The Federal Reserve Bank of Minneapolis recently released a research report suggesting that the government ensure its ability to maintain a permanent budget deficit by imposing taxes on Bitcoin or banning its circulation. The report pointed out that the existence of Bitcoin may cause the government to face a "balanced budget trap," that is, a state of being forced to balance the budget. The Federal Reserve believes that the unique implementation of a permanent primary deficit can be restored through a legal ban or taxation of Bitcoin. Currently, the U.S. primary deficit is about $1.8 trillion, and the total national debt has reached $35.7 trillion. (Cointelegraph)