The Debt Ceiling and the Unsustainable Nature of the Fiat System

BJ: I completely agree with Guy that this is just political theater. But we are on a path that's really bad unsustainable as particularly bad for the whole world. inflating its money supply to make it easier to pay down its debt has implications for all countries around the world. The coming decades actually structurally very good for Bitcoin because the US is in a bind. It's just politically too difficult, especially given the polarization in the US. Cutting spending is probably the most important thing we need to do.

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