Fed Battling Gold?
At $2.3 trillion, the COVID-19 stimulus is more than 3 times the largest ever U.S. economic bailout.
This is why F2Pool included the following statement in the final block before the Bitcoin halving that reduced the mining reward:
Coinbase R ...NYTimes 09/Apr/2020 With $2.3T Injection, Fed...s Plan Far Exceeds 2008 Rescue ...
Current Funding Alone:
The hundreds of billions for Small Business (see image below) under the S.3548 CARES Act nearly equates to half of the $700 billion Emergency Economic Stabilization Act (EESA) of 2008
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@tipu curate
Upvoted 👌 (Mana: 18/30)
Hey there is more towards this story you know... you should go deep into it, which I will soon. Bitcoin's first block had a message from Satoshi simply, that had some news clipping talking about 2008 bailout. Interesting!!
Oh indeed it runs deep. Giving this topic justice would be a full-time job.