Impact of U.S. infrastructure bill on Bitcoin

The Senate just voted 67-27 to limit discussion on a massive infrastructure bill, which is one of the biggest investments in America’s roads, bridges, airports, and waterways in years. Biden shared his thoughts on Twitter before the vote, calling it a "once-in-a-generation investment" that will create solid jobs by fixing up our roads, bridges, water systems, and electrical grids. He emphasized, "We can’t afford not to do this. We can't just go back to how things were before COVID-19, we've got to do better this time." So here’s the question how does all this money printing in the US impact Bitcoin? If the $3.5 trillion gets approved, do you think we’ll see a boost in Bitcoin’s price?

Some analyzes have found that a certain percentage of people who have received stimulus checks have actually invested that amount in Bitcoin, and the question is whether this money is exclusively for the economy or will there be new checks again? However, so much money must (at least in the short term) bring some positive change, because such investments undoubtedly mean the creation of new business, which means people will spend more - possibly on investing in cryptocurrencies. Given that most people view the US as a measure of economic stability in the world, it is possible that one such bill has a positive effect on the entire world.

Probably the individuals won't do much, but institutional investors, which tend to be sensitive to the signs of inflation, may invest some more into Bitcoin. Also if Bitcoin won't go up, then US dollar will go down. The result on the ticker will be a rise.

Every time when the dollar and tether is printed, the bitcoin prices go up because it makes dollar more inflationary and bitcoin is the best store of value at the moment.

It's well explained above that it's likely what the institutions are going to do. But for retail or small investors that have or will receive the cash, there's many of them that have done or will do the same thing. It is like whenever there's another printing of money from the US government, it also reflects to bitcoin just as these bigger institutions are acting on it to defeat the possible inflation that will result from it.

I've always thought that there is a correlation between interest levels and bitcoin prices as I think some companies might prefer to hold bitcoins rather than cash as Tesla did. I don't think people will think the same way and I don't know if the money of these people is enough to move the price and we are all at the beginning of a long upward path.

If those workers that work to build the infrastructure buy bitcoin with the portion of their income, it could affect bitcoin maybe a few dollars. I don't think average Joe's can affect the bitcoin prices with their pocket changes anymore. Only the crypto whales like Elon can do that kind of stuff because they command billions.

I am not sure about the content of this infrastructure bill but there is important bill fight happening in Senate now that can affect all crypto world. Senator from Wyoming Cynthia Lummis  is one to follow on twitter @CynthiaMLummis for all the updates related this bill and anything Bitcoin related. She is big Bitcoin supporter, she mobilized a lot of people and they might be able to change and correct some things, but bad bill will most likely be accepted, this is one step more closer to dystopian future. If they fails to pass Lummis amendment in Senate they will probably move to House of Representatives, so fight is not over but they are pushing it hard, making last minute changes with thousands pages on purpose. This guy have no freaking idea what he is saying, but printing more fiat money means more inflation (or hyperinflation) and Bitcoin must go up, at least until all this economic balloon crashes. They can put their BBB globalist slogan up in their asses. LIVE broadcast now on twitter by Senator Pat Toomey: https://twitter.com/i/broadcasts/1zqJVXqgmRWKB

The latest Lummis-and-others amendment was blocked by Senator Shelby, an 87 year old senator who is bought and paid for by banks and Wall Street donors. Ted Cruz then proposed a new amendment to scrap all the cryptocurrency provisions in the bill altogether, and Shelby blocked that too. And so it goes through the Senate with the original wording. It will now go back to the House for further discussion and a second attempt at fixing the cryptocurrency provisions. If they manage to pass an amendment, then it will need to be reconciled with the version the Senate passed. If they don't, then it will need to be later challenged in the courts.

Now the price of bitcoin was keep on increasing with some good value.When the money flow had increased in the United States,it will increase the price of bitcoin.Because the people will start to inverse their money,instead of holding.People of united states ,inverse their money.They don't have a idea of holding and keep the money to sleep.