Web 3
Yikes! The US National Debt Just Surpassed $35 Trillion (This Is Why We Need Bitcoin)
Credit : www.web3daily.co

TL; DR
Full story
Would you take a look at that! Historical past has simply been made.
However not in a great way.
For the primary time ever, the U.S. nationwide debt exceeded $35 trillion – which quantities to greater than $105,000 for each dwelling individual within the nation.
That is the dangerous information 👆
That is the excellent news 👇
The US’s rising debt burden might enhance Bitcoin’s acceptance and actually cement it as a protected haven asset.
The much less helpful the greenback turns into → the extra {dollars} it takes to purchase BTC → The rising value of BTC 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 because of the collapse of the greenback.
What we’ll say is that this:
We’re completely satisfied to have a ‘life raft’ accessible if such an occasion have been to happen – one that can not be manipulated and could possibly be topic to the identical destiny as fiat foreign money.
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