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People from all over the world are queuing up to get their hands on the COVID-19 vaccine, which has only been available for a few months. Surprisingly, there is a lot of misleading information about the vaccine floating around the internet. So, what are the facts in this case? What, exactly, do vaccines have to do with Bitcoin? You may be pleasantly surprised.
What the Vaccine Doesn't Have
First and foremost, it's critical to speak about what the vaccine isn't, because certain people have unreasonable perceptions of both science and government. So, to be specific, the COVID-19 vaccine is not a treatment for COVID-19. COVID-19 is not prevented by it. All it does is strengthen the body's own virus-fighting antibodies.
If you're a numbers guy, the majority of studies found that COVID vaccines on the market protect you from 95 percent of COVID symptoms. That's right, it just protects you from the effects of the infection, not the virus itself. This ensures that you can get COVID and be asymptomatic even though you have the vaccine. And, similar to the annual flu vaccine, it has been confirmed that a variety of strains of the virus are now emerging beyond the vaccine, meaning that you will most likely require a booster in the coming years.
This means that someone boasting on your Facebook timeline about how having a COVID vaccine has changed the world is simply incorrect.
If you want to have the vaccine to improve the virus immunity, go ahead and get it, but making someone poke you in the arm won't make the virus go away. This is straightforward science.
Who Makes the Vaccine?
Most Americans couldn't name any of the big prescription drug firms two years ago. Several of these businesses have now become commonplace in American lexicon as a result of the vaccine. Moderna, Pfizer, and AstraZeneca are the three firms whose vaccines have been purchased by the US government, in case you weren't aware. All three companies manufacture vaccines that must be given in two doses between 21-30 days depending on the company that makes it It has been documented that the majority of people who have received the vaccine have encountered side effects ranging from moderate allergic reactions to COVID-like symptoms as of the writing of this article. As a result, before you start lining up for your shot, speak with your healthcare provider.
Bitcoin Won't Collapse Because of the Vaccine
A rumor is circulating on the internet that the COVID-19 vaccine would cause Bitcoin to crash. Many people have started investing in Bitcoin in recent months as they have become worried about the state of the planet. All of this, according to famous author Robert Kiyosaki, will come to an end once the world discovers a COVID-19 vaccine that works. But nothing could be further from the truth.
What Mr. Kiyosaki fails to understand is that, while the damage caused by the COVID-19 virus to the human body might be reversible or preventable in the future via vaccine, the damage to the US economy has already been done. The US government has over-inflationated its currency. And the third stimulus check, worth $1400 to every qualified American, was just sent, implying that there would be plenty more inflation ahead. People are interested in Bitcoin and other cryptocurrencies because they are concerned about what would happen to the economy once all of this inflation kicks in, not because they are concerned about finding a cure for a virus that isn't really deadly. As a result, it is highly probable that the COVID will be used.
The vaccine will have no impact on Bitcoin prices; in fact, since its launch, the price has only increased. And Bitcoin isn't showing any signs of slowing down on its way to the moon any time soon. So, if you think now is a good time to invest in Bitcoin, particularly now that you have that nice $1,400 check from the US government, go ahead. Investing today is no more or less risky than it has ever been. Bear in mind that the US government recently lifted the ban on evictions. This means that if they haven't been paying rent for the past few months, they will suddenly owe thousands of back rent. Basically, the US economy hasn't improved in a long time.
COVID Vaccines Are Being Exchanged For Bitcoin On The Dark Web
Other papers have been published that detail how the COVID-19 vaccine is being traded on the dark web for Bitcoin. While this was, and most likely still is, a real thing, it's important to note that the vast majority of these sales were a ruse. The majority of people who discovered they could order a vaccine over the internet would buy it, pay in Bitcoin, and never obtain it. They later found that the vendor's account had been removed when they returned to the website to check on their order.
While it's difficult to know for sure if any listing for the vaccine is a scam, it's best to just wait your turn for the vaccine because any online selling of a vaccine is highly likely to be fraudulent. And if you do receive a vial of liquid in the mail, the chances of it being the vaccine are slim to none. Instead of wasting your money on a small risk of having a marginal defense against a flu-like virus, you should just be careful.