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Bitcoinist 2020-05-05 10:00:39

Bullish for Bitcoin: US Government Expected to Rack Up $3T of Debt in 3 Months

In a move bullish for Bitcoin, the U.S. Treasury has announced that it is looking to issue $3 trillion worth of debt in a single quarter. That’s three with 12 zeroes after it. This is a trajectory that many in the cryptocurrency space say validates the need for a decentralized asset like BTC. The U.S. Looks to Borrow $3 Trillion In a statement Monday, the Treasury department of the U.S. government said it is borrowing […]

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