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.
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?
Puerto Rico has defaulted on $800 million of its general obligation bond debt, with no plans on paying it back. Smart investors go with Bitcoin instead.
Puerto Rico Defaults on Debt: Invest in Bitcoin Instead
Greece debt crisis appears to have been averted, or at the least delayed. A €50 billion bailout package has been offered, if the Greek parliament agrees to impl...
How the Greece Debt Crisis Showed the World That Bitcoin Is a Store of Value