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Sure, you can do some encouraging for like old people and such. Whatever. But why not make it available to people who might have a reason to take it, but who aren't in your narrow category of people you know have reason to take it (i.e., old people)? Let them know the risks/uncertainties. They know their own circumstances.
Limited supply and risk of side effects, since part of the scenario is that we’re rolling this out with minimal testing.
Concerning risk of side effects, I still don't think you've answered the question. A variety of people may have different reasons to be tolerant of the risk of side effects. Some might be old, at higher risk, have fewer years to live. Others might have some other condition that bends their personal risk curve in favor of taking it. Others, like I mentioned, may have incredible amounts of their livelihood at stake. And there are other situations that we can't even think of. Why not just let them know the risks/uncertainties, trust that they know their own circumstances, and not make their decision for them?
Concerning limited supply, that's generally what the price mechanism is good at. Rather than having category upon category decreed by the government, when such politicized categories scarcely have anything to do with value, just let people buy it. Sure, you could buy some for some specific category where you know there is a need (like poor old people), but then just let people buy the rest of it. The price will help distribute it to people who have the most reason to get it (e.g., someone whose livelihood depends on it is likely to pay a higher price than someone who can work from home and is just a little inconvenienced by lockdowns). If the price starts out kind of high from limited supply, it also encourages people to pay significant attention to the risks involved, because if they're going to spend that money, they want to be pretty confident they know what they're getting for their money.
I would conclude from your points, limited supply and risk of side effects, that we should mostly just let people buy it, choosing on their own, from their own circumstances. Why do you think those points cut in the other direction? Why do you think they make it more likely that you're going to make a better decision for other people than they would make for themselves?
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