Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Sharpmax on March 08, 2021, 10:58:57 PM

Title: What Biden's $2 Trillion Stimulus Package Means for Bitcoin
Post by: Sharpmax on March 08, 2021, 10:58:57 PM

Over the weekend, the US Senate passed President Joe Biden’s ambitious American Rescue Plan—a nearly $2 trillion stimulus package.
The bill represents one of the biggest government interventions into the American economy since the World War II. It doesn’t quite hit the $2.2 trillion heights from March 2020’s pandemic response package, but it’s still more than the $787 billion support package issued in the wake of the 2008 financial crisis.  source link (https://cryptonews.net/483081/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)

Title: Re: What Biden's $2 Trillion Stimulus Package Means for Bitcoin
Post by: lepbagong on March 11, 2021, 12:20:22 AM

of course good news for the development of bitcoin because it is clear what has happened this will make people believe more in bitcoin. because if possible efforts to suppress inflation can be done because bitcoin also plays a role in it, but whether this stimulus package affects the sharp increase of bitcoin, it could be one of them. because the increase in bitcoin many factors affect, but we hope this will add to the strengthening of bitcoin.