I think the money can carry the virus, but im trying to use my card.
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That's a good point but I don't think that's the reason why digital currencies were created. Because no one could have predicted coronavirusI think thats why there is existence of digital currency where you easily do transaction since there is the presence of corona virus
No!!!!! thats why many countries are adopting it now since those paper money are carrier of corona virus , so stable digital currency are now been createdby the governmentThat's a good point but I don't think that's the reason why digital currencies were created. Because no one could have predicted coronavirus
I know that now that's why they are using it but I'm talking about the beginning when digital currency was first created. They didn't create it with the thought of banknotes carrying viruses, they created it for other reasonsNo!!!!! thats why many countries are adopting it now since those paper money are carrier of corona virus , so stable digital currency are now been createdby the government
The coins and notes have really been found to be spreading the virus since it has been proven that the corona virus can remain on their surfaces upto 5 days. That is why people are being advised to stay cashless, though it is so hard to achieve that for everyone right now. In my country, it is much easier to stay cashless since we have the mobile money account, Mpesa. You can pay for anything using the mobile money."Governments worldwide are quarantining banknotes, as the coronavirus pandemic puts the spotlight on the germ-spreading properties of ‘real’ money. The US, South Korea and China have all been taking action amid concerns that the disease could be spread by paper money and coins. " - Dinar Recaps
So that puts an end to the proliferation of cash in our generation? Will every country will become cashless? And how the bank systems and financial market deal with this situation?
The piles impose this in order to limit the spread of the epidemic, so you put a certain amount. If you go out to the street without a mask, you will pay a fine of 200 euros. This is in France, and this varies from country to another depending on the cases affected daily
When Covid-19 was very high, that was one of my major fears! Money could easily transmit the virus but thank God the cases have reduced in my country, of course cashless economy is still encouraged"Governments worldwide are quarantining banknotes, as the coronavirus pandemic puts the spotlight on the germ-spreading properties of ‘real’ money. The US, South Korea and China have all been taking action amid concerns that the disease could be spread by paper money and coins. " - Dinar Recaps
So that puts an end to the proliferation of cash in our generation? Will every country will become cashless? And how the bank systems and financial market deal with this situation?