US National Debt Hits Terrifying $22 Trillion. This is Why Bitcoin Matters.

in economy •  6 years ago 

The United States just passed $22 trillion. This is the first time it ever happened.

Under President Trump, the debt is exploding, although at a slower pace than under Obama. This is not the fault of any one person. It is the sign of a system on a collision course.

Bitcoin is more important because of this. The United States economy is on the path of ruination because of all this debt. To keep things afloat, there are going to be more moves that keep feeding the trough.

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Thanks for using @edensgarden!

It is kinda ridiculous, really, to think about the amount of debt the US has. Factor in the rest of the world [China] and debt relative to economy [Greece] and wow... something is going to happen.

Maybe we can just keep printing money and hope.... or buy bitcoin and hodl.

Hope or Hodl.

  ·  6 years ago Reveal Comment