Bitcoin

Global government debt is at a record $82 trillion dollars. That is up 7x in under 25 years. This is an ad for Bitcoin

🇧🇷🇺🇸 - Book: Making Things Think: https://holloway.com/mtt Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph

If debt isn’t outpacing GDP growth I think this is ok. I know that is not true in the U.S. but in general I don’t think it’s as simple as “more debt bad”.

If we had no debt it would be a bigger problem. Debt is good and how the government and people are able to grow and get bigger. It’s an investment. Plus we got at 0% interest before rate hikes. In 1982 it would cost 20% to borrow.

Hunter / Analyst / Degen
Addicted to gains but will always take profit

Already has by becoming centralized ETF for Wall Street fat cats.

BTC is only the primitive for a cultural revolution. But the likely scenario is that it will be absorbed into the current financial system.

How? You can’t wipe debt away just because there is a new currency a government starts to use. Unless you mean inflation caused by higher debt is good for btc. Really just means taxes will be paid in bitcoin.