The Role of Cryptocurrencies in Pandemic Times

[Bangbok Escrow]

This pandemic period is very detrimental for all of us, especially financial problems. Luckily I have been working on #Crypto since 2017 and this year I found EquilibriumDeFi to boost my finances.
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi

How about your experience?

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[Mauser]

This pandemic period is very detrimental for all of us, especially financial problems. Luckily I have been working on #Crypto since 2017 and this year I found EquilibriumDeFi to boost my finances.
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi

How about your experience?

Crypto currencies have been a good way to increase my returns over the last few years as well. The problem with traditional saving accounts at a bank is that for the last 10 years, there were almost no interest being paid. The banks cut their interest rates they give to customers to almost 0% while at the same time increase monthly banking fees drastically. A few years back banking was free for most account, now every bank account has to pay atleast 3-5 USD per month. Crypto currencies are a great way to make back that money lost in traditional banking.

[Teraboy]

This pandemic period is very detrimental for all of us, especially financial problems. Luckily I have been working on #Crypto since 2017 and this year I found EquilibriumDeFi to boost my finances.
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi

How about your experience?

The pandemic has been forcing a lot of people to do their jobs online. I know that you are promoting your project but is not it better if you create an announcement thread to get more awareness and you can also discuss your project with the members in this forum?
This is my 2 cents dude.

[saffira]

This pandemic had caused panic and fear to us and was forced to study and work online.
Cryptocurrency makes easier for me to do online transactions. Also, I experience financial problem but with the help of crypto, we survied.

[Sterbens]

In simple terms, it can be interpreted as an alternative to developing the economy. In addition, the policies of each country require its citizens to work at home, and work online. This is a strong driver as one of the big crypto adoptions from mid-2020, exploded at the end of the year, and continues to grow in early 2021. Then everyone is already in the comfort zone and accustomed to things being folded online.
to support the economy and increase daily costs, people end up thinking that crypto can tackle the economy during a pandemic.

[X-ray]

This pandemic had caused panic and fear to us and was forced to study and work online.
Cryptocurrency makes easier for me to do online transactions. Also, I experience financial problem but with the help of crypto, we survied.

It's not only that dude but crypto was also giving the more opportunities for people to earn more money through trading and various online activities. The pandemic has been forcing so many people to do this.
So many people can get the help from their financial crisis. It's not only that but crypto gives more opportunity for the people to move from the centralized financial system to the decentralized financial system.

[crwth]

Is EquilibriumDeFi the reason why DOT is high right now? I'm amazed at how much it has increased in price. I hope there can be a decrease in price so that I could get a piece of it. I noticed that the description in the account has polkadot in it. That's why I asked the question (if you're just wondering, OP)
 
Anyway, it has kept me in quite a comfortable position ever since because, with the current happenings, everything is not as it seems, and the demand for crypto is higher than ever. It's just a shame that I have to withdraw my stacks because of the need to stay afloat with the expenses racking up due to the pandemic. There are grants and leeway by the utility companies, but you still have to pay it. It was quite challenging TBH.

[Reid]

My experience might not be as good as yours but I am happy with all my decisions.
First, the investment plan. Instead of keeping it in banks, I put my savings in cryptocurrencies especially Bitcoin.
Now I am in profit but still have no plans of selling it.
I have other coins though like Ethereum and XRP. XRP sold out and Ethereum being sold little by little if needed.
Just imagine if I kept it in banks. My $1000 will still be the same and it could have been gone now for necessities.

[BlackRexuz]

This pandemic period is very detrimental for all of us, especially financial problems. Luckily I have been working on #Crypto since 2017 and this year I found EquilibriumDeFi to boost my finances.
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi

How about your experience?

The role of Cryptocurrency is actually very helpful where everyone has lost their jobs, even the economy is very badly damaged even though it is not as bad as we imagine, actually the role of Cryptocurrency is being used by everyone to seek additional income from the effects of this pandemic, many people are looking for their fortune in the Crypto world, it is very The severe impact of the Covid-19 pandemic has made many people lose their jobs and livelihoods, I can't stop thinking what about people out there who don't know cryptocurrency, they have to think hard to find income during this pandemic, while they lose their jobs and plus the economy has declined very drastically, of course many companies have suffered huge losses, and of course there are so many people who are looking for work, can we all help them to teach them so they can get money in the world of Cryptocurrency! !

[kindbtc]

This pandemic period is very detrimental for all of us, especially financial problems. Luckily I have been working on #Crypto since 2017 and this year I found EquilibriumDeFi to boost my finances.
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi

How about your experience?

Yeah, during pandemic and lockdowns crypto has not only given people a new tech for payments and transfers but an alternative investment market as well and i think that crypto has now started to receive the limelight that also shows that we are moving closer to mass adoption. Also DeFi which is a product of crypto has provided alternative financial services to people also they can make side or extra income utilizing defi so overall crypto has really supported the masses during pandemic and it has emerged as a winner.

[Chainsmokers]

during a pandemic, only crypto can generate large and small amounts of money for users who already understand about the crypto world can be from investment and other activities as you do with current conditions making market conditions even better than before many coins go to the moon and was surprised the price was can high

[youdacapt]

Crypto currencies will pay important role either there is a pandemic or not; i say this because crypto currency serve as a means of payment; and it is presently being adopted to cushion and put under control the pandemic i.e if you use crypto currency tokens for payment of service; there will be no exchange of fiats; which could spread the covid19 pandemic. It doesn't have to be the token you are shilling, it can be etherum, litecoin , tron or xlm

[bitgolden]

Cryptocurrencies has been really helpful at this time of the pandemic. Ever since the first lockdown was declared it seems a lot of people went hungry and despite that there are increasing cases of the Covid-19 virus, when you go to banks you’re going to see crowd starting from the outside of the building, and being in this crowd is a huge risk, so I have stayed clear from banks, all my transactions has been online, either using bank apps or cryptocurrency apps. And I have been able to do a lot of cross border transactions with the help of cryptocurrency without having to go to bank.

I guess people who save or leading their life along with cryptos might have got chances to escape from hitting by worst economy situations triggered by pandemic but now everywhere economic conditions are slowly recovering hence role of cryptos while pandemic times may not remain a topic anymore.

[safari88]

This pandemic period is very detrimental for all of us, especially financial problems. Luckily I have been working on #Crypto since 2017 and this year I found EquilibriumDeFi to boost my finances.
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi

How about your experience?

i've think that defi really has a good future. i've heard a lot of traders are trading this coin, in regards with the crypto's role in the pandemic i really don't think it has a big role since right before the pandemic i've been into cryptocurrency already.

[Kupid002]

This pandemic period is very detrimental for all of us, especially financial problems. Luckily I have been working on #Crypto since 2017 and this year I found EquilibriumDeFi to boost my finances.
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi

How about your experience?

No questions why this coins help you a lot this is the year of defi and many people really earn a lot from it. It will end soon how ever the earnings give by many defi project helps a lot of many people in different country since 2020 up to this day where most of the dedi project boom and even make a new ATH on its price.

[Xardasim]

This pandemic period is very detrimental for all of us, especially financial problems. Luckily I have been working on #Crypto since 2017 and this year I found EquilibriumDeFi to boost my finances.
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi

As far as I understand, these project owners recently launched decentralized stable currency(EOSDT) based on EOS. But looks they did not get the expected attention. Volume is $5,798 and the highest/lowest price in 24 hours: $0.9383 /$1.00(it is too much for stablecoin). Will they do better with the new platform?

[jossiel]

I'll just ignore the defi that you have mentioned. But during this pandemic, we saw how crypto helped each of us. When you were saving it before, you have a fund that you can sell and use it with a justifiable purpose. Many jobs were lost and many companies laid off their employees.

And if you are one of those that have been badly affected, you were lucky to have something to pull off from your crypto portfolio and sell it in cases and times like the pandemic. With all of those stats report I've read, there is also a surge from non crypto people that just entered crypto and made them realize that this is real asset and money,except the scam cryptos.

[Oilacris]

This pandemic period is very detrimental for all of us, especially financial problems. Luckily I have been working on #Crypto since 2017 and this year I found EquilibriumDeFi to boost my finances.
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi

How about your experience?

Nah, you are just shilling out Equilibrium project.On the other hand about on the role of crypto in this pandemic times then i can say that it is indeed very helpful when it comes to finances.

I do also had some jobs or tasks that do pays out bitcoin which do eventually help me to sustain my living with it.Its not that permanent though but it is somehow make me able to survive this
very hard times.

When it comes to investment then i do make out some trades and do even hold up some coins which i do eventually able to make profits.
Not that much but still a significant amount for me to live.

[sunny28]

Many people write that this is a very difficult time for people, it is difficult for them to survive and only the distribution of Bitcoins helps.
Basically, the consequences affected only entrepreneurs who already have money to support themselves in such situations.
And no one has the right to fire you from ordinary government work, unless your office is closed, and mostly very small business projects are closed.

At the expense of my history, I did not feel all these consequences of the pandemic, for me, as it was, everything remained, most likely due to the fact that this did not affect my profession in any way, the advantages of working remotely. Therefore, I don't even have any history here, everything is as it was and remains.

[cilgindansci]

During the epidemic, people sought ways to save their money. This situation aim people to research cryptocurrencies. Ethereum was one of the currencies that increased in value the most. DeFi projects, on the other hand, produced very powerful technologies with Ethereum. I think these successes will continue for a while, so I will investigate this project.