The world’s existing economies are suffering due to the COVID-19 pandemic, which has revealed the main benefits of decentralized tech and crypto.
The 2019–20 coronavirus pandemic is an ongoing pandemic of coronavirus disease 2019 (COVID-19) in which severe body intoxication and problems with the respiratory and digestive systems are noted.
While the earliest signs of this recent strain of novel coronavirus (SARS-CoV-2) trace back to late December in the Hubei province of China in the city of Wuhan, the virus has since become an invisible threat shared across geographical, political and cultural boundaries.
A coronavirus is a type of virus that originally transfers from animals to humans, causing a range of illnesses from the common cold to more severe diseases such Severe Acute Respiratory Syndrome (SARS-CoV) and Middle East Respiratory Syndrome (MERS-CoV). While not as deadly as the 2002–2003 SARS outbreak on a per-case basis, COVID-19 (the disease produced by the virus) is much more infectious and poses a particular threat to the elderly and individuals with preexisting immuno-compromised conditions.
Since the outbreak of the coronavirus (COVID-19), the world’s financial markets (including the crypto asset class) have seen their sharpest drops in years, hundreds of thousands of cases around the world have been confirmed with over 14,000 reported deaths (at the time of writing) and governments are working around the clock to mitigate the risk of widespread collapse of health care systems. This is an exponential threat.
At Cointelegraph, we are paying close attention to the pandemic and its impact on technology, society and politics.
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