🔥ATTENTION🔥
🚀This is the main reason why Bitcoin has guaranteed success. It's not just me saying it, it's EXPERTS and BILLIONAIRES
🤯Treasury Secretary Bessent states: "The United States government will never go into DEFAULT. We will raise the debt ceiling."
Why does this favor Bitcoin⁉️
Let's see what Ray Dalio had to say following Bessent's statements:
👉Ray Dalio claims that when countries have major debt problems and it is denominated in their currency, they inevitably devalue it.
"Since a debt asset is the promise to receive a specific currency at a future date, and since when you hold a currency you depend on a debt instrument, debt and currency are essentially the same."
"That's why all currencies weaken in relation to gold."
🔸More debt = more issuance: When the U.S. spends more than it collects, it finances its deficit by issuing more debt.
🔸Additionally, if buyers (like China or Japan) stop buying, the FED or the Treasury may be forced to intervene by buying bonds with newly created money to prevent interest rates from rising.
🔸This increases the supply of dollars and reduces its value.
🔸Bitcoin has no debt. It has no forced inflation. It has no politicians or electoral cycles. Its supply is predictable.
🔸In a world where more and more people see the dollar as a political promise and not a stable value, Bitcoin gains value as a mathematical, neutral, and scarce alternative.
How is the debt situation in the U.S.⁉️
▪️Currently, the national debt of the U.S. exceeds $36 TRILLION
▪️Projected interest payments on the debt in 2025 are $952 billion
▪️These interest payments represent approximately 3.2% of GDP and more than 18% of federal revenue
📍Bessent's claim that they will CONTINUE TO ISSUE DEBT is a CLEAR SIGNAL that the DOLLAR will continue to lose purchasing power