Date: 2023-03-24T16:41:15Z Creator: Bitfolio Academy
The US has a huge debt problem. In just the last 3 years, the US has added $10 trillion to the national debt, currently $31.6 trillion.
Second, the US has a money printing problem. The Fed keeps printing money to prop up the US banking system and the US economy.
We need to look to financial innovation to solve this debt problem and this money-printing problem. We need to embrace decentralized digital currencies that are not tied to any central bank or government. But, what is happening instead, the US government is trying to suppress crypto. We need to embrace financial innovation and the opportunities it presents, or we will never get out of the debt mess we are in. It’s time for the US to stop trying to put Coinbase out of business; rather, itβs time to support Coinbase. It’s time for us to take action now before it’s too late.
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#debtcrisis #bankruptcy #economy #coinbase #bitcoin #crypto #btc #finance #cnbc #2023