A standard setting in the US can cause a large economic fall -out, higher interest rates, job losses and a weaker dollar. With debts on $ 36 trillion and a 122% debt-to-BDP ratio, rising costs and political stalemate prior to the ceiling decoration of August 2025, press adds. Yet the US has never failed and his Ministry of Treasury believes that it can be avoided with timely action. Looking at the current scenario, Coinbase CEO Brian Armstrong warns that Bitcoin could replace the US dollar as the reserve currency of the world if America could not control the expenses.
Until now, however, Bitcoin cannot be benefited from the American debt spiral. BTC is currently trading around $ 104,500 and is at a critical level instead of increasing, even if the US dollar weakens and economic uncertainty is growing.
The profession of Bitcoin is growing in the midst of rising American debts
Armstrong went to X this week, to vote Support for Bitcoin but express concern about the financial process of America. “I love Bitcoin, but a strong America is also super important for the world,” he wrote. “We have to get our finances under control.”
The comments come when the American debt affects a historical high, with tax responsibility in the center of the political debate. Armstrong warned that if voters do not put pressure on congress to reduce the deficit, Bitcoin could of course evolve into the dominant global currency.
His warning wins at the grip as an institutional demand for Bitcoin rises, reinforced by fixed delivery and rising reputation as a cover against inflation.
But crypto analyst Wendy O believes that Bitcoin will not become a reserve currency due to the high volatility. However, she says that there is still a lot of demand. According to her, a Stablecoin will rather play the role of a global reserve currency.
- Also read:
- Consensys CEO Lubin reveals what the comeback from Ethereum has activated
- “
Trump-Stunder Bill Faces Backlash
Moreover, the timing can no longer be heated. Huis republicans push an expenditure account approved by Trump that extends tax benefits, increases military expenditure and lowers social programs. Critics, including six Nobel Prize -winning economists, say that it can add another $ 3 trillion to the national debt if it is made permanent.
Tesla CEO Elon Musk closed the bill as a “pork -filled, disgusting horror”, warning that it could float the shortage to $ 2.5 trillion a year.
Bitcoin Reserve is gaining strength?
In parallel news, American legislators investigate Bitcoin as a strategic reserve resistant. A bill introduced by Senator Cynthia Lummis suggests that the treasury is 1 million BTC, which is around 5% of the total offer, to cover itself against tax instability in the long term.
According to the proposal, BTC would be stored in decentralized safes, financed via existing Treasury activa. Lummis has framed it as a modern version of the Gold Reserve, with the argument that it could protect the value of the dollar and strengthen national security.
With Trump who pushes to turn the US a global crypto hub and distrust in traditional monetary policy, Bitcoin comes closer to the heart of America’s financial strategy.
`;; Let SelectedsubsUBSubRIFTIONSARRAY = SelectedsubscriptionSstring.Split (‘,’); Leave subscription categories = SelectedsubscriptionSarray.Map (Subscription => Subscription.Split (‘_’)[0]); Let’s subscription category = subscription categories.join (‘,’); Subcribedmodal.innerhtml = subscribedpopupmodal; IF (Document.getelementbyid (‘Selectide’)) {Document.getelementbyid (‘Selectidname’). Textcontent = subscription categories string; } Document.Queryelector (‘#subscribe-modal design. Modal’). style.display = ‘none’; Subscribedmodal.style.display = ‘block’; Subscribe modal.classlist.remove (‘hide’); subscribe modal.classlist.add (‘show’); Document.getelementbyid (‘Subribe_’ + categoryid) .style.display = ‘none’; Document.getelementbyid (‘usubsibe_’ + categoryid) .style.display = ‘block’; Var Showdownloadreport = Document.getelementbyid (‘download_report’); if (showdownloadreport) {showdownloadreport.style.display = ‘block’; }}} Catch (e) {console.error (‘error parsing response:’, e); }},}); } Function Closemodal (Template_ID) {Var Modalid = template_id; Var Modal = Document.Queryelector (‘#’ + Modalid); // Use queryelector to find the modal IF (modal) {modal.classlist.add (‘hide’); modal.classlist.remove (‘show’); Setimeout (function () {modal.style.display = ‘no’;}, 500); } else {console.warn (‘modal not found:’, modalid); }} function closeunsubscribemodal () {Var unsubscribemodal = document.Queryelector (‘. Non-dumped-written-popup modal. Modal’); if (non -subscripemodal) {unsubscribemodal.classlist.add (‘hide’); unsubscribemodal.classlist.remove (‘show’); } Settimeout (function () {unsubscribemodal.style.display = ‘none’;}, 500); } Function closesubscribemodal () {VAR Abs scriptmodal = Document.Queryelector (‘. Subscribed-popup modal. Modal’); Settimeout (function () {subscriber.style.display = ‘none’;}, 500); if (subscription modal) {subscriber.classlist.add (‘hide’); Subscribe modal.classlist.remove (‘Show’); }} Function without loginclicked (Zonderlogin_ID) {LocalStorage.Setitem (‘Absscribe_witout_login’, ‘True’); LocalStorage.Setitem (‘SubCribe_Clicked_ID’, Withoutlogin_ID); } Document.Addeventlistener (‘Domcontentloaded’, Function () {Const subcurewit wood data = LocalStorage.GeTitem (‘Subribe_Wood_login’); Const subcribe_Clicked_Cat_ID = Localstorage.getitem (‘Subscrobe_id_id’); {Name) document.Cookie; Let Parts = Value.Split (“;” + name + “=”); Category ID Subscribed_popupmodal (Subscribe_clicked_cat_id); /![type=”checkbox”]’); initialist items.foreach (function (item) {console.log (item.Checked, ‘initial check box controlled status’);}); Var list items = document.Queryelectorall (‘. Subscription options Li’); if (list item.length === 0) return; Var Anyactive = False; list items.foreach (function (item) {Var checkbox = item.queryelector (‘Input[type=”checkbox”]’); if (checkbox) {if (checkbox.Checked) {item.classlist.add (‘active’); Anyactive = True; // Set Anyactive to True} Other {item.classlist.remove (‘Active’); // Remove ‘active’ class if the check box is not checked}}}); } Function Updatebuttontext (Anyactive) {Var Subcribtonspan = Document.querySelector (‘. Subscribe-submit .changebtntext’); if (abscribtonspan) {If (anyactive) {abscribtonspan.textcontent = “Subscribe now”; } Else {Abscribtonspan.textcontent = “Unsubscribe”; }}} Function updatesubsion button () {Var Listitems = Document.Queryelectorall (‘. Subscription options Li’); if (list item.length === 0) return; Var Anyactive = False; list items.foreach (function (item) {Var checkbox = item.queryelector (‘Input[type=”checkbox”]’); if (checkbox) {if (checkbox.Checked) {item.classlist.add (‘active’); Anyactive = True; // Set Anyactive to True} Other {item.classlist.remove (‘Active’); // Remove ‘active’ class if the check box is not checked}}}); // Attach the KnopText based on whether a list item has the ‘Active’ Class UpdateText (Anyactive); } Document.addeventlistener (‘click’, function (event) {Var clickeditem = event.Target.closest (‘. Subscription options Li’); If (clickeditem) {Var checkbox = clickeditem.queryelector (‘Input[type=”checkbox”]’); if (check box) {checkbox.Checked =! Checkbox.Checked; updateubsion button (); }}});