Bitcoin Hits $7K Amid Warning $2K US Payouts Make Fiat ‘Hard to Value’

Bitcoin Hits $7K Amid Warning $2K US Payouts Make Fiat ‘Hard to Value’

Bitcoin ( BTC ) advocates are warning of money losing all sense of value as the United States weighs yet another giant stimulus package.

The U.S. would spend $400 billion on new stimulus measures to pay every adult $2,000 a month pocket under a new government plan. Bitcoin 1-day price chart Bitcoin 1-day price chart. Source: Coin360 Congressmen: $2K handouts “not just one time”

In a live stream on April 14, two Democrat congressmen have submitted the Emergency Money for the People Act, which would ensure a universal basic income for Americans over 16 for at least half a year.“We’ve […]

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