Debt monetization is getting boring—now they want to turn debt into Bitcoin? Armstrong’s proposal is more like political rhetoric; the technical details and congressional resistance are both minefields.

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CryptoNews update, Coinbase CEO Brian Armstrong proposed using Bitcoin to address the United States’ $39 trillion in debt. His proposal highlights growing interest in cryptocurrencies as a fiscal tool, but it also faces skepticism and practical obstacles, limiting its near-term impact.
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