CryptoDangers8888
09/05 05:29

Bitcoin is now gaining credibility as a hedge while the Federal Reserve faces a debt-driven dilemma.
The U.S debt is at historically high levels right now.
At the time of writing, America’s debt pile stood at $37.3 trillion. Notably, the United States spends about $1 trillion a year just on interest and needs another $9 trillion to roll over existing debt, plus roughly $2 trillion more to cover the deficit.
Keeping this in mind, hedge fund billionaire Ray Dalio has warned that this pattern could push America towards a debt-induced “heart attack” within the next three years. Hence, the question is – Where does that leave Bitcoin [BTC]?
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