BRRR: Biden Readies a New $3T Stimulus Package

What a new package including more direct payouts to citizens plus big infrastructure spending mean for bitcoin and markets as a whole.

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

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Today on the Brief:

  • U.S. loses 140,000 jobs in December
  • Chamath’s SoFi SPAC
  • A SPAC for Bakkt

Our main discussion: upcoming stimulus plans

As the dust (finally? sort of?) settles on elections that began last year, the Democrats are looking to jump right out of the gate with a new set of stimulus plans, including both payments to individuals as well as big infrastructure spending.

In this episode, NLW discusses the specifics we know so far, the potential challenges to get these plans passed and what the implications for bitcoin might be.

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

Image credit: Joshua Roberts/Getty Images News

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