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Author Topic: The pandemic did push the world towards a more digital age.  (Read 1266 times)
JohnBitCo
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October 29, 2020, 04:54:47 PM
 #61

The pandemic did push the world towards a more digital age. ..
Actually, before the pandemic, the digital age has been emerging and developing. However, not many people and parties are aware and concern about this term. They probably still do not have any idea about why should be digitalization. Sometimes, digital systems also are considered having lacks more than manual.
of course, it will depend on what kind of digitalization, what kind of utility, and also where it is.

However, after this pandemic, many more people are aware of something very usual but like new, it is about more digitalization. I think that it still has the chance to be more and more popular again by using the digital age

The importance of E-commerce business is increased a lot in this pandemic and companies are now thinking to develop their own e-commerce stores. The companies will only survive if they start working on this concept and realize how the world is changing digitally.

Also those companies who has their digital presence and those freelancers who used to work online, were the least effected in this pandemic. The physical stores were closed, the offices were closed too and people lost their jobs but those who were used to work online survived and they have very little impact on their earnings.
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October 29, 2020, 09:16:52 PM
 #62

For the title it is not pandemic that push the world to digital age but the world was already operating as digital age before covid-19. We are in the digital age already, the pandemic because one of its factors of prevention is to avoid physical contact which fiat was found to be contractor, therefore cryptocurrency became the safe heaven for use
The virus locked us out of our home, they did technically push us in innovating further in digital age. A lot of people appreciated the beauty and convenience of online transactions and in the long run more people will be supporting progress rather than conservative technologies.

This is just a beginning of digital age! In our human years 10-20 years can sound a lot, but for age it's like nothing! We can't say that we are in digital age when many people don't know what digital is in the first place! Simply you can't compare people who live in some big advanced city, in advanced country, with all those people who live in third world countries, with poor conditions!
So this headline is accurate, the pandemic did push the world, as a whole, in a more digital age, because many people that didn't have connections with digital stuff started to use them! We will have to wait many more years to see real adoption on all levels, in all parts of the world, but it's coming, this is just a beginning! Our kids and grandkids will say to us how old we are and how we don't know anything about new stuff!

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October 29, 2020, 09:48:02 PM
 #63

I do not agree,

This pandemic just only give everyone the opportunity to experience technology and not exactly push the world towards a more digital age. What I mean is. We did not see a movement with the technology, there is no new things, we just only see the increase of users of the current technology.

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October 29, 2020, 10:17:46 PM
 #64

The shifting from the traditional going to digital have been boosted due to the existence of this pandemic all due because it is the call for the situation since we cannot just stop all transactions that we usually execute through traditional ways just because the pandemic have entered the frame. People as well as the businesses have learned to adapt and find an alternative way on how they can still be able to continue their daily life ventures just like the normal days of their lives and that is by engaging into digitalization wherein no physical contact, also provides fast and seamless transactions and which I guess we, people at this pandemic is already being familiar that even we get back to normal, we are still be into digital since it has been almost a year since we have been into more digital than traditional.

Digital have not started just right here in pandemic. This situation have just boosted the shifting of people from the traditional going to digital which we are all aiming for, the adaption of people going towards innovation using modern technology. It is just that the way on going into it is bad as meant due to the pandemic.

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October 30, 2020, 01:34:09 AM
 #65

I do not agree,

This pandemic just only give everyone the opportunity to experience technology and not exactly push the world towards a more digital age. What I mean is. We did not see a movement with the technology, there is no new things, we just only see the increase of users of the current technology.

The pandemic was not an opportunity for the world to move towards digital era, rather it was a crisis which the world had to face. Even if people used the online products or digital currencies during this time but they were not using it out of their own will, in most cases they did not have the alternatives choices.

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October 30, 2020, 01:54:44 AM
 #66

I agree with this, in fact many people do online business than going into face to face business because of lockdown in most of the places around the world. Because of this, online business urges many people to earn their basic needs and necessities, and due to this online transactions also used, and fiat aren't often used rather crypto can be used as online payment by ordering online selling.
I'd been dealing with online transaction and business since March when Pandemic happens. I started with foods, then some home items and clothes. It's indeed better to be at home and deal online than the risk of going somewhere else. So having different online ways to do transaction and payments is much easier than it was before. I also accept crypto in selling of my items but only one use that option to pay they prefer still to do it via mobile banking and some still want the hassle of going in remittance center to pay.

.
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CODE200
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October 30, 2020, 04:03:09 AM
 #67

I do not agree,

This pandemic just only give everyone the opportunity to experience technology and not exactly push the world towards a more digital age. What I mean is. We did not see a movement with the technology, there is no new things, we just only see the increase of users of the current technology.

The pandemic was not an opportunity for the world to move towards digital era, rather it was a crisis which the world had to face. Even if people used the online products or digital currencies during this time but they were not using it out of their own will, in most cases they did not have the alternatives choices.
Quite true. The pandemic forced most of the businesses and and people in general to engage into online activities as alternatives of what is 'usual'. Many people are exposed to technology during this time but that is in contrast with technological development and innovation towads the future because the process is innovation due to a certain problem but there's no innovations mainly on technology that much to trigger a digital age, there is just an increase in exposure which I think is another story. Innovations are even quite slowed by this pandemic due to the limitation of production and trade of materials across countries. Innovation of the vaccine I think is more on medicinal progress than on technology.
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October 30, 2020, 04:37:41 AM
 #68

The world were moving towards "the more digital age" before the pandemic. Even if the covid collapse hadn't happened, the world would have become digital one day. The pandemic hastened this process only.
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October 30, 2020, 04:53:45 AM
 #69


The 'pandemic' did push us to a new digital age in the following ways:

1) The process of the 4 day work week ..is LESS controversal now...especially with people working at home and setting their own hours. Seems
that if you work at home/and/or can set your own hours you seem to able to get all your work done and take Friday's off! Smiley

2) According to we will change the way we work. https://www.bbc.com/worklife/article/20201023-coronavirus-how-will-the-pandemic-change-the-way-we-work...so maybe a lot of work will stay remote and at home.

3) Online sales will go up even more. Today they said Amazon saw a whopping 37% increase in sale...so lots more people with cut hours and/or no work.
     https://www.cnbc.com/2020/10/29/amazon-amzn-earnings-q3-2020.html

All of above will have a lot of effect on Bitcoin/Crypto..myself unsure of how good or bad this is...but as to digital age stuff moving faster it already has been
due to the pandemic, IMHO and likely to accelerate. Smiley

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October 30, 2020, 04:58:00 AM
 #70

Since we are already in the digital age, E-commerce services are needed in this pandemic period. this is one good service where everyone doesn't want to leave the house and this way is safer.
Similarly, people who have adopted this cryptocurrency are an excellent alternative option for payment transactions or into business such as trading or investing.
But certainly with all the risks that already exist.

/font]
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October 30, 2020, 05:57:31 AM
 #71

It clearly shows that Companies and businesses that put E-commerce at the the forefront of their business are ready for the new digital age that is emerging from this pandemic, while those that operate with cryptocurrency in addition to e-commerce will have the ultimate edge over others. No wonder the already existing companies are incorporating bitcoin (cryptocurrency) related services to their already exiting services, for example PayPal. What a great time to be Bitcoin Enthusiast.

Actually Bitcoin didn't benefit from the growth of e-commerce so far. Bitcoin still has problems with high fees and volatility, and some smaller problems like hard user experience, so it's still not a payment method that can be quickly mass adopted, even if some circumstances make it more desirable. And in this case of pandemic, Bitcoin's competitors like PayPal have benefited more, so there's no silver lining for it here.
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October 30, 2020, 05:58:50 AM
 #72

In fact, it's hard to mention that the epidemic has pushed the planet into a more digital age. But now everything is trying to enhance by following the digital method. Rising in tandem with technology. Digital technology is at the middle of today's economic development thanks to its widespread use during the Covid-19 outbreak. While there's little question that the epidemic is indulging within the adoption of latest technologies, technological advances have already changed the planet over the past starting with the standard of our lives and therefore the nature of our work.
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October 30, 2020, 06:04:55 AM
 #73

Yeah a lot of people now have changed the method of payment they are using, and going digital means that they will come to know more about Bitcoin and other digital payment methods there are

But that aside I wouldn’t say that I’m happy about the pandemic, because it ruined a lot of things and has caused inflations, things are now like twice of what you would have gotten them from stores before the pandemic, seriously, and it’s annoying.

it’s good that it has changed people’s view and more are going digital, but this is something that would have happened with or without pandemic.

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October 30, 2020, 08:48:12 AM
 #74

Not really that shocking to me if people actually got involved with crypto a lot more during this stage, anyone who has been around for the past 10 years would know that whenever there is a problem with the regular fiat world, people move to crypto. However you have to make sure that what happens needs to be something that doesn't destroy wealth but just destroys wealth in one specific market.

Stocks are not amazing right now because covid made sure not all companies make a huge profit, sure maybe amazon did because it is online shopping place in a covid ridden world but car sales are not, oil is not, so there is tons of companies that didn't. Which goes to show you that if you can move your money to be profitable via online stuff, such as crypto as well, you could make a great return no matter what, even in a world where everyone stays at home.
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October 30, 2020, 08:55:45 AM
 #75

Pandemic has made more things to go digital. Few of which gets more importance and a massive transition from traditional to digital age are

  • Educational Sector e-learning
  • Digital Stores without employees
  • Live consultation of Physicians
  • Digital Payments have increased a lot
  • Judicial Activities

Beyond this leaders have started to have any form of agreement and discussions online. This causes huge revenue gain to the country, because these people travel with luxury on people's money and end of the day it will be a trip and nothing beneficial to the public.

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October 30, 2020, 09:31:11 AM
 #76

Not really that shocking to me if people actually got involved with crypto a lot more during this stage, anyone who has been around for the past 10 years would know that whenever there is a problem with the regular fiat world, people move to crypto.
problem with fiat isnt only the reason for people to get involved on crypto but people involved on here because they find crypto interesting , they think crypto can give them some wealth or can solve thier financial problem especialy these time where we are hit by the pandemic .

Stocks are not amazing right now because covid made sure not all companies make a huge profit, sure maybe amazon did because it is online shopping place in a covid ridden world but car sales are not, oil is not, so there is tons of companies that didn't. Which goes to show you that if you can move your money to be profitable via online stuff, such as crypto as well, you could make a great return no matter what, even in a world where everyone stays at home.
covid dont have the ability to punish people to make them earn less but its the effect of covid that makes things difficult right now . whats the difference of amazon and stocks when both of them are  online ? stocks where infact have an advantage because people can invest on it  . it only depends on how you use them to make your life feel better . anyway life is not going back to normal , cars where now allowed so the demand for oil are now back also
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October 30, 2020, 09:54:47 AM
 #77

There are still problems though.

One of the most popular and most visible is that not all of us are ready for that digitalization, as my friends call it. There are a lot of countries that still can't support this and that is why they are struggling in this new meta. I think it still needs more time, which if we will be talking about against the pandemic, time that already ran out.
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October 30, 2020, 10:33:09 AM
 #78

There are still problems though.

One of the most popular and most visible is that not all of us are ready for that digitalization, as my friends call it. There are a lot of countries that still can't support this and that is why they are struggling in this new meta. I think it still needs more time, which if we will be talking about against the pandemic, time that already ran out.
^ I must agree that pandemic did not push us to the digital age since prior to this covid 19 pandemic most of us already use digital transactions but because of the lockdown, we were able to realized and maximize the utilization of digital transactions. As an employee of e-commerce I can say that because of this pandemic we experienced a big leap in our sales compared to the days when we still do not have this pandemic but I also want to reiterate that I am not enjoying this lockdown because I just want to say that it can be beneficial to some industry but the majority remains suffering from this so I conclude that it is still not good. Going back to the post of OP, we are forced to embrace the digital age, and industries or businesses are getting prepared for this sudden change but the question is do people or ordinary citizens are already equipped for the changes? Globally 1st world countries can easily adapt to these changes but how 'bout the people from 3rd world countries where technologies and accessibility to the equipment needed for this digital age are not abundant as with the 1st world countries, how will they adapt and survive?
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October 30, 2020, 11:01:20 AM
 #79

There are still problems though.

One of the most popular and most visible is that not all of us are ready for that digitalization, as my friends call it. There are a lot of countries that still can't support this and that is why they are struggling in this new meta. I think it still needs more time, which if we will be talking about against the pandemic, time that already ran out.
^ I must agree that pandemic did not push us to the digital age since prior to this covid 19 pandemic most of us already use digital transactions but because of the lockdown,

Some use it already but some are not but what good thing brought by pandemic is many people notice the importance of digital transactions since it will make us fell at ease by paying the bills at home and also they create some opportunities towards the merchant who adopt it in this time. But I will glad more if cryptocurrency will get a limelight these days since so far as I see the digital payment option offered by banks are the one who get adopted.

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erikoy
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October 30, 2020, 11:08:50 AM
 #80

That is a big yes for me as to avoid the spread of the contagious disease all transaction were advised to be online or to use digital options that include the procedure of payment.

Here in our place the government had decided to open the economy to all that will enable for those jobless now to apply for a job and then earn salary in return getting into risk of getting the virus. We know that wearing of facemask, observe social distancing and wearing of face shields are just the minimum protection that can help stop the spread of virus.
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