Will the government understand?

[rose9696]

With the society collapsing , I fear for a common man , I fear for the families who were already living on the edge and now without any jobs , without any money , they are surviving on the brink .
Yes the government is distributing food for the poor , they are doing whatever they can , but it is not enough .
Just like , we are able to transfer our education system , all online in a matter of days , why are they not doing the same for most of the offices ?
Even at the time of the crisis , corruption still can be seen , when a country which is considered the most powerful , the US , when the people cannot trust the president itself , who can they trust at that time ?

I do know that people engaged in cryptocurrencies are way ahead of the time, so do you guys think there is a way by which jobs can be provided to the needy because we all know that a vaccine is 12-18 months away .

Things will take a lot of time to be normal , till then how will the economy survive?

It is one of the indispensable consequences when the economic crisis comes and we cannot avoid it. The government understands this and they are even more concerned about people's unemployment. That is why the US and China are increasingly wanting to reopen the economy quickly so that things do not go into the deep hole anymore. Any government wants its country to be good and beautiful, and its people happy. So now is an opportunity for us to work together with the government to fight this Covid pandemic. Staying home for a little longer and spending less will be a good way to help society and economy grow again.

[Naida_BR]

How to get respond from government if bitcoin price always down and make many people panic for selling, just one way how to make government understood with bitcoin as best digital currency payment by seeing bitcoin on the top price and not give bad result for many investor with bitcoin always dump.

Bitcoin will always have such volatility.
Big ups and downs in prices is one of the basic characteristics of this market.
We need more trust in the market but this is very difficult to happen in the crypto industry as it is an open market where everyone buys and sells freely.

[hahay]

How to make government will easy to understand about feature using bitcoin and altcoin as legal payment transaction, I think always have politic society about will legal bitcoin as currency or not because when government get fee commission they will got legal using bitcoin in their country.

If that is the case then it seems that their country is in a corrupt government, although it is still uncertain, at least, when they are concerned about the costs to finally be made legal then it looks like something is strange. But when it comes to this pandemic, the use of virtual transactions and / or other digital transactions will be the most important as a form of deciding the spread of the virus and I think bitcoin and of course other cryptos have gained legality and the problem is that the application is still lacking in many sectors.

[princesspoppy]

Here in my country, I can say that the government, most especially our president is doing everything he/they can just to provide money and other necessities for all us, but unfortunately, politicians under him seems to be the problem. Distribution of foods, money and other necessities are done with political interests. They choose to first give those people who voted for them during elections (they know who did and did not, as always) and also they steal some of this money.

[South Park]

The current crisis is showing how frail is the current economic system, a great deal of the things being produced are not really necessary and once the demand of the society shifted to something more realistic suddenly we are finding out that all of those business were built on very unstable ground, now the governments are trying to fix this by printing more money as they always do but even if that could be enough to somehow alleviate the crisis for the moment during the next year we are going to feel the effects of that much money being printed, so what can we do? Not much except to protect yourself and your family from the worst effects of the crisis that it is to come.

I am among those who think that printing money in the right conditions is the right thing as long as the goal is for a productive project not for consumption. Productive projects are the driving force of the country's economy. The solution to the crisis resolution by way of debt to the IMF, world banks and debt to other countries is very improper at this time, let alone aimed at closing the consumption budget especially if consumption is imported.

Even if I like bitcoin and the fact that no one can print it at will I get what you are saying and I agree, printing more money under the right circumstances and using that money for the right things could be a way to get out of a difficult situation especially when so much is at stake around the world, but this crisis could not have come at a worst moment, some of the most powerful countries of the world were already carrying huge levels of debt that were unsustainable because of the 20008 crisis, and what it is even worse that crisis was never really resolved, that is why we are not only facing a health care crisis we are now also facing an economic crisis and thing will only get worse from now on.

[Rosilito]

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Things will take a lot of time to be normal , till then how will the economy survive?

IMO, it is not about how the economy can survive, it is about how we can solve the crisis or the virus itself as soon as possible. It seems that there were individuals, and families who weren't cooperating with their community their were still who defy orders, and that's the big problem. If people would remain prioritizing their pride over a simple order, controlling the amount of infected, and would be affected by this virus would going out of hand by the authorities. Thus, cooperation is the only key to solve this crisis so that numbers would remain under control. Unfornately, economy set to suffer as well, no one's excuse on falling down in this time. Economic recovery, will be settled once the virus that causes it to fall is gone.

[Emitdama]

How to make government will easy to understand about feature using bitcoin and altcoin as legal payment transaction, I think always have politic society about will legal bitcoin as currency or not because when government get fee commission they will got legal using bitcoin in their country.

Yes, but it seems OP is talking based on what is happening in the US to judge what's happening in other countries. If they are doing their best to distribute food to those that are poor, then they are even trying. There are some places where the government doesn't care about the poor, it's only the rich that's surviving in those countries.

Everywhere in the world, the rich people are usually lucky. When things like these happen, they already have enough foods stocked up and won't feel whatever that's going on. They can stay indoors for long. But for the poor, it's not the same. There are even those that don't have homes to go to, they sleep on the streets.

[abhiseshakana]

How to make government will easy to understand about feature using bitcoin and altcoin as legal payment transaction, I think always have politic society about will legal bitcoin as currency or not because when government get fee commission they will got legal using bitcoin in their country.

The government is very familiar with the characteristics of bitcoin. The state intelligence has observed cryptocurrency and altcoins so that they can map the benefits and disadvantages. Thinking for the country is very different from thinking for families or communities. From the results of long-term research and observations about bitcoin and altcoins, the government decided to only trade it, allowing it as a means of payment. But no one has revolutionized the economic system from fiat currency to a decentralized system with bitcoin.

In the state principle, community interests must take precedence over individual interests. Avoiding difficulties must be prioritized over seeking benefits. Larger losses cannot be accepted to eliminate smaller ones. Greater benefits cannot be sacrificed for smaller benefits. Conversely, smaller hazards must be accepted/taken to avoid greater hazards. Smaller benefits can be sacrificed to get greater benefits.

[pragna]

With the society collapsing , I fear for a common man , I fear for the families who were already living on the edge and now without any jobs , without any money , they are surviving on the brink .
Yes the government is distributing food for the poor , they are doing whatever they can , but it is not enough .
Just like , we are able to transfer our education system , all online in a matter of days , why are they not doing the same for most of the offices ?
Even at the time of the crisis , corruption still can be seen , when a country which is considered the most powerful , the US , when the people cannot trust the president itself , who can they trust at that time ?

I do know that people engaged in cryptocurrencies are way ahead of the time, so do you guys think there is a way by which jobs can be provided to the needy because we all know that a vaccine is 12-18 months away .

Things will take a lot of time to be normal , till then how will the economy survive?

Actually this is not the proper time to think for cryptocurrency from government side i think because government can not engage maximum people in crypto system at this situation where they have no vast idea about this system. At present time they must have to recover what they have that is one week before of examination we do.

[Barbut]

If you really expect something from governments then you are in delusion! They do what they want, they help whomever they want, they are a centralized group of people and they do what they want to do! They don't ask us is it smart, is it good, but they are using our own money for their own agendas! I don't expect from the government to understand crypto, I expect us to change the system and replace governments with Ethereum!

[brotherwood12]

what we can do right now is praying and stay at home , so we will not spread the virus to other and will ligthen up to the goverment i guess

[coinfinger]

I also worry about such people , but will the government be able to reach out to all these people? It's also best for those of us who have enough to give out from what we have to the poor people in our society that have nothing. This kind of case is a serious one in some African countries with corrupt leaders. These poor people are sure going to die in hunger especially with this lockdown.

I am not happy that this kind of situation is affecting them, because they have the worst government on earth. They have a government that doesn't care for the people. Imagine these people wouldn't have where to run to; if they should go outside they will have to face Coronavirus, and if they stay indoors they will have to face hunger.

[Averim]

Somehow the economic system has to be reboot and all the essential domains should open their gates. If we dont work things will get much more complicated than it is in current status. Usually with hunger commes social violent issues, nobody will stay at home when the children hunger.

[Nhor1011]

With the society collapsing , I fear for a common man , I fear for the families who were already living on the edge and now without any jobs , without any money , they are surviving on the brink .
Yes the government is distributing food for the poor , they are doing whatever they can , but it is not enough .
Just like , we are able to transfer our education system , all online in a matter of days , why are they not doing the same for most of the offices ?
Even at the time of the crisis , corruption still can be seen , when a country which is considered the most powerful , the US , when the people cannot trust the president itself , who can they trust at that time ?

I do know that people engaged in cryptocurrencies are way ahead of the time, so do you guys think there is a way by which jobs can be provided to the needy because we all know that a vaccine is 12-18 months away .

Things will take a lot of time to be normal , till then how will the economy survive?

Government can't afford to sustain peoples daily needs. They provide food good for 2days only then after two weeks before they give another foods for 2days again. How people live in that way? Crypto is a good opportunity and alternative jobs but are those people know about crypto? Also bitcoins value now are dropping because of those who sell because maybe they need money also for their foods. We are all in difficult situation right now.

[conhela]

Government can't afford to sustain peoples daily needs. They provide food good for 2days only then after two weeks before they give another foods for 2days again. How people live in that way? Crypto is a good opportunity and alternative jobs but are those people know about crypto? Also bitcoins value now are dropping because of those who sell because maybe they need money also for their foods. We are all in difficult situation right now.

Oh yeah, many goverments are positioned in the perfect place to be parasites, and instead of avoiding it at all cost, succumb to it. I don't know the solution to all but I know that a lot of countries would do much better if people weren't so corrupt and selfish.

[BuNga_cute]

The government should realize and be able to understand that cryptocurrency is the fastest solution to be able to get income in such situations
now. Because cryptocurrency can help people get income from trading or investing. The government must immediately legalize cryptocurrency,
the faster the better. I can at least now get income from trading, the results can be to buy daily needs.

[hung58bitcoin]

I think in the present time there are some jobs for low-level people. Take my country for example, in Vietnam, people with low levels of food delivery work to  families through GrabFood. In addition, the government of my country has many policies to support poor workers such as monthly cash benefits. In addition, charities invented "rice ATM" to distribute rice to the poor for free.