Matt Hougan, CIO of Bitwise, one of the world’s largest crypto fund managers, referred to the value of bitcoin as a hedge against the U.S. debt and the decline of the dollar. In social media, Hougan stated that bitcoin was an instrument that allowed investors to put funds in the market taking public debt into…
Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned that the U.S. is adding a trillion dollars to its debt every 100 days. He advises investing in gold, silver, and bitcoin to safeguard against economic instability. Kiyosaki also points out the dangers of relying on traditional banks, noting that banking panics are often…
Americans are now holding more household debt than ever before. According to a report from the New York Fed, U.S. credit card debt is soaring and touched a high of $1.14 trillion this quarter of 2024. Apart from household and lifestyle debt, credit card transactions also include spending on student loans, mortgages, and home equity…