Pandemic Coronvirus Impact On Global economy

[proTECH77]

No, because covid-19 is not the reason why bitcoin is still rising in the market, that is making many traders wonder how decentralized currency, has so much power of pumping since we enter pandemic that collapsed so many countries economy.
Covid-19 make many citizens in the country lose their job during the lockdown, that make so many companies fold up because of the virus that was killing people every day by day in the country. Many are still struggle to grow their businesses that collapsed during the pandemic, that make everyone to stay at home for good 8 months.
During the pandemic bitcoin Still maintain the position of decentralized currency which corona virus could not control or any government officials. Many currencies devalue during the pandemic that was causing by the virus that was spreading all over the country where bitcoin was still maintaining, it value through out of the season that is making government to see bitcoin as a king among other cryptocurrencies.

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[TopT3ns]

The world is surrounded by the COVID-19 and so the demand for the decentralized economy is increasing as a way of maintaining social distance. Does Pandemic Coronavirus open the door for the decentralized economy? Please justify your answer.

The impact of this pandemic occurring in various countries has not made so many economic changes that it is a problem of the government being unable to lift the country's economy and also this coronavirus cannot be lost it greatly disturbs the economies of all countries to be more able to survive at this time the most important thing to make the economy it is growing and it is still gradual a decentralized economy has no effect on the country too much.

The spread of the corona virus can completely disappear and takes a very long time because until now there is still no vaccine given to the people so the potential for the spread of the virus is still strong, while the world economy which is affected by the presence of Covid has become a natural thing and indirectly the world economy is demanded to be able to adapt to the pandemic.

[Negotiation]

To the impact of the epidemic coronavirus on the global economy people are more inclined towards decentralized demand than centralized many companies are shutting down due to the economic downturn which has left most people in the world unemployed but decentralized work has not had  of an impact. Seeing is believing in bitcoin investment and helping to overcome financial problems bitcoin's price is rising due to high demand for decentralized work.

[palle11]

It completely toppled down most countries' economies which forced some countries like France and Italy into near recession. Philippines asked for trillions of pesos of loans that they will soon regret once the other countries recover. It definitely created a huge feedback that one can srgue will take a huge amount of time before everyone can recover from it.

The effect of covid-19 will be recession. The European countries like as you mentioned are not the only countries that will go into recession. Countries like India and countries around it will have financial challenges. I guess the world bank should be ready to support countries for loan to survive the problem.