Trump's $2,000 Tariff Dividend Promise for Americans Faces Skepticism from Crypto Investors Regarding Its Likelihood This Year
Skepticism About Tariff Dividend: Cryptocurrency bettors are doubtful that President Trump's proposed $2,000 tariff dividend will be implemented by 2025, with odds at only 16% on prediction markets like Polymarket and Kalshi.
Trump's Announcement and Criticism: Trump announced that every American would receive a minimum of $2,000 funded by tariff revenues, dismissing critics of his tariff policy, while Treasury Secretary Scott Bessent suggested dividends might not come as direct payments.
Concerns Over Economic Impact: Economist Peter Schiff criticized the plan, arguing that the dividends could exceed tariff revenue and lead to increased imports, worsening the U.S. trade deficit.
Market Activity: Over $100,000 has been wagered on the likelihood of the tariff dividend being realized, with Polymarket allowing bets using the USDC stablecoin, although it is not available to U.S. residents.
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