Post
Topic
Board Bitcoin Discussion
Re: Safe with bitcoin?
by
elisabetheva
on 16/04/2021, 08:07:48 UTC
Yes it is very useful despite the pandemic because of it being convenient, people even have already practiced on paying their bills and doing groceries with using QR codes and hopefully will be accepting cryptocurrencies in the near future. People are slowly adapting the digital transactions but have not tried using cryptocurrencies although there are some who accepts Bitcoin, but it’s like 1% only accepts it for now.
You don't have to force to make payments with crypto because now it has developed in every country with existing digital money and it can be used as well as possible even though there are limitations compared to crypto because a wider market share can be done by crypto, while digital money is only can be used in the issuing country itself and cannot be used in other countries.

With the pandemic happening, people finally started to get used to using digital money instead of fiat, because transmission can still occur with fiat compared to digital money. but indeed the reach is still internal within the country itself and cannot go out and is very different from crypto because there are no restrictions whatsoever that can hinder and can be used at any time, it's just that there are still there are still many countries that have not recognized it as a valid means of payment.  to be used as a legal and valid medium of exchange