THELOGICALINDIAN - When Democratic presidential applicant Andrew Yang proposed a Universal Base Income UBI of 1k per ages for all Americans he was scoffed at by best of his rivals Now aloof a ages afterwards the numbers guy pulls out of the chase the Trump administering is sending checks to all US citizens What would appear if they all acclimated them to buy bitcoin
Trump Administration to Send ‘Business Interruption Payments’
It’s astonishing aloof how abundant your activity can change in a abbreviate aeon of time. For best of us in the crypto space, we’re acclimated to actuality flung into rapidly alive panoramas from one day to the next.
But now that’s extending to the “real world” there’s a audible activity that the apocalypse is near. All we charge is for the four men to appear charging in on horseback and we’ll appealing abundant accept it confirmed.
Tell the U.S. accessible alike two weeks ago that the Trump administering would alpha sending checks to every American and they would accept argument out their Starbucks.
But now the Republican admiral is finer afterward Andrew Yang’s UBI policy (under addition name). To be sure, they aren’t adage UBI, aloof as they aren’t calling it “COVID-19” but the “Chinese virus” — but it absolutely looks a lot like it. Secretary of the U.S. Treasury Steven Mnuchin said:
These are aberrant times indeed. And the money printer is accepting overheated. As Europac CEO Peter Schiff commented, it looks as if Yang didn’t lose the idealogy action afterwards all:
What if Everyone Bought Bitcoin?
OK, so this is a bit of a reach, but we all charge article blithesome to anticipate about during these aphotic times. Just for laughs, let’s booty a attending at what one bitcoin banker acquaint to Twitter. He said:
That would be acutely air-conditioned indeed. Although, according to one addict Ash Ketchum, his numbers are a little off. In fact, based on the actuality that there are 300 actor Americans and they all spent $1k on BTC, that would accord Bitcoin a final amount of $21.9k.
$21.9k would advance bitcoin accomplished its best aerial aloof shy of $20k. So Trump’s “business abeyance payments” could accord cryptocurrency a addition like never before. And maybe aliens will alight on the planet and pigs will fly accomplished the window.
Yet, who knows? We’re active in a altered apple than we were before. One in which helicopter money (UBI) can be triggered aloof from press cardboard and BTC could go to zero–or spectacularly moon instead.
Do you anticipate this chargeless money arrangement will addition bitcoin price? Add your thoughts below!
Images via Shutterstock, Twitter @KetchumAlts @TrustlessState @Peterschiff
