Bitcoin can save some people's lives :->

[fiulpro]

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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[pixie85]

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?

[gundala]

~

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. 

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.

[finaleshot2016]

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.

[7788bitcoin]

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.

[Kakmakr]

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.  

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.  

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.  

[Latviand]

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. 

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.

[Baoo]

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.

[Sanugarid]

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.

[TheUltraElite]

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.

[bearexin]

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. 

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.

[Sanugarid]

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. 

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.

[Tasrifhossain]

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   ☺️☺️

[hahay]

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.

[Stedsm]

@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.

[Kotone]

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.

[Shasha80]

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.

[Yamifoud]

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.

[FaithInCrypto]

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.

[NavI_027]

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. 

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 .