Quote from: KrisAlex18 on Today at 06:59:43 AM

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

As what we have experiencing right now, as virus still existing around the world, the cryptocurrency gets so much exposed of using it because it avoids people from going outside, the use of cryptocurrency maintains the social distancing which we really need to prevent the risk of spreading the virus.

But I think decentralized economy will not allowed in the real life economy because for me cryptocurrency is only applicable as alternative to fiat currency because cryptocurrency won't replace fiat currency.

the existence of an epedemic does not guarantee that the priority to keep distance so as to avoid transmission by staying quiet at home, will be equated with the demand for a decentralized economy will increase. because it can't be equalized that all will do crypto. because anyone can look at the epedmic with no worries, but who sees with anxiety then he will not think of crypto.

developments that have advanced and almost all make economic action also follows developments. crypto is a very important progress and can be an alternative and support the economy although fiat is still a legitimate exchange and cannot be replaced until now.