Is Bitcoin the Answer to the Debt Crisis?
🇺🇸 The US national debt has surpassed $35 trillion, sparking fears about the sustainability of fiat currencies.
This escalating debt could boost Bitcoin’s adoption as a "hard money" asset, with investors seeking safe havens like Bitcoin to protect against currency devaluation.
🇺🇸 University of Wyoming has established a Bitcoin Research Institute, marking the first academic institute dedicated to #Bitcoin studies 👏
🇸🇻🇷🇺 El Salvador proposes settling trade with Russia in cryptocurrency - Russian Diplomat
📊 Market Overview:
BTC : $66063
ETH : $3314.38
BNB : $584.54
SOL : $181.24
⚡ Dominance :
BTC : 52.32 %
ETH : 15.99 %
Stables : 5.93 %
📈 Market Cap :
Total : 2.49T
DeFi : 82.18B
24hr Vol : 80.73B
🚨🚨🚨 Community backlash against #WazirX's 🇮🇳 "55/45" compensation plan grows following $234.9M hack; users demand #CBI investigation.
#cryptonews
This escalating debt could boost Bitcoin’s adoption as a "hard money" asset, with investors seeking safe havens like Bitcoin to protect against currency devaluation.
🇺🇸 University of Wyoming has established a Bitcoin Research Institute, marking the first academic institute dedicated to #Bitcoin studies 👏
🇸🇻🇷🇺 El Salvador proposes settling trade with Russia in cryptocurrency - Russian Diplomat
📊 Market Overview:
BTC : $66063
ETH : $3314.38
BNB : $584.54
SOL : $181.24
⚡ Dominance :
BTC : 52.32 %
ETH : 15.99 %
Stables : 5.93 %
📈 Market Cap :
Total : 2.49T
DeFi : 82.18B
24hr Vol : 80.73B
🚨🚨🚨 Community backlash against #WazirX's 🇮🇳 "55/45" compensation plan grows following $234.9M hack; users demand #CBI investigation.
#cryptonews
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
BFSkinner : It’s decentralized so not ideal since the gov isn’t in control. Gov wants a stable coin so it could be a risk
EZ_money : well, what will you do with your Bitcoin if it's valued in fiat money
EZ_money : how will you determine it's worth if it's based on the dollar and the dollar fails
David900924 OP EZ_money : just like physical gold, how do u value gold if fiat depreciate, answer is the same. Bitcoin is digital gold.
EZ_money David900924 OP : sorry that will be determined when the time comes. it's called barter for goods. Bitcoin is a junk asset worthless outside of trading and has no value or uses like gold does as industrial metals do. gold is wanted and needed. Bitcoin market cap less than silver .... how the phuck can you say it's gold gold you can hold onto even without electricity. when the lights go out, or The Hack happens, how do you access your fake currency that's nothing more than machine language
David900924 OP EZ_money : As you said, time will determined it, as of now, adoption is low, till then it’s normal for ppl not to see the values of it until more country put real case on it,