Replying to Avatar BTChodl

Imagine in 10 years US national debt is over 100 trillion and national interest payments are 3 trillion a year.

That will probably be the reality. US interest payments will be over 6 times what Bitcoins current market cap is!

Apparently the feds prediction for 2032 is only 48 trillion but considering their prediction in 2018 for 2023 was 28 trillion and its now 31 trillion I bet they are being majorly conservative with this 9 year prediction.

That’s insane to think about in my lifetime the US national debt may achieve $1 quadrillion! At what point does the system give in and collapse? There will be a ripple affect where something cataclysmic causes the whole system to give in.
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Andy The Bitcoin Adviser 2y ago

Lots of assumptions would have to play out for that to happen, including consistent tax receipts meaning no recession.

I’d be surprised if they make it to 2032 without something properly breaking!

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BTChodl 2y ago

Agreed I just think they’ll come up with ways to hold it off down the line they’ve done it for decades now. At the expense of the American tax payer and the economy they’ll keep USD fiat alive but certainly not thriving.