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Giuliano Giacaglia pfp
Giuliano Giacaglia
@giu
Global government debt is at a record $82 trillion dollars. That is up 7x in under 25 years. This is an ad for Bitcoin
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Guy Fawkes pfp
Guy Fawkes
@doj
ser wen pamp?
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Matt Garcia pfp
Matt Garcia
@mattgarcia.eth
make it pump, harder!!
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Karan Toor pfp
Karan Toor
@currentoor.eth
If debt isn’t outpacing GDP growth I think this is ok. I know that is not true in the U.S. but in general I don’t think it’s as simple as “more debt bad”.
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My Name Is… pfp
My Name Is…
@redw01f
If we had no debt it would be a bigger problem. Debt is good and how the government and people are able to grow and get bigger. It’s an investment. Plus we got at 0% interest before rate hikes. In 1982 it would cost 20% to borrow.
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PhatBear 🎩 pfp
PhatBear 🎩
@phatbear
BTC is only the primitive for a cultural revolution. But the likely scenario is that it will be absorbed into the current financial system.
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My Name Is… pfp
My Name Is…
@redw01f
How? You can’t wipe debt away just because there is a new currency a government starts to use. Unless you mean inflation caused by higher debt is good for btc. Really just means taxes will be paid in bitcoin.
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