Excellent post. So the next logical step for governments is to issue debt free money themselves. This would be better, but still a fiat monetary system. Although i don't believe this is your intention, but your post seems to suggest that debt free money issued by the government is the way to go. Which is not the way in my opinion. The way to go is hard sound money and not fiat money.

Any form of hard sound money (bitcoin, gold) is the way to go...

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Bitcoin is the future but it need to keep growing to be the ultimate solution. Today is not liquid enough to replace every fiat currency, but it will.

replacing federal reserve notes and treasury bills with treasury notes will elimine the national debt. The US government would have to buy back every existing bond with notes to kill the always increasing interest burden.