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What is your thoughts on the possibility that Bitcoin adoption might increase, because there are more focus being placed on eCommerce? Do your government also encourage eCommerce during the "Lockdown" and are you seeing a increase in the merchant adoption of Bitcoin payment options?
This pandemic led to a revolution in trade and payments. When cash payments are considered too risky because they can be a means of spreading viruses and bacteria, non-cash or digital payments are the best solutions. At the moment, bitcoin adoption is still very small, and there are still many pros and cons in the system, not many countries allow this. This evolution process takes a long time so that later Bitcoin will get its role as an alternative payment, but for now, it's not optimal, the world is adapting to e-money payments.
Lockedown = Not necessarily mean that it would increase the eCommerce business. I have an small eCommerce business here in my local and it has been slowed down. Moreover, if there's not enough merchant to accept BTC, how would it be increased?
Of course this really depends on the circumstances and policies in each region and also the type of merchandise offered. If the merchandise is like a medical health device, basic needs, and other materials needed to deal with this difficulty will surely increase. Hopefully, your business can adapt well. If we think logically when physical distancing is implemented, malls and shops are limited by opening hours, then the best option is to make transactions online.