Donald Trump Sees Bitcoin as a Solution to the US Debt Crisis

Krutika Adani

Severe Debt Crisis in the US

With over $34 trillion in national debt, the US might soon be headed for a severe debt crisis.

More than GDP

The total debt exceeds GDP by almost $10 trillion.

Debt Per Capita

On average, each person carries $100k in debt, while the debt on taxpayers exceeds $250k.

Donald Trump’s Solution

Trump explored Bitcoin as a solution to the crisis, assisted by David Bailey, the CEO of Bitcoin Magazine.

Inflation Hedge

Trump and Bailey believe Bitcoin can be used as a hedge against inflation or as an alternative currency.