List of Flash News about Financial Singularity
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2025-06-29 04:51 |
Balaji Srinivasan Flags US National Debt Growth as 'The Original Singularity,' Highlighting Bullish Case for Bitcoin (BTC)
According to Balaji Srinivasan, the exponential growth of the United States' national debt constitutes 'The original singularity.' By sharing a chart that depicts the nation's debt on a sharp, seemingly uncontrollable upward curve, Srinivasan suggests that the traditional financial system is approaching an irreversible crisis point. For traders, this macroeconomic perspective implies a potential for significant debasement of the US dollar. This scenario strengthens the investment thesis for scarce, non-sovereign assets, positioning Bitcoin (BTC) as a critical hedge against systemic financial instability and fiat currency inflation. |