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Author Topic: Safe with bitcoin?  (Read 1906 times)
suryogandul
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May 02, 2021, 08:51:59 PM
 #121

before covid 19 there was already online payment with bitcoin, so i don't think this is new to bitcoib. but the presence of the covid 19 virus makes bitcoin valuable and useful for payments during emergency situations such as covid 19

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May 02, 2021, 10:37:57 PM
 #122

I disagree with you, although with bitcoin we will not be able to with certainty decide the spread of the virus. because the way bitcoin works is the same as online transaction tools. indeed in paying we do not have physical contact with other people. but the things we buy and receive do not guarantee that they carry viruses. so for me it can't be said to be safe with viruses, even though we use bitcoin as a means of payment.

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May 04, 2021, 12:21:09 PM
 #123

I disagree with you, although with bitcoin we will not be able to with certainty decide the spread of the virus. because the way bitcoin works is the same as online transaction tools. indeed in paying we do not have physical contact with other people. but the things we buy and receive do not guarantee that they carry viruses. so for me it can't be said to be safe with viruses, even though we use bitcoin as a means of payment.
There are many perceptions that occur with payment using bitcoin. Will it be able to break the chain of transmission of the virus? If only payment is clear, I agree, but when we receive the goods we buy, it is clear that there will be physical contact with the goods purchased. where the possibility of what is feared the transmission might occur, even if those who buy and sell do not antipipasiate by cleaning the results of the physical contact.

if the matter of clear payment with bitcoin or other digital money is one of the best anticipations to avoid excessive physical contact, even though you still have to do hand cleaning when you are done with the transaction.
making as little physical contact as possible with other people and avoiding crowds is one of the best things you can do to reduce transmission.
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May 04, 2021, 12:50:51 PM
 #124

<...>

In my opinion, Bitcoin have been safe for traders and investors.
But can also be seen as a risky investment. For those trading daily with Bitcoin, I would like to advice that when trading in Bitcoin, always trade  what you can afford to lose. And also with Bitcoin, you can transfer value anywhere you are and also with a less fee.
Just like Banks, Bitcoin issue high level of security to your investment. I can confidently suggest it to anyone who wants to start trading crytocurrency.
That advise is not only for those who trades using bitcoin but instead those all using crypto so What you are saying here is a Pure shitposting and did not even contribute in discussion lol.

Bitcoin is a digital asset, which we need to saved as gold, just that the difference between gold and bitcoin, is that bitcoin work online, while Gold is offline, base on bitcoin it has really helped to during pandemic period. For a transaction of buying and selling.
And that is the reason why this become very indemand now and used because of the pandemic this teaches us how to make use of digital currencies.

jinxing
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May 07, 2021, 07:51:08 PM
 #125

Safe with bitcoin if in your country you can buy all your needs online just by using bitcoin as payment. But unfortunately it was not available in other places that's why people have no other choice but to go outside to buy and do their works. If they don't have choice in order to live and provides the needs of their family, they will still go out to work. But there are also other form of online buy and sell that you can use electronic money if bitcoin is not available to use as payment.

In fact Bitcoin cannot be legalized by most countries, digital transactions are indeed considered the safest during a pandemic, but unfortunately Bitcoin is not the main choice that can solve this problem, if Bitcoin is the main role for conducting digital transactions in all countries today, it is likely that many sites  online shopping will accept payment using Bitcoin
verita1
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May 07, 2021, 11:22:04 PM
 #126

Covid19 is very dangerous and contagious. Without a doubt we must be careful and know how to live with it. If we follow the Biosafety protocol we can prevent the virus from spreading. Because it harms our economic environment we need to leave home to meet our needs, people also need to go to their jobs because otherwise we would be collapsing the economy.
Spreading the payments with cryptocurrencies is a good idea and could be a payment alternative this could be the best time for the payments in cryptocurrencies to expand.

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May 07, 2021, 11:59:03 PM
 #127

Safe with bitcoin if in your country you can buy all your needs online just by using bitcoin as payment. But unfortunately it was not available in other places that's why people have no other choice but to go outside to buy and do their works. If they don't have choice in order to live and provides the needs of their family, they will still go out to work. But there are also other form of online buy and sell that you can use electronic money if bitcoin is not available to use as payment.

In fact Bitcoin cannot be legalized by most countries, digital transactions are indeed considered the safest during a pandemic, but unfortunately Bitcoin is not the main choice that can solve this problem, if Bitcoin is the main role for conducting digital transactions in all countries today, it is likely that many sites  online shopping will accept payment using Bitcoin

Its not the main choice since most of the country have their own digital cash transfers technologies so expect that they will use their own since they think this is much cheaper compare on exploring with bitcoins where they know they cannot rely since they are new on this technology. Remember bitcoin gather much attention during quarantine period so if government watching it maybe a certain studies already happen so maybe we can expect bitcoin to be adopted in future. Although its not a choice for now but good thing its existence has been recognized.

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isaac_clarke22
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May 08, 2021, 02:30:24 AM
 #128

~
Problem is the confirmation times that hinders the usage of Bitcoin around the world. The unstable price is another factor, and this is why former adopters of Bitcoin like Valve back in the days pulled it out.
I recall reading some article in Facebook page "Crypto News Flash" that employee got paid with the right amount of Bitcoin but then the boss demanded for some amount returned due to the recent price hike.
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May 08, 2021, 02:43:17 AM
 #129

Yes, at the moment this is one of several options to safe your funds
Yes mate in serious coronavirus pandemic situations it's very useful ways for researving cryptocurrencies safety without out of home. Profits in cryptocurrencies an effective way for passive income.
mrongos
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May 08, 2021, 06:32:35 AM
 #130

Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
this is one very good idea, besides introducing them to payments and transacting using cryptocurency which may be much safer from viruses, they can also invest or learn trading, so that it can help their economy be much better. especially for people affected by the reduction in work in their office. Investing in crypto is an alternative way to get money and transact safely and easily, of course.

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Obito
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May 08, 2021, 06:59:26 AM
 #131

Covid19 is very dangerous and contagious. Without a doubt we must be careful and know how to live with it. If we follow the Biosafety protocol we can prevent the virus from spreading. Because it harms our economic environment we need to leave home to meet our needs, people also need to go to their jobs because otherwise we would be collapsing the economy.
Spreading the payments with cryptocurrencies is a good idea and could be a payment alternative this could be the best time for the payments in cryptocurrencies to expand.
It can be a good alternative for fiat payment but the problem is that not a lot of people use bitcoin in my country because it isn't popular and the only popular ones are those that are fiat based payment apps which is good alternative compared to fiat. I think that these virus could've never been worse if everyone just follow what the doctors says and follow the protocols for safety but no, we need to stroke our ego so we pretend to be smarter than we really are.
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May 08, 2021, 07:10:13 AM
 #132

Unfortunately some bad guys in government are exploiting this to get a dark result. I think this is the reason until now why bitcoin has not been fully accepted. Speaking of security about viruses. bitcoins. They just need to cool fiat with blockchain and combination with bitcoin to create money safe from corona virus.

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May 08, 2021, 07:15:21 AM
 #133

Bitcoin is a digital asset, which we need to saved as gold, just that the difference between gold and bitcoin, is that bitcoin work online, while Gold is offline, base on bitcoin it has really helped to during pandemic period. For a transaction of buying and selling.

I am very surprised, whereas if the problem is the bitcoin corona virus is the safest. But why is the government still banning bitcoin? whereas if they want to think ahead, looking for a good solution with bitcoin, it may be safer at home and still be able to do activities and shopping.

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May 08, 2021, 07:21:14 AM
 #134

Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.
No matter how much we want to introduce bitcoin to the world and take advantage of this pandemic upon showing how digital transactions could help us evade the possibility of getting the virus, it is still too complex and difficult to happen. Just with the fact that the government doesn't tolerate the use of it yet, the existence of E-payments are already there just like in the Philippines where such like Paymay, Gcash and other more are already present in aiding the non-physical transactions. Bitcoin would more likely work as a safe haven of your investment wherein if you want to secure your future in the post-pandemic era, you can try hodling and trading in bitcoin.
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May 08, 2021, 07:27:11 AM
 #135

Bitcoin is a digital asset, which we need to saved as gold, just that the difference between gold and bitcoin, is that bitcoin work online, while Gold is offline, base on bitcoin it has really helped to during pandemic period. For a transaction of buying and selling.
I am very surprised, whereas if the problem is the bitcoin corona virus is the safest. But why is the government still banning bitcoin? whereas if they want to think ahead, looking for a good solution with bitcoin, it may be safer at home and still be able to do activities and shopping.

This is what sucks about the government, they don't want to accept Bitcoin as an alternative to payment. Even though the government knows Bitcoin is
very helpful in preventing the spread of the corona virus. But they are more concerned with other things, which the government feared Bitcoin could
replace the role of fiat. Even though Bitcoin is not only effectively used in a pandemic situation like now, but Bitcoin can also be a source of income.
Because the price is bullish this year, it is very profitable if we trade Bitcoin.

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May 08, 2021, 08:13:35 AM
Last edit: May 10, 2021, 12:41:25 PM by mprep
 #136

I think it's very safe to compare that to fiat. Pandemic covid19 has been running for more than a year if it continues to be allowed then it will destroy us not just kill, make people do not have activities. The positive side is that technology will be a priority because it is very suitable to fight pandemics, bitcoin is one example.



Online payment is the answer to avoid the spread of the virus and bitcoin is so good for international transactions due to fast of the transaction between parts, becurse there are few businesses accept bitcoin in some country none of it at all, So they need to base on other online payment methods like Paypal,advcash skill, etc although some are not fast enough but are the only way for the current situation.

utilizing payment sites is also I think is not enough because bitcoin has advantages and is decentralized. Bitcoin is easier to use and there will always be 24/7 no holiday days. therefore I believe during this pandemic the government should immediately research bitcoin to be used to fight the corona virus.

[moderator's note: consecutive posts merged]
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May 08, 2021, 08:41:29 AM
 #137

In this pandemic period, many people have met Bitcoin and started using it. And it's really great for Bitcoin to be adopted even faster than ever. More people are making investments into it and using it while buying something also. And like you indicated, it's much safer compared to fiat.

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May 08, 2021, 02:44:15 PM
 #138

~
They probably have their minds first on the vaccine. People use bank-issued cards these days, and government finding out about Bitcoin and how convenient would it be would take quite a while because they only know that it goes against their governance because as you mentioned. It is decentralized.
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May 08, 2021, 03:29:50 PM
 #139

I doubt any thing has changed during this pandemic. It's not like all merchants are now accepting bitcoin or anything. It is still the same as pre pandemic. Those who are hesitating to use cash money, they are using cashless system such as their credit cards or other payment system. Shops aren't ready to accept bitcoin. Look at the transaction fee and the network traffic for the last few months.
In this pandemic period, many people have met Bitcoin and started using it. And it's really great for Bitcoin to be adopted even faster than ever. More people are making investments into it and using it while buying something also. And like you indicated, it's much safer compared to fiat.
Not really. Care to explain how is it "much safer compared to fiat"? Would love to hear your opinion on this.

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May 08, 2021, 03:47:29 PM
 #140

it will indeed feel easy but it doesn't seem like it will be as simple as imagined considering that for now it is indeed bitcoin and the crypto world is starting to boom but there are still many people who don't know this, maybe even when compared to many who don't know more than those who know about bitcoin, I think I did this. this can be done only for people who already know, already understand and already have assets in bitcoin. besides that there are several countries that prohibit their people, in this case we already know that bitcoin is prohibited. so it will be very taboo when the state and government prohibit it but we use it to transact.

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