Quote from: Arkann on February 09, 2021, 06:06:18 PM

Quote from: CryptoBD420 on January 31, 2021, 06:56:15 AM

This epidemic has certainly increased the awareness and adoption of cryptos more than ever before. The volatility of the crypto market makes it clear that people are ready to invest or have started investing in cryptocurrencies.
It also forces people to accept the fact that cryptocurrencies are not only dark, illegal or tax evading but also more widespread. I see more and more companies pop up and offer different DeFI services, whose choices in 2019 were unimaginable.
So crypto played a very important and crucial role in the epidemic. And I agree with everyone else that the future lies in DeFI

I believe that it was the pandemic that influenced the development of the cryptocurrency market more than the cryptocurrency on the pandemic. The fact is that in conditions of isolation, people began to study and understand cryptocurrency more, as well as invest their funds in cryptocurrencies, saving them from depreciation of national currencies, as well as more familiar assets.

I agree and the pandemic has sped the defi ecosystem as well. Now people are more interested in sending peer-to-peer transactions and cutting the banks and other institutes in the middle. And financial institutes are aware of this change that is why they are widely accepting and investing in developing cryptos.