#USNationalDebt 🚨 *US National Debt Grows to Over $35 Trillion!* 💸
From the US National debt consistently on the rise, the most recent threshold of debt has reached new heights at over $35 trillion and now averaging over $100,000 per American citizen. As the debt continues to grow, the possibility and magnitude for causing inflation, possible increases in interest rates, and devaluation of fiat currencies should be at the forefront of the minds of every investor.
*Why Us National Debt Matters:*
- *The risk of inflation*: Excessive US national debt could lead to inflation due to diminished value of fiat currencies.
- *Increased interest rates*: If the debt continues to rise that historically results in increased interest rates due to their impact on economic growth/economic recovery.
- *Devalued fiat currencies*: Hopefully there becomes a defined risk of severely weakening trust by investors in western traditional fiat backed money and economic markets.
*Let crypto to the rescue!* 🪙
- *Bitcoin as an inflation hedge:* Bitcoin is scarce, limited to only 21 million coins, and therefore will offer one form of hedge against government debt and inflation.
- *Global acceleration in crypto adoption*: There has been a considerable uptick in cryptocurrency adoption by consumers and businesses across multiple countries of late, particularly by countries experiencing higher levels of economic instability.
*Long-Term Perspective:*
- *Fiat backed markets losing global trust* - By giving people alternative to trust and allocating resources shows an exciting balance of power that is beginning to reset who controls the financial narrative.
- *The risk of economic uncertainty and the US debt situation a signal for all markets, including cryptocurrencies.*
*What say you?* 🤔 Is the rise of the US national debt a bullish signal for Bitcoin or is it a market risk? #Bitcoin #USNationalDebt #CryptoNews #InflationHedge #BTC $BTC