Corona Virus vs Bitcoin "Virus"

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3 years ago

Almost a year  the corona virus pandemic has hit the world. The spread of the corona virus is so fast and massive. Starting from China, which first announced the case of the corona virus in December 2019. Then in March 2020, almost all countries in the world stated that they had the corona virus.

Many negative effects arise due to Covid-19. The worst effects are certainly felt in the economic sector. Lock down rules to limit the spread of the corona virus make economic activity slowing down. As a result, the income is lower and purchasing power is reduced.

In October 2020 the International Monetary Fund (IMF) released data of world economic growth that fell by 4.4% during the corona pandemic. There is still no certainty when this pandemic will end. The corona virus is predicted to still threaten for the next few years. The global vaccination program is expected to be effective against the virulence of the corona virus so that activities can return to normal.

Not over the corona pandemic, in early 2021 we are again surprised by a new "virus" whose growth has also increased very rapidly. The new "virus" is bitcoin. Bitcoin has increased its price by 76.2% to US $ 58,354 on February 21, 2021 from a low of US $ 27,734 on January 4, 2021.

The high price make bitcoin like contagious virus. People are starting to be attracted to owning the most expensive cryptocurrency. Starting from individuals to large companies like Tesla Inc, are now tempted to invest in bitcoin. Not only Tesla, other big companies in the world are also starting to open up to be involved in the use of bitcoin such as BNY Mellon, BlackRock Inc, and Mastercard Inc.

High enthusiasm for bitocin is a breath of fresh air in the midst of the corona pandemic. Now, with working from home we have much time to learn more about crypto asset. We can dig a lot of information about erning, investing, and trading bitcoin at home. All of this information can be accessed easily online. Many websites and applications provide a wealth of information about bitcoin.

Do your own research, so that we have the knowledge base to dive into the crypto currency world and not just go with the flow. Crypto currencies will continue to grow as the times progress. Eleven years ago Laszlo Hanyecz was only able to get 2 pizza boxes with 10,000 bitcoins. Now with just 1 bitcoin we can buy more than 2500 pizza boxes. Interesting right.

So ... let's fight boredom due to the corona virus pandemic with the bitcoin "virus". Happy learning and earning bitcoin.

Source mypost:

https://www.publish0x.com/artadolar/corona-virus-vs-bitcoin-virus-xomwxdm

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