During these lockdown and quarantines
Lockdown and quarantines will not solve the problem, because this is only a limitation on the spread of others, but will occur to people around him.
You have to remember also that online payments using digital fiat is available too
Yes I know that, but Digital Fiat is also part of Bitcoin, because Bitcoin is also part of digital. What I want to convey is that Bitcoin (Cryptocurrency / Digital Fiat) has no physical objects, so there is no transmission.
Maybe in the near future, but for now, bitcoin is not the way out as a preventive measure for all nations.
There are several countries who do not recognize or term bitcoin as a payment of service, and mind you'; you can only buy or sell with bitcoin as payment mode if the other party admits or agrees to receive payment in btc.
So for now, lets stay safe and continue to educate those around us about the importance of bitcoin and crypto currency to the world.
Yes, precisely because there are still many countries that have not recognized Bitcoin or Crypto as a transaction tool, so they must realize how important Bitcoin is in this life.
Those stores are still accepting fiat payment and bitcoin becomes a secondary solution for people to people transaction. Honestly, i wanna say based on the fact if we have a bunch of the online payment system platform. It's better to consider bitcoin as a commodity rather than a payment system. The trend of fiat is going down but people still prefer to use a balance payment system.
But we must understand that leaving Fiat is against the state, because the state has an interest in this. Corruption will never occur with crypto, because the transaction system is transparent.
For P2P transactions, it is understandable to use the cryptocurrencies but the situation is a bit different for the payment gateways. The BTC and blockchain is not an efficient solution for the daily small transactions, the people have habits and changing this traditional method will take time.
Yes, but there are other low value cryptocurrency, such as Ethereum for small payment. For example buying one cup of coffee, then it can't be done with Bitcoin because the number is high, then we can use Ethereum as another solution.
In my own personal opinion, maybe this is really the time for bitcoin and other cryptocurrencies to be recognized and known by a lot of people all over the world because using cryptocurrency can also help us to prevent the virus from spreading when we are making purchases in malls or other stores.
Yes, I agree with you. This is the time for Bitcoin or Cryptocurrency for payment solutions. It's just that we need to introduce it more broadly to the community, and teach how to use it. That is, this is a joint task. Especially those who have projects related to cryptocurrency.
To be honest, people are already using money transactions with digital, but not with crypto.
This is like every country's fiat money in digital form and can be used for daily activities.
Imagine buying groceries for $ 1-5 with a fee of over $ 0.5, it will feel difficult.
So you mean it happened but didn't use crypto.
Therefore, if we do not use crypto, it will be difficult to make payments with digital Fiat, because the nominal transfer and fee are high. If using crypto, say ethereum, we can make payments, because we can transfer ethereum in small amounts.
