Post
Topic
Board Economics
Re: The Impact of Corona Virus Disrupts the Crypto Industry in China.
by
awik p
on 12/03/2020, 03:31:03 UTC
one day before lock this thread. i hope all of you will understanding.
positive coment, positive thinking

Be a Smart people
Of course I would like to write something positive in order to raise the mood of people, but we must face the truth, since the situation with the coronavirus epidemic is difficult not only in China, but also outside this country.  Already today, the Prime Minister of Italy has announced a quarantine statement for the whole country where borders are blocked.  And Israel, in turn, applies 14 days of quarantine to all who enter the country.  Of course, this situation affects almost the entire business, both large and medium, and small, which will lead to certain financial problems and to another economic crisis.  Based on this, in any case, the virus affects companies that are related to cryptocurrency, as well as miners that support the network.  But for the sake of fairness, you need to voice the good news consists of the fact that they have already found a vaccine for the virus, and I hope that such a difficult situation will improve.
right, such as mining activities in cryptocurrency, of course requires support from other infrastructure, such as the internet and electricity. of course many people are involved in the supply of electricity and the internet, if many workers in the sector are infected with the virus, then the smoothness will be disrupted. and this certainly affects the price of cryptocurrency