Summary
COVID-19 Relief Stimulus Checks Begin Hitting Bank Accounts
You Can Make Lots of Money Investing Money in Bitcoin
Bullish Signal for Bitcoin as the Supply of Bitcoin Stays Low
Background
Bitcoiner,
On March 14th, 2021, the $1,400 stimulus checks part of the COVID-19 relief package began depositing into US citizens bank accounts.
This is the 3rd official stimulus check from the United States government. Here’s a quick timeline of each stimulus check from this past year:
April 12th, 2020 - $1,200
January 2nd, 2021 - $600
March 14th, 2021 - $1,400
This short article will not be about politics. You can read more about that topic in a recent article here.
This article will be about investing your $1,400 stimulus check into the best asset in the world. Yes, this is investment advice. No, I am not a licensed financial advisor.
Quick Story
I invested the second stimulus check I received the day it hit my bank account. I bought Bitcoin with it.
Below is a Tweet I made about it on my second Twitter account (try not to laugh at the amount of people following the account):
My $600 investment from slightly over 2 months ago is now worth around $1,100 today.
Why is this Important?
Today is important because you can use free money from the government to buy Bitcoin, the scarcest asset on the planet.
Think about that for a second. The US government just created $1.9 Trillion dollars and added it to our money supply. The US dollar is losing more of its purchasing power by the day. You have the option to invest in Bitcoin right now. Bitcoin will have a fixed supply of 21 million. Nobody can decide to print more than that. Get some while it is still cheap.
I put my money where my mouth is today and bought Bitcoin. Have you? :)
Happy Sunday,
-Pod
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Eric Podwojski
Founder, Bitcoin EDU
Twitter: @epodrulz