Author

Topic: Not being attached to any debt-ridden govt makes BTC more and more attractive (Read 566 times)

hero member
Activity: 560
Merit: 500
Government has no regulation on BTC.
They can only regulate usage.

or...I missed what you were saying.
sr. member
Activity: 1008
Merit: 250
the country wont default on its debts, its already announced it will prioritize its debts and pay them first.
full member
Activity: 187
Merit: 100
No?

My knowledge of economics is limited at best but in terms of the overall value of BTC, its decentralized nature looks like more of a positive by the day, what with the USA credit rating likely being downgraded from Aaa and the country on the verge of defaulting on its debts for the first time in its nearly 250 year history.

Can someone more well-versed in these areas school me on BTC's relation to the US debt situation?
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