JUST IN: Binance Founder CZ says "Bitcoin could solve most public debt."
Binance founder CZ believes that Bitcoin could be a solution to the growing problem of public debt. He stated that if governments use blockchain to track public spending, it would create full transparency and reduce corruption. CZ also suggested that countries holding Bitcoin as a reserve asset could strengthen their economies in the long run. However, experts argue that while Bitcoin has potential, it’s not enough on its own, strong policies and financial reforms are also necessary to truly solve the debt crisis.