October 29, 2020

U.S. debt growth to $ 23 trillion - good reason to buy BTC

U.S. national debt growth to $ 23 trillion - good reason to buy BTC

According to U.S. Debt Clock, U.S. public debt has reached $ 23 trillion and debt to GDP ratio (gross domestic product) is currently 106.65%. Thus, the debt per US citizen is $ 69,724.

Official information on the US national debt also appeared on Twitter:

An active participant in Twitter's crypto sector, Rhythm, spoke out on this subject, noting that every dollar of US government debt is a good reason to buy bitcoins.

"US government debt reached $ 23 trillion, generating 23,000,000,000,000 reasons to buy bitcoin."

Bee Capital bv also commented on the tweet, adding that 1 bitcoin accounts for more than $ 1,000,000 of debt.

Recently, the famous crypto entrepreneur Max Keyser said in an interview that with their policies, central banks are contributing to the success of the world's leading digital assets, and mainly Bitcoin (BTC).

The central bank is about to burst, and all fiat money will die. Monetary policy of the US Federal Reserve with uncontrolled emission has a growing effect on the value of bitcoin.

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