Bitcoin Forum

Gold, silver and precious metals are up, copper and lead are up, Bitcoin is on a tear, and I expect altcoins are as well. Covid immunity is spreading and increasing as well. Hopefully our government will realise the strength of the future, and stop wasting our money on useless vaccines, and use it to boost the economy. Full employment will do more for the nation's health, than injecting disease into people's arms.

Lets get working and earning - that will really start to save lives.

It's a welcome development if government channel all money they has been spending for corona virus vaccines for the development and betterment of the country.
Many countries are passing through hardship due to corona virus problem.
The economy of some countries has fall due to inadequate plans and mismanagement of funds by fighting covid19 and also embezzlement of country funds by so called politicians,instead of diversifying country economy or making infrastructure's that will eradicate the rate of unemployment in the country.

The down fall of a country is based on mismanagement and the policies implemented to the country
Corona virus disease is just an avenue for embezzlement of funds for the corrupt leaders such as the law makers, ministers.
Op. I perfectly agreed with you.

It's like a fresh drops has been condensed into many things, the dark cloud is breaking up, the world needs this breather.
Government using my country still taking advantage of the covid 19 virus, if immunity and natural remedies is tapped and harnessed it would be cheaper than the excessive money budgeted for vaccines, this is a virus they say is fatal to aged people -this could be true- but aged people survive too, so it has to be about immune system, a healthy lifestyle solidifies/helps immunity.

"economy" "economy" "economy"

seems your stuck caring only about the economy
you do realise that the economy can look after itself if politicians did their job right
i dont mean put peoples lives at risk by forcing them back to work.
i mean investing in hospital capacity to bring it back to 300k bed capacity it had pre millenium.. infact bring it to 400k bed capacity to come into alignment with todays populous..
then. guess what. lockdowns wouldnt be needed as much

i think your just angry that your job/retired hobby is as a scrap metal guy but no one is calling you up to pick up their scrap.
i imagine you as the steptoe & son kind of guy with a empty horse and carriage moaning at the world of how everyone else is to blame for your lack of income.

maybe try to diversify into a new business/revenue making oppertunity

because just rushing back to the same situation pre lockdown is just a circular scenario of the past repeating itself

for me its not a vaccine debate at all
if hospitals got more resources to take care of peoples needs when they need it. then there would be no issues
imagine it. people able to get a cancer scan/medical each year. instead of only a finger up the ass when they are 50-60. or get xrays yearly instead of only when they cough blood.. alot more cancers would get picked up earlier and treated better, more easily
imagine having more surgeons to do surgurys the same day. people wont have to hobble around for weeks
making their issues worse
imagine schools with a 1:15 teacher student ration.. = better education and less stress and less health contamination. thus less school closures during pandemics

..
but then there is you. wanting everyone to go back to work. knowing in a few months the cases will climb again and another lockdown will occur. because the initial problems are not solved

Dont forget that NASDAQ was also at ATH and SP500 and Dow Jones are not far from ATH. It is very strange situation that Bitcoin looks worst when you zoom out. Wonder for how long it will stay this way.

Some believe that the pandemic was designed to destroy many economies... It was all very profitable for somebody! Like buying cheap stocks or starting a business...

Will we ever know the truth about it. It seems it appeared in Italy before it was detected in China. As it was detected in sewage samples, that could be a load of s**t though.

Most of the indices are now in the 52 week highs and also the price of the bitcoin and also the king of the alts which is the ETH are now looking good because both of them have momentum in these days. But even though stocks and cryptocurrencies are now looking good, it does not mean that the economy is now bouncing back because we are still in the pandemic and a lot of countries have still challenges to face.

Things are looking good... mostly because of capitalism.     8)

Things are not really too good, unemployment reached ATH o many countries and it may take years and years to get recover from it and government prints more money will not help the economy as well.Asset values are increasing just because people lost their hopes ad started to buy things which are easily liquidated so they can use it whenever they want.

I know it's hard for all of us. But just look at the positive side of things for us to avoid being depressed of the situation. It's easy to say but what we need right now is to be strong and find alternatives on how can we embark and surpass this situation. Look for activities that you can earn even a lil bit of money like online surveys, online freelancing jobs and if you have space around, maybe it's time to discover your gardening skills.  ;)

But as an economy surely it will get hit, people will find hard time while doing business and even they are not making enough money to pay the rents and expenses so it takes time for sure.We can make money by doing things online buts its not possible for the whole country to do the same so they need government support.

You can't have capitalism without capital, and since the 1970 there has been an accelerating move to transfer wealth away from individuals, businesses and countries into large corporates and the ruling dynasties.

Fiat currencies, hard assets and governments are no longer owned by the people. It doesn't matter who you vote for, you can only choose between the candidates selected by the dynasties.

How do you propose you shift capital from wealthy corporations without changing the economic system? More taxes maybe? 

Stop destroying small businesses
End fractional reserve banking
Raise interest rate.
Cut the pharmaceuticals bill by 90%
Reclaim national assets that were transferred to the dynasties.
Use natural resources for the benefit of the people and the country


I've got a lot more to add to the list such as cutting government over manning and profluigate spending.

the most important of all is clearly to use natural resources for the benefit of the people and the state, this problem is indeed very dilemmatic. because many people are disturbed by their interests by taking advantage of themselves from the results of natural resources that have been dredged up to now. it is not easy to break the chain of people who are in power over these natural resources and delegated to the interests of the state and the people.
the main problem is that the masters actually are former rulers who do not want to be disturbed by the actions that have been carried out so far, eventually everything returns to politics.

Benefit for people and the state are two completely opposite concepts! At least in my country people do something for the good of the government! ;D

You can also add to the list a reduction in military spending or a reduction in foreign policy actions... But big uncles want to play big games anyway!

Bitcoin is at 50% of it ATH. Gold, Nasdaq are at ATH. Tesla shares are 100% higher then February ATH. Bitcoin have a lot to catch up to join this money printing frenzy.

I think that most of the governments started using the herd immunity strategy, here in my country they made a partial health ban for a period of several months, but this did not prevent the virus from spreading in addition to the economic depression, the spread of unemployment and the increase in the number of unemployed people, we are here in a poor country and the government is unable to provide Aid for the unemployed so they lifted the ban and people returned to work.
It is better to work to boost the economy and work to boost people's immunity rather than quarantine and wait for the vaccine, which may take a very long time. It is very difficult to stop the virus from spreading and is best treated as part of our life.

Well here in England immunity is spreading at an increased rate, and all cases deaths are at a 5 year low, and ICU admissions are down. The government is panicking, as it looks as if the money they are spending to develop useless vaccines is being perceived by some as wasted. No doubt they will introduce stricter restrictions to enable them to impose social tracking, and forced vaccinations on us.

I gather more people are dying from cholera in the Yemen, than the world total of real deaths from the virus. Sorting out the cholera problem would cost a lot less than the money they are binning in a quest for a vaccine.

Actually, herd immunity is the wrong term... at least in the USA. In the USA it should be called flock immunity, because most of the sheeple simply bow down to their shepherds, the government.

8)

What happened during the Spanish flu shouldn't repeat itself this time. When they all think that things are better, there comes the second wave of the pandemic that kills millions of people.
We should stay safe, we shouldn't be carried away with things looking good. I see the second wave of the pandemic might hit the world by surprise

Yes, the second wave might be bigger if will not take this seriously. Our country are not able to get over the first wave of the pandemic and it still record the highest covid cases in the past 4 months after the lockdown started. Its seems their already focusing in economy which will be better for all. People are now not depending in the help of the government because they already back on their work. We already knew the significance of our health and also the economy of our country because of the pandemic. It’s not possible that this will happen again but we already know what will our steps to encounter this problem

at times like this, don't expect more support from the government, initiatives are prioritized for now so that we can survive through conditions in this difficult time. I agree with what Twinkledoe said if we have the space around us at least it can be used to test our skills to be able to fill activities by gardening in order to make a little money or to meet the needs of this difficult time.

Things aren't getting in anyway, things getting worse than ever before. More suffering, more death, more hunger and less developments, tertiary institution hasn't come back. Market vendors haven't come back, these are source of humanity aiming brighter future. Bitcoin price IMO is getting better only.

Reviving the economy is a matter because many more people will lose jobs if a certain economy dies. We are now returning in the normal state but there are a lot of changes where a lot of businesses are now wavering off forever because of the virus. The threat is still there even though the economy is starting to recover, as long as there is no vaccine; expect that the government will still imposed health protocols for the safety of all people.

For a fact, investing in pharmaceuticals isn't completely out of place. The number one priority of every government to it's people is to preserve life. It's not strange that in times like this, some greedy once in authority capitalizes on the situation to enrich themselves while the masses suffer but then, the pandemic has taught every nation to equip their hospital to better prepare for emergencies of this nature.
The issue is, will those saddled with the funds to carry out this duty fulfill them and take necessary steps to ensure it's maintenance...? Let's not only view things from the aspect of what we chase and forget to look after ourselves. I tell you what, a sick guy on the hospital bed is more concerned with getting back on his/her fit than anything else.

The number one priority of most governments is to transfer wealth and assets to the controlling elite. It also seems that they have a new priority which is depopulation.

Somebody who is not even really suffering from economic crisis due to those businesses who continuously operates amidst the risk of this pandemic.

It is really hard to start a business during this time that people are not safe to go outside, shopping, eating, and travelling in all of the existing establishments.

We should still not to become confident about the immunity because there are people who don't really have a strong immune system. It is still not safe to go anywhere, so the vaccine is still needed, I don't intend to scare anyone but we should have something to fight the virus. To reopen those businesses permanently without any problems, we really need to have a safer environment, by that, we can now recover from economic crisis little by little.

More and more people are starting to realise that it is the vaccines that create weak immune systems.

During their entire history, vaccines have only been successful in eliminating smallpox and rinderpest, and those were in the early days. In all other cases people would have been better off relying on natural immunity. There have been so many deaths and creations of cripples, that the US government had to pass a law to block damages claims against the merchants of death.