Covid19 – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 15 Jun 2025 04:11:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Covid19 – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 COVID-19 Lockdown Pushed Michael Saylor Toward Bitcoin https://earlybirdsinvest.com/covid-19-lockdown-pushed-michael-saylor-toward-bitcoin/ https://earlybirdsinvest.com/covid-19-lockdown-pushed-michael-saylor-toward-bitcoin/#respond Sun, 15 Jun 2025 04:11:45 +0000 https://earlybirdsinvest.com/covid-19-lockdown-pushed-michael-saylor-toward-bitcoin/

Michael Saylor, CEO of Strategy, shared that he turned to Bitcoin
BTC


$105,346.00

in 2020 because of how the pandemic affected the economy and financial system.

Saylor explained during an interview with Jordan B. Peterson on June 9 that the turning point came during the COVID-19 lockdowns, when interest rates were close to zero and central banks were pumping money into the economy.

At that time, Strategy had $500 million in cash, but that cash was no longer being put to good use.

What is a Crypto Bull Run? (Animated Explainer + Prediction)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer videos every week!

Saylor said the restrictions brought by the pandemic made regular life and work feel lifeless. According to him, small businesses were hit the hardest, while big investors and financial markets bounced back quickly.

He called it a divide between “Main Street” and “Wall Street”, where everyday people struggled while those with assets came out ahead.

Saylor realized that keeping all that cash in a low-interest world was a problem. It was not earning anything, and with inflation rising, its value was slowly disappearing. He thought about several options, including property, stocks, and even art.

During this search, he reached out to Eric Weiss, who had experience in the crypto industry. Until then, Saylor had mostly ignored Bitcoin, especially after seeing it crash in 2018.

However, the conversation sparked his interest. He started reading, watching videos, and listening to podcasts to learn more. Over time, Saylor came to believe that Bitcoin could act as a kind of digital gold, a way to store value without relying on governments or central banks.

Recently, Saylor expressed concerns about how companies handle proof-of-reserves during the Bitcoin 2025 conference in Las Vegas. What did he say? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

]]>
https://earlybirdsinvest.com/covid-19-lockdown-pushed-michael-saylor-toward-bitcoin/feed/ 0 42086
White House reveals Lab Leak: the true origins of Covid-19 that sent markets spinning https://earlybirdsinvest.com/white-house-reveals-lab-leak-the-true-origins-of-covid-19-that-sent-markets-spinning/ https://earlybirdsinvest.com/white-house-reveals-lab-leak-the-true-origins-of-covid-19-that-sent-markets-spinning/#respond Sun, 20 Apr 2025 09:34:02 +0000 https://earlybirdsinvest.com/white-house-reveals-lab-leak-the-true-origins-of-covid-19-that-sent-markets-spinning/

The White House has redirected its official COVID-19 information portal, COVID.gov, to a new landing page titled “Lab Leak: The True Origins of COVID-19.” Late Friday night, the administration dropped a post on X saying “DEFINITELY DON’T VISIT COVID.GOV,” followed by a giggling emoji.

The page may not serve as conclusive evidence of the pandemic origins that claimed more than seven million lives globally and was responsible for some of the worst economic turmoil our world has ever seen, but it’s a clear endorsement of the theory that the pandemic began with a laboratory accident in Wuhan, China.

Five main arguments of the Lab Leak theory

The landing page cites the final report from the Republican-led Select Subcommittee on the Coronavirus Pandemic, and presents five main arguments supporting the lab leak hypothesis.

It claims that the virus exhibits features not found in nature, originated from a single human introduction, and that researchers at Wuhan’s top SARS lab fell ill with COVID-like symptoms in the fall of 2019, long before the virus appeared at the wet market.

The report also affirms that China’s foremost SARS research lab (with a history of gain-of-function research) is based in Wuhan and alleges that it has “inadequate biosafety levels.” Finally, it argues that if there had been evidence of a natural origin, it would have appeared by now.

The administration also attacks public government officials, including Dr. Anthony Fauci, and New York mayor Andrew Cuomo for promoting research designed to dismiss the lab leak theory, and for making false statements to the Select Subcommittee.

COVID-19 and the crypto markets

The COVID-19 pandemic is widely recognized as a “black swan” event, an unpredictable and unprecedented crisis that sent shockwaves through global financial markets in March 2020. The rapid spread of the virus and the announcement of global lockdowns triggered extreme volatility and panic selling across asset classes, including crypto.

Bitcoin and other digital assets, which had not previously experienced a major systematic crisis, saw sharp declines as investors rushed to liquidate positions and seek safety in cash. Between March 12 and April 1, 2020, the crypto market underwent a period of intense panic and sell-offs, mirroring broader market uncertainty. Bitcoin, which had traded near $7,000 before the crisis, saw its price plunge alongside equities as investors scrambled for liquidity.

However, thanks to the magic money printers of global governments worldwide pumping trillions into their economies, the crypto sector quickly rebounded. By July 2020, the market had largely recovered, and Bitcoin began a historic rally. By early 2021, Bitcoin surpassed $40,000, with the broader crypto market following suit.

The U.S. government’s direct stimulus checks became a defining feature of its economic response, mailing a $1,200 stimulus check to all American citizens to tide them over during the lockdown period. It’s worth noting that, should that money have been invested in Bitcoin in April 2020 instead of being spent, it would now be worth over $17,000, a gain of nearly 1,400%.

The dramatic rebound of the crypto market illustrates the volatility and opportunity that defined the pandemic era. As the White House doubles down on the lab leak theory, the economic and financial legacies of COVID-19, including the extraordinary rise of Bitcoin, continue to shape government policies and investor behavior.

]]>
https://earlybirdsinvest.com/white-house-reveals-lab-leak-the-true-origins-of-covid-19-that-sent-markets-spinning/feed/ 0 31833
Why the Covid-19 pandemic wasn’t as catastrophic as it could have been https://earlybirdsinvest.com/why-the-covid-19-pandemic-wasnt-as-catastrophic-as-it-could-have-been/ https://earlybirdsinvest.com/why-the-covid-19-pandemic-wasnt-as-catastrophic-as-it-could-have-been/#respond Sun, 16 Mar 2025 09:04:02 +0000 https://earlybirdsinvest.com/why-the-covid-19-pandemic-wasnt-as-catastrophic-as-it-could-have-been/

For most people, the Covid-19 pandemic, which officially began five years ago this month, marked their first encounter with case counts and N-95 masks and lockdown orders.

I was a young reporter for Time magazine in Hong Kong in early spring 2003, when we started getting reports about a strange new sickness spreading in southern China, just across the border. On March 15, exactly 22 years ago today, that sickness was given a name by the World Health Organization: severe acute respiratory syndrome (SARS).

The SARS outbreak didn’t get much attention in the US because the country only had a small number of cases, and the worst of it overlapped with the invasion of Iraq. But back in Hong Kong, which became an epicenter of the outbreak, we had no idea when or if it would end.

Looking back on those days now, it feels like a dry run for what the entire world would experience less than two decades later with another coronavirus. Overnight, all of Hong Kong wore surgical masks. Airports, hotels, and restaurants were abandoned.

At the Time offices in the city, editors sweating through uncomfortable N-95 masks debated sending some staff to work from home, to keep the magazine going if our building were to be closed. I interviewed scientists about the possibility of a vaccine or treatment, and was told that if one were needed, it would certainly take years for it to be developed.

We ended up getting lucky with SARS. The coronavirus that caused it turned out to be far less infectious than it first appeared, and the outbreak ended up petering out — though not before more than 8,000 people were sickened and 774 died around the world.

With Covid, of course, we were not that lucky. More than 7 million people have been confirmed to have died from Covid so far, a number that is both still rising and almost surely an undercount. The political, social, and educational side effects of the pandemic were enormous, and are still playing out. It was, simply put, a global catastrophe — one of the few events that is truly worthy of that name.

So why in the world would I put Covid in a newsletter that’s supposed to be about good news?

A Covid pandemic before 2020 would have been far worse

Having lived through and covered both SARS and Covid, I sometimes like to run a thought experiment: How would we have responded back in 2003 if SARS had turned out to be as dangerous as Covid?

Think back to 2003. Smartphones didn’t exist, and even laptops were less common. Video-calling was essentially nonexistent — if you told someone you were going to “Zoom” with them, you would have gotten very strange looks.

What this all means is that remote work and remote schooling and telemedicine — which, as problematic as they all turned out to be, did keep the economy, education, and medical care moving forward during the pandemic — would have essentially been impossible. By one estimate, without remote work, US GDP would have declined twice as much as it ultimately did in that first year of the pandemic. All those Zoom meetings and cloud documents were a literal economic lifeline.

Or take the virus itself. It was months after the first cases of SARS before the coronavirus causing it was successfully identified by scientists. I still remember visiting Hong Kong University’s Queen Mary Hospital in April 2003, and peering through an electron microscope at the virus’s distinctive, sun-like corona. In Covid, thanks to vast improvements in the speed of genetic sequencing, full genomes of the virus were being distributed well before the world was fully aware of what Covid was.

Or vaccines. In 2003, early work on mRNA vaccine technology was only beginning, and BioNTech — the company that was responsible for the groundbreaking research on mRNA vaccines — wouldn’t be founded for another five years..

Before Covid, it took anywhere from five to 15 years — if not longer — to develop a vaccine for a new virus. Had we needed one during SARS, we would have almost certainly been in for a long wait. But during Covid, the first vaccine candidates were produced by Pfizer-BioNTech on March 2, 2020 — less than two months after work on the vaccines had begun. Sandra Lindsay, a nurse in New York, received the first Covid shot on December 14, 2020, less than nine months later.

And while advances in science were the first necessary steps, the US government, for all its flaws, acted with impressive urgency and ambition.

We never would have received vaccines as quickly without the genius of Operation Warp Speed. By supporting the simultaneous development of multiple vaccine candidates, the parallel execution of multiple stages of vaccine development and trials, and by guaranteeing a market for the vaccines with billions of dollars, Operation Warp Speed lived up to is name.

Beyond the science, the bipartisan relief bills kept poverty from spiking during those first, terrible months of the pandemic. In fact, poverty actually dropped in 2021 compared to the years before the pandemic, with child poverty falling by more than half.

Don’t forget what we accomplished

I realize that almost no one wants to look back at the Covid pandemic, and certainly not with pride. The subsequent virus variants and new waves increasingly evaded even our best vaccines, keeping the pandemic going for years while eroding belief in them. Division over the public health decisions made during the pandemic, from mask requirements to school closures, still linger, poisoning the political atmosphere. Perhaps hundreds of millions of people are experiencing the effects of long Covid, their every day a reminder of the pandemic’s toll. The collective trauma we suffered is still with us.

And yet, I worry that all that pain and anger will cause us to neglect the amazing accomplishments of those years. Not just the scientists and officials who got us those vaccines in record time, but the doctors and nurses who toiled endless hours on the front lines of the pandemic, or the essential workers who kept things going while the rest of us isolated. My fear is not just that we’ll forget that heroism, but that when the next pandemic comes — as it inevitably will — we’ll forget that we have shown the ability and the will to fight it.

On the five-year anniversary of the pandemic, there has been no shortage of articles about what we got wrong during Covid — and yes, in retrospect, we got many, many things wrong. I realize “it could have been worse” isn’t exactly the most stirring rallying cry after something as catastrophic as Covid.

But it’s still true, and we shouldn’t overlook the people whose work ensured it wasn’t.

A version of this story originally appeared in the Good News newsletter. Sign up here!

]]>
https://earlybirdsinvest.com/why-the-covid-19-pandemic-wasnt-as-catastrophic-as-it-could-have-been/feed/ 0 25435