How bitcoins is helping during the lockdown

[$crypto$]

Cashless payment system like bitcoins are very useful in current covid19 panic. Currency notes are also one of the carrier of Corona virus, so this is one another use case of bitcoin.

Unfortunately, not every country has a large number of merchants, and grocery stores that fully accepts Bitcoin and other alts. specially in the 3rd world countries.
Cashless payment can also be done by using debit and cc in purchasing essential goods to survive the lockdown. Bitcoin isn't the primary option tbh. though I am a crypto enthusiast, but I must admit, in times like this majority of the people prefer to use cash, debit, and cc for easy access with basic necessities.

Indeed, this is a good suggestion from the crypto community that bitcoin should be a good payment at covid-19 but it is true you say not all countries have access like that because some countries still use credit cards which up to now are still widely used for buy goods without having to contact then what is the country that still hasn't legalized bitcoin? because there is still no strong security system and it is also vulnerable to hackers with hard to trace, therefore the best solution for crypto payment is only for the community IMO.

[eldude9]

yea, how about 1 year free rent if you do it via bitcoin.com or bitso.com, the Mexican banks will go all Fintech, or do something else... its like sugarwater, it may not exist in Mars or what are your opinions?

I think trump can mine bitcoins to provide for the poor for 1 year, who can get this message to his staff?

imagine the price of bitcoin will go??? I think we just got another use for bitcoin!

Im going to work on my side, Mexico, AMLO is going to change mexico, its going to be a cultivated country, with people that know how to read and write and play with crypto hehe.

lets try to fix this problems before its to late for the planet to get back in shape, and we can start with the oceans, we need them clean or not? its time to stop dumping shit in the water to have a job...

check vallartopia.org its the beginning of a Permaculture project on the blockchain.

saludos!

el dude!

The government has now made a decision to lockdown in many areas, many jobs have become dead because they cannot leave the house, this is causing pressure for everyone to survive in moderation. I think the government should make another policy for people who cannot afford rent because they cannot work. due to this lockdown.

Do you suggest joining the signature campaign are they ready with their own accounts? I think if a new person needs time to join the signature because the manager will not choose a new person as a member of his partition.

[plvbob0070]

Those who invested earlier are lucky. Most of them have significant holdings and they can survive these tough times by selling their coin holdings. But investing in Bitcoin at this point is extremely risky. You don't know in which direction the prices are going to move. I would rather chose reliable assets such as gold and platinum at this point.

With the current situation, we really need to have our savings for our future expenses since we don't know how long this virus will be. I guess I'm also lucky enough that I still have my investment, though I have no plan of selling it yet since I still have some savings.

We don't know when the lockdown is going to end. Until then life will be very hard for each and every human around the globe. Almost every country is operating only the emergency and basic necessary departments. We need to appreciate governments as well, because few country governments have taken perfect plans on how to overcome the economic condition. By now we the bitcoiners have got a little earning out of the campaigns.

I'm still thankful that I have means of earning even though we're all stuck in our houses, and I can help with the expenses. It really helps a lot especially now that we need to stock up some foods. We can't just always expect that the government will help us.

[Asuspawer09]

Well I do think everyone is fimilar with the situation that every country is in right now .
To eleminate the risks of spreading the Corona virus , government have established lockdown .
No jobs , no schools , no small businesses , nothing.
Care is taken about people who are working in government sector , they are going to be provided with some amount of salary , that too in only some countries.
The small owned businesses are suffering greatly.

I myself was travelling to a small town nearby and saw a person crying , he had to pay banks , pay for his 4 kids , had a family to support but due to lockdown he had no source of income.

I do introduced him with the idea of bitcoins , how he can with some investment try buying , I even told him how he can earn a little through the campaigns , since something is better than nothing .

I do think Bitcoins is helping more than the government itself for a normal person , I am using my bitcoins selling them timely so that I can pay my rent and everything because jobs are all closed.

Bitcoins right now is the only thing that is supporting some people during the time of Quarantine  .

How the signature campaigns are still being managed efficiently is amazing 🔥

This is just an appreciation post <•>
Feel free to share how bitcoins is helping you during the lockdown.

I guess since I have an investment in bitcoin I could easily use my investment for emergency funds since there is a lockdown there will be no jobs and we need to make a profit using bitcoin it might be possible by investing.

Also, I think as a digital currency I think it might be useful to use it as a payment method since physical money might cause the virus to spread because the virus might be in your physical money. On the other hand, I could focus in the campaign here in the forum since this might the online income that I could make at home.

[Bitcoinboss52]

I absolutely love bitcoin. Its saved my sanity..

During this lockdown. Im able to still gamble while the casinos are shut down then turn around sell it and use my debit card to buy grocerys on sites like insta cart and stuff. So yes its a blessing and its also always cool when the lrixe rises unexpectedly.

[bithisach]

Well I do think everyone is fimilar with the situation that every country is in right now .
To eleminate the risks of spreading the Corona virus , government have established lockdown .
No jobs , no schools , no small businesses , nothing.
Care is taken about people who are working in government sector , they are going to be provided with some amount of salary , that too in only some countries.
The small owned businesses are suffering greatly.

I myself was travelling to a small town nearby and saw a person crying , he had to pay banks , pay for his 4 kids , had a family to support but due to lockdown he had no source of income.

I do introduced him with the idea of bitcoins , how he can with some investment try buying , I even told him how he can earn a little through the campaigns , since something is better than nothing .

I do think Bitcoins is helping more than the government itself for a normal person , I am using my bitcoins selling them timely so that I can pay my rent and everything because jobs are all closed.

Bitcoins right now is the only thing that is supporting some people during the time of Quarantine  .

How the signature campaigns are still being managed efficiently is amazing 🔥

This is just an appreciation post <•>
Feel free to share how bitcoins is helping you during the lockdown.

Personally, I've been able to keep paying my guy in Colombia for coding, originally he was teaching me but I wasn't able to continue with it, so I've basically found him a job at my company, we use crypto for a part of the budget, and because we can't make him a contract if he's not physicially in france and he doesn't accept Euros, the company settled to pay him in crypto, he likes it and it's convenient for us but after COVID we DEFINITELY need to invite him and see about due process to get him onboard and opening a Euro account for him if it's convenient for him of course.

[GDragon]

-
I do introduced him with the idea of bitcoins , how he can with some investment try buying , I even told him how he can earn a little through the campaigns , since something is better than nothing .

I do think Bitcoins is helping more than the government itself for a normal person , I am using my bitcoins selling them timely so that I can pay my rent and everything because jobs are all closed.
-

It really depends on each situation. For those who do not have crypto assets, as long as they have side jobs or business reserves that are not directly affected by this crisis will surely benefit. How important is Plan B in this situation

Suggesting the crypto world as an alternative effort to earn money in this pandemic I feel is not quite right. This ecosystem is not something that is easy and can be learned quickly. So many traps and fraud cases at this time, it will only make the newbie grasping risk. However, I believe that this will be useful if it is well studied. Be thankful if we still have this road, don't forget to donate and help people around us.

I felt the same way too. If you met someone who needs money in this time of pandemic, specially those who are really in the point of crying in the streets, it means they really have nothing at the point. I think its kinda off to get him into Bitcoin to earn money. It needs resources and a lot of time. How will he earn? Mining? Trading? Campaigns? I think it is more helpful to somehow help him find a more sustainable work or notify officials about those people who are not capable to survive during this pandemic. It is somehow better to approach him with a more reliable solution.

It depends really in the social status of the person, some can afford to learn bitcoin during this pandemic because they have the resources, but some really can't. They need an urgent solution to earn money without a risk.

[TalkStar]

Unfortunately, not every country has a large number of merchants, and grocery stores that fully accepts Bitcoin and other alts. specially in the 3rd world countries.

Yeah definitely,,, not only in 3rd world countries but also in well developed regions too. Good news is in some countries people continue their bitcoin resell and transactions by maintaining private or public social media community of their own. Though bitcoin transaction is not government authorized on their regions but they continue their buy-sell activities at their own risk.

Due to strict government rules they can't make open trade or accept payments on grocery stores or outlets. Hope this scenario will change soon in the near future.

[totoy4741]

I don't really see how useful the bitcoin is in times like this, Many people still prefer to use credit or debit card as methods for payments, and bitcoin has massive crash down which is I think it would not convince a lot of people to use it for such situation. But in due time we finally globally adopted to blockchain and cryptocurrency will be able to use it.

[Nancyo]

Lockdown isn't going to put a stop to the Virus, people will get tired of been on lockdown and would react and to be Frank, who would want to invest in bitcon as of this time, what they majority are interested in now is the funds to feed and survive at the moment and even if they still go into bitcon, how will they get food items and others with it. But nonetheless I believe that they are some that will be fortunate enough to learn one or two things about bitcoin at this time that would really help them when the pandemic is over and as you rightly said Bitcointalk is the right place to start

[arwin100]

Lockdown isn't going to put a stop to the Virus, people will get tired of been on lockdown and would react and to be Frank, who would want to invest in bitcon as of this time, what they majority are interested in now is the funds to feed and survive at the moment and even if they still go into bitcon, how will they get food items and others with it. But nonetheless I believe that they are some that will be fortunate enough to learn one or two things about bitcoin at this time that would really help them when the pandemic is over and as you rightly said Bitcointalk is the right place to start

It cannot stop but actually it will help the authority to control the spread and make their job at ease, so cooperation here is a must to everyone since if hard headed people doesn't cooperate with authorities and the number of people infected will still increase expect the lockdown will be extended as we don't still have a vaccine as of now.

All of us in the same boat so cooperation is needed since if we continue to disobey the orders we are not only hurting ourselves but also the economy since if government cannot flatten the curve of this case the they will collapse since the government have no income and economy cannot move due to this disease.

[coupable]

I don't really see how useful the bitcoin is in times like this, Many people still prefer to use credit or debit card as methods for payments, and bitcoin has massive crash down which is I think it would not convince a lot of people to use it for such situation. But in due time we finally globally adopted to blockchain and cryptocurrency will be able to use it.

People still believe in what governors say and in what bankers say. And that the pandemic impact on economy is still considered at early stages, people still not aware to think about bitcoin as a better alternative.
As we still don't know for how long the pandemic would last, i think bitcoin will growth by more popularity once the crisis is over if for short to medium terms. If the crisis takes much more time, monetary system will collapse and people will find shelter in bitcoin .

[coupable]

If the monetary system crashes, then Bitcoin, and especially other cryptocurrencies, will face the same fate. Many people hope that Bitcoin will someday cost $ 100,000 or more, but I always have a question for this case. And what can you buy at that time with this money?

I totally agree with your point. Bitcoin price value is already set in fiat. The crash will have impact over all markets.
What i meant by "crash" of the monetary system is that FIAT will have less importance than what is it today. A global economic crisis would first infect the inresistble fields like paper money as it helps spread the virus; this fact would upset the monetary system who is not yet ready to digitalise every transaction in FIAT .

[Sadlife]

Bitcoin and cryptocurrency manage to help me and my family to sustain food to eat and buy daily necessities like personal hygienes and medicines. Especially with the lockdown there are no jobs you can apply to so it's really frustrating losing a regular job especially when you have people depending on you. Signature campaign is truly a great help to earn extra money when you're living in a country that isn't fully develop and remote jobs is still not in demand.

[wozzek23]

If it’s with investment, to be sincere , he’s not going to make anything profit at this time. And as for bounty campaigns, that’s a good choice, but it’s going to take him sometime to be able to start joining them and making earnings, since he will have to work towards growing his account in this forum and becoming a junior member at least.

These days, you can’t grow your account by just spamming the forum like some used to do before. This time around you work hard, you write good posts and you also have patience. If he can have patience and work on that, then he’s going to benefit from this community. And I hope he does.

[pawanjain]

If I would have been in that person's place then I would surely not choose to trade bitcoins in this pandemic situation.
That guy is already suffering so much due to no income and besides that he also has to take care of his family.
The current market is risky to invest and investing in bitcoin without any experience in such a situation would just be foolishness.
But yeah doing campaigns and providing online services for bitcoins  would be a great deal of tackling the current pandemic situation.

[hahay]

Right, with bitcoin at least someone who has been in the market for a long time and this community at least has an income that might be enough to support the needs of food and other necessities for the family every day, but when someone comes to this market because they want to earn income in this market then I don't think it will be easy for those who have lost their savings and of course it will be increasingly difficult. But when they still have a lot of money in their savings, then of course this bitcoin or crypto market can be a solution for them to still be able to get income by doing day trading or even mid term investment.

[finaleshot2016]

Honestly, bitcoin is a great support to me during ECQ or enhanced community quarantine as I have no savings left. That is why I am still hoping that bitcoin will grow to double my income. It's hard to live like this because we don't have any means to raise money and some of us are lucky because they receive money from this platform through bounties and promotions all the time.

Regarding lockdown, I agree with @20kevin20, look at South Korea, they have already wiped the COVID-19 cases on their country by enforcing lockdowns, but more cases have occurred once again after lifting it. An anti-virus or vaccine is required and the only key which makes us immune to COVID-19.

So obviously, my current bitcoins help me live through this ECQ / lockdown, even increasing the days of ECQ because it's unlikely to avoid the COVID-19 through simply lockdown enforcing.

[FlightyPouch]

Those who invested earlier are lucky. Most of them have significant holdings and they can survive these tough times by selling their coin holdings. But investing in Bitcoin at this point is extremely risky. You don't know in which direction the prices are going to move. I would rather chose reliable assets such as gold and platinum at this point.

Well, we can't really do anything about that, can't we? And I don't think they are doing that since for sure, most of those whales that you are saying are now holding their btcs for the incoming having since it would give good opportunities for them to sell or have a profit. The price drop a lot of times now since the start and I don't think we should say that they are lucky, being first has its cons too.

[GDragon]

If it’s with investment, to be sincere , he’s not going to make anything profit at this time. And as for bounty campaigns, that’s a good choice, but it’s going to take him sometime to be able to start joining them and making earnings, since he will have to work towards growing his account in this forum and becoming a junior member at least.

These days, you can’t grow your account by just spamming the forum like some used to do before. This time around you work hard, you write good posts and you also have patience. If he can have patience and work on that, then he’s going to benefit from this community. And I hope he does.

This is what I've been thinking too. It may be helpful for us because we are already in the scene. We have stock bitcoins, already included in a paying campaign and continuously receiving payments while staying at home.

However, we can't generalize that all can easily earn in bitcoin. They should be informed about the currency. They needed some time to be able to earn, and the risk are high specially for those who needed money as soon as possible.