Samson Moo says Bitcoin is the only way out of the bad state of the US economy

Samson Move, a backer and CEO of Bitcoin-focused firm Jan3, has commented on Platform X about Federal Reserve Chairman Jerome Powell's recent big interview on 60 Minutes, where he talked about the US debt.

According to Moo, the federal government is now on an "unsustainable fiscal path," and he continued by saying that the national debt is growing much faster than the U.S. economy. In a recent interview, Jerome Powell admitted that he is concerned about this in the long term because the United States is now "borrowing from future generations." The Fed chief told the host that the United States must return the priority to financial stability and that "sooner is better than later." Powell emphasized that the Federal Reserve plans to cut interest rates. Also, currently, the national debt of the United States of America is 34 trillion dollars.

In response to Powell's comments, Samson Moo says Bitcoin is the only way out of the economy's "debt spiral" because Bitcoin is "harder money" than the dollar.#link #RONIN #ETH #Write2Earn $BTC #Write2Earn