“The spike in unemployment has aggravated the need for a store value. It led to many business setbacks, especially in the real estate, travel, and hospitality sectors.
A survey from Arcane Research revealed that 48% of the respondents felt secure about their financial future this year, while 46% did not. The study showed a 2% upswing from last year to the “Not Secure” column.
Although this ( economic stimulus) may bring short term relief, it will create more significant problems like inflation. Reports show that more than $3 trillion have been printed in 2020 alone, amounting to roughly 20% of all the U.S. dollars in circulation.”
These are some really bad numbers, and US government is talking about more stimulus coming soon. With 46% of the US population (assuming that the sample is representative) being insecure about their financial future this year, there’s a huge wave coming for Bitcoin and other crypto.