Coin Stories News Block: $3.3T Deficit Warning, Bitcoin-Backed Mortgages, & Trump Pressures the Fed
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Jun 30, 2025 A looming $3.3 trillion deficit sparks heated discussions around economic policy and cryptocurrency's role in finance. The podcast highlights a transformative directive allowing Bitcoin to be recognized in mortgage approvals, paving the way for a new American Dream. Trump’s influence on the Federal Reserve and his push for rate cuts adds to the drama. Meanwhile, corporations are increasingly stacking Bitcoin, showcasing its rising legitimacy as an asset. Could Bitcoin be the answer to inflation and wealth inequality? Tune in for insightful perspectives!
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Massive Deficit Spike Warning
- The new tax and spending bill could add nearly $3.3 trillion to the deficit over the next decade.
- This growing deficit fuels monetary inflation and pushes asset prices higher, impacting the economy.
Bitcoin Eases Housing Affordability
- High home prices leave many Americans unable to afford houses, especially with half unable to buy a $250k home.
- Bitcoin may help by absorbing some inflation impact, making homes relatively more affordable for Bitcoin holders.
Bitcoin Recognized in Mortgages
- The FHFA has ordered Fannie Mae and Freddie Mac to count cryptocurrency as an asset for mortgage approvals.
- This move could allow Bitcoin holders to use their assets toward homeownership without selling and triggering taxes.