Traderbtcc
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November 30, 2020, 02:44:19 PM |
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I think the world has already been pushing towards the digital age,(e-commerce) even before the pandemic kicked in, just that the pandemic made it real clear that e-commerce is the future, since physical cash was unsafe to use during the pandemic period, as it was easy to get infected through it, so people started looking for a better way to do transactions without exchanging physical that's where cryptocurrency came into action.
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Vishnu.Reang
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December 01, 2020, 07:04:00 AM |
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Yeah, working from home is one of the positive sides of this Pandemic as the environment is less nerve-wracking and the person's stress is decreased. However, not every job can be done from home, people also need to attend the workplace and many people have lost their position as well. For them, there are plenty of jobs and the opportunity to work and earn income through the online market, including crypto related business.
Obviously when the economy shrinks by 20% or 25% in less than a year, you can expect a sharp jump in unemployment. And it is not easy for them to suddenly look for online jobs. The number of jobs available online has remained the same. It hasn't increased proportionately with the number of people who are searching for such jobs. The competition has increased and as a result only the most skilled individuals can get such jobs nowadays.
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GeorgeJohn
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December 01, 2020, 07:33:45 AM |
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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
From my perspective I don't think its pandemic that set word forward, I'm just really confused concerning these ideology, if I may ask in what aspect of life does pandemic contribute to digital life that made people to emphasising positive about it, what digital thing pandemic render, I don't get the factors we notice concerning these, may be I need more clarification of these.
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nrvasquez
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December 01, 2020, 09:29:14 AM |
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I think the world has already been pushing towards the digital age,(e-commerce) even before the pandemic kicked in, just that the pandemic made it real clear that e-commerce is the future, since physical cash was unsafe to use during the pandemic period, as it was easy to get infected through it, so people started looking for a better way to do transactions without exchanging physical that's where cryptocurrency came into action.
Indeed, this is due to the encouragement of industry 4.0 and increasingly developing technology, but we also have to know that this pandemic is really "forcing" people to work from home or find safer ways to buy and sell goods. As a result, e-commerce has become a very beneficial phenomenon for stake holders
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Xinarae*
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December 01, 2020, 11:52:46 AM |
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Many people spend their days safely using crypto although the world is suffering from the epidemic crypto is moving at its prescribed speed. The use of crypto is turning the world digital. The use of crypto for epidemic prevention is predominant many countries are proving the legitimacy of crypto which will make the crypto world digital even in the midst of an epidemic. They are improving with the advancement of technology.
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uneng
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December 01, 2020, 01:59:57 PM |
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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
From my perspective I don't think its pandemic that set word forward, I'm just really confused concerning these ideology, if I may ask in what aspect of life does pandemic contribute to digital life that made people to emphasising positive about it, what digital thing pandemic render, I don't get the factors we notice concerning these, may be I need more clarification of these. Since governments set up lockdown and another restrictive rules people around the world tend to stay more time at home. It means people are working at home and even purchasing goods by home, through their digital devices such as computers, laptops and iphones. Internet is playing a big role in everyone's lives nowadays and it makes many physical shops and stores useless. But I agree pandemic didn't do this by itself. The world was already going to a digital age before coronavirus. And one another good reason for that in my opinion is that we have more interesting discounts when shopping online, as the costs for the store decreases through this business model (less employees are needed, no physical store expenses such as electricity, water, rent... So the store can offer better prices and discounts).
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Josefjix
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December 01, 2020, 02:06:59 PM |
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Yes it did, from the way lockdown was conducted and how it was unsafe using the physical cash and how to prevent the body system from contracting the virus, enough measures were provided by the use of e-commerce solutions during the era of the pandemic. It is now very easy to conduct millions of dollar transactions in seconds and the Covid-19 exposed the uselessness of embracing technology.
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TopT3ns
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December 01, 2020, 02:22:21 PM |
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Many people spend their days safely using crypto although the world is suffering from the epidemic crypto is moving at its prescribed speed. The use of crypto is turning the world digital. The use of crypto for epidemic prevention is predominant many countries are proving the legitimacy of crypto which will make the crypto world digital even in the midst of an epidemic. They are improving with the advancement of technology.
the use of cryptocurrency to prevent the spread of cryptocurrency I think that can only happen if cryptocurrency is used to make transactions that can replace paper currency and using bitcoin or altcoin with a payment method using barcode scanning can potentially stop the spread of this virus.
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FlightyPouch
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December 01, 2020, 02:56:58 PM |
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Many people spend their days safely using crypto although the world is suffering from the epidemic crypto is moving at its prescribed speed. The use of crypto is turning the world digital. The use of crypto for epidemic prevention is predominant many countries are proving the legitimacy of crypto which will make the crypto world digital even in the midst of an epidemic. They are improving with the advancement of technology.
the use of cryptocurrency to prevent the spread of cryptocurrency I think that can only happen if cryptocurrency is used to make transactions that can replace paper currency and using bitcoin or altcoin with a payment method using barcode scanning can potentially stop the spread of this virus. I don't think you should even think about crypto currencies when talking about this. Don't forget that we still have ATM cards that people would still use even in this situation. Fiat is still used, what is the safest way to pay right now? There are a lot of online transactions happening and is because of the online wallets available like Paypal, in our country we have Gcash, Coins.ph, Paymaya, and many more.
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glowing10
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December 01, 2020, 03:06:59 PM |
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Yes it did, from the way lockdown was conducted and how it was unsafe using the physical cash and how to prevent the body system from contracting the virus, enough measures were provided by the use of e-commerce solutions during the era of the pandemic. It is now very easy to conduct millions of dollar transactions in seconds and the Covid-19 exposed the uselessness of embracing technology.
It was bound to happen but due to Covid now it has become now main reasons to avoid fiat and move towards digital era. This will change the scenario completely as more and more countries now will start pushing digital payments and crypto as usual will lead the way here as well and this will push demands of various coins as well.
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coin-investor
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December 01, 2020, 03:20:59 PM |
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I agree that the pandemic makes the transition to digital age at a very fast rate, here in our place the malls and the shopping centers are mandated to do their transaction through cashless and even the toll gate are mandatory to do cashless, this is to prevent contact so to avoid people from getting CoVid, and our government is still finding ways for some industry to go cashless.
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South Park
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December 02, 2020, 06:22:35 PM |
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This is what I hope too, but it's not happening here. Online fiat banking is so efficient for online payments, I can't even use crypto to pay for all the online shopping I've done during the lockdown. I would be willing to use it if it's allowed, cause I feel like it's my responsibility to use it for it be mass adopted by the people. But yup, it's hard trying to use it. So we have to start from somewhere. If there's btc available, I would gladly try it even though it's expensive at some point.
And yup, we all are advancing in the technological age faster than before, students are into online classes, work from home set up for some, non stop meeting through zooms, but I think after it all got back to normal, we will all have face to face meetings soon.
I really think that there are going to be a lot of things that are never going to go back the way they were, and one of those are business meetings, businesses spend a lot of time and money in sending executives all over the world to try to close down some deals and this was incredibly expensive, obviously there are some companies that can afford it but many small companies are probably going to change the way they operate and instead they will prefer to use online meetings instead and save themselves the money.
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Smartprofit
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December 02, 2020, 08:20:28 PM |
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This is what I hope too, but it's not happening here. Online fiat banking is so efficient for online payments, I can't even use crypto to pay for all the online shopping I've done during the lockdown. I would be willing to use it if it's allowed, cause I feel like it's my responsibility to use it for it be mass adopted by the people. But yup, it's hard trying to use it. So we have to start from somewhere. If there's btc available, I would gladly try it even though it's expensive at some point.
And yup, we all are advancing in the technological age faster than before, students are into online classes, work from home set up for some, non stop meeting through zooms, but I think after it all got back to normal, we will all have face to face meetings soon.
I really think that there are going to be a lot of things that are never going to go back the way they were, and one of those are business meetings, businesses spend a lot of time and money in sending executives all over the world to try to close down some deals and this was incredibly expensive, obviously there are some companies that can afford it but many small companies are probably going to change the way they operate and instead they will prefer to use online meetings instead and save themselves the money. I agree with you. Our future is a world in which virtual reality will play a big role. Office workers can now work from home. Meetings and business meetings can be held remotely. Imagine workers studying their profession in a virtual simulator. Commercial real estate prices will fall. Residential real estate will acquire great importance (now it is not only a house, but also an office). Will the tourism industry recover? I think no. There are several reasons. First, the Covid-19 pandemic, and secondly, the general drop in the standard of living of the population.
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sapnu
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December 02, 2020, 11:08:23 PM |
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I agree that the pandemic makes the transition to digital age at a very fast rate, here in our place the malls and the shopping centers are mandated to do their transaction through cashless and even the toll gate are mandatory to do cashless, this is to prevent contact so to avoid people from getting CoVid, and our government is still finding ways for some industry to go cashless.
Since the government is securing every place such as malls, banks, parks and etc. It is to prevent the spread of the virus. Since the banks are closed, it is better this time to use online banking and doing some cashless transactions. It is primarily to prevent the spread of the virus and it is also convenient since you don't need to go outside and go to the physical branch of that particular bank, you just need internet and some device for you to access their website.
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mich
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December 03, 2020, 07:21:45 AM |
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The pandemic did make a push towards a more digital age because they discourage people from using cash and prefer credit card or online payments.
Some of the merchants in my town will prefer if you do not use cash and they will make you put on gloves to enter store paying with cash.
Since the world is already pushing towards being more digital, this was good timing for that aspect.
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Firefox07
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December 03, 2020, 12:44:36 PM |
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This pandemic gives a big boost in digital age and in the use of cryptocurrency. Many government are pushing the use of cashless transaction. To prevent the spread of the virus.
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South Park
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December 07, 2020, 05:07:13 PM |
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I really think that there are going to be a lot of things that are never going to go back the way they were, and one of those are business meetings, businesses spend a lot of time and money in sending executives all over the world to try to close down some deals and this was incredibly expensive, obviously there are some companies that can afford it but many small companies are probably going to change the way they operate and instead they will prefer to use online meetings instead and save themselves the money.
I agree with you. Our future is a world in which virtual reality will play a big role. Office workers can now work from home. Meetings and business meetings can be held remotely. Imagine workers studying their profession in a virtual simulator. Commercial real estate prices will fall. Residential real estate will acquire great importance (now it is not only a house, but also an office). Will the tourism industry recover? I think no. There are several reasons. First, the Covid-19 pandemic, and secondly, the general drop in the standard of living of the population. I forgot about the tourism and the air travel industries which have been one of the most affected, they have been asking for money in my country and while I am sorry for them the demand of the people has switched, after all with a pandemic going on who will want to stay in a hotel room that may have been used by a person with covid and take the risk of contagion? The demand has changed and when we take into account all the people that lost their jobs and all of those fearing for their jobs the first thing they will do is to reduce spending money in luxuries like expensive vacations.
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2double0
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December 07, 2020, 05:42:53 PM |
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It's true and many food businesses are also seeing the effect of this. Most restaurants are allowing their own delivery agents and charge less compared to applications like Zomato and Swiggy which have been in the business and are trying to take advantage of the pandemic. Shopping has seen some great spikes in regards to receiving digital payments and even groceries are being purchased online now.
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bitzizzix
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December 07, 2020, 06:17:40 PM |
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The COVID-19 pandemic has forced life to adopt new norms to protect people from the increasing spread of the corona virus, this is considered capable of accelerating digitalization in a broad sense ranging from bureaucracy in the government system to the economy, and consumption which is filled online is becoming mainstream consumption nowadays. This also has an impact on digital transformation in various lines, both personally in the household realm to the organizational scale. and seen from an individual's point of view, the pandemic has driven habits of virtual contact, shopping, studying and working online.
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Argoo
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March 19, 2021, 08:11:24 AM |
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I agree that the pandemic makes the transition to digital age at a very fast rate, here in our place the malls and the shopping centers are mandated to do their transaction through cashless and even the toll gate are mandatory to do cashless, this is to prevent contact so to avoid people from getting CoVid, and our government is still finding ways for some industry to go cashless.
Yes, for the first time the world was faced with the problem of transferring a viral infection through paper money, and for the first time, states began to look for alternative payment methods that would reduce the amount of paper money in circulation. This turned out to be very good for the cryptocurrency, which turned out to be very convenient for settlements during the coronavirus pandemic. In addition, the forced isolation has increased the general interest in cryptocurrency. This all worked out very well for the current rise in prices in the cryptocurrency market.
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