#TrumpVsMusk Elon Musk Supports Coinbase Forecast: Bitcoin Could Overthrow the US Dollar as Reserve Currency
Coinbase CEO Brian Armstrong expressed concern on June 3 on social media platform X about the rising national debt of the United States, which recently exceeded $36.9 trillion. His remarks were made in response to a widely circulated post by World of Statistics, describing the dramatic annual increase in federal debt levels since 1966. The chart showed an unrelenting pace of government borrowing over several decades and revealed a sharp rise from $23.2 trillion in 2019 to $36.9 trillion projected for 2025. This data has reignited public debate about Washington's financial strategy and its potential consequences for the global financial system.