According to ChainCatcher, Lightspark co-founder Christian Catalini shared his views on US debt, Bitcoin strategic reserve proposals and replacing Federal Reserve Chairman Powell.
Catalini believes that the United States is not on the verge of a debt crisis. The world has accumulated debt after the 2008 financial crisis, and although excessive debt is not a good thing, countries need to address this issue.
If Powell is removed next year, it will weaken the credibility of the SEC and the dollar, which will raise questions about the market's debt capacity. If Bitcoin becomes a strategic reserve asset, it may mark the end of the Fed's global monetary policy leadership.
