Stimulus Check Returns On Bitcoin Mining

The two-year anniversary of the first of three coronavirus economic impact payments (aka, stimulus “stimmy” checks) deposited in U.S. taxpayers’ bank accounts came and went on April 11, and headlines about monetary inflation, possible economic recession and generally grim financial tailwinds are everywhere.

The ethos of Bitcoin stands diametrically opposed to the perceived reckless spending and money printing that characterized the past two years, specifically with Bitcoin miners tasked with issuing new units of bitcoin at predetermined, unmalleable intervals. So, at this point, perhaps it’s appropriate to look back on the returns that individuals who received stimulus checks would have enjoyed if they invested their dollars into bitcoin mining and the alternative financial world it supports.

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