Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Absolute on October 19, 2020, 07:12:22 AM
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We are all aware that Covid-19 shut downs all of the businesses that have the mass physical contact and all transactions have stopped. The situation had brought a global economic crisis the reason why business men, investors, common people, rich and poor from all over the world are seeking something that can save them. There's the only one great choice that everybody has and that is the digital world. The only place where pandemic couldn't penetrate as much as it can like what it does in the physical world.
Therefore I could say that this will be a good opportunity for cryptocurrency and every online business related to crypto that has something to what everybody's looking will shine.
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The ongoing pandemic has caused the whole world to be upside down. We are experiencing now a different normal hence there are many industries that lost their footing in the marketplace and there are some few emerging winners. Of course, when we are talking on winners, cryptocurrency is shining and is getting more adoption from the people. In fact, we will soon have CBCDs which are testament to the fact that we are now in the digital age so money has to be digital too. Businesses are rushing to go online and this is pushing eCommerce to new heights, a big factor that can also be helping cryptocurrency.
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yes of course we must be concerned about conditions like this because the pandemic has damaged many economies throughout the country.
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The coronavirus pandemic really made people look at cryptocurrency in a new way and aroused great interest in it. On the other hand, it is forcing governments to move more towards using non-cash payment methods and to reduce the circulation of cash, since they have become carriers of this virus.
It is also expected that the coronavirus could have a positive impact on cryptocurrency in the event that it leads to the onset of a global economic crisis. The crisis is causing hyperinflation and this should force people to invest in cryptocurrency to save their money from depreciation.
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What do you mean by the asset of crypto? Because the pandemic can influence the price to be higher?
So, never say so that Pandemic is an investment or part that really makes the crypto world feel so right. Here, we must hope for the end of this pandemic in order to have the real-world and also exact time movement.
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Covid-19 All the business in Pandemic has been shut down, but the crypto business is growing further, and the digital platform is getting promoted. And the trend of cryptocurrency currency is being encouraged.
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The ongoing pandemic has caused the whole world to be upside down. We are experiencing now a different normal hence there are many industries that lost their footing in the marketplace and there are some few emerging winners. Of course, when we are talking on winners, cryptocurrency is shining and is getting more adoption from the people. In fact, we will soon have CBCDs which are testament to the fact that we are now in the digital age so money has to be digital too. Businesses are rushing to go online and this is pushing eCommerce to new heights, a big factor that can also be helping cryptocurrency.
Very well said. A very informative information and a big help to my urge to learn more in cryptocurrency. Thanks mate.
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Truly the pandemic have put digital technology in spot light. Many are now aware of how much can be done remotely and also attracted people to look into digital currency. More people have joined the crypto space within this pandemic era.
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This pandemic is bringing people to stay at home, it is creating a huge boom in the digital sector. People on the other hand are starting to look for other alternatives to save their money in times like these and cryptocurrencies do this job very well.
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We are all aware that Covid-19 shut downs all of the businesses that have the mass physical contact and all transactions have stopped. The situation had brought a global economic crisis the reason why business men, investors, common people, rich and poor from all over the world are seeking something that can save them. There's the only one great choice that everybody has and that is the digital world. The only place where pandemic couldn't penetrate as much as it can like what it does in the physical world.
Therefore I could say that this will be a good opportunity for cryptocurrency and every online business related to crypto that has something to what everybody's looking will shine.
This pandemic has taught us many things, from awareness of the health of ourselves and those around us, etc. And I think people have also realized that digital money like cryptocurrency is the right choice in today's pandemic, because people don't have to be in touch with physical objects like money to buy an item. With just one scan, their shopping is paid off. I also think that this is a golden opportunity for the cryptocurrency market to grow and attract many people.
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The coronavirus pandemic as a whole has increased the popularity of cryptocurrency among people and has attracted the attention of even states and their governments. A long period of forced isolation and the loss of jobs by people forced people to look for additional income on the Internet, and the most attractive in this regard, of course, was cryptocurrency.
States began to pay attention to digital payments when it was found that cash is the carrier of the coronavirus. Therefore, they have been more active in developing their own stablecoins of central banks, which also increases the popularity of cryptocurrencies, because people see that states are using the same technology that decentralized cryptocurrencies work on.