The post Bitcoin, Not Politicians, Can Tackle US Debt appeared on BitcoinEthereumNews.com.

Robert Kiyosaki urges Americans to save in Bitcoin, gold and silver as U.S. debt reaches $35 trillion. U.S. Senator Cynthia Lummis proposes buying 1M Bitcoins to address the national debt crisis. Donald Trump’s Bitcoin plan suggests holding BTC for 20 years to help reduce U.S. debt. Robert Kiyosaki, author of Rich Dad Poor Dad, has sounded the alarm on the U.S.’s $35 trillion national debt. He believes the rising debt crisis is to definitely threaten the economy. He also puts forward the argument that neither Donald Trump nor Kamala Harris can solve the looming crisis. Instead, Kiyosaki advocates for ditching the U.S. dollar and to invest in assets like Bitcoin, gold, and silver. While I want Trump to win… it really makes little difference if Trump or Harris win. The real problem is the $35 trillion in US debthat is the real problem….neither Trump nor Kamala can solve. As stated in earlier tweets the US debt goes up by $1 1trillion every 100 days.… — Robert Kiyosaki (@theRealKiyosaki) September 13, 2024 Bitcoin as Hedge Against Debt Crisis Kiyosaki highlights the U.S. government’s reliance on debt, as the core issue. Interest on the national debt has been way over $1 trillion annually, exceeding all other U.S. expenses combined. With the debt growing by $1 trillion every 100 days, Kiyosaki argues this is fueling inflation and devaluing the dollar. Read also: Robert Kiyosaki Predicts Bitcoin to Hit $105,000 if Trump Wins 2024 Election Senator Cynthia Lummis had also proposed a Bitcoin strategy to address the U.S. debt issue. She suggested the U.S. government buy 1 million Bitcoins over the next five years, echoing El Salvador’s approach of accumulating Bitcoin as part of its national financial strategy. Trump’s Bitcoin Strategy Sparks Debate Even Donald Trump is hellbent on using Bitcoin to tackle the…

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Filed under: News - @ September 13, 2024 7:26 pm