During the pandemic, an acquaintance in his 30s living in the US told us he was receiving a $1,200.00 stimulus check from the government.
"I'm making money without working." At the time, that amount of money bought ~ 0.18 $BTC .
The stimulus check proposed last week by Trump is $5,000. That buys ~0.06 $BTC , an amount three times smaller.
This is what 6 years of money printing, budget deficits, and debt now exceeding GDP look like. The average citizen thinks sovereign debt doesn't concern them. In #venezuela , many say they protect themselves with the dollar. Some of us choose to do so with Bitcoin.
"I'm making money without working." At the time, that amount of money bought ~ 0.18 $BTC .
The stimulus check proposed last week by Trump is $5,000. That buys ~0.06 $BTC , an amount three times smaller.
This is what 6 years of money printing, budget deficits, and debt now exceeding GDP look like. The average citizen thinks sovereign debt doesn't concern them. In #venezuela , many say they protect themselves with the dollar. Some of us choose to do so with Bitcoin.