U.As we speak – Max Keiser, a monetary journalist and advisor to Salvadoran President Nayib Bukele, took to his X account (previously often called Twitter) to share his opinion on the attainable consequence of america' quickly rising nationwide debt.
Keizer cited a tweet posted by the @RadarHits X account. The submit revealed that the U.S. nationwide debt has reached a brand new all-time excessive of $35.27 trillion. The debt now features a debt of $104,568 per citizen.
A Bitcoin maximalist shared a prediction that he expects the fiat US greenback to break down “most likely inside 6 months.” @RadarHits has urged that the fast development in debt is essentially because of the latest involvement of the US in sure geopolitical occasions, offering massive monetary assist and printing billions of {dollars} to take action.
The debt skyrocketed, including a full trillion US {dollars} in simply eight months – making it $34 trillion in January 2024.
In his latest tweets, investor and writer of the guide “Wealthy Dad Poor Dad” Robert Kiyosaki talked about the quickly rising US debt as the principle purpose for Bitcoin to rise to at the very least $100,000, which he expects to achieve within the close to future, corresponding to subsequent yr.
Max Keizer on Durov's arrest: “Bitcoin is the most secure”
A few week in the past, Telegram messaging app founder and TON cryptocurrency billionaire Pavel Durov was arrested at a significant French airport after leaving his non-public jet.
The official purpose for his arrest was a scarcity of cooperation with the French authorities, who demanded that Durov comply and supply private consumer information and keys to secret chats. Durov confronted fees of complicity in drug trafficking, fraud and cash laundering, amongst different fees.
Nonetheless, Durov was launched after paying bail of 5 million euros and is now pressured to go to the police twice per week. When Durov was arrested, TON crashed by greater than 15%, though his non-Telegram crew mentioned that the TON blockchain was operating in its regular mode.
Commenting on this example, Keizer said that Bitcoin is the one secure crypto, not like “s-coins” – TON, ADA, , ETH and plenty of others. It is because Shytoshi Nakamoto selected to stay nameless.
Keizer tweeted that any of the 30,000 altcoins might meet an analogous destiny to TON and its founder Pavel Durov.
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