Good morning. Your way does sound more fair but it still creates distortions. Imagine everyone gets a stimmy check no matter their wealth. The goods and services in the economy remain the same but now they are being chased by more dollars so at first cut you could expect that everything will just get more expensive in proportion. So that doesn’t help anyone. But I don’t actually need a stimmy check to survive so i spend all of mine on bitcoin. But a poor person may have to spend all of theirs on food and shelter. In effect you gave rich people free bitcoin and made them wealthier. Was that your intention? In Australia they came up with the genius idea of giving all first home buyers a grant. All that happened was house prices went up in lock step, housing there is still unaffordable. All the well intentioned ideas for centrally managing the money supply makes it worse.
