U.S. Faces $37 Trillion Debt Crisis—Is Crypto the Escape Route?

by

Is America’s Debt a Comedy or a Tragedy? You Decide! 😂💸

So, here we are, folks. America’s national debt is now over $37 trillion. I mean, come on! Just ten years ago, it was a mere $18 trillion. What happened? Did we suddenly decide to throw a party and invite all the debt? 🎉

And now, experts are saying Bitcoin and stablecoins might be our saviors. Really? Bitcoin? The thing that sounds like a bad sci-fi movie? Let’s dive into this madness!

U.S. Double Down On Debt

The U.S. debt is growing by about $4.27 billion every day. That’s like waking up every morning to find your credit card bill has multiplied overnight. If this keeps up, interest payments will eat up the entire budget. Social Security? Defense? Public services? Forget about it! 😱

Elon Musk recently tweeted that the U.S. is on the brink of “de facto bankruptcy.” I mean, if Elon’s worried, we should all be panicking, right? He says 25% of government revenue is just going to interest payments. That’s like spending a quarter of your paycheck on avocado toast! 🥑

If this continues, America goes de facto bankrupt and all tax revenue will go to paying interest on the national debt with nothing left for anything else.

— Elon Musk (@elonmusk) June 16, 2025

And then there’s economist Peter Schiff, who claims the U.S. is already bankrupt. It’s just not wearing a sign that says “Bankrupt.” Talk about a hidden talent! 🎭

Why Bitcoin Is the Only Solution?

Analysts are now calling Bitcoin a protective asset. Apparently, each U.S. citizen holds over $106,000 in national debt. That’s like having a mortgage on a house you don’t even own! And for taxpayers, that number jumps to $323,000. Who knew being a taxpayer came with such a hefty price tag? 💰

But here’s the kicker: while the U.S. debt doubled, Bitcoin’s price skyrocketed from under $500 to over $111,000. It’s like watching a bad sitcom that somehow becomes a blockbuster hit! 🎬

The US National Debt is now over $37 trillion.

Our govt is spending $7.1 trillion
The US govt budget deficit is over $2 trillion

We are spending 25% of all US govt revenue on interest payments for the national debt.

— Wall Street Mav (@WallStreetMav) June 20, 2025

Raoul Pal, founder of Real Vision, compared Bitcoin to a “life raft.” So, we’re all just floating on a raft in a sea of debt? Great! Just what I wanted to hear! 🛶

Stablecoins: A Surprising New Ally?

While Bitcoin is the life raft, stablecoins are like the life jackets. U.S. Treasury Secretary Scott Bessent thinks stablecoins could help reduce the debt. I mean, if they’re backed by U.S. Treasury bonds, maybe we’re onto something. Or maybe it’s just wishful thinking! 🤷‍♂️

The GENIUS Act, which aims to regulate stablecoins, has passed the Senate. It’s like watching a slow-motion train wreck. You can’t look away! 🚂

But with America’s debt growing, everyone—governments, investors, and everyday folks—are scrambling for solutions. It’s like a game of musical chairs, and I’m not sure there are enough chairs! 🎶

Read More

2025-06-20 15:20