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Yikes! The US National Debt Just Surpassed $35 Trillion (This Is Why We Need Bitcoin)

August 30, 2024
in Web3
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TL;DR

Full Story

Would you take a look at that! Historical past was simply made.

However not in a great way.

For the primary time ever, the US nationwide debt surpassed $35 trillion — which equates to over $105k for each residing particular person within the nation.

That’s the dangerous information 👆

That is the excellent news 👇

The US’ accelerating debt may enhance the adoption of Bitcoin and nicely n’ actually solidify it as a secure haven asset.

The much less invaluable the greenback turns into → the extra {dollars} it takes to purchase BTC → BTC’s rising worth is (because it at all times has been) its personal commercial.

Ideally, we by no means need to get to the purpose the place Bitcoin’s deserves are confirmed to the world due to the collapse of the greenback.

What we’ll say is that this:

We’re glad to have a ‘life raft’ accessible if such an occasion have been to happen — one that can’t be manipulated and topic to the identical destiny as fiat currencies.



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Tags: BitcoinDebtNationalSurpassedTrillionYikes
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