Right now many famous financial media house are calling bitcoin a bubble including famous economist. Chinese legal status on ICO is still uncertain and some rumors of local trading platform getting shut down by government is mounting. All this adding uncertainty to whole crypto space but data from government books and CNS news shows that recent package of Donald trump pushed the gross national debt to all time high over $20 trillion.
So which one you think is a bubble, bitcoin or US economy? Comment your views below….
Bitcoin vs. U.S. national debt. Does one solve the other? If the U.S. population moves to crypto currencies and away from the dollar, what happens to the national debt? Would it follow the U.S. dollar if the U.S. dollar was to disappear?