Post
Topic
Board Economics
Re: Pandemic Coronvirus Impact On Global economy
by
wiss19
on 25/08/2020, 15:41:02 UTC
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
Do you really think that is true? The way I see things, there isn’t really that decentralization that you’re talking about, because there are other payment methods out there that lots of people are using. I’m only able to make use of my Bitcoin on the Internet and it’s mainly on transaction between me and some Business partners, but when it comes to making purchase of things I need, the payment that I can only make use of, which is what’s widely accepted, is card payment.

Another option that I see everywhere is PayPal. And when it comes to making payment when I’m in stores, they only accept my card, because POS is their payment method. I wish I can use Bitcoin or another online payment, because I don’t really like them touching my card lol.