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 dwelling particular person within the nation.
That’s the dangerous information
That is the excellent news
The US’ accelerating debt might enhance the adoption of Bitcoin and nicely n’ actually solidify it as a protected haven asset.
The much less beneficial the greenback turns into → the extra {dollars} it takes to purchase BTC → BTC’s rising worth is (because it all the time has been) its personal commercial.
Ideally, we by no means must 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’ out there 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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