National Debt News
National debt is a public debt carried by the federal government of the country. National debt is a result of the financial borrowing of the country made to cover a deficit in the budget. There are two kinds of national debt, such as internal — which means the creditors are the residents of the country — and external — which means the creditors are from other countries. The first country in the world in terms of their national debt is Japan, and the country having the largest external national debt is the U.S. The U.S. national debt can be seen on the U.S. debt clock, set in the center of New York. In terms of cryptocurrency, Bitcoin — in some countries with a large national debt — was used as a way to store the value of money. Moreover, some countries use Bitcoin to pay its national debt.
Bitcoin should be there to allow people to save in the event the government fails, Senator Cynthia Lummis said.
‘Thank God for Bitcoin,’ Cynthia Lummis says on US debt limit raise
Many in and beyond the crypto industry believe that the political standoff around the debt ceiling increase makes digital assets more attractive in the long run...
US debt ceiling crisis: A catalyst for crypto’s ultimate decoupling?
Bulgaria has seized enough Bitcoin to pay off ⅕ of their national debt.
Bulgaria Seizes Enough Bitcoin to Pay Off 1/5 of National Debt
US Senate budget committee wants to add $1.5 tln to national debt - Bitcoin is a bubble?
Senate 2018 Budget Adds $1.5 tln to National Debt: Bitcoin Bubble?
As the total debt of the US federal government surpassed it’s all time high record with $19,659,460,647,160.83. Bitcoin is proving to be one of the very few alt...
US Government Debt Reaches All Time High, Bitcoin Offers Financial Protection
America’s national debt has spiraled out of control, now worth several thousand times Bitcoin’s total value as the country may be heading for another recession.
US National Debt Now Worth Bitcoin Thousands Of Times Over
National debt and central banking slowly drain people of wealth. What if, instead of national debt, we were able to use cryptocurrency to give people equity?
National Cryptoequity - Pleasant Opposite of National Debt?