The price of Bitcoin has halved from its peak in 2021, but still has high upside potential. The U.S. federal debt has risen from 60% to 120% today over the past 15 years, and there are two ways to address this problem: 1. Economic growth must increase at a faster rate than debt is created; The second is to reduce the amount of debt associated with economic growth. For political reasons, the elected candidate is unlikely to prioritize spending cuts, leaving only a realistic option for the amount of debt accumulated in the United States relative to GDP: currency depreciation.
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The price of Bitcoin has halved from its peak in 2021, but still has high upside potential. The U.S. federal debt has risen from 60% to 120% today over the past 15 years, and there are two ways to address this problem: 1. Economic growth must increase at a faster rate than debt is created; The second is to reduce the amount of debt associated with economic growth. For political reasons, the elected candidate is unlikely to prioritize spending cuts, leaving only a realistic option for the amount of debt accumulated in the United States relative to GDP: currency depreciation.
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