Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do.
National Debt news
Bitcoin’s correction reflects investors’ inflation concerns and highlights the potential impact of future US fiscal policies.
By integrating Bitcoin into client portfolios, Strive’s new wealth management unit can in part offer Americans “true financial freedom,” its CEO Matt Cole said.
A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community.
Institutional adoption, US government overspending and future economic stimulus packages are just a few reasons why analysts believe Bitcoin price is on the path to $100,000.
Bitcoin price saw a sharp sell-off today, but the BTC futures market is showing zero signs of fear.
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone.