The FDA moved mountains to get these first vaccines rushed out of the door. And while they are better than nothing, it has not met the high expectations that were set. People fully boosted are still developing symptoms, some even developing long covid.
But the worst is that any newer vaccines or even therapies are not getting the same type of priority anymore. There are a lot of really interesting products on the pipeline, moving at a really slow pace, like Novavax.
Novavax might have underfunded their lobbying department. /s
Any vaccine was great for the most at risk population but, as you stated, it's not a solution to covid; only a tool to mitigate its threat to the individual. I know a lot of people who didn't want any of the vaccines but they wanted the Novavax. I think quick approval would have pumped vaccination rates. And now, I don't think people will bother.
Shouldn't very high inflation in US on goods priced with USD + rising global food prices actually bump up the price of BTC? I thought BTC has zero inflation baked in the algorithm, so it should actually move the opposite direction against any currency that experience high inflation right now. I want to be educated.
People thought that BTC would be treated like gold. Where it would act in opposition to the stock market. If you ignore all the terminology and equations, then you can focus on the behavior of the investors. If investors buy, sell, and perceive BTC as a type of stock, then it will behave as stock. As inflation occurs, it will project into the crypto market via speculative investment.
The "inflation proof" concept of bitcoin is that there is a fixed supply. So, monetary inflation cannot occur within the currency itself. However, in the context of the larger financial market, it will be affected by systemic inflation.