It really doesn't matter if it was the "very poor". I guess inflation doesn't matter if it's caused by very poor people people spending more
These are rhetorical questions and frankly kind of silly. You're implying that the poorest, unemployed Americans temporarily receiving $600/wk caused the creation of shitcoins. There are so many leaps and bounds and no context. So no, I can't offer you another explanation.
Also personal savings rate jumped to 30% during that time due to covid stimulus. Your retort is some moral argument about it doesn't feel right because poor people.
You're not having a serious conversation so I'm going to bow out. Reconsider the facts and put your moral indignation aside