BRRR: Biden Readies a New $3T Stimulus Package

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Which means for a new package with more direct payouts to citizens and high infrastructure spending for Bitcoin and the markets as a whole.

This episode is sponsored by Nexo.io and this week’s special launch: Stacks.co.

Today on the letter:

  • The US will lose 140,000 jobs in December
  • Chamath’s SoFi SPAC
  • A SPAC for Bakkt

Our main discussion: upcoming stimulus plans

As the dust settles (finally? Somehow?) On the elections that started last year, Democrats are trying to jump right out of the gate with new stimulus plans that include both payments to individuals and high infrastructure spending.

In this episode, NLW discusses the details we know so far, the potential challenges to bring these plans to fruition, and the potential implications for Bitcoin.

See Also: Why Joe Biden’s $ 3T Stimulus Package Could Add Fuel To Bitcoin Rally

Photo credit: Joshua Roberts / Getty Images News