Donald Trump asks if Bitcoin can help solve the U.S. National Debt problem
The U.S. national debt, currently at a staggering $34.77 trillion, has become a major concern for the country. In this context, Donald Trump has consulted with the Bitcoin Magazine CEO, wondering if the leading cryptocurrency can help with it. With a debt per citizen of $103,259 and a debt per taxpayer of $266,952, the situation is alarming. Moreover, the U.S. National Debt to GDP ratio has skyrocketed from 34.59% in 1980 to 122.27% today. Finbold retrieved this data from usdebtclock.org on May 28. U.S. National Debt-related data. Source: usdebtclock.org Interestingly, the Bitcoin Magazine posted on X on May 28, reporting the U.S. Treasury Secretary Janet Yellen’s sayings. Yellen warned that higher Federal Reserve interest rates would make it harder to control the National Debt. Picks for you Memecoin created by ChatGPT soars 2,...