Game Theory - 5K DOGE Repayment. What Could It Do To The Bitcoin Price?
If the U.S. population (Total taxpayers) collectively received $5k back from DOGE savings and those people decided to convert that into Bitcoin, it could have a few effects on Bitcoins price:
1. Increased Demand: A large influx of new buyers could boost demand for Bitcoin, driving its price up, especially if these buyers are retail investors looking to capitalize on Bitcoins perceived store of value or growth potential.
2. Psychological Impact: The action of a large number of people moving into Bitcoin could also have a psychological effect on the broader market, attracting more speculative traders and reinforcing Bitcoins bullish momentum.
3. Price Volatility: Given Bitcoins historical volatility, such a shift could also lead to short-term fluctuations as both institutional and retail investors react to the surge in demand.
However, the size of the impact depends on how much of that $5k would be converted into Bitcoin. If only a small percentage of DOGE holders decide to convert their holdings, the impact on Bitcoins price could be limited. But if a significant portion moves into Bitcoin, it could push the price higher, especially if the conversion creates a ripple effect in the market.
The Game Theory Breakdown
Now the most recent tax numbers we could find and the most accurate were from the 2023 tax season. Currently we are unable to find 2024 numbers, it is too soon. That being said the total amount of taxpayers in 2023 were reported 271 million of the estimated 335 million population (Population numbers as of 2023). End of 2024 population was 345 million.
If every United States taxpayer (around 271 million people as of end of year 2023) invested their $5,000 savings from DOGE into Bitcoin, it would represent a massive influx of capital into the Bitcoin market. Now granted this is a hypothetical of course assuming every taxpayer was “Orange Pilled” and properly educated on Bitcoin and solely invested in it. But why not right a little “hope-ium” blog this morning right?? That being said, we have crunched the numbers, and here is the breakdown.
1. Total Investment:
271 million people (taxpayers) × $5,000 (DOGE) = $1.355 trillion.
2. Current Bitcoin Market Cap as of 8:40am EST 2/19/25:
$1.91 trillion.
3. New Market Cap with Additional Investment:
$1.91 trillion + $1.355 trillion = $3.265 trillion.
4. Current Price of Bitcoin as of 8:40am EST 2/19/25::
$96,405.
5. Price Prediction:
$96,405 × (3.265 trillion / 1.91 trillion) = $164,797 per Bitcoin. (Every USA taxpayer invested in Bitcoin)
$127,194 per Bitcoin (Median number of USA Crypto users if invested all into Bitcoin)
The potential for Bitcoins price to surge to over $164,797 in the wake of a roughly 271 million Americans (2023 total taxpayers) investing all of the $5,000 each into Bitcoin is theocratically not possible as not everyone will use their DOGE payback all in Bitcoin. But if we go off the total USA crypto users in of 65-183 million as end of 2024, we get a median of 124 million. Using this number of all USA crypto users and if they invested all of their 5,000 DOGE payback check into Bitcoin, we get a price of $127,194 per Bitcoin. Just imagine the overwhelming impact of this tidal wave of capital flooding into the market.
Overall, this isn’t just about numbers; but a potential profound shift in how we view money, value, and investment. The Bitcoin revolution is gaining momentum, and Bitcoin stands at the epicenter. For those who are ready to embrace this future, the opportunity to be part of this transformation is within reach. This could be the moment when the masses finally realize that Bitcoin isn’t just an alternative asset it’s the future of finance. The question is…will you be part of the wave, or will you watch from the sidelines as history unfolds?
The choice is yours, but the clock is ticking, and the door is wide open. Step through it, and you might just find yourself riding the wave to unprecedented heights.
We hope you enjoyed this hypothetical blog piece this morning. Regardless of this scenario the bigger picture is institutional adoption is here to stay. Let us know your thoughts either here or on X. Thanks for reading….”The Cure”.
Disclaimer: Crypto Cure News offers no financial, investment, tax, or legal advice. Content is for educational and entertainment purposes only, reflecting the writer's opinions. Trading equities or cryptocurrencies carries significant risk. Use your judgment and conduct your own research. You are responsible for your financial decisions.
