Trump's $5,000 Stimulus Plan: AI-Powered Chatbots Predict Bitcoin's Fate

US President Donald Trump has proposed distributing $5,000 to each adult American citizen if Republicans retain control of Congress after the midterm elections.

This plan would cost an estimated $1.2 trillion and sparked controversy, with some speculating that a portion of this sum could flow into the cryptocurrency market, potentially triggering a major altseason.

Three AI-powered chatbots were consulted on the potential impact on Bitcoin (BTC). ChatGPT predicted that BTC would experience a strong initial pump but warned that the real danger lies in the aftermath. It suggested that inflation and currency debasement could strengthen Bitcoin's 'digital gold' narrative, while higher yields and tighter monetary policy might hurt speculative assets.

Perplexity echoed similar sentiments, stating that such a decision would be mildly bullish for BTC in the short term but not a standalone bull market trigger. The long-term effect would largely depend on the Federal Reserve's actions and the overall condition of the American economy.

Gemini, another AI-powered chatbot, compared Trump's proposal to the stimulus packages distributed during the COVID-19 pandemic. It noted that some people used part of their benefits to purchase BTC, which eventually triggered a bull run in 2021. Gemini predicted that this new stimulus package could trigger an even more substantial rally for BTC than the one from 2021.