Once COVID-19 Ends, Bitcoin Will Need to do More Than “Go Up”
COVID-19 continues to wreck everything, but this will change sooner than you think. At that point, bitcoin will have a choice to make.
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“The global bastard,” COVID-19, continues to wreck everything, but this will change sooner than you think.
Since the outbreak began, the world has ramped up its production of medical supplies, tests, and personal protective equipment. Scientists now have several promising vaccine candidates, effective treatments, and drugs that help people get less sick, need less care, and die less often.
It may take another year to get these interventions into the hands of everybody who needs them, but it’s no longer a question of if. Now, the only question is when. I’ll bet sooner than later.
Once we tame COVID-19 and life starts to get back to normal — whatever “normal” means in the post-COVID-19 world — humanity will have massive problems to deal with.
Minorities and poor people will realize how much they’ve suffered under COVID-19 while white people and white-collar workers largely did ok. Governments will have massive…