I watched a Youtube video last night about the food merchants in some of the markets in Wuhan and I noticed that most of them are using electronic payment methods to pay for goods. < Wechat Pay >
Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.
People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.
This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.
I agree most specially right now where virus outbreak is very evident among many countries in the world. With the use of cryptocurrency, we can have less contact toward each other every time we make a payment which will eventually lead to the prevention of much spreading of virus. Imagine how many lives can be saved, even a country actually. We need to consider such back up plans in order for us to survive this world which is full of chaos for the past few months. We can also improve the economy of some countries while curing Corona virus.Ok, it is not Bitcoin, but if more merchants using Fiat currency can switch over to Bitcoin, you might see less infections. The reason for this is simple, because the Corona virus can be transmitted from person to person via cash being used on a daily basis.
People can also do online payments with Bitcoin to avoid handling physical cash and thus avoiding infection. It can also prevent people from being infected from a host of other viruses and bacteria that can survive for days on physical coins and notes.
This is just one more reason for people to move away from physical payment methods and shifting to a cash-less financial system in the future.