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Author Topic: CORONA Spreading in many countries. Bitcoin is one Solution for Transactions!!  (Read 968 times)
viennemariela
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March 09, 2020, 10:43:17 AM
 #41

we can see data in real-time from this site about Covid-19 Virus (Corona) which is currently serving almost all over the world

https://i.imgur.com/J4GF1DH.png
source: https://www.worldometers.info/coronavirus/

many effects that occur due to the spread of the virus that until now there has been no cure (report from WHO), not only deaths and economic changes have occurred due to the spread of this virus, but also many others;

1. Kab'ah empty
this is one of the extraordinary effects because we know that the Kab'ah is never empty by worshipers who want to worship (even during renovations).

2. Prices of spare parts (electronic devices & vehicles) are rising
China is famous for its counterfeit goods (KW) and cheapness, as a result of the spread of this virus many countries have shut down (export-import) to or from China.

3. the appearance of strange greetings "Leg Shaking"
many people and even state officials are afraid to touch hands (shaking hands) so they do "Leg Shaking" to still be able to maintain intimacy and avoid contracting the coronavirus.

there are many more effects that occur and I can not explain one by one here (because it must be too long)  Cheesy

if everyone is afraid to touch each other, are they not afraid of fiat money when they trade because the virus can spread through paper money (drooling or sweating)?? 

This is the time we really use Bitcoin and CryptoCurrency as a means of exchange because we are physically not in contact with other people so we avoid contracting the Covid-19 virus (Corona). 

I hope the governments of countries around the world can think about this and even campaign it in their respective countries (doing transactions with digital money, cryptocurrency and not with paper money)



COVID-19 has been affecting the world since its discovery - big time. We have witnessed deaths, fear, loss, and decline; not only when it comes to our life but on the economical status of our countries. We know that one way of spreading this disease is through the contact of touch to the surfaces where the infected person touched or held. And we also know that paper money and coins are very dirty. It hold lots of germs and viruses that can cause us sickness and disease including this recent virus. Several countries have been adapting to "work at home" style to minimize the chances of catching the virus. Similarly, normal people can avoid the infection by being sanitized and healthy at all times.

Yes, Bitcoin can be one of the tools for safer and healthier transaction. Since it is digital, it doesn't require contact or touch and doesn't require you to travel. However, we know that there are certain mobile banking apps as well as transaction apps such as Gcash or Paymaya that allows us to do the same thing. The problem here is that, if few people in a certain country isn't aware of Bitcoin, how can they use its power to be safe from the virus?
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March 09, 2020, 10:55:13 AM
 #42

I like the idea but we should be more realistic here,
We know that online payment is the best solution for now and it would depend on each country if they would use crypto or just make an online wallet with their own currency.
And I think it is great to finally move into cashless society.
at least there will be a chance that people will migrated from Fiat using to Cashless society and we have been waiting for this long time now.
countries now are surely looking for this option because like what South Korea did,they Burnt some cash because of infections.

Bank notes are one of the dirtiest thing people touch everyday. They carry different viruses, bacteria and other microbes that gets transferred from one person to another. The case of coronavirus is another reason why we should totally ban cash. Though doing that may make it easier for the government to prohibit it's people from trading and transacting crypto with fiat.
i second this one because yeah Bank Notes and Coins are circulating nationwide ,sometimes worldwide and we know that different hands handling this,even the dirtiest person can carry and hold these notes each time.









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March 09, 2020, 11:14:12 AM
 #43

I like the idea but we should be more realistic here,
We know that online payment is the best solution for now and it would depend on each country if they would use crypto or just make an online wallet with their own currency.
And I think it is great to finally move into cashless society.
at least there will be a chance that people will migrated from Fiat using to Cashless society and we have been waiting for this long time now.
countries now are surely looking for this option because like what South Korea did,they Burnt some cash because of infections.

Bank notes are one of the dirtiest thing people touch everyday. They carry different viruses, bacteria and other microbes that gets transferred from one person to another. The case of coronavirus is another reason why we should totally ban cash. Though doing that may make it easier for the government to prohibit it's people from trading and transacting crypto with fiat.
i second this one because yeah Bank Notes and Coins are circulating nationwide ,sometimes worldwide and we know that different hands handling this,even the dirtiest person can carry and hold these notes each time.
However, radical steps such as burning are not needed because you can simply protect banknotes in various ways.
In some countries, money is disinfected with ozone and ultraviolet. In Japan, a special device in ATMs before issuing heats the bills to two hundred degrees. This is enough to get rid of bacteria, fungi and mold.
For example, euros are processed with special compounds. But the best in terms of hygiene are polymer banknotes.

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March 09, 2020, 12:44:45 PM
 #44

People are dying mate, no one is caring for money or Bitcoin. Without Fiat money, Bitcoin would be nothing. It is childish to think a world without fiat and only Bitcoin available there! More than 3200 people died already, so, I am not interested in Bitcoin money, rather I am trying to save my family from this killing virus! 

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March 09, 2020, 01:01:28 PM
Merited by Chrystora123 (1)
 #45

People are dying mate, no one is caring for money or Bitcoin. Without Fiat money, Bitcoin would be nothing. It is childish to think a world without fiat and only Bitcoin available there! More than 3200 people died already, so, I am not interested in Bitcoin money, rather I am trying to save my family from this killing virus! 
Actually they are not saying that no fiat money because what they are trying to say is bitcoin or digital currency just like it to colin g will be the key for stopping da virus to spread because we all know this coronavirus can be transmitted or spread through just physical contact so money or paper money can be a source of physical contact by person to person so they're trying to say that to lessen the spreading of the coronavirus that probably use digital currency as a mode of payment for every transactions that we are doing right now.

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March 09, 2020, 01:09:18 PM
 #46

People are really dying, it's not about money or coin . We all know Bitcoin would be nothing. It is childish to think a world without fiat and only Bitcoin available there! More than 3200 people died already, so, I am not interested in Bitcoin money, rather I am trying to save my family from this killing virus!
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March 09, 2020, 01:13:39 PM
 #47

I'm still not sure I understand the hysteria over all this.  Normal flu has potentially contributed to killing hundreds of thousands of people each year, but that's not on the news every day.

That's the most reasonable opinion in the room, I agree. It's the fear of the unknown that's driving all the hysteria. At this stage, we don't fully understand how COVID-19 is spread, and it seems to spread much more easily than similar viruses:

Quote
The new virus spreads much more readily than the one that caused severe acute respiratory syndrome, or SARS (also a coronavirus), and has infected more than ten times the number of people who contracted SARS.

Genomic analyses of the new coronavirus have revealed that its spike protein differs from those of close relatives, and suggest that the protein has a site on it which is activated by a host-cell enzyme called furin.

This is significant because furin is found in lots of human tissues, including the lungs, liver and small intestines, which means that the virus has the potential to attack multiple organs, says Li Hua, a structural biologist at Huazhong University of Science and Technology in Wuhan, China, where the outbreak began.

People are also fearful since it could take more than a year to develop a vaccine.

Okay, so I suppose it being more infectious than the flu means it's potentially more dangerous.  But it sounds as though flu and Covid-19 will have similar outcomes in that those who have it will generally only die if they have pre-existing conditions or already frail immune systems.  Almost like both illnesses are sharing the same pool of potential victims.

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March 09, 2020, 01:23:26 PM
 #48

Maybe there is a chance that bitcoin can be a solution for the transactions in able to many countries to lessen the spreading of the coronavirus because this coronavirus or just spreading through physical contact and may be airborne we are using digital transactions or mobile banking if then probably will be able to lessen the chance spreading the virus all over the world or in some countries. It can be really a positive effect if this will be able to used by the people so that they can do transactions without having any physical contact with other people.



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March 09, 2020, 01:23:28 PM
 #49

Why bitcoin?
Why not Paytm, GooglePay, Paypal, Payoneer etc..

I agree that fiat cash is likely to spread more of the COVID-19 and it would be better to use payment methods which does not include any external physical touch. Though bitcoin is a good payment method to tackle this issue, there are still many countries which do not accept BTC.
BTC can surely be used but online payment systems already exists which transfers fiat money directly to the person's bank account.

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dex_trade
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March 09, 2020, 01:25:26 PM
 #50

If the system fall because of the pandemic, neither Bitcoin or there cryptocurrencies won't matter anymore. Pandemic could disrupt the coal industry, electric power systems and everything that depends on it, including you access to the internet.
peter0425
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March 09, 2020, 01:29:01 PM
 #51

we know that there are other online payments that having in the circulations now so the idea of bitcoin alone is now that much.
but heading forward yeah it is the online payment that will save the world in this issue and one of those are cryptocurrencies.









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mazlumekinci
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March 09, 2020, 01:31:55 PM
 #52

corona is too dangerous virüs.But we are from turkish.İn turkey clear zone.
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March 09, 2020, 01:32:12 PM
 #53

The truth remains that sick people don't show interest in business and dead people don't go into business. The world is truly sick at this time now and that makes me question how Bitcoin becomes a solution to transactions. Oil price has plunged drastically because of Coronavirus that has affected many the so many countries that patronize oil. Even the crypto market isn't spared with total market cap dropping from over $300billion to $220billion at the moment. It's really a difficult moment for all as it sands now.

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March 09, 2020, 04:30:16 PM
Last edit: March 09, 2020, 04:55:40 PM by Chrystora123
 #54

People are really dying, it's not about money or coin . We all know Bitcoin would be nothing. It is childish to think a world without fiat and only Bitcoin available there! More than 3200 people died already, so, I am not interested in Bitcoin money, rather I am trying to save my family from this killing virus!
I also do not care about the wealth or even the Bitcoin that I have, I have 2 children and 1 wife that I love very much.. The core issue I discuss here is "How should government policy control the spread of the Covid-19 virus".  in my country they (the government) distribute masks and hand sanitizers for free but whether it has been effective in suppressing the spread of the virus??   when you go to a traditional supermarket you will find that very dirty banknotes are circulating there!!
Quote
the virus is transmitted through contact droplets and fomites (transmission media). So, public health is related to steps, such as good hand hygiene and breathing etiquette (coughing into your elbows or covering your mouth with a handkerchief, tissue or mask and removing it immediately). This is an important action that can be taken to prevent infection.

snip..
Quote
The speed of transmission is an important point of difference between the two viruses. Influenza has shorter median incubation periods (time from infection to symptoms) and shorter serial intervals (time periods between successive cases). While the Corona virus serial interval is estimated to be 5-6 days. The influenza virus interval is 3-5 days. This means that influenza can spread faster than the corona virus

the two viruses are almost identical, but what sets it apart, for now, is that the vaccine for Covid-19 hasn't been found. Maintaining the condition of your body and your family is a very effective step that we can take at this time

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March 09, 2020, 06:05:15 PM
 #55

Yes you’re right, but right now there are lots of things that you can’t do with Bitcoin, I don’t know if it’s the same for other countries but that’s how it is where I live, though there is not much cases of Covid-19 virus, just only two people are with the virus, but everyone is still being careful so they are now making use of mobile banking apps.

There is more you can do with these mobile banking apps than with Bitcoin. When you open the banking app you will be able to use it to pay your bills – electricity bills, water bills, etc. But if you’re using Bitcoin you can’t do most of these, and there are no places where you can spend with Bitcoin like restaurants, and shopping malls. I heard in China people now mainly make use of WeChat Pay.
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March 09, 2020, 06:28:25 PM
 #56

we can see data in real-time from this site about Covid-19 Virus (Corona) which is currently serving almost all over the world


source: https://www.worldometers.info/coronavirus/

many effects that occur due to the spread of the virus that until now there has been no cure (report from WHO), not only deaths and economic changes have occurred due to the spread of this virus, but also many others;

1. Kab'ah empty
this is one of the extraordinary effects because we know that the Kab'ah is never empty by worshipers who want to worship (even during renovations).

2. Prices of spare parts (electronic devices & vehicles) are rising
China is famous for its counterfeit goods (KW) and cheapness, as a result of the spread of this virus many countries have shut down (export-import) to or from China.

3. the appearance of strange greetings "Leg Shaking"
many people and even state officials are afraid to touch hands (shaking hands) so they do "Leg Shaking" to still be able to maintain intimacy and avoid contracting the coronavirus.

there are many more effects that occur and I can not explain one by one here (because it must be too long)  Cheesy

if everyone is afraid to touch each other, are they not afraid of fiat money when they trade because the virus can spread through paper money (drooling or sweating)?? 

This is the time we really use Bitcoin and CryptoCurrency as a means of exchange because we are physically not in contact with other people so we avoid contracting the Covid-19 virus (Corona). 

I hope the governments of countries around the world can think about this and even campaign it in their respective countries (doing transactions with digital money, cryptocurrency and not with paper money)


I posted on a similar thread that is the information on the below link https://www.google.com/amp/s/nypost.com/2020/03/08/who-offers-advice-about-using-cash-as-coronavirus-continues-totransactions is anything to go by, then Bitcoin might be the best option in carrying out transactions. With the use of Bitcoin and other cryptocurrencies, financial transactions can be carried out without fear of contacting the virus through exchange of currencies. Thus is clearly an added advantage to the existence of Bitcoin and other cryptocurrencies.

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March 09, 2020, 07:42:12 PM
 #57

People are dying mate, no one is caring for money or Bitcoin. Without Fiat money, Bitcoin would be nothing. It is childish to think a world without fiat and only Bitcoin available there! More than 3200 people died already, so, I am not interested in Bitcoin money, rather I am trying to save my family from this killing virus! 
Absolutely, but the point is that the transaction using bitcoin is better than physical transactions as of now since virus is really spreading so fast and hitting even the biggest and richest countries. It is indeed true that fiat is really needed as of now for help but I think there are some charities as of now that are being sent online so that they can help without getting infected, and it is way faster as we all know that. Bitcoin can be a support to those doctors who really wants to find and build a cure. Funds will also help the hospitals who are taking care of the people who are suffering from the said disease. Making transactions with bitcoin is way safer as of now to prevent yourself and your own family from this virus, you can make transactions indoors, paying bills, buying foods, and etc.

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March 20, 2020, 02:53:15 AM
 #58

While Bitcoin itself is a "clean" transaction method, for Bitcoin ATM operators [for background - we are Vietnam's largest Bitcoin ATM operator] these times are especially challenging.

Three main challenges to tackle:

- Cleanliness/Hygenie of the BTM itself
- Cleanliness/Hygenie of the Bills provided by the BTM
- Host venues possibly closing down


1) In order to avoid that your machines become a germ incubator which spreads possibly diseases from Bitcoin ATM user to Bitcoin ATM user our staff has been directed to wipe the machine clean at every visit at the machine.
Furthermore we provided hand sanitizer at each machine in order to enable our clients to keep personal hygiene before/after touching the machine to reduce spread of potentially harmful virus loads.

2) We are refilling exclusively fresh bills from the bank these days in order to reduce the risk of the bills being contaminated.

3) This one is more out of our control as Bitcoin ATM operators given the widespread lockdowns and massive demand shock by lack of tourisits, visitors and locals dining out. Luckily our host locations so far are all providing delivery options and we do our best to help them promote their services in order to help them to come through these hard times.

So if you are in Saigon by chance, feel free to give the guys from Italiani's a call and order one of their tasty pizza's.

You can also find an interview with Ariel, one of the owners of the shop, here where she talks about her entrepreneurial journey and how she found out about Bitcoin.  Smiley


BTM Department - BitcoinVN - https://bitcoinvn.io/ [Vietnam's premier Bitcoin Exchange Service] - https://btm.bitcoinvn.io/ - www.twitter.com/BitcoinATMHCMC
LEON331300
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March 25, 2020, 10:06:50 AM
 #59

Well,  I wouldn't agree with you. People would rather have their money as fiat funds than in bitcoin at the period of Global pandemic , because there's not limitation to fiat transactions unlike cryptocurrency. People,  especially those in counties with total economic lock down need as possible their money easily assessed.

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March 25, 2020, 11:10:20 AM
 #60

Well, as COVID-19 has no cured yet, many people are afraid of going outside just to do some transactions in real life, they are afraid of purchasing some goods and stuffs because of being afraid to be attached from other people, so they are also afraid of using fiat currency so the best option that they can use is the cryptocurrency, but the problem is some countries do not still accept bitcoins and different cryptocurrency in their land so they can't still use it, I hope that this situation will be a lesson fro everyone especially to the officials that they should really accept the bitcoin because it can be alternative to fiat currency when some crisis happens again.
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