"It's going to be very difficult to fix the deficit with just changes in taxes and spending," says Fundstrat's Tom Lee. He says bitcoin is "potentially a Treasury reserve asset. If Bitcoin rises in price, it actually helps offset the liabilities, which is the deficit."

Sure let's let the US government own all the $BTC - that will make it decentralized !

Government debt to GDP: 🇯🇵Japan: 264% 🇬🇷Greece: 173% 🇪🇷Eritrea: 164% 🇮🇹Italy: 142% 🇺🇸US: 129% 🇧🇭Bahrain: 120% 🇱🇰Sri Lanka: 114% 🇪🇸Spain: 112% 🇫🇷France: 112% 🇨🇦Canada: 107% 🇬🇧UK: 101% 🇵🇰Pakistan: 89% 🇯🇲Jamaica: 86.2% 🇦🇷Argentina: 85% 🇺🇦Ukraine: 78.4% 🇨🇳China: 77.1% 🇫🇮Finland: 73.3% 🇧🇷Brazil: 72.87% 🇿🇦South Africa: 67.4% 🇰🇪Kenya: 67.3% 🇩🇪Germany: 66.1% 🇹🇭Thailand: 60.96% 🇵🇭Philippines: 60.9% 🇮🇱Israel: 60.9% 🇲🇾Malaysia: 60.4% 🇳🇱Netherlands: 50.1% 🇰🇷South Korea: 49.6% 🇶🇦Qatar: 46.9% 🇮🇶Iraq: 43.3% 🇳🇵Nepal: 41.4% 🇮🇩Indonesia: 39.9% 🇳🇬Nigeria: 38% 🇳🇴Norway: 37.4% 🇳🇿New Zealand: 35.9% 🇮🇷Iran: 34% 🇸🇪Sweden: 32.9% 🇹🇷Turkey: 31.7% 🇸🇦Saudi Arabia: 30% 🇦🇺Australia: 22.3% 🇪🇪Estonia: 18.5% 🇷🇺Russia: 17.2% 🇰🇼Kuwait: 2.9%

New to Bitcoin? ‘Bitcoin Nation’ offers a comprehensive introduction to Bitcoin’s role in fixing economic and social systems. This book explains how Bitcoin can be a solution to issues like inflation and financial instability, making it more than just a currency.

Interesting perspective! So Bitcoin could become the digital ace up the Treasury’s sleeve? Imagine the deficit shrinking as crypto grows—talk about a 21st-century twist to balancing the books!

We have went from: ‘Bitcoin is a useless pet rock’ - Jamie Dimon To Bitcoin will be a reserve asset to eradicate the defecit in less than a year

The governments appetite for taxes grew and grew. We need to recalibrate it

Oh no longer a Federal Reserve, now we talking about Treasury Reserve. I like that, BULLISH on BTC!!!!

The deficit is literally just the difference between taxes and spending

Gambling it is!

It’s going to take a lot todo it. But someone has to.

This is the “can’t cut spending” orthodoxy that needs to be put aside Finding a new way of financing debt is just making the future adjustment harder