Elon Musk has posted a tweet with an astronaut standing on the Moon watching a meteorite hitting the Earth and then flying through it in a cloud of fire.
The CEO of Tesla and SpaceX, one of the most famous entrepreneurs of the modern world, might be sharing his take on the consequences of the coronavirus pandemic and the fact that the US Fed Reserve is printing another giant sack of USD to support businesses.
Meanwhile, the situation for average Americans is getting worse. Two weeks ago, the number of jobless claims in the US totaled 3.3 mln.
Then reports shared figures of 3.2 mln and 6.6. mln again last week. This week, 6.6 mln more people filed their jobless claims.
The US Fed Reserve keeps printing dollars and intends to give US citizens government cheques, $1,200 per month, to help them survive in the COVID-19-caused financial crisis.
Some economists are warning that the US is heading for another Great Depression. The one that happened in 1929-1930 may seem like child’s play next to this one.
Crypto influencers and VC investors, such as Anthony Pompliano, and even some politicians are betting on Bitcoin, saying that it is a good store of value right now.
Subscribe to U.Today on Twitter and get involved in all top daily crypto news, stories and price predictions!