President Donald Trump said this week that his administration is considering “distributing” up to $2,000 per person to Americans, citing funds generated by tariff policies.
“We may distribute it to the people, almost like a dividend to the American people,” the president said in an interview. One America News. “We’re thinking it’s probably going to be $1,000 to $2,000.”
The last time stimulus checks were deposited into American citizens’ bank accounts was Estimated $40 billion It was expected to be used to buy stocks and Bitcoin.
Stimulus checks were sent to Americans as part of the policy. $2.2 trillion stimulus package It was signed under the first Trump administration during the 2020 coronavirus pandemic, leading to a rally in Bitcoin and stocks.
In 2021, then-President Joe Biden took office. Another stimulus package approvedwill once again provide additional checks of up to $1,400 to Americans making less than $150,000 a year.
If you invested your first $1,200 in Bitcoin, which was trading at $6,878 at its closing price on April 11, 2020, when direct deposit stimulus payments began, you would have earned about 0.1744 BTC, which would be worth about $21,270 today. This equates to an increase of 1,672%.
Injecting the remaining two checks into Bitcoin as soon as possible would have netted you about 0.0424 BTC more, or $5,170, based on current prices.
If you invested in major cryptocurrencies during these periods, you could have earned more than $26,000 in Bitcoin with a total stimulus check of about $3,200.
Although this is a large profit, it pales in comparison to the actual profit. I immediately stuffed my funds into Dogecoin.. At the memecoin’s 2021 peak, which occurred right after the last stimulus check, you could have earned around 600,000 Dogecoin (DOGE) across three stimulus checks, which was worth around $438,000 at its peak.
Even if you held it all today, you would still have nearly $150,000 left in your pocket, which is a gain of more than 4,576%.
Official details regarding the Trump administration’s teased tariff checks have yet to emerge, but as of now investors can get around 0.0165 BTC for $2,000, which is more than 1.6% of the full coin. No one knows how much it will be worth in five years, but if Bitcoin’s history is any indication, it might be worth the gamble.
