Quote from: semobo on April 15, 2020, 01:48:00 PM

Quote from: gokumarket on April 01, 2020, 12:14:15 PM

The world is surrounded by the COVID-19 and so the demand for the decentralized economy is increasing as a way of maintaining social distance. Does Pandemic Coronavirus open the door for the decentralized economy? Please justify your answer. Cool

Decentralized economy and social distancing? Whats the relation here ! Roll Eyes

Maybe? this should add as an another factor for accepting the idea of digital payments however that's not the main case for digital payments to be adopted as soon as possible.

Quote from: semobo on April 15, 2020, 01:48:00 PM

This pandemic increases the digital transaction and even many government said that, so more people are moving towards digital payment but they are just moving from physical money to bank transaction so which never increases the need of decentralized payment yet.

Pandemic may give the best idea for digital payment but the pandemic only comes in a century or so, and I guess we would not be able to encounter severe pandemic like this as this will serve as a lesson to all of us, nations will be going to be more practical with the national budget they will get in the future. Fiat currency, and physical contact transaction will never be replaced, it is like arguing with what is the best currency to use but fiat will never lose its position.