2min chapter

The Café Bitcoin Podcast cover image

Bitcoin Education with GenZ4BTC, Greg Foss and Zachary with Bitcoin Stem - June 19th, 2023

The Café Bitcoin Podcast

CHAPTER

The Debt Spirale Is Accelerating Higher

The US national debt will be at 50 billion in the next couple of years. The Congressional Budget Office estimates 200% of GDP by 2051. That's only math. Don't confuse math. All of these dynamics are not just focused on the cost of the ASIC. It's all input costs. An energy, my argument, is the most important input cost into the mining equation.

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