#USNationalDebt Could XRP Be the Magic Solution (or Too Good to Be True)?
Imagine this: the U.S. Treasury takes a substantial portion of the XRP deposit, valuing each at $1,000, totaling $36 trillion. Would this be enough to pay off the national debt? Consider that $9 trillion will be refinanced this year.
If this were to happen, not only would the billion-dollar annual payments for debt service be eliminated, but it would also allow for extremely low tax rates and potentially save crucial programs like Social Security and healthcare.
Sounds incredible, right? And perhaps too good to be true. The reality is that Congress would somehow find a way to complicate things, like "sharks in a feeding frenzy".$XRP
