According to Erik Voorhees, the US national debt will grow by at least $1 trillion annually, and the first cryptocurrency will help survive the coming financial apocalypse, which will be caused by the growing national debt.
“This is a real threat that cannot be fixed. It would be the most catastrophic and significant event in our lifetime,” Voorhees said.
The crypto enthusiast believes that it is necessary to abandon the existing concepts of nation states and the traditional financial system. He is convinced that Bitcoin is a tool that will help prevent the devaluation of the money supply and will act as a stabilizing factor.
Voorhees advised Donald Trump to pursue a liberal policy towards the first cryptocurrency:
“The best thing Trump and Vance can do during their time in office, since they won’t be able to significantly reduce the debt situation, is to create a four-year period during which cryptocurrency can thrive without being prosecuted.”
According to the CEO of the ShapeShift exchange, Bitcoin will be able to take deep root in the financial environment and help withstand the coming financial collapse.
Earlier, cryptocurrency analyst Michaël van de Poppe said that Bitcoin is starting a new cycle in the market, as it was able to hold its positions.
Source: Bits
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