Bitcoin: A Hedge Against U.S. National Debt and Inflation Concerns
Bitcoin's rising prominence is increasingly being viewed in the context of the U.S. national debt, which has surpassed $31 trillion. As the government continues to borrow heavily to finance various programs, concerns about inflation and currency devaluation have intensified. Many investors are turning to Bitcoin as a potential hedge against these economic uncertainties.
The finite supply of Bitcoin, capped at 21 million coins, contrasts sharply with the unlimited capacity of fiat currency to be printed. This scarcity is appealing to those worried about the implications of rising national debt, as it suggests that Bitcoin could retain value better than traditional currencies in an inflationary environment.