Post
Topic
Board Bitcoin Discussion
Re: Covid-19 and Bitcoin
by
0t3p0t
on 05/10/2020, 04:49:21 UTC
Coronavirus has made us stay home for months now, Bitcoin's price rised while most stocks crashed. Bitcoin's price rise probably has something to do with Coronavirus, People are staying home, buying things online to avoid contact with other people. My question is are more people being initiated to Bitcoin and are Bitcoins scams more frequent because of covid-19?
Corona virus is one of some factors affecting the price of Bitcoin. Why? Because we all stay at home. Shopping, paying bills and other goods and services accepts Bitcoin as payment so people are buying Bitcoin for such reason. Here in my country Bitcoin is used to pay bills, top up load, shopping, invest and many more. Bitcoin is legal and regulated so there is no such thing as getting scammed by local exchanges.