Here’s what Bitcoin did while the US added to its $37T debt
As the U.S. national debt surpassed $37 trillion due to extensive government spending and stimulus measures, Bitcoin emerged as a resilient alternative with a fixed supply of 21 million coins. This transformation from a digital experiment into a trillion-dollar asset was fueled by increasing skepticism about conventional financial systems, institutional adoption, and innovations in Bitcoin's technology. Key milestones included regulatory approvals for ETFs, recognition by major firms like BlackRock and Fidelity, and the acceptance of Bitcoin as legal tender by El Salvador. With a market cap reaching around $2.1 trillion by mid-2025, Bitcoin's appeal grew as a hedge against inflation and a tool for deflationary asset allocation. If just 1% of U.S. stimulus funds had been directed to Bitcoin, it could potentially have added substantial market value, shifting the perception of cryptocurrency from a speculative asset to a sovereign-endorsed reserve asset. Despite concerns over volatility, Bitcoin increasingly represents a cultural movement advocating for decentralization and economic freedom.
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