Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
https://sharylattkisson.com/2020/03/new-the-first-59-u-s-coronavirus-deaths-by-state-and-age/
This thing is almost exclusively taking out very sick very old people. Most of these people would have probably died this year or next anyway.
This thing is almost exclusively taking out very sick very old people. Most of these people would have probably died this year or next anyway.
It does if it is controlled. I dont know real data but from statistic of 12 corona patient on intensive care, USA should have around 100 corona virus patients hospitalised. That is nothing. Italy have 14954 patients in hospital, 2060 of them are on intensive care. Their hospitals are overwhelmed. So not only very old and already sick are dying there but also others. Not to mention someone having a car accident. He simply cant have same care as they would get few months ago.
Not a big deal, like Wuhan, after a few thousand of the most vulnerable die, the hospital system gets back to normal. This thing picks low hanging fruit, it runs out of easy targets and hospitals arent overwhelmed.
Dumb politicians shut down society to avoid a few weeks of pain in the hospital system as they temporarily get overwhelmed. This will cause depressions/recessions and many many deaths long term as quality of life in general goes down and people die from poverty, commit suicide, drink or drug overdoses, etc.
They are making a suboptimal trade off that only benefits the short term.
Better to force all vulnerable people to stay at home and let society function as normal otherwise.
Bitcoin will do well either way, but society will be better off accepting that old sick people will die no matter what they do and just keep moving along.
"My frank opinion remains that the harm from the coronavirus panic far exceeds that of the virus itself. If there is a massive redirection of medical resources out of proportion to the danger, it will result in less available care to those with critical medical needs, which does not serve the greater good" Elon Musk said today.
I know the popular virtue signal of today is to glorify shutting down society bc muh hospital gonna get overrun. These signalers deem themselves reasoned, calm, caring and thoughtful. But if you look closely they are panicked and knee jerking by wanting to shut society down. They cover this up with the virtue signalling.
This panic will cause more loss of life long term w global depression/recession. These people arent that thoughtful after all.
Optimal solutions.
Cut out the virtue signalling.
Stop panicking and pushing to shut down society. This will cause exponentially more deaths for non covbull related reasons long term.
Isolate old and sick people temporarily.
Build temp hospitals like China did.
Let everyone live life and let society flourish.
Buy Bitcoin.
Bring on the virtue signalling and "thoughtful caring" responses.
If you really care about life you wouldn't espouse all the deaths a global depression will cause to prolong the lives of nursing home patients who will kick the bucket this year anyway.