$1400 Stimulus Complete Pass/Bitcoin Surges/Btcmyk

Welcome back to the channel. I hope you're having a great day. So I want to bring some of the latest news on the third stimulus check. Uh, it has had its final approval in the House, and the bill is expected to be signed on Friday by Joe Biden. COVID-19 bill with $1,400 checks, expanded jobless benefits, and more child tax credit money will now be sent to President Biden for his signature. So, um, as we can see from the last stimulus package, the Biden administration seems to waste very little time in getting it out once everything is approved. Joe Biden also will not be putting his signature on the checks, anything that could delay payments going out to Americans who desperately need them. Um, it will not, uh, he will not delay that in any way. Um, there's also many more expanded benefits besides the $1,400 check, but in this particular video we're focusing more on the $1,400 checks because it is the It is what's more akin to universal basic income. And as this is a cryptocurrency channel, about 90%, uh, we, uh, have now began to see when these stimulus packages, uh, come out that there is seemingly a boost in the value of the cryptocurrencies. Um, in fact, at the announcement of the approval of this stimulus package, the price of Bitcoin surged over $400. So look at here at the price of Bitcoin now, over $56,000. Uh, looks like it's eyeing the $60,000 mark. Uh, maybe some of the predictions will come true of the $100,000 Bitcoin, of $200,000 Bitcoin. Will be interesting to see. Cryptocurrencies and the market in general, although the stock market hasn't reacted yet, tend to have a positive reaction, obviously, to stimulus. There's more money injected into the economy. There are gonna be more spending. There are gonna be more businesses able to sell products, and in a perfect scenario, you're going to have a movement of money, right? And circulation of money, which is what you needed. And that's why currencies are so valuable, is they can deliver value and economic prosperity to people. There is talk of in custodial accounts with cryptocurrencies, entire stimulus checks just going into these accounts, right? And I believe that's happened with several of these custodian wallets. And that's interesting. That shows that when people have capital, when they have a surplus, as it were, or available funds, that many people tend to want to invest in cryptocurrencies. And, uh, obviously that's good for the cryptocurrency markets. Um, so that's a good thing overall, and that's what economic stimulus does. Looking at a cryptocurrency, or going from a cryptocurrency like Bitcoin to a Bitcoin fork like Bitcoin MYK, that uses many of these elements, the cryptocurrency and it has this universal basic income feature that has these very close similarities to what's happening with these economic relief packages where a lot of people get a lot of money across the board and there's this stimulus in the economy. So, um, there are some similarities there, but the, uh, the economic recovery package, the COVID packages, the stimulus package is not universal basic income. But interesting enough, in the political climate, if you look at figures like Andrew Yang, who had got to weigh in on a lot of what was happening, what you find, what you find is that through his math, he came up with figures like instead of these trillion dollars going out to these various agencies and programs, that it would've made more sense just to give it directly to the American people. And I agree with that, right? Who would know how to spend their money better? His figures come out to something like $20,000 per American. And he also goes on to say how, just how affordable that is for us. But a lot of during this, these procedures that, you know, create a lot of friction was that money that was going into these programs that wasn't necessary or had nothing to do with COVID-19, right? Or recovery of individuals. If we wanna talk about recovery of individuals, I have to double back on just give the money directly to the people. And the people will find a way to spend the money best to— that best benefits them. And I think that makes more sense than going through all these various agencies where they can be abused by people, where people can commit fraud. And that's what's happened so far with every package they've launched, to a degree. Um, We believe many of the reasons that the economy is going this way is because we're moving into a time in history where projects like universal basic income are going to be the future. And what we're seeing now, we're gonna see a lot more of that. And there are some projects spearheading that already, like the project we're looking at here, Bitcoin MYK, which is this Bitcoin fork. You know, everybody who has Bitcoin, they get it free. The unclaimed tokens are distributed out to everybody else as universal basic income. And there are these, this very participatory platform, this very participatory economy where people can engage in it and then they're able to gain more of the tokens and share their creativity and gain value, so on and so forth. We believe this is where the future is headed in these projects. So you can start in addition to receiving your stimulus package if you're an American. If you're not an American, you can claim our cryptocurrency free. And I think much like as an American, I am going to probably get a stimulus check, probably if everything lines up, but it's probably likely I'm gonna definitely follow suit like many other in the cryptocurrency community, that's making investments in cryptocurrencies, which I think can further help economically stimulate the economy and people's personal finance. Um, and so that's probably going to happen. If you're not eligible, or if you are, I would definitely invite you to go in our description, click on that link, register an account with the BitcoinMYK Universal Basic Income program. that we believe can do a similar thing through cryptocurrency by creating mass adoption. And in addition to that, um, basically, uh, stimulating the economy. Uh, so we, we see no reason why that cannot work in a similar fashion how the stimulus packages are working, right? If you believe in those theories, then there's no reason why this theory wouldn't follow suit in a similar fashion. But that's all I want to say. Just want to update you all on that. As always, if you like content like this, don't forget to like, share, subscribe, all that good stuff, so that you're always able to get valuable information that we provide as soon as we get it. And, uh, we'll be glad to have you aboard. Until next time, as always, take care.