcoin. Otherwise, it's terrific.

First of all, why would they switch from fiat to Bitcoin in order to go cashless when they have bank accounts that are holding virtual money? Switching to BTC, especially in China where laws regarding Bitcoin are very strict and there is only one ATM in the entire country AFAIK, would be a pain in the ass.

Merchants are looking to boost their sales. Switching to Bitcoin and leaving fiat behind would kill your business.
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February 11, 2020, 10:26:42 AM
 #11

Do you people actually think before writing things like this?

Ok, you pay with bitcoins, there will be no hand contact between you and the merchant, you won't be touching paper that might be infected by the merchant's hand but....

You will still touch the f%^^%%% merchandise you buy, the one the merchant and probably other customers have already touched maybe a hundred times!!!!!!!!!
It is like wearing a condom and then .... you know.....!
You won't be touching some money that might or might not be infected but you're still going to eat the bread in which that merchant sneezed a hundred times.

No wonder diseases spread like wildfire!

I don't really think that the coronavirus is transmitted via touching paper money,coins or anything else.
It's transmitted via air and moisture.Even if its was transmitted via touching paper money,you can see that people all over China are using gloves now.

That is where you are wrong my friend.  Wink The world health officials know that the respiratory disease is capable of spreading through human-to-human contact, droplets carried through sneezing and coughing, and germs left on inanimate objects. Source : https://www.cnbc.com/2020/02/04/researchers-say-the-coronavirus-may-be-more-contagious-than-current-data-shows.html

Viruses don't do well on paper like objects.
https://www.ncbi.nlm.nih.gov/pubmed/6282993

Influenza viruses die pretty fast in tissues and are almost impossible to transmit over a 1 hour period.
Don't confuse viruses with bacterias.


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February 11, 2020, 11:03:25 AM
Merited by Kakmakr (1)
 #12

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

Welcome to Asia my friend. We are all "backwards" in some things but because of that we are also quite innovative when it comes to technology. Wechat pay has been around for a very long time and for us QR code scanning, and ewallets have been part of our lives for a long time. I remember some tourists from Europe so surprised in my city we all tap to pay 15 years ago, and they were still using paper and coins.

And infections methods... I would be really careful and leave it to health authorities;)

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February 11, 2020, 11:13:28 AM
 #13

Bitcoin's the only payment method I can accept here as I'm not in a position to submit legal documents for a credit card. It does allow for people to make a living and get paid in stable money (the cash over here is near useless).

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February 11, 2020, 11:33:55 AM
 #14

Do you people actually think before writing things like this?

Ok, you pay with bitcoins, there will be no hand contact between you and the merchant, you won't be touching paper that might be infected by the merchant's hand but....

You will still touch the f%^^%%% merchandise you buy, the one the merchant and probably other customers have already touched maybe a hundred times!!!!!!!!!
It is like wearing a condom and then .... you know.....!
You won't be touching some money that might or might not be infected but you're still going to eat the bread in which that merchant sneezed a hundred times.

No wonder diseases spread like wildfire!

I don't really think that the coronavirus is transmitted via touching paper money,coins or anything else.
It's transmitted via air and moisture.Even if its was transmitted via touching paper money,you can see that people all over China are using gloves now.

That is where you are wrong my friend.  Wink The world health officials know that the respiratory disease is capable of spreading through human-to-human contact, droplets carried through sneezing and coughing, and germs left on inanimate objects. Source : https://www.cnbc.com/2020/02/04/researchers-say-the-coronavirus-may-be-more-contagious-than-current-data-shows.html

Viruses don't do well on paper like objects.
https://www.ncbi.nlm.nih.gov/pubmed/6282993

Influenza viruses die pretty fast in tissues and are almost impossible to transmit over a 1 hour period.
Don't confuse viruses with bacterias.

Yes, I read every post I make and I see 1000's of people dying of this virus and I want to see that Bitcoin can be used to make a difference.

The thing with fiat cash is this, MANY people handle that cash on a daily basis and the coins and notes are normally placed in the same basket, where it spreads the contamination to the other cash that are placed in that same basket. So the probability for for contamination is higher, because the contaminated cash touch other coins and note that are not contaminated. The virus are also spread through fecal matter and tests have shown that fiat cash are very dirty and a lot of it has shown traces of fecal matter.

The food merchants normally have to adhere to proper food hygiene and when a crisis like this happen, they would probably be more aware of the dangers of contamination, so they will increase measures to reduce the risk. Washing food containers & utensils in Bleach to kill the virus. (The Health inspectors will also be more vigilant, since this virus originated in live food markets.)

Also, people do not just buy physical items, they can buy virtual goods and air time, where they do not have to touch anything. If they used cash to buy this, they could have been infected. <Paying for parking meters / wearing gloves and cooking produce at high temperatures and destroying the containers or using your own.>

If you took the time to read the articles I added in my previous post, you would have noticed that test were done to determine that the virus survived up to 9 hours on physical surfaces, like metal, plastic etc..

Let's look for a better solution and not criticize other people for thinking out of the box.  Wink

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February 11, 2020, 11:38:28 AM
Merited by Kakmakr (1)
 #15

<...>
As expected at this early stage, this is where we, the general population, get fed different information and, since we are not technical enough on the matter, may misread (along with Journalists) some information that reaches us:

The WHO (World Health Organization) states on its web page (https://www.who.int/news-room/q-a-detail/q-a-coronaviruses) that:
Quote
It is still not known how long the 2019-nCoV virus survives on surfaces, although preliminary information suggests the virus may survive a few hours. Simple disinfectants can kill the virus making it no longer possible to infect people.
A few hours are not enough for a shipment to carry the virus in an active state (i.e. shipment sent from China), but enough for someone who has it to touch/sneeze over some physical form of money, and hand it out along with the delivery of a Pizza. Who knows about the Pizza box itself while we’re at it.

Of course, things evolve quickly in terms of knowledge of the Coronavirus, and whilst the WHO states the above, The Journal of Hospital Infection published on February the 6th the following article: https://www.journalofhospitalinfection.com/article/S0195-6701(20)30046-3/fulltext. Now this study seems to analyse the coronavirus family in broader terms, and is not limited to this specific outbreak, but the study claims:
Quote
The analysis of 22 studies reveals that human coronaviruses such as Severe Acute Respiratory Syndrome (SARS) coronavirus, Middle East Respiratory Syndrome (MERS) coronavirus or endemic human coronaviruses (HCoV) can persist on inanimate surfaces like metal, glass or plastic for up to 9 days <…>
By my reading, the above mentioned 9 days are rather generic, and it depends on the specific Coronavirus strain. For example, the above link encloses a section that indicates that SARS-CoV strain P9 can last on paper for up to 5 days, but strain GVU6109 lasts for less than 24h on an inanimate surface.
 
The Coronavirus we are dealing with here, 2019-nCoV, is not mentioned explicitly in the study results, so what I make from it, is that they have given a historical perspective of how long a Coronavirus may last for on an inanimate surface, based on prior studies, as a sort of framework, but not specifically on the 2019-nCoV strain.
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February 11, 2020, 11:43:42 AM
 #16

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

Going by that logic, if infections would be spread 'less' due to eliminating fiat, aren't products also infected as well?

I'm not against the your post, in fact, I am surprised that there are merchants that accept bitcoin as a payment method. China has seen the potential of cryptocurrencies and its effect in the future. I hope that countries will view this as an example in considering utilizing cryptocurrencies as a payment option.

Aside from that fact, I do agree that shifting towards a digitalized payment will inevitably happen in the future. But we cannot implement it now as there are countries from the underdeveloped and developing are slowly innovating their technology and infrastructures. They still lack the necessary technology to shift towards this payment method.

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February 11, 2020, 11:58:18 AM
Last edit: February 11, 2020, 12:30:42 PM by stompix
 #17

If you took the time to read the articles I added in my previous post, you would have noticed that test were done to determine that the virus survived up to 9 hours on physical surfaces, like metal, plastic etc..

I always take my time to read stuff and I always try to understand what I'm reading.
I gave you a link, not from a newspaper but from NCBI and the text clearly says

Quote
These observations suggest that the transmission of the virus from donors who are shedding large amounts could occur for 2-8 hr via stainless steel surfaces and for a few minutes via paper tissues

There is a huge difference between steel and paper just as there is a big one between survivability and transmission.
Also there a big difference between transmission from fomites to humans and transmission between fomites.

Quote
Yes, I read every post I make and I see 1000's of people dying of this virus and I want to see that Bitcoin can be used to make a difference.

Sorry, but to me, you sound like those people wouldn't have died if they have used bitcoin!
Are you seriously claiming this?
Do we really have to piggyback on every disaster or crisis, from a nuclear war scenario to an epidemic to show how bitcoin can save the world?
I'm starting to see bitcoiners are enjoying those lately.

Let me ask you this then:
Would you support a government ban on cash payments if they would use the disease spreading as an excuse?  Wink

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February 11, 2020, 12:28:45 PM
 #18

All the analogies you are telling do make sense. It's time to use digital currencies like bitcoin for transactions financial.
One of the benefits can avoid transmission of disease, it's an indisputable fact. So from that I always start it from myself
to always do transactions digitally. But since my country doesn't allow bitcoin as payment, I use digital transactions such
as mobile banking and internet banking to buy all the necessities of my life.

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February 11, 2020, 01:25:26 PM
 #19

All the analogies you are telling do make sense. It's time to use digital currencies like bitcoin for transactions financial.
One of the benefits can avoid transmission of disease, it's an indisputable fact. So from that I always start it from myself
to always do transactions digitally. But since my country doesn't allow bitcoin as payment, I use digital transactions such
as mobile banking and internet banking to buy all the necessities of my life.
Yes it is a good practice that we always do online transaction or digital transaction just like mobile banking and etc because of this we will be able to purchase and do transactions through the use of mobile phone only or our personal computers, this online transactions makes our life more good and the necessity that we are gonna do so it would be better for all of us because of that we will be able to lessen our work by just doing online transaction and through the use of digital currency.



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February 12, 2020, 06:35:06 AM
 #20

      Making payments for goods online can be advantageous, one of the reason being that you can stay anywhere convenient for you and purchase anything you may wish to purchase without necessarily needing to go to the market or a shop.
      But the idea that it prevents the spread of corona virus isn't so true. Why it is not so is because when you purchase a particular goods, whether online or not, you'll still have body contact with the goods when using it. The virus can be transmitted from an infected person to another through contact with objects that have been handled by the an infected person.
     The idea of online payment can only help in reducing the risk of exposure to the virus but not in preventing contraction of the disease.

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February 12, 2020, 07:21:01 AM
 #21

If you took the time to read the articles I added in my previous post, you would have noticed that test were done to determine that the virus survived up to 9 hours on physical surfaces, like metal, plastic etc..

I always take my time to read stuff and I always try to understand what I'm reading.
I gave you a link, not from a newspaper but from NCBI and the text clearly says

Quote
These observations suggest that the transmission of the virus from donors who are shedding large amounts could occur for 2-8 hr via stainless steel surfaces and for a few minutes via paper tissues

There is a huge difference between steel and paper just as there is a big one between survivability and transmission.
Also there a big difference between transmission from fomites to humans and transmission between fomites.

Quote
Yes, I read every post I make and I see 1000's of people dying of this virus and I want to see that Bitcoin can be used to make a difference.

Sorry, but to me, you sound like those people wouldn't have died if they have used bitcoin!
Are you seriously claiming this?
Do we really have to piggyback on every disaster or crisis, from a nuclear war scenario to an epidemic to show how bitcoin can save the world?
I'm starting to see bitcoiners are enjoying those lately.

Let me ask you this then:
Would you support a government ban on cash payments if they would use the disease spreading as an excuse?  Wink

You are placing me in the wrong box. Go look at my post history and find the posts that indicate that I am one of those people who are using major events to hype Bitcoin use, as you are claiming.  Roll Eyes

Fortunately for me, I have close friends that are working in the Health industry <Labs & Pathology> and they get frequent updates on the latest news about this virus epidemic, so I am quite informed about the latest things happening with this. They are very concerned and this sparked the idea with me to find a way for Bitcoin to help people to avoid physical contact with the virus. <Even if it only save a few people's lives>

This is why I used this in the thread heading ... " Bitcoin can save some people's lives :-> "

Just be open-minded about this and use your knowledge and skills to find solutions to prevent a disastrous global epidemic. Bitcoin can make a difference in some scenarios.




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February 12, 2020, 11:39:54 AM
 #22

All the analogies you are telling do make sense. It's time to use digital currencies like bitcoin for transactions financial.
One of the benefits can avoid transmission of disease, it's an indisputable fact. So from that I always start it from myself
to always do transactions digitally. But since my country doesn't allow bitcoin as payment, I use digital transactions such
as mobile banking and internet banking to buy all the necessities of my life.
Yes it is a good practice that we always do online transaction or digital transaction just like mobile banking and etc because of this we will be able to purchase and do transactions through the use of mobile phone only or our personal computers, this online transactions makes our life more good and the necessity that we are gonna do so it would be better for all of us because of that we will be able to lessen our work by just doing online transaction and through the use of digital currency.

Although it is technical, it is on point but it only makes people more anxious about the virus that it can increase their fear and lead them to some stressful thoughts. Maybe they will think that all of the people they encounter have the corona virus, it is inappropriate, most especially when you're having transaction using fiat currency. Judging people like they have a virus will lower your confident and you will degrade the self-esteem of the person that you are having communication with. Practicing safety and cleanliness is good and appropriate but judging people is not. Try to ask them first if they have the virus or if they're fine before doing some actions for you not to be anxious. Know first the people you have transaction with, so that you know what currency you will give, either bitcoin which is digital or fiat.

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February 12, 2020, 12:49:07 PM
 #23

~snip~

Undoubtedly, it is what is happening, in addition that the effect of the epidemic has caused in the market for some people who use bitcoin as a refuge of value, very similar to gold, in fact Bitcoin if it can save lives in any moment, since it is immediate money that can be used from anywhere in the world, the problem of the virus is world-class, the figures that are handled by the news are not real, I think the real figures become surprising, the market Bitcoin is being seen with more volume, small people's investments may be reflected every day.

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February 12, 2020, 01:58:06 PM
 #24

Well you do have a point there and I did get convinced but then I thought, why should I use bitcoin when I can use other online payments.
China has WeChat, India has Paytm, GooglePay etc... I am not against bitcoin since I like bitcoin too but I think using the term bitcoin is unnecessary here.

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February 12, 2020, 03:41:50 PM
 #25

You are placing me in the wrong box. Go look at my post history and find the posts that indicate that I am one of those people who are using major events to hype Bitcoin use, as you are claiming.  Roll Eyes

I don't need to go there as I remember all your posts and the topics we've discussed
From the fact that you didn't pay your cable tv and got cut out to Brexit and the Chinese new year you're always finding bitcoin as a solution for problems that it can't solve. Don't you remember how it would solve poverty?  Grin

Fortunately for me, I have close friends that are working in the Health industry <Labs & Pathology> and they get frequent updates on the latest news about this virus epidemic, so I am quite informed about the latest things happening with this.


Did your friends tell you what the NCBI says?
Or are your friends better trained than the guys working there?
I'm still waiting for a study of virus transmissions between fomites, there is no conclusive study to date of how this happens if it happens at all.

And please don't avoid my question:

Quote
Would you support a government ban on cash payments if they would use the disease spreading as an excuse?

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February 12, 2020, 03:53:55 PM
 #26

Yes, the current era of cash payments should be reduced because there are even many shopping centers using electronic payment methods. Indeed, they still use fiat even though the payment system is now more trend in digital form and I guess that is not a problem because electronic payments will obviously reduce someone from being infected with any virus found in many items there especially in cash. This should be realized by the government and is ready to make a mass transition in many shopping areas.

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February 12, 2020, 04:07:52 PM
 #27

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink
nice one mate,you made a connection about the virus and bitcoin for advertising but it is legit,the Physical contact can be lessen if the people of Wuhan uses Bitcoin instead of physical Money,specially that according to the report about the Virus started in Public Market in which people are exchanging Money so the more infection happens.
Online payment must be really implemented to prevent things like this happening in the future.

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February 12, 2020, 04:10:28 PM
 #28

At first, I also thought that it's an overstatement that this coronavirus can survive on banknotes, so I did a bit of research. It seems that there is no conclusive evidence about that because many things about the virus remain unknown. In any case, money is very dirty, unlike most things we touch that often. And banknotes can contribute to the spread of some diseases, so even if it's not about coronavirus or not about viruses at all, it's still a real problem. I agree with you that cashless payments could improve the situation, and Bitcoin is one of them. However, could you elaborate on why Bitcoin can same some lives, not cashless payments in general? I mean, you do say that it's about cashless payments, but do you think there's anything that makes Bitcoin stand out in these illness-related cases?

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February 12, 2020, 04:38:20 PM
 #29

Well in our country, there are apps that would support these donations.
In even the greatest disaster, it could also help. Here in our country, where even Taal Volcano erupted and I think they could've done the same as this but the thing is it is way too hard yet to implements such that the trust into it isn't well established as the current financing system we have today.
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February 12, 2020, 04:38:51 PM
 #30

At first, I also thought that it's an overstatement that this coronavirus can survive on banknotes, so I did a bit of research. It seems that there is no conclusive evidence about that because many things about the virus remain unknown. In any case, money is very dirty, unlike most things we touch that often. And banknotes can contribute to the spread of some diseases, so even if it's not about coronavirus or not about viruses at all, it's still a real problem. I agree with you that cashless payments could improve the situation, and Bitcoin is one of them. However, could you elaborate on why Bitcoin can same some lives, not cashless payments in general? I mean, you do say that it's about cashless payments, but do you think there's anything that makes Bitcoin stand out in these illness-related cases?
maybe harder to be transmitted thru Paper money(though can be also but only shorter time as the virus may die sooner)but in Metal or Physical Coins the virus can stay longer that is what i have watched in news in which a specialist tells the way we can prevent from being infected.
maybe the best thing is at least be aware of those and use sanitizer from time to time.

but i like how OP made this topic related to Bitcoin and the advantage of using this than FIAT.
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February 12, 2020, 04:57:59 PM
 #31

I like bitcoin a lot, but without exaggeration. How would bitcoin help in this situation? honestly it wouldn't change anything. To buy bitcoin people would have to go to the bank or buy with other people, not to mention that the price of bitcoin would increase a lot because many people in the crypto world are greedy and have no feelings for other people, for these greedy people in the crypto world what matters they are 2X profits and therefore would increase the price of bitcoin a lot, even knowing that it would be an emergency situation. In my opinion Bitcoin does not help in these situations

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February 13, 2020, 02:16:50 AM
 #32

But how about those who work as a delivery man? If most of them are just buying food online? I don't know whether to consider it something that can save lives because definitely in a situation like in Wuhan necessities will get out of stock and most people there would just choose to stay home than to work. Stocks in Wuhan will really go down and even if they order through online, they can't buy things outside Wuhan because of the lock down. And of course not all stores in Wuhan accept online transaction.  I think they'll either have to buy on themselves to make sure they find foods or be likely to depend on the government for their necessities.
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February 13, 2020, 03:34:20 AM
 #33

In most cases like this, NCOV is spreading in mostly in crowded  places. Then it is best to have some online transactions, online merchants with bitcoin payments. Yeah, it can be a serious problem if we buy foods with infected areas it can be dangerous even with the mask on you can not avoid to think about being infected. And this online payments, online ordering will eventually lessen the worries, will save more people with this new corona virus.
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February 13, 2020, 06:13:10 AM
 #34

In most cases like this, NCOV is spreading in mostly in crowded  places. Then it is best to have some online transactions, online merchants with bitcoin payments. Yeah, it can be a serious problem if we buy foods with infected areas it can be dangerous even with the mask on you can not avoid to think about being infected. And this online payments, online ordering will eventually lessen the worries, will save more people with this new corona virus.
It is a choice to do some of our transactions right now in an online payment or method because it is true that going to different places may be dangerous for us in which it would be a big problem because we may have the virus ncov infected if we go outside just to buy a thing or a food that we want, it would be lessen the outrageous side of infecting some people of ncov virus if we just use digital money by purchasing the things that we want and making transactions online.

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February 13, 2020, 06:14:27 AM
 #35

You are placing me in the wrong box. Go look at my post history and find the posts that indicate that I am one of those people who are using major events to hype Bitcoin use, as you are claiming.  Roll Eyes

I don't need to go there as I remember all your posts and the topics we've discussed
From the fact that you didn't pay your cable tv and got cut out to Brexit and the Chinese new year you're always finding bitcoin as a solution for problems that it can't solve. Don't you remember how it would solve poverty?  Grin

Fortunately for me, I have close friends that are working in the Health industry <Labs & Pathology> and they get frequent updates on the latest news about this virus epidemic, so I am quite informed about the latest things happening with this.


Did your friends tell you what the NCBI says?
Or are your friends better trained than the guys working there?
I'm still waiting for a study of virus transmissions between fomites, there is no conclusive study to date of how this happens if it happens at all.

And please don't avoid my question:

Quote
Would you support a government ban on cash payments if they would use the disease spreading as an excuse?

Ok, you sound like the kind of person that always wants to be right, so let's agree to disagree. I am a problem solver by nature and if I see a problem, I look for innovative solutions to that problem. I sometimes work on contract in Africa and I see lots of people dying from diseases that could have been prevented. <from the spread of the Ebola virus to Malaria etc.>

" The CDC estimates that influenza has resulted in between 9 million – 45 million illnesses, between 140,000 – 810,000 hospitalizations and between 12,000 – 61,000 deaths annually since 2010. " - Source : https://www.cdc.gov/flu/about/burden/index.html  - So we should be just as worried about the complications of the common flu virus, than with COVID-19.  Wink

I am also in the technology field and I love anything related to currencies, so shoot me if I want to find innovative ways to prevent further infection, if Bitcoin can help with that.  Wink

Sorry, if I missed your question : If you also scrutinize my post history, you would also see that I am not very fond of governments <more specifically corrupt governments> - A lot of these governments have hidden agendas and they will look for excuses to boost their hidden agendas. (Example : Bitcoin is used for terrorism and money laundering, so we should ban it) and for that reason I would use my own common sense and decide on my own, if I would support it or not.

I am divided on the issue, because I am a avid coin collector and I would not want to see coins and fiat currencies being banned for the wrong reasons. ( I would much rather want to find a solution to "clean" money or to find a way to prevent infectious diseases to be spread via these objects - some countries use plastic notes and they can be washed, without damaging the notes. )  Wink

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February 13, 2020, 06:44:18 AM
 #36

Ok, you sound like the kind of person that always wants to be right, so let's agree to disagree. I am a problem solver by nature and if I see a problem, I look for innovative solutions to that problem.

Ok, then let me tell you why your solution is flawed

a) even if you use a contactless payment the groceries would already have been touched by the merchant
b) the virtual goods you claim some people buy and will not touch are probably 1/1000 of what is bought with cash right now in Wuhan, what can they even buy with cash that doesn't require touching? Examples?
c) let's assume people in Wuhan and the rest of the area would switch to bitcoin, there are 50 million quarantine in the region if we take the capacity of the network at 400k transaction per day it means that 1% of them would be able to use it if we all choose to stop using bitcoin
d) there is, of course, the LN but it has a tiny flaw, you first need bitcoins, which you must purchase and you create a tx when you do so and there we're back at point c 
e) there is no evidence right now of any transmission though money which can be easily avoided using gloves

So, your solution is maybe solving 1% of the problem which usually means the problem is NOT solved.

Bonus
f) have you considered how much much the virus would spread if 1 million people would go to the ATMs to buy BTC and they all would be touching the same buttons?  Wink


I am also in the technology field and I love anything related to currencies, so shoot me if I want to find innovative ways to prevent further infection, if Bitcoin can help with that.  Wink

What is innovative in a contactless payment?
Bitcoin is not a magical thing that can solve and can be used in any situation, you have to accept that.

It was designed for something and it does those things wonderfully and flawlessly without it being promoted as the savior of everything that moves on this planet.
Also, you have to understand that this continuously push for bitcoin for everything is quite damaging for normal people outside this forum. Continuously hearing that bitcoin can do that can save that you can't live with bitcoin is making them thinking of some sort of snake oil.I've seen this in RL, normal people who don't spend half of their life talking about cryptos are really not buying this, on the contrary they will treat it with far more caution.

And on this forum, you're preaching to the choir anyway!!


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February 13, 2020, 08:25:21 AM
 #37

You maybe right, they shouldn’t be handling cash as it may retain some bacteria and virus that can cause them some serious infections. When you’re making use of WeChat Pay you’re using your phone to do the transaction and you wouldn’t have to make any hand to hand transaction with the recipient or sender. It’s still similar to Bitcoin and I might say that it is faster in some ways.

Bitcoin is still good, I have seen quite a few people that accepts Bitcoin for payment, it’s all about what you like. Paying bitcoin for a digital good still will not involve any human touch whereas anything other than digital good or services may involve human hands which may lead to spread diseases even with bitcoin payments Sad.

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February 13, 2020, 09:24:21 AM
 #38

Ok, you sound like the kind of person that always wants to be right, so let's agree to disagree. I am a problem solver by nature and if I see a problem, I look for innovative solutions to that problem.

Ok, then let me tell you why your solution is flawed

a) even if you use a contactless payment the groceries would already have been touched by the merchant
b) the virtual goods you claim some people buy and will not touch are probably 1/1000 of what is bought with cash right now in Wuhan, what can they even buy with cash that doesn't require touching? Examples?
c) let's assume people in Wuhan and the rest of the area would switch to bitcoin, there are 50 million quarantine in the region if we take the capacity of the network at 400k transaction per day it means that 1% of them would be able to use it if we all choose to stop using bitcoin
d) there is, of course, the LN but it has a tiny flaw, you first need bitcoins, which you must purchase and you create a tx when you do so and there we're back at point c 
e) there is no evidence right now of any transmission though money which can be easily avoided using gloves

So, your solution is maybe solving 1% of the problem which usually means the problem is NOT solved.

Bonus
f) have you considered how much much the virus would spread if 1 million people would go to the ATMs to buy BTC and they all would be touching the same buttons?  Wink


I am also in the technology field and I love anything related to currencies, so shoot me if I want to find innovative ways to prevent further infection, if Bitcoin can help with that.  Wink

What is innovative in a contactless payment?
Bitcoin is not a magical thing that can solve and can be used in any situation, you have to accept that.

It was designed for something and it does those things wonderfully and flawlessly without it being promoted as the savior of everything that moves on this planet.
Also, you have to understand that this continuously push for bitcoin for everything is quite damaging for normal people outside this forum. Continuously hearing that bitcoin can do that can save that you can't live with bitcoin is making them thinking of some sort of snake oil.I've seen this in RL, normal people who don't spend half of their life talking about cryptos are really not buying this, on the contrary they will treat it with far more caution.

And on this forum, you're preaching to the choir anyway!!



Well, to me it is not totally flawed, because I see some scenarios where a different type of handling of products <with gloves> could add more practical preventative solutions to this problem. A lot of the food are cooked at high temperatures, killing the virus and the containers can be pre-wached in Bleach or you could bring your own, if you did not trust the merchant.  Wink

Solving only 1% of the problem, still saves 1% of the lives and any lives saved is a good thing.  Cheesy

Fiat ATM's are just part of the problem. Why would people have to use ATM's if they could buy bitcoins from exchanges via their Bank accounts, like most of us are doing.  Huh

Even using credit cards will not totally solve their problem, because people still need to handle the credit card and the machine.  Wink

I am hoping people who are not on this forum, might use Google and somehow end up on this topic and it might plant the seed for people to start doing this. I was searching for alternative payment options, after I was a victim of credit card fraud and I ended up finding Bitcoin. A friend of mine was looking for a new graphic card and he ended up mining for bitcoins with those graphic cards and now he is filthy rich.  Roll Eyes

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February 13, 2020, 09:35:39 AM
 #39

I actually see that making purchases online will far more help to reduce the spread of the virus because direct delivery is carried out by the courier to the customer's place, the customer does not need to meet with other people who allow the spread of the virus.
When I read a health article then there is no virus that survives in free air, the spread must be through human to human or animal to human, not from object to human, only bacteria can do that.
https://www.healthdirect.gov.au/bacterial-vs-viral-infection

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February 13, 2020, 10:10:26 AM
 #40

I actually see that making purchases online will far more help to reduce the spread of the virus because direct delivery is carried out by the courier to the customer's place, the customer does not need to meet with other people who allow the spread of the virus.
When I read a health article then there is no virus that survives in free air, the spread must be through human to human or animal to human, not from object to human, only bacteria can do that.
https://www.healthdirect.gov.au/bacterial-vs-viral-infection

That is only partialy true. Even when you are buying things online they need to be delivered to you door somehow. A numerous people are included in that process, it's not that only one human is dealing with shipment, so contact with humans is inevitable and you are not fully protected.

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February 13, 2020, 10:29:40 AM
 #41

I actually see that making purchases online will far more help to reduce the spread of the virus because direct delivery is carried out by the courier to the customer's place, the customer does not need to meet with other people who allow the spread of the virus.
When I read a health article then there is no virus that survives in free air, the spread must be through human to human or animal to human, not from object to human, only bacteria can do that.
https://www.healthdirect.gov.au/bacterial-vs-viral-infection

That is only partialy true. Even when you are buying things online they need to be delivered to you door somehow. A numerous people are included in that process, it's not that only one human is dealing with shipment, so contact with humans is inevitable and you are not fully protected.
the Corona Virus cannot stand that long in material things mate meaning the virus will Die while in shipment process ,this only stands longer when in Metal but not longer that 2 hours so basically the risk of being infected is way far from other viruses.
and besides Using antibacterial or Handwashing can prevent us from being Victimized so this means the Corona now are controllable.









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February 13, 2020, 02:41:13 PM
 #42

Physical cash has always been treated as literally dirty. It passes from one person to another for several years. It does not undergo any kind of washing or disinfection. It falls to the ground, it is being handed over by a fish vendor, it is being crumpled down by a public transportation driver, and so on. As a child, I was always advised to wash hands after holding money. It really helps if transactions do not anymore require physical cash.

But, of course, human interaction is not limited to commerce. We are always in the company of other people. Especially in China where the population is thick, it cannot be avoided not to interact with people on a daily basis. Facing them, talking to them, touching them, these are all normal in their daily activities.

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February 13, 2020, 03:15:33 PM
Last edit: February 13, 2020, 03:30:05 PM by redsun114
 #43

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.
Good perspective. I appreciate. But, you have missed the point of "for what people are paying with bitcoin". I mean to say you are 101% right when people eat digital things and wear digital clothes and not needing anything in physical, lol.

Physical cash has always been treated as literally dirty.
In my culture, we religiously believe that gold and money cannot be dirtied nor sinned. They are all always pure and belong to God. I agree it is not a scientific approach but we believe into that sense because it can save life and it can feed women, children and old ages. I mean to say unlike have mentioned it is not physical cash is treated dirty everywhere, there are people, they do see it as a form of noble.

What OP is referring has nothing to do with your statement of "treated dirty". OP is all about infection whereas you are talking about tidy and cleanliness. Yes, all dirty thing does not need to be infected by harmful virus and bacteria.

Simply I want to say, please do not use words which are not respect to money. Without money, we cannot be doing what we do today. (This is the reason we worship it similar to God).

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February 13, 2020, 03:33:00 PM
 #44

Physical cash has always been treated as literally dirty. It passes from one person to another for several years. It does not undergo any kind of washing or disinfection. It falls to the ground, it is being handed over by a fish vendor, it is being crumpled down by a public transportation driver, and so on. As a child, I was always advised to wash hands after holding money. It really helps if transactions do not anymore require physical cash.

But, of course, human interaction is not limited to commerce. We are always in the company of other people. Especially in China where the population is thick, it cannot be avoided not to interact with people on a daily basis. Facing them, talking to them, touching them, these are all normal in their daily activities.

We all know paper currency aren't washable so don't expect that it will be clean and safe to transfer from one person to another. There is a solution for that and that's by using disinfection after doing some transactions with real money. It went to a thousand hands or people so the virus or bacteria there are combined for how many years so it is not only Corona Virus that can get you sick. Personal hygiene is important anytime and anywhere you go so always bring hand sanitizer. That's the importance of digital currency, you can have transaction without literally having exchange with fiat currency. That's why most of the country are safe while using cryptocurrency and they don't experience and problem or conflict having transaction.
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February 15, 2020, 01:24:32 AM
 #45

Well, this is one of the benefits of of using digital currency. However, some obstacles are still there, moreover in relation to the regulation of each country.
Many countries still don't legalize cryptocurrency as the payment method (some only legalize as the digital asset). If this really happen, the bank will make stricter rules and regulation again. For, of course, the country will not lose the financial system overpowered by Bitcoin.
The government will prefer to create their own digital money system as a payment method than legalizing Bitcoin.

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February 15, 2020, 03:46:17 PM
 #46

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

I don't really think that the coronavirus is transmitted via touching paper money,coins or anything else.
It's transmitted via air and moisture.Even if its was transmitted via touching paper money,you can see that people all over China are using gloves now.Switching from fiat money to digital money will lead to more people using Wechat Pay(like you mentioned) because it's more convenient than BTC.Very few merhcants and buyers might switch to Bitcoin or any other altcoin.
moist air can be on paper money especially in some places that have a high relative humidity. Transmission of the body fluids e.g sweat to the money is very possible. Although the probability of being transmitted through money is really small but if we consider how dangerous this virus is, I think it is more reasonable to be using electronic payment methods. I still remember those period of ebola crisis in Nigeria, It was like everyone is going to die especially in some densely populated cities like lagos. I pray the vaccines for corona virus is developed soon, so that China can be free of this endemic
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February 15, 2020, 10:56:38 PM
Last edit: February 17, 2020, 01:00:17 PM by Mumbeeptind1963
 #47

moist air can be on paper money especially in some places that have a high relative humidity. Transmission of the body fluids e.g sweat to the money is very possible. Although the probability of being transmitted through money is really small but if we consider how dangerous this virus is, I think it is more reasonable to be using electronic payment methods. I still remember those period of ebola crisis in Nigeria, It was like everyone is going to die especially in some densely populated cities like lagos. I pray the vaccines for corona virus is developed soon, so that China can be free of this endemic
For me yes not only bitcoin but some of cryptocurrency because when you have any of them especially bitcoin it can give you huge profit when its value strike up. That why many people are wanting to have bitcoin, but unfortunately bitcoin is only limited stock thats why some people trying other crypto which also can help them through their financial. For me having a bitcoin there is a chance you might have a good living and really help you financially.

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February 15, 2020, 11:37:53 PM
 #48

Paper money and coins have become one of the media spreading viruses. Actually this can be overcome if users can and are more concerned about cleanliness. But this is a plague so it's hard to avoid it. Seeing this case, emoney and cryptocurrency can be the most effective alternative to break the chain of the spread of the virus so that the outbreak is not widespread. See? technological development provides more benefits for humans. Let's be more caring and open about this and don't just focus on the negative side.

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February 15, 2020, 11:56:33 PM
 #49

Not only can Bitcoin save some people's lives, but it can also save the present generation and the one to come from financial hardness.  Many use cases have established themselves across the world like BTC ATM machine, online shopping etc all without any third party interference.

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February 16, 2020, 12:37:33 AM
 #50

Yeah agree for that many people save their lives especially in financial problems. And I believe also that many are believing that bitcoin can give us good life I remember when I first heard about bitcoin I would like to invest that time but its hard to say that time I have no enough money to buy bitcoin. But now I'm willing to earn money so that I can buy bitcoin to hold in long term.
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February 16, 2020, 01:05:28 AM
 #51

If you linking bitcoin to the Wuhan virus I suppose it can, which explains why those guys there are using robots to serve customers or dispense meds all in an effort to avoid human contact and spread of the virus.


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February 16, 2020, 02:43:52 AM
 #52

Bitcoin can save some people's lives. Yes, thats right. Special it’s very harmful for a students. Students can earn some btc for her poket Money     

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February 16, 2020, 09:48:45 AM
 #53

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink
Your idea is great especially that we are facing this kind of situation where anyone can be infected easily by just receiving the fiat payment. If we will just use our cellphones and we will use digital payment then we can lessen the chance to be infected by other people who have the virus.

This is the right time for the infected area to use this kind of payment even if they will not use bitcoin as long as they will stay away from fiat payment as of the moment. And they can just resume the usage of fiat once they will be virus free already.

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February 16, 2020, 10:20:47 AM
 #54

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

This is a strange reason because even when paying with Bitcoin you will use a physical payment medium like a card, phone, etc. However, there is truth in your words, it's better than fiat
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February 16, 2020, 10:57:41 AM
 #55

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

Following your logic, the world should become like the world in the movie Demolition Man. There, because of the fear of disease, people refused to shake hands, use paper money and etc. I agree that online payments are the future, but your reason why people should refuse fiat money looks ridiculous
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February 16, 2020, 12:23:08 PM
 #56

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

Following your logic, the world should become like the world in the movie Demolition Man. There, because of the fear of disease, people refused to shake hands, use paper money and etc. I agree that online payments are the future, but your reason why people should refuse fiat money looks ridiculous
I think yes bitcoin can save people lives by financial because it can get here an extra income and support you financially. But still its better to have permanent work than depend on it because it is still not yet accessible to used and not convenience to used in any store especially when you buying becuase bitcoin can used only when there's internet, also bitcoin is good to used for easy transaction so when someone want to transfer money then they will used bitcoin.

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February 16, 2020, 12:23:11 PM
 #57

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink
Your idea is great especially that we are facing this kind of situation where anyone can be infected easily by just receiving the fiat payment. If we will just use our cellphones and we will use digital payment then we can lessen the chance to be infected by other people who have the virus.

This is the right time for the infected area to use this kind of payment even if they will not use bitcoin as long as they will stay away from fiat payment as of the moment. And they can just resume the usage of fiat once they will be virus free already.

One of the fastest-growing transactions today is with the use of cryptocurrency many people would like to join into world of cryptocurrency and most of the time we want to earn more with the help of it. Now many people getting rich because of cryptocurrency because they have enough capability to learn more things and to be a high skills related to the world of crypto. One of the largest problem today of the people is the virus we called "Corona Virus" this is just a new virus and many people getting affected on it and today with the use of bitcoin the highest profitable market in the world of crypto we can use this to donate to the people who are affected of the virus we can give them a lot of mask, foods, and also clothes because some of them does not have enough time to take all the things they need because of the outbreak happen. With the use of cryptocurrency, we can convert our funds into the fiat currency so it is easier to transfer money than the use of crypto because some of the countries now does not support the use of it.

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February 16, 2020, 12:44:49 PM
 #58

Good point, with online payments the lesser chances of getting infected because you don’t need to use or have contact with paper money that carries the virus or germs and aside from that online payments is more convenient and fast compared to using the paper currency. I know some merchants and now accepting bitcoin and it is only a matter of time for others to adopt.
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February 16, 2020, 01:31:40 PM
 #59

Good point, with online payments the lesser chances of getting infected because you don’t need to use or have contact with paper money that carries the virus or germs and aside from that online payments is more convenient and fast compared to using the paper currency. I know some merchants and now accepting bitcoin and it is only a matter of time for others to adopt.
I think transactions using digital currencies can indeed be like that but it can only be applied when you buy something that has a digital form because if you buy in physical form and package it to you and the sender is infected with a virus then when the package you receive has the potential to be affected viruses also remain cautious when you make transactions in packages from other countries.

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February 16, 2020, 01:35:29 PM
 #60

Some time ago they did a research in my country about the cash money
They found many substances, including feces, yes feces in the money we use on a daily basis.
Can you imagine picking that money, paying, and put your hands on your food?

So I think this is one of the reasons online payments are good

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February 16, 2020, 05:46:54 PM
 #61

Also I do think people won't be able to get out of their houses but at the same time they cannot just stop making money , because they have a family to support therefore I do think one can start trading in cryptocurrencies and other things so that they can safely help their families and at the same time prevent risking their own lives .
At the same time there are people who government have deemed untouchable , they can even work , till they are healthy ofcourse I do think it's an amazing aid .

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February 16, 2020, 08:34:18 PM
 #62

Another corona virus panic thread...

The mortality rate of this virus is between 1 and 2% which is still very low. The mortality rate of Ebola is 90% and this virus is still active. I remember reading about new cases in early 2020, before this corona panic fueled by the media.
Nobody is going to care about transmission through money or sneezing since many people can be carriers without ever developing symptoms. Read about it, that's the truth. How are you going to protect yourself from people who look fine but are carrying and spreading the virus without even knowing it?
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February 16, 2020, 10:11:52 PM
 #63

~

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink
In theory it is indeed very effective in preventing the spread of the virus quickly. But the fact is, cash is more effective and faster to use for payments, without time off and not dependent on the internet. Imagine, it would be difficult if it was implemented in remote places and traditional markets where internet access is difficult. Is not it?
There are other ways that are more effective and easy to implement to cut the spread of the virus, namely, provide education about the importance of maintaining cleanliness by the local service, implementing a healthy lifestyle, etc.

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February 16, 2020, 10:51:37 PM
 #64

In China, payment platforms are being used frequently since it's very essential than bringing the whole bag of money when buying goods. In some malls here in Philippines that adapted that method, most of the stalls accept PayPal, Wechat Pay, Alipay, and Gcash.

So imagine, if those payment methods were replaced by Bitcoin, then it's more necessary since most of the people now are aware that cryptocurrency is more reliable to make a profit.
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February 16, 2020, 11:59:38 PM
 #65

OP basically only give an example how to describe the easiest way to using electronic money than physical money and i think China already have done it before that their citizen using electronic money to made transactions and they were slightly can be called as cashless society but with the current development of bitcoin i highly doubt bitcoin can became new solution for cashless society because bitcoin is too controversial for some countries
I am not a fan of a complete cashless society and the Chinese situation right now is that they want to have more control by implementing a blockchain to all these digital platform and thereby they can monitor all the cash flow and that is what i am expecting to happen globally in the next twenty years. Not sure whether any corrupted government will move to a public blockchain as their corruption will be available to the public, but we will see many changes in the next decade.
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February 17, 2020, 09:06:22 AM
 #66

In China, payment platforms are being used frequently since it's very essential than bringing the whole bag of money when buying goods. In some malls here in Philippines that adapted that method, most of the stalls accept PayPal, Wechat Pay, Alipay, and Gcash.

So imagine, if those payment methods were replaced by Bitcoin, then it's more necessary since most of the people now are aware that cryptocurrency is more reliable to make a profit.

You cannot simply replace it, if you cannot find a reason for people to swap to it. I think from previous discussions on this topic, a lot of people agree that Bitcoin are a better store of value than most of these Fiat based centralized payment options. People will only understand why centralized payment options are bad, if you explain it to them. <How many of you are highlighting the dangers of centralized payment systems??

Also, Bitcoin will have to compete with the speed of these other payment options and I can tell you from experience that most of these other payment options are a lot faster than Bitcoin. We will have to switch them to the Lightning Network payment options and then these people will have to run a Lightning network hub.  Roll Eyes

Bitcoin payment will also require the merchants to use a QR code for the Bitcoin payments to make payments faster.. like they use with Wechat Pay.  Roll Eyes

My solution to this virus problem should be targeted to people who are not using these other payment options or some of them who wants a currency that can actually store the value of their wealth or even increasing it.  Wink


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February 17, 2020, 11:36:28 AM
 #67

Not necessarily Bitcoin. People may choose any digital mode of payment if it is their health which is your concern, since what they are trying to avoid is physical contact with other people. And more likely, they would choose those of which is being widely used by some countries over bitcoin because of the market price stability. If they are not into profit, converting their money into crypto or Bitcoin perhaps, would turn it into an investment and since the market prices are naturally volatile, there are chances for profit loss which is a downside given that we are talking about a "crisis", and they cannot and also won't have time to wait for the prices to go up before they would fully make use of their money without hesitations.
Bitcoin can make people die suddenly when seeing bitcoin price down to lower price, how many people looks frustrated after buying bitcoin in higher price about $16k and what situation when seeing bitcoin right now down, will be side to make some one die suddenly when not ready with bitcoin going down.
Frustration will really exist and that won't be necessary for them knowing that they are in times of difficulties. So maybe, converting their money into Bitcoin will not be beneficial at the moment.
I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

This has a point somehow and aside from it will probably avoid possible transmission of virus it will make every transaction much faster than when paying using cash. However, in the case of China, they limit the use of crypto or bitcoin  that is why it is not sure if their government will allow the use use of it as a currency.
Avoidance of physical interaction is just a narrow angle with regards to this case.
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February 17, 2020, 03:40:15 PM
 #68

There is a misunderstanding OP, Corona virus can easily transmitted from persons through other more ways, so it does not mean that Bitcoin or  crypto payment in general can save people from this virus. Furthermore, it is certain that online payment through btc is more better than physical cash due to we are living in the era of technology. In fact, the crypto payment will probably achieve and widespread when the global recognization of Btc occurs as a legal currency. It may happen after many years I would guess but not in the near future.
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February 17, 2020, 05:40:16 PM
 #69

Paper money and coins has been known to carry viruses like Norovirus, Hepatitis A virus, Rotavirus. Virus can survive well on coins.
Great idea to adopt digital payment like bitcoin.

This is definitely true and this viruses could take lots of lives and that's the advantage of using electronic transactions through digital currencies. As we all know, cryptocurrency is multifunctional and it could play a vital role in different chaotic circumstances. I just hope that more merchants and huge businesses would use an electronic payment method to avoid physical transactions which could put our health at risk.
For me, as of now, the digital transaction is really a good idea ever since I knew about it, these viruses you have stated might support it. I can say that there are lots of viruses everywhere and physical contact with anyone is dangerous because just like what is happening right now, coronavirus is a global threat since it is spreading fast. That is why maybe you are saying that electronic transaction is better as of now and I am also agreeing with that.
There is a misunderstanding OP, Corona virus can easily transmitted from persons through other more ways, so it does not mean that Bitcoin or  crypto payment in general can save people from this virus. Furthermore, it is certain that online payment through btc is more better than physical cash due to we are living in the era of technology. In fact, the crypto payment will probably achieve and widespread when the global recognization of Btc occurs as a legal currency. It may happen after many years I would guess but not in the near future.
Definitely, the idea is that bitcoin can really save people's lives not only with these transactions because in my own opinion, but BTC is also a great help to infected people especially to those countries that are infected by that particular virus. That is why I am thinking that BTC can really help people with that. In this forum, there are lots of people who are donating with some charities to help others, I think that is the idea of this subject.

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February 18, 2020, 06:37:56 AM
Last edit: February 18, 2020, 10:01:45 AM by TheUltraElite
 #70

Bitcoin can make people die suddenly when seeing bitcoin price down to lower price, how many people looks frustrated after buying bitcoin in higher price about $16k and what situation when seeing bitcoin right now down, will be side to make some one die suddenly when not ready with bitcoin going down.
Actually you are having a biased opinion here. Both fiat and bitcoin can be the cause of lives but to what extent cannot be verified yet. People lose money become sick but let's keep it to just money and not specific modes of payments because no such research has been done yet to examine the effects bitcoin has or fiat does not and also vice versa.

A certain virus being incriminated to be a cause of death mediated by fiat, is too much a paid variety of news to upstroke bitcoin which is not fair in terms of fiat's side too. You have to understand both sides of the story. Embarrassed

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February 18, 2020, 08:29:10 AM
 #71

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink
Lol, you should have just said that they should switch to accepting online payment. I heard that a lot of people have chosen to be working from home instead of going to work there, but it’s not every work that can be done from home so most of them will still have to go to work and find ways to protect themselves from getting affected.

I am seriously hoping that they find a way to stop this once and for all. And yes they should be making use of electronic money right now like Bitcoin as that would help them not to regularly be in contact with cash and stay safe.
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February 18, 2020, 04:05:05 PM
 #72

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink
I agree most specially right now where virus outbreak is very evident among many countries in the world. With the use of cryptocurrency, we can have less contact toward each other every time we make a payment which will eventually lead to the prevention of much spreading of virus. Imagine how many lives can be saved, even a country actually. We need to consider such back up plans in order for us to survive this world which is full of chaos for the past few months. We can also improve the economy of some countries while curing Corona virus.

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February 18, 2020, 04:17:51 PM
 #73

In my opinion this is possible, but if we look at China in the present case, we can see that there is in fact a horrible shape that the electronic payment method in my opinion can be a good medium to prevent that diseaseThe probability of spreading human diseases is very low, and this is what I found out on YouTube yesterday that people are actually using different types of electronic currencies in their countryBecause of the currency, I have no possibility of spreading any kind of germs as compared to the fiat currencies prevalent in all markets   ☺️☺️

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February 18, 2020, 10:39:49 PM
 #74

As much as this sounds easy, there are still alot of limitations that will hinder this process, one being that many people are still not familiar with the use of digital currency, so it won't be easy for such people to know the right sat to charge or how to even transaction with such a volatile currency,
The acceptance is where the problem lies.
Yes, acceptance is the problem for bitcoin but in the current era the use of digital currencies has become part of the lifestyle of most people, because in this era any transaction can be done with digital or electronic payments, so I'm not sure if there are still many people in the world who don't know how to use this kind of thing.

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February 18, 2020, 10:55:58 PM
 #75

@Kakmakr, your initiative is great and mentality is awesome, but it's all about China and their control and whatsoever will happen, they can't and won't let their power slip out of their hands into a digital asset which cannot even be touched. Your thinking is quite different and impressive about BTC and how it could save lives, but they'd not prefer to pay fees in BTC instead of trying to save a lot these days knowing the fact that all types of businesses in China are stalled and they are yet to face the worst - after coming out of Corona virus.

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February 19, 2020, 01:55:44 AM
 #76

In my opinion this is possible, but if we look at China in the present case, we can see that there is in fact a horrible shape that the electronic payment method in my opinion can be a good medium to prevent that disease.

Why is that? China is one of the most powerful country to date. What they are doing is natural action towards an active disease. OPs idea is great but somehow government will likely to halt such process where chances of being affected still on. Even though the physical touches would be gone. Indeed there will be always a point to consider.

As much as this sounds easy, there are still alot of limitations that will hinder this process, one being that many people are still not familiar with the use of digital currency.

One of the potential reason. We cant assume all can use or manage this level onf tech or inteligence on Chinese premises. Not all can easily use digital as if all of them have the chance to experience. Isnt it? So chances are atill off.

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February 19, 2020, 02:53:23 AM
 #77

I don't even think that way, it's also true that excess transactions using bitcoin we don't need physical contact. So it can prevent
transmission of disease, this is indeed a plausible reason why we should use it immediately bitcoin as payment. Hopefully those
who refuse bitcoin can realize this and be open minded. And in the end bitcoin can become a global currency.

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February 19, 2020, 10:22:01 AM
 #78

I think the transaction is safe, but I think the Coronavirus can still spread through goods, food, and so on. Well, I've seen the news about it. however, if this is only a donation, it can be done using digital money like bitcoin. however, I feel that dealing with physical goods requires special attention at this time.
It can spread through any stuff if it has contact with an infected person. To keep safe from this scenario, it is better not to use anything coming from them.

It was said that it could also a big help to use online transaction or any cashless mode of transactions can be right but I don't think that crypto gives some shot to them knowing that China is against crypto. I know we'd love to give some donation for them but somehow may our help could be just rejected in a way that China is not looking for any help (in my opinion). They have a lot of money to fund and medical facilities to cater to their people, may the best help we could do for them is a prayer and not letting this virus could spread to the other country.

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FaithInCrypto
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February 19, 2020, 10:56:18 AM
 #79

I've been using cashless transactions lately and it is very convenient. I just worry sometimes that the system might fail so I won't be able to purchase anything, LOL! Anyway, I think cashless transactions really helps to avoid or prevent viruses from spreading so it is a great advantage if everyone uses cashless transactions and it will be better is Bitcoin is really one of the options.

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February 20, 2020, 12:51:01 AM
 #80

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink
Yeah, it's true! The current infection tend us to use crypto or any form of electronic payment for doing transactions. But then again, until when? That's the sad reality mate, what if that reason gone, I mean the epidemic to be more specific? Of course people still go back to fiat because it was already set on their mind that it was their preference. I don't want to become the pessimistic here but I think we will never achieved crypto revolution as long as there is one who is against or at least not willing to use it Sad.
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February 23, 2020, 02:13:27 PM
 #81

That's right there are many lives that is saved by bitcoin. there are donation sites that will go through different charities that will be truly helpful to others, and online payments is one of it's pros like in wuhan china, there are a huge risk to acquire the disease by touching the money that has been exposed to the virus, and i also watched that there are some scumbags that are intentionally spreading the disease by spitting everywhere, like in the groceries, the buttons of the elevator, there are special place in hell for them.
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February 23, 2020, 11:47:55 PM
 #82

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

This has a point, maybe fiat currency was very prone to viruses and infections that is why online payment was booming. Aside from fast transactions we can encorporate our crypto to it making us more free to pay in digital currency or in crypto currency. it is happening today big companies are starting to accept crypto as a form of payment and thia waa a good sign for crypto ecosystem.
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February 24, 2020, 12:02:24 PM
 #83

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

You have a point here,  maybe in the future this suggestion can be used it will keep people safe from transmissions of any viral diseases because this is not going to be the first one that is going to happen, many new virus that are more viral and contagious that could come out in the future and this is a good options to trade commodities and cash.

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February 24, 2020, 06:51:37 PM
 #84

You do know that it is not every location that will be making use of online payment. There are places that might be too local and not accepting such types of payment.

Just like in my country, you will only be able to make use of advanced payment like debit cards, mobile banking and others in big cities only. That’s where you will see big supermarkets and fast foods and the rest of them that allows you to make payment using your debit cards, mobile transfer or even PayPal (people don’t use Bitcoin yet). But in local places, nobody is ready for such, they will only accept cash from you and nothing else.
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February 25, 2020, 07:24:52 AM
 #85

I can tell you that with BTCitcoin I make my purchases through the points of sale in supermarkets and I do it after I exchanged them to Fiat. Literally! I imagine that it works with most of our community.
I think that the day we can pay freely with Bitcoin and other cryptocurrencies are near. The idea is good that Bitcoin can save some lives in relation to the Chinese community that is fighting with the Coronavirus.

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February 25, 2020, 07:36:36 AM
 #86

I think this should be make as an attention for thosw people in wuhan. I heard some news also that there is people who wash the money because he is affraid will be exposed by corona virus. I think bitcoin and another altcoin can be use as payment system at this time. The government shouldn't be limited the utilization of payment system tool, at least this thing will help some people there. Also, I just hope that this virus is not spread to all country, I heard a few days ago that this virus has came to Europe i.e Italy.
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February 25, 2020, 07:56:07 AM
 #87

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

This is actually a good idea because with all the realizations from the present virus, people are now in extra careful and cautious in prioritizing their health. Electronic payment is advantageous since it is less hassle especially for busy people, saves time and effort, and most of all, can reduce the risk of being exposed to viruses which can be transmitted from object to person.

This will result however in putting pressure in banks or any payment system to accept crypto especially in small-scale businesses. I also think that if this is the case for China, then, the use of crypto can decline if the reason for its use is gone (when the virus is completely gone). But if the people learned from that experience, then little by little, the emergence of bitcoin will continue as long as it will be carefully monitored and observed.

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February 25, 2020, 09:21:17 AM
 #88

I can tell you that with BTCitcoin I make my purchases through the points of sale in supermarkets and I do it after I exchanged them to Fiat. Literally! I imagine that it works with most of our community.
I think that the day we can pay freely with Bitcoin and other cryptocurrencies are near. The idea is good that Bitcoin can save some lives in relation to the Chinese community that is fighting with the Coronavirus.

actually not only bitcoin and other cryptocurrencies because there are other online payments that can be used.
the only advantage of Bitcoin is the volatility in which the value may increase in future.
I've been using cashless transactions lately and it is very convenient. I just worry sometimes that the system might fail so I won't be able to purchase anything, LOL! Anyway, I think cashless transactions really helps to avoid or prevent viruses from spreading so it is a great advantage if everyone uses cashless transactions and it will be better is Bitcoin is really one of the options.
things may happen of course because this is only internet based and trouble might come in instance but at least it can be fixed easily and maintenance is more convenient when it comes to computer system than man power.

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February 25, 2020, 10:36:14 AM
 #89

The world is seriously moving into technology to reduced some stress of carrying physical cash with a high risk, hence in times of china current situation of corona virus that is spread from body contact, i think the best way is to stay at home and make an electronic payment with bitcoin for goods and services delivery at home, with that method, bitcoin has play a good role.
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February 25, 2020, 01:52:01 PM
 #90

That's right there are many lives that is saved by bitcoin. there are donation sites that will go through different charities that will be truly helpful to others, and online payments is one of it's pros like in wuhan china, there are a huge risk to acquire the disease by touching the money that has been exposed to the virus, and i also watched that there are some scumbags that are intentionally spreading the disease by spitting everywhere, like in the groceries, the buttons of the elevator, there are special place in hell for them.

Well this isn't really directly connected to the spread of Corona, but I even see some people here donating Bitcoin to those who needs it like in one of the threads I've read here in reporting users spamming.
The point is we really need people to get into crypto as much as possible before the supply even depletes in case there will be many whales that are gonna arrive, so that it wouldn't just increase the demand of the coin as well as its price but also we can have wider reach to everybody around the globe.
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March 04, 2020, 04:05:23 AM
 #91

The world is seriously moving into technology to reduced some stress of carrying physical cash with a high risk, hence in times of china current situation of corona virus that is spread from body contact, i think the best way is to stay at home and make an electronic payment with bitcoin for goods and services delivery at home, with that method, bitcoin has play a good role.
You won't be able to go complete every daily necessities with the crypto payments, that is if you are lucky enough to have those type of payment systems where you live. So in a way this develops more panic about the virus outbreak. Better to stay careful yourself and wait it out than being delusional and devloping more panic about the situation.

Do go out and not stay completely at home during this time unless you are very scared. More people become sick of panic than disease.

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March 04, 2020, 01:06:22 PM
 #92

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >
I saw some pictures of the people in China that are using Wechat Pay and guess note, there are also beggars too that are using it instead of coins or bills Cheesy. Kind of awkward but if that is true then...... I don't know Cheesy.

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.
If a community are convenient enough in using a specific thing then they will just stick in using it. In this case, they are using Wechat Pay and Bitcoin isn't related there so instead of Bitcoin they will just use Wechat Pay for some reasons like faster speed and lesser fees. If there are merchants who are accepting Bitcoin or other crypto in China then good.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink
At this moment, fiat currency such as bills and coins can be a great transmitter of virus right now. The host will just cough the coin or bill in a secret place then will give it to other people so using E-payment right now that they are facing a huge problem is a good move to lessen the transmission of virus.

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March 04, 2020, 01:29:07 PM
 #93

I actually see that making purchases online will far more help to reduce the spread of the virus because direct delivery is carried out by the courier to the customer's place, the customer does not need to meet with other people who allow the spread of the virus.
When I read a health article then there is no virus that survives in free air, the spread must be through human to human or animal to human, not from object to human, only bacteria can do that.
https://www.healthdirect.gov.au/bacterial-vs-viral-infection

That is only partialy true. Even when you are buying things online they need to be delivered to you door somehow. A numerous people are included in that process, it's not that only one human is dealing with shipment, so contact with humans is inevitable and you are not fully protected.
I watched a video clip of robot distributing good in wuhan to avoid human to human contact I believed this another way to fight the disease when an online payment is made a robot would deliver the goods as such minimal contact would be made thus a very effective method of contailing or fighting the covid-19 virus.

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March 04, 2020, 02:08:45 PM
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Quote
People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

It is a wise action to atleast lessen contact to other people to prevent spreading of the virus. Because the truth is, it is only applicable in the city or in a limited place. In a province, there are no stores that has online payment or especially bitcoin and in the city there are still some stores who are not accepting online payment.

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March 04, 2020, 02:25:38 PM
 #95

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

Tangible money is really one of the reason for the spread of different viruses. Since it is handed down from person to person, it can be the cause of a disease specifically COVID-19 which has that mode of transfer. Aside from that, moving from place to place and buying goods and availing services can expose us to germs and viruses. So, to counter it, electronic payment existed. It is cheaper, less hassle, and more convenient. With the situation in China, this method is very effective because the caution instilled on people could drive them to dive into this method. Tangible money is put aside and e-payments come in. People can soon realize that there is also a cryptocurrency which can also be used as a method for transaction even in the food industry and others. The disadvantage here is that, if the virus is gone and of course, tangible money cannot be totally neglected, there would be less attention on electronic payments and moreover on Bitcoin. I say, the bank cannot let this situation go because they would be very much affected. So only time and the application of Bitcoin will tell how the world can adapt to crisis such as COVID-19 with cryptocurrency.

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March 04, 2020, 02:29:59 PM
 #96

Quote
People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

It is a wise action to atleast lessen contact to other people to prevent spreading of the virus. Because the truth is, it is only applicable in the city or in a limited place. In a province, there are no stores that has online payment or especially bitcoin and in the city there are still some stores who are not accepting online payment.

depends on the country  . there are country that ban btc and cryptos were you cannot totally use or have access to them but if a country allow cryptos  , you can alway find a store that accept cryptos wether your living on a province or on a city .

 i am living on a province now  but there are store here that are crypto friendly   but i prefer to transact online because of the virus scare now  . on our place people are also scare to go out and people are now wearing masks just to avoid possible infection   .
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March 04, 2020, 03:58:19 PM
 #97

Cash and other forms of payment can be harm to our health this is because germs and viruses can be transmitted using the cash that circulating. That's why much better now to use digital currency or crypto currency because we don't need to have actually contact in payment and also we dont need to go out to pay our bills because we can also use crypto currency to pay our bills like internet, electricity, and water bills.
This is why we can use online payment for the meantime since as been said corona virus is really spreading even in paper bills has it's virus. Also by having this payment system online it helps us to ease time, less hassle and fast transaction. Yes this is the best way to use payment online and bitcoin could help people lives through these kind of system.
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March 04, 2020, 05:20:03 PM
 #98

In my opinion, fiat has its cashless payments too don’t you think? I think that Bitcoin being able to lessen the transmission of diseases is not that significant. I would try to think it on the other way. For instance you and some person you travelled along with to a foreign country would seek medical help but the cash you have in hand were limited to the local currency you had brought were commonly you didn’t convert that much to cover the said expenses then Bitcoin might just be a thing. Though there are also other possible scenarios which you can use Bitcoin like the previous example that I had given.



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Rainbot
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March 04, 2020, 05:50:36 PM
 #99

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink
Well its one of the advantage on such innovation when it comes to e-transactions but im not really that expecting much for bitcoin to have place
yet e-fiat transactions been already happening it isnt just been focused nor utilized into market and yet people would simply still stick to traditional
paper or fiat transactions and for now stopping or making people switch to e-payments would still be debatable unless if it would be strictly implemented
by the government on such place or country then it would be nice to have.
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March 04, 2020, 07:46:17 PM
 #100

But because my country doesn't allow bitcoin as payment, I use digital transactions like that
mobile banking and internet banking to buy all my necessities of life. No doubt, that's what happened, other than that the effects of the epidemic have caused the market for some people who use bitcoin as a hedge, very similar to gold, even Bitcoin if it can save every life when, because this is instant money that can be used from anywhere in the world, the problem is a world-class virus, the numbers handled by the news are not real, I think the real numbers are surprising, the Bitcoin market is happening is seen with more volume, Small people's investment can be reflected every day. At first, I also thought that this was too much that this coronavirus could survive on paper money, so I did a little research.
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March 04, 2020, 09:03:55 PM
 #101

Paper money and coins are a medium for spreading viruses and bacteria, it will be exacerbated if a person does not adopt a healthy lifestyle and maintain cleanliness. The existence of digital money and crypto does help to cut the chain of spread of viruses and bacteria through direct contact with physical money, and yes it can save the lives of many people.
But, the use of money in traditional markets especially in rural and remote areas is still in the conventional system that uses direct contact. So, counseling about hygiene and a healthy lifestyle would be more effective I think to provide education and reduce the spread of viruses and bacteria.
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March 05, 2020, 04:44:26 PM
 #102

True meehn, cryptocurrency can go a long way to help but I don’t think that’s still possible now for China because a lot of people in are making use of WeChat Pay and other platforms that are very popular there.

It will be difficult for Bitcoin to replace those payment methods because they are already very popular there. And moreover they are offering the same services that Bitcoin will offer, except in terms of fees, Bitcoin might possibly be better in terms fees and have a lower fees compared to those other platforms or maybe not. But in my country it’s not like that, there are lots of platforms are way more cheap than Bitcoin when it comes transactions fees.
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March 06, 2020, 09:09:12 AM
 #103

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

Online payment are being adopted in different country and it could really save people from getting infected on different virus that can be pass through physical contact such as the latest virus, corona virus. The only downside of using online payment is when you misclick or send the money to other addresses. You cannot retrieve your money.

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March 06, 2020, 09:22:25 AM
 #104

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

Online payment are being adopted in different country and it could really save people from getting infected on different virus that can be pass through physical contact such as the latest virus, corona virus. The only downside of using online payment is when you misclick or send the money to other addresses. You cannot retrieve your money.
Yeah, but for now we cannot point out this downside of the fiat as still it is more efficient than digital payment. Just earlier I went to mall and bought a slipper, just a slipper but it took almost 5mins for my e-wallet to approve the request made the merchant and it is annoying. I thought to myself, I could go with my fiat and finish the bill within5 to 10 seconds unlike buying digitally. Although it looks like very futuristic indeed, we still have much to improve with what is on the crypto/online payment now.
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March 06, 2020, 09:54:55 AM
 #105

Innovatively, such a payment might sound very good, maybe it can lead us away from germs or viruses that are in coins or paper.
Before we think there, we need to know that the price of Bitcoin or other Altcoin has a high fluctuation, so if someone requires using such online payments, surely that person must buy Bitcoin or Altcoin in advance to make that payment.
And when over time the price of Crypto has decreased, would not it give a loss and might be able to make people stressed because the estimated value of their assets is reduced.

The innovation is not easy to apply, of course, the local government has taken into account all the possibilities that will occur.
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March 06, 2020, 11:36:37 AM
 #106

I watched a Youtube video last night about the food merchants in some of the markets in Wuhan <China> and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >

Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.

People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.

This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.  Wink

I don't really think that the coronavirus is transmitted via touching paper money,coins or anything else.
It's transmitted via air and moisture.Even if its was transmitted via touching paper money,you can see that people all over China are using gloves now.Switching from fiat money to digital money will lead to more people using Wechat Pay(like you mentioned) because it's more convenient than BTC.Very few merhcants and buyers might switch to Bitcoin or any other altcoin.

As far as i know germs can be easily transmitted through our hands since we touch things through our hands. According to the world health organization paper money can help covid 19 spread through money ( https://www.google.com/amp/s/fox59.com/news/coronavirus/world-health-organization-says-contaminated-money-may-have-helped-coronavirus-spread/amp/ ) so online payment is very helpful. But I think adopting bitcoin as a mode of payment for our daily expenses is not that easy and possible since there are governments that are againts in crypto.

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March 10, 2020, 12:39:45 AM
 #107


I have seen some contradictory information regarding the probability of transmission of the corona virus by means of tickets. Some claim that if it can be transmitted by this means, gold believes that it is not, although the bills can certainly be carriers of a large number of bacteria and microorganisms.
What is true is that digital transactions reduce the likelihood of contagion as there is no direct contact between people, and cryptocurrencies play a very important role here.
Other elements to consider, especially with the advancement of digitization, is that computer keyboards and cell phones are media where a large number of microorganisms and bacteria live, and should be cleaned frequently. One of the recommendations is to use disposable antibacterial towels or a mixture of 50% alcohol and 50% water applied with a towel.
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