Trump's Dividend Proposal Sparks Frenzy Among Crypto Traders
President Donald Trump's proposal to give every adult US citizen a $5,000 'dividend' payment has sparked excitement in the crypto community. The estimated cost of this payout would be around $1.2 trillion, which is smaller than the pandemic-era stimulus but still represents a significant injection of liquidity.
Crypto traders are drawing parallels between this potential payment and the 2021 market, when a massive stimulus package helped kick off a bull run. Mark Chadwick, posting on X, described the scenario as 'the most insane Alt Season imaginable' if it were to happen.
However, not everyone shares this enthusiasm. Economist Peter Schiff dismissed the proposal as an attempt to buy votes, warning that printing the money would push inflation even higher than under the Biden administration.