Quote from: Gladiator25 on March 06, 2020, 09:09:12 AM

Quote from: Kakmakr on February 11, 2020, 05:47:13 AM

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. Wink

Online payment are being adopted in different country and it could really save people from getting infected on different virus that can be pass through physical contact such as the latest virus, corona virus. The only downside of using online payment is when you misclick or send the money to other addresses. You cannot retrieve your money.

Yeah, but for now we cannot point out this downside of the fiat as still it is more efficient than digital payment. Just earlier I went to mall and bought a slipper, just a slipper but it took almost 5mins for my e-wallet to approve the request made the merchant and it is annoying. I thought to myself, I could go with my fiat and finish the bill within5 to 10 seconds unlike buying digitally. Although it looks like very futuristic indeed, we still have much to improve with what is on the crypto/online payment now.