We all knew this would happen, but it's nice to see some numbers attached to it

A new survey put out this morning says that roughly 35-40% of respondents said they would put some of their stimulus money into stocks or bitcoin.

(Source: https://money.yahoo.com/nearly-10-of-the-380-billion-in-stimulus-checks-may-be-used-to-buy-bitcoin-and-stocks-survey-131009531.html#:~:text=People%20will%20go%20shopping%20for,market%20value%2C%22%20Dolev%20writes.)

The stimulus money they are referring to are the $1400 checks that are heading out as we speak to individuals and families all over America.

If we do some quick napkin math on things that could (guesstimation) equate to roughly 10% of the total being spend on bitcoin.

Which would come out to a shade under $40 billion.

If look back at how reflexive the bitcoin market is, we could see the impact of that on the market be as much as 20x.

Which would imply about $800 billion in creased market cap, which is almost a double from the current price.

Curious how bitcoin gets to $100k this year? That's how.

You can thank Uncle Joe, he's going to take care of you.