Quote from: Webetcoins on April 12, 2022, 06:49:33 AM

Quote from: worldtraveller321 on April 06, 2021, 04:28:44 PM

With the recent situation with the pandemic going on. Has created many economic challenges for all.
Do you think Bitcoin and other cryptocurrency could really help people bring back their economy?

This be in the form of trading. Use of the currency? creation of? education. etc

What are your thoughts on this. Could this cryptocurrency help people give some new direction?

Pandemic is not a new thing anymore. The first effect of the pandemic are brutal but later on people learn to cope with it. The latest issue that the economy is facing right now would be the recent war that happened in Ukraine and Russia. We can say that our economy is affected badly due to the sanctions that are being applied to Russia because its effect are not only felt on this country but it is being shared globally.

Cryptos and bitcoin can somehow help especially for payment purposes because people can't go outside during pandemic and in wars. Also it can bypass restrictions given by some banks in Russia. Next would be, people can use it to earn and there are now career that sprung up related to this industry.

as we saw when the pandemic occurred, bitcoin actually increased its price, and at that time many new rich people emerged because of cryptocurrencies. therefore from several sides, bitcoin seems to provide new hope for those who are knowledgeable to pursue a career in order to achieve financial freedom. and this happens a lot among young people who actually become new millionaires. after getting a lot of money, of course it will be easy to diversify it to other assets for the safety of our funds