Andrew Hohns: Why Bitcoin Can Fix America’s Debt Spiral

Battery Finance’s Andrew Hohns explains why taxes won’t fix the $40T debt, how a Bitcoin reserve defeases it, and why Treasury should pilot BitBonds. U.S. federal debt has grown 40x in 45 years, from $1 trillion in 1981 to over $40 trillion. Andrew Hohns, founder and CEO of Battery Finance, explains why he doesn’t expect tax hikes or spending cuts to fix it, and how a strategic Bitcoin reserve could help defease the national debt. He also makes the case for the Treasury to pilot BitBonds.

Source: Bitcoin Magazine