Post
Topic
Board Bitcoin Discussion
Re: How bitcoins is helping during the lockdown
by
Yatsan
on 22/03/2020, 13:27:13 UTC

I myself was travelling to a small town nearby and saw a person crying , he had to pay banks , pay for his 4 kids , had a family to support but due to lockdown he had no source of income.


It is too late this time, but he will learn the lesson that always have some bitcoin saving that can last him a few months. For now, the most practical solution is to take emergency loans that he can get, I suppose the government will come out with a such facility soon
It's still better than not having any income at all. Especially nowadays when money is what really counts. You can't just disregard a dime because it's a dime. At this point it will really help. Anyway campaigns are still there that pay weekly, that gives the user ample time to save up since I guess most service providers gave everyone a leeway on their due dates to focus more on basic necesssities. But apart from the money that cryptocurrencies bring I would like to emphasize the ease of access cryptocurrencies provide. Nowadays you can't trust even a paper bill due to risks of contracting the virus. And digital transactions are really helpful, which bitcoin is a form of.