CoinbaseInsights

Brian Armstrong, CEO of Coinbase, has just warned about the rapidly escalating U.S. national debt, which has now surpassed $36.9 trillion – a record high that poses risks of global instability. Armstrong believes that without timely solutions, Bitcoin could emerge as an alternative safe haven asset to the USD.
He emphasized that Bitcoin could serve as a hedge against uncontrolled fiscal policy and the weakening of the U.S. dollar. Data shows that the U.S. has to spend up to $1 trillion each year just to pay interest on debt, putting significant pressure on the national budget.