

America’s Debt Crisis & Bitcoin’s Institutional Era with Avik Roy
13 snips Sep 24, 2025
Avik Roy joins the discussion with a wealth of expertise as Chairman of the Foundation for Research on Equal Opportunity and senior advisor to the Bitcoin Policy Institute. He explores America's looming fiscal crisis and Bitcoin's potential as a strategic reserve. Roy discusses the factors delaying a debt reckoning and the importance of broad ownership to safeguard against government intervention. He also outlines innovative custody solutions and argues that institutional interest in Bitcoin could outpace government accumulation, signaling a major shift in investment strategies.
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Debt Driven By Health-Care And Entitlements
- The U.S. fiscal problem is structural and driven largely by federal health-care spending and long-term entitlement growth.
- Bitcoin's appeal strengthens as fiscal stress makes people seek scarce, portable stores of value.
Push For Policy That Protects Bitcoin Access
- Encourage pro-Bitcoin policy moves like legalizing ETFs and resisting CBDCs to keep dollar-to-Bitcoin rails open.
- Advocate for government actions that signal Bitcoin's legitimacy to institutional and retail investors.
Concentrated Bitcoin Holdings Create Political Risk
- A fiscal collapse would likely trigger targeted government action against Bitcoin because holdings are highly concentrated.
- Broader ownership and resilient on-ramps are key defenses against future crackdowns.