Nickel Bitcoiner
Nickel Bitcoiner
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Joined: Wed Feb 19, 2020 11:03 am

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The Future Of Financial: The new normal after the covid-19

Tue Jul 07, 2020 10:21 am

The Cashless Society will arrive sooner.
During the outbreak of the Covid-19 virus, cash was reduced, whether on banknotes or coins, as a good source of the virus. As well as cash delivery that is more difficult and most importantly, online shopping spending increases from Work From Home and Social Distancing.
What follows is a full cashless society. It may be faster because people are already used to online shopping and are beginning to recognize the disadvantages of using cash. Not including requests for financial aid from the government that must be done online. All of this will speed up the Cashless Society without realizing it. 

Cryptocurrency may be more popular

Aside from the central bank's digital currency as for digital currencies that run on decentralize blockchain, and crypto wallet (Pooldax) such as Bitcoin, may have a greater role in the financial world. As the world's largest central banks cut interest rates to record lows
While other digital currencies like EThereum, Ripple, Litecoin, etc. are also likely to be used more and more as the flow of online financial transactions is increasing. However, Cryptocurrency Will not fully replace the Fiat Currency, but will begin to play a greater role.

All of this is the New Normal of the financial world that may occur after this. It is our duty to adapt to this new standard that will change the whole world within 1-2 years from now.

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