Quote from: CryptopreneurBrainboss on Today at 06:12:17 AM

Quote from: Wesleyeric on November 28, 2020, 05:48:13 PM

I realized a world that the wise said that, When people are sleeping transactions goes down mostly at night, grate people makes there money at night, no grate man sleep 6pm to 6 am, Bitcoin had a great value even during the COVID-19,If Covid19 happens to continue for 5 years, And the lockdown is still effective in all countries, bitcoin world have been the major currencies see as a medium of exchange, people will be afraid of going to banks of touching money from someone hands or holding physical cash, they will be really afraid of contacting Covid19.

The government aren't that foolish to just seat down and watch all their efforts in controling our lifes (finance) go down the drain just because of a pandemic that have been studied and found out not to be as deadly as we thought. They'll definitely fight back and it could be in a form of introducing their own digital currency.

If the pandemic is to continue, the abstances will be from physical money and not fiats entirely therefore a digiat fiat would become a norm as all county will work towards developing their very own. The aspect that cryptocurrencies would benefit will be in regards to assets as they'll obviously be on the top of most preferable ane profitable investments.

Well, I completely agree with your opinion. People during the coronavirus pandemic will more use non-cash forms of payment as a means of payment. Cryptocurrency is still very weakly used directly as a means of payment due to the lack of an appropriate infrastructure for this. In return, governments will indeed issue their national digitized central bank currencies as another form of cashless settlement.
The coronavirus pandemic is affecting cryptocurrency ambiguously. At the initial stage, it sharply lowered prices in the cryptocurrency market, but then it positively and diversified affects both the price of the cryptocurrency and the demand for it.