TL;DR
Full Story
Would you look at that! History was just made.
But not in a good way.
For the first time ever, the US national debt surpassed $35 trillion — which equates to over $105k for every living person in the country.
That’s the bad news ????
This is the good news ????
The US’ accelerating debt could increase the adoption of Bitcoin and well n’ truly solidify it as a safe haven asset.
The less valuable the dollar becomes → the more dollars it takes to buy BTC → BTC’s growing price is (as it always has been) its own advertisement.
Preferably, we never have to get to the point where Bitcoin’s merits are proven to the world thanks to the collapse of the dollar.
What we will say is this:
We’re glad to have a ‘life raft’ available if such an event were to take place — one that cannot be manipulated and subject to the same fate as fiat currencies.
