Trump Floats $2,000 Tariff Checks For Americans - Here's Why You Should Use The Money To Buy Bitcoin
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Trump Floats $2,000 Tariff Checks For Americans - Here's Why You Should Use The Money To Buy Bitcoin
"People that are against Tariffs are FOOLS! We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price."
"All money left over from the $2000 payments made to low and middle income USA Citizens, from the massive Tariff Income pouring into our Country from foreign countries, which will be substantial, will be used to SUBSTANTIALLY PAY DOWN NATIONAL DEBT."
"The move has drawn comparisons to the pandemic-era stimulus checks - and the incredible returns those payments would have generated for anyone who invested them in Bitcoin. If you bought Bitcoin with your $1,200 stimulus check in April 2020, you'd now be sitting on roughly $18,940 - a gain of more than 1,400%. Back then, Bitcoin traded around $6,600. Today, the price is hovering above $105,000."
A proposal would send Americans a $2,000 "tariff dividend" check funded by tariff revenues and excluding high-income individuals. The plan credits trillions collected through tariffs and ties payments to record stock prices, high 401(k)s, low inflation, and a nationwide manufacturing uptick. The Supreme Court is reviewing the legality of the administration's wide-ranging tariffs, with reported judicial skepticism during oral arguments. A statement indicates leftover funds from the payments would be used to substantially pay down the national debt. Observers drew comparisons between the proposed checks and pandemic-era stimulus payments and noted hypothetical Bitcoin gains from investing those earlier checks.
Read at Bitcoin Magazine
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