04-21-2020, 01:06 PM
No, Americans Are Not Buying Crypto With Stimulus Checks
Last week, Coinbase CEO, Brian Armstrong implied that Americans were using their stimulus checks to buy crypto. His reasoning centered around a spike in deposits of exactly $1,200, at around the time of first-wave stimulus payments. However, for many reasons, this logic is flawed. As such, this data alone is not evidence of a government-funded...
https://www.newsbtc.com/2020/04/20/no-am...checksKind Regards R
Last week, Coinbase CEO, Brian Armstrong implied that Americans were using their stimulus checks to buy crypto. His reasoning centered around a spike in deposits of exactly $1,200, at around the time of first-wave stimulus payments. However, for many reasons, this logic is flawed. As such, this data alone is not evidence of a government-funded...
https://www.newsbtc.com/2020/04/20/no-am...checksKind Regards R