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Author Topic: Bitcoin can save some people's lives :->  (Read 918 times)
jumail
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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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