-
Bitcoin in the Trump Era: A Cryptocurrency Cure for America's $36 Trillion Debt Crisis?
Bitcoin in the Trump Era: A Cryptocurrency Cure for America's $36 Trillion Debt Crisis?Over the past few years, high-profile figures and investors in the cryptocurrency industry have spent hundreds of millions of dollars promoting pro-cryptocurrency candidates into the US Congress. This has resulted in the current US government being one of the most pro-Bitcoin administrations in history
-
Title: The US Debt Crisis and the Potential Impact of Bitcoin
#Challenge 30 Days to Write a Diary on Headlines#The economic crisis and debt problem in the history of the United States, and envisioning Bitcoin as a possible solution. Reviewing the economic crisis from 1927 to 1930, it explains the pain and consequences of losing credibility caused by the abolition of the gold standard and the excessive issuance of dollars at that time
-
Bitcoin fell below $27000 as investors focused on debt ceiling negotiations
Treasury Secretary Janet Yellen has warned that the United States may break its debt ceiling before June 1st, and a default could trigger an economic recession.BTCAccording to CoinDesk data, the largest cryptocurrency by market value has recently traded at $26950, a decrease of approximately 1
-
Discussions in the United States on raising the debt ceiling and delaying the banking crisis are both positive for Bitcoin
Author: GregCipolaro, Global Research Director, NYDIG Compiled by WEEXBlogSummary: Bitcoin, as a non sovereign means of storing value, may be seen as an effective investment choice and hedging tool for those seeking to protect themselves from the conspiracies of politicians and monetary policymakers.Reading summary:The debate on the US debt ceiling is coming ahead of schedule due to the decline in tax revenue, which may highlight the importance of Bitcoin
