During all this turmoil in the #economy & excitement around the halving, a large number of posts have shown up on the #Bitcoin  subreddit where users claimed they used their $1,200 in stimulus #money from the CARES Act to buy more of the #cryptocurrency.

The buying of #Bitcoin  directly w/ stimulus money is something to behold, as the general investment thesis around the #crypto asset is at least partially based on the idea that out-of-control, debt-based spending will eventually lead to fiat #currency devaluations.

@Bitcoin_Magazine