Is Covid-19 carrying the growth in digital currencies?

[Coroline]

Some countries was using digital payments before covid-19 but after pandemic more countries are using cashless payments. We can say that people are in lockdown can not go from one place to another so they will payments from home with these digital currencies. covid-19 has big impact on digital currency growth. In spare time everybody has affected by this digital currency system and we expect more growth in future.

The massive collaboration and innovation that fintech continues to develop during the pandemic is also increasingly attracting public interest in using electronic money. The need is even greater, because people cannot contact directly. So we need technology to be able to transact. Second, because of the stimulus from the government for SMEs, and other informal sectors that certainly need fintech assistance, especially for those who do not have access to banks,

[Vishnu.Reang]

Some countries was using digital payments before covid-19 but after pandemic more countries are using cashless payments. We can say that people are in lockdown can not go from one place to another so they will payments from home with these digital currencies. covid-19 has big impact on digital currency growth. In spare time everybody has affected by this digital currency system and we expect more growth in future.

The trigger may come in the form of some economic policy from the government. Here in India, back in 2016 we had devaluation of certain high denomination banknotes. This created an acute shortage of physical cash, a lot of vendors and ordinary people started using mobile payment methods such as PayTM and Google Pay. Unfortunately, cryptocurrency couldn't make use of the opportunity, because at that time the legal status was unclear in India (and even now, it continues to be so).

[breathlessz]

Some countries was using digital payments before covid-19 but after pandemic more countries are using cashless payments. We can say that people are in lockdown can not go from one place to another so they will payments from home with these digital currencies. covid-19 has big impact on digital currency growth. In spare time everybody has affected by this digital currency system and we expect more growth in future.

The massive collaboration and innovation that fintech continues to develop during the pandemic is also increasingly attracting public interest in using electronic money. The need is even greater, because people cannot contact directly. So we need technology to be able to transact. Second, because of the stimulus from the government for SMEs, and other informal sectors that certainly need fintech assistance, especially for those who do not have access to banks,

especially during this pandemic where cash is seen as less hygienic, so it can spread the virus. therefore it is healthier to use digital payments. but unfortunately this opportunity has not been obtained by cryptocurrencies, due to government legalization. but the development that we can see so far is the development of the capitalization of cryptocurrencies, many people are using it to create money

[Dread Pirate Roberts]

As a result of Covid -19, in payment preferences, Many companies and authorities around the world are increasingly looking at digital currencies as an alternative way to make transactions in digitalized world. So guys what do you think about ? How will be easy the day today life after adopting for digital currencies?

In my country most workers still work from home and so do students, everything is done digitally. With the internet, those who previously didn't know bitcoin might know because of this factor, activities at home are only with gadgets and the internet. financially also with the internet. With this covid, they must definitely look for investment option or start learning investment, from the plan of learning about the stock market, and ended in crypto market.

[bengsabeng]

Some countries was using digital payments before covid-19 but after pandemic more countries are using cashless payments. We can say that people are in lockdown can not go from one place to another so they will payments from home with these digital currencies. covid-19 has big impact on digital currency growth. In spare time everybody has affected by this digital currency system and we expect more growth in future.

I agree with your opinion, this pandemic has indeed made people more familiar with digital currencies. The pandemic forces them to work or study from home, but it doesn't stop there, they also want to earn money by using the internet. after that they will most likely go to digital currency.

[SacriFries11]

Yes, because the movement of people is very much limited. It is still much safer to just stay at home and do online transactions such as buying things online, making payments and other business transactions. When it comes to investment, because of the technology and internet, most people are knowledgeable of digital currencies. It is also a peer-to-peer sharing of knowledge. it is important to learn first about digital currencies this time of pandemic.

[ziennakarishma21]

In my opinion the payment of BTC is not a complete thing, because currently there are many forms of payment such as visa or credit card or paypal, so BTC cannot be a single type of payment that everyone uses.

[Desmong]

As a result of Covid -19, in payment preferences, Many companies and authorities around the world are increasingly looking at digital currencies as an alternative way to make transactions in digitalized world. So guys what do you think about ? How will be easy the day today life after adopting for digital currencies?

Covid-19 really helped the growth of cryptocurrency during the period of lockdown where business transactions becomes an online medium, enlightening people of the need to use digital currency in transacting businesses. During this period many people started becoming familiar with the use of crypto accepting it as a means of investment and trading it to get profits due to the serious effect of covid-19 on business and firms.

[imstillthebest]

How will be easy the day today life after adopting for digital currencies?

it wont be easy at first more on to those that have a difficulty in understanding techy things but eventually it will be learned .
 they only need to put dedication  .
 life then after that would become much easier because we dont need to travel far when we want to pay someone else .

In my opinion the payment of BTC is not a complete thing, because currently there are many forms of payment such as visa or credit card or paypal, so BTC cannot be a single type of payment that everyone uses.

but you think all can use the payment methods that you mention ? they have certain requirement or age restrictions but btc is a total freedom .

[geegaw]

Some countries was using digital payments before covid-19 but after pandemic more countries are using cashless payments. We can say that people are in lockdown can not go from one place to another so they will payments from home with these digital currencies. covid-19 has big impact on digital currency growth. In spare time everybody has affected by this digital currency system and we expect more growth in future.

I agree with your opinion, this pandemic has indeed made people more familiar with digital currencies. The pandemic forces them to work or study from home, but it doesn't stop there, they also want to earn money by using the internet. after that they will most likely go to digital currency.

Except for crypto as a platform that can make money on the internet, many other forms are also being advertised, sometimes it is much better than crypto when these jobs require the expertise of the person working and can be done from home, besides, I see people prefer to do business with their products on the online shopping area. This also makes us see that the crypto market is not particularly developed, people have many directions to develop in the field they are suitable for, instead of starting with a strange and unfamiliar environment.

[jaysabi]

As a result of Covid -19, in payment preferences, Many companies and authorities around the world are increasingly looking at digital currencies as an alternative way to make transactions in digitalized world. So guys what do you think about ? How will be easy the day today life after adopting for digital currencies?

Covid-19 really helped the growth of cryptocurrency during the period of lockdown where business transactions becomes an online medium, enlightening people of the need to use digital currency in transacting businesses. During this period many people started becoming familiar with the use of crypto accepting it as a means of investment and trading it to get profits due to the serious effect of covid-19 on business and firms.

I don't think too many businesses adopted crypto as a payment option so much as adopted mainstream electronic payment platforms such as PayPal and Square as payment options.  The COVID-19 pandemic pushed forward digitalization, not necessarily crypto adoption.

[Rasa nanas]

In my opinion the payment of BTC is not a complete thing, because currently there are many forms of payment such as visa or credit card or paypal, so BTC cannot be a single type of payment that everyone uses.

yes it happens because the price of bitcoin is very volatile. this is what makes bitcoins cannot be used as legal tender. besides that there are still many things that must be studied about the circulation of bitcoin, especially if bitcoin is used as a means of payment that is accepted by everyone.