The U.S. is on an unsustainable path with its skyrocketing national debt, and even the Federal Reserve has admitted it. This is what we call a Debt Spiral, where more debt is needed just to cover interest payments. Here's a quick breakdown:
📜 Historical Context (1790 - 2024):
- 🇺🇸 1790: U.S. debt started at $75 million after the Revolutionary War.
- ⚔️ Wars and 💥 economic crises caused massive spikes in debt.
- 📈 2024: U.S. national debt has hit over $33 trillion!
🔁 The cycle continues as debt grows faster than the ability to pay it off, leading to potential inflation and economic instability.
💡 Why Bitcoin? 💡
As trust in traditional financial systems wanes, many are turning to Bitcoin.
Here's why:
- 🪙 Limited supply(21 million cap) = protection from inflation.
- 🔐 Decentralized = no single authority controls it.
- 💰 Hedge against the devaluation of fiat currencies.
Is Bitcoin the future? 🌐