United States National Debt Hits 23 Trillion over $1M Per bitcoin

The United States national debt is now over $23 trillion, according to website U.S Debt Clock. It is also worth noting that the debt per United States citizen is $69,724 and that the debt to gross domestic product ratio is 106.65%.The milestone has been pointed on Nov. 1 by Bitcoin advocate Twitter personality Rhythm, who also said that every dollar of U.S. national debt is, in fact, a reason to buy Bitcoin.Host of the Keiser Report and cryptocurrency entrepreneur, Max Keiser, also says that central banks are contributing to Bitcoin’s success in a recent interview with tech news outlet Hackernoon published on Nov. 1. Bitcoin proponents rang the alarm bells, pointing out that since mid-September, the U.S. Fed has effectively created hundreds of billions in new money — more than Bitcoin’s entire market cap of $165B — in a just a matter of days. Read more

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