Crypto Gloom

Galaxy CEO: US Debt Crisis Increases Bitcoin Demand

Galaxy CEO Shares Measures to Prevent US 'Debt Death Spiral' - Says Debt Crisis Could Make Bitcoin Easily SellableGalaxy Digital CEO Mike Novogratz proposed several measures to prevent a surge in U.S. debt. The executive explained that the U.S. debt crisis has made it “very easy to persuade people to buy Bitcoin and other real assets.” He emphasized that implementing these measures would give the United States a chance to avoid a “debt death spiral.” (…)