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Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit

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U.S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again.

The U.S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed. The bailout is intended to cushion families against the covid-19 fallout.

Instead of buying groceries or paying rent, many Americans opted to invest in the top cryptocurrency when they received their first stimulus checks in April.

And the gamble — ditching inflationary government money for deflationary crypto — is paying off. Those that converted the free money to bitcoin have raked in …

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