The post Trump’s $35 Trillion Debt Plan: Analysing The Impact on Cryptos appeared first on Coinpedia Fintech News
Donald Trump recently suggested that the United States could use Bitcoin to pay off the country’s national debt. The idea triggered serious debates, especially inside the crypto community. Could Bitcoin really help tackle the national debt? More importantly, what would this mean for the crypto industry, how might BTC’s price react? Let’s dive into these questions deeper!
US Debt Crisis: An Overview
As per the official data published by the US government, the national debt of the United States, or the amount of outstanding borrowing the government accumulated over the nation’s history, is nearly $35.05 trillion, as of 6th August, 2024.
The below data shows the growth of the US National Debt over the last 100 years.
Year U.S. National Debt 1923$403 B1943$2.40 T1963$3.07 T1983$4.20 T2003$11.24 T2013$21.93 T2023$33. 17T
In 1923, almost 100 years a
We współpracy z: https://coinpedia.org/research-report/trumps-35-trillion-debt-plan-analysing-the-impact-on-cryptos/
