COVID-19 a reason for Bitcoin adoption?

[darexgeorgieviya04]

COVID-19 a reason for Bitcoin adoption?

[sashavich04]

If theres changes in adoption then those most likely talk in previous years consideration and i wont say that this current covid situation does contribute bitcoins awareness or existence, maybe for some aspect but not on major case yet we know that people would easily switch up to e-fiat payments like credit or debit cards that we do know traditionally and only a few would really go to the path of cryptocurrencies true utility.We cant conclude though but we can eventually see the effects if we do base up on the entire market condition.

[PALM]

Since we are still new to the current normal and with this pandemic in our hands, it's quite realistic to see and understand that it's the time to leave physical money behind. That's the critical part of the proposed contactless payments and anything related to that. So I voted in the poll, realistic since it's the ideal time to do this and shift everything into digital. We have the technology already, and we just have to implement it.

[Alexthedefender04]

I would say maybe Grin

But we don't know if that is right or not. Bitcoin adoption still on progress, but people use the other payment method. I guess they still use fiat money to make a transaction, and if they use a digital payment, they will use something that they already know before. Unless bitcoin already accepted as the payment method in one country, people will not use bitcoin to pay something, but they will use another payment method. We know that there are so many digital payment methods besides bitcoin to pay something or buy something at a local store in some countries.

So Covid-19 is not the only one of the reasons for bitcoin adoption.

[Trader_Rob]

Seeing how the coin is performing amidst the pandemic, I think that it would be great to consider adoption.

[Aya]

Hmm, the pandemic is also one motivation for a person to start investing in Bitcoin. But i still think that there are many factors to consider. Indeed there are many reasons as to why one should start investing on it. But there are also cons and it depends on the person how they would be able to handle those.