Brian Armstrong: Bitcoin may become the new global reserve currency amid the debt crisis in the United States.

2025-06-04 05:39:39

Gate News bot news, Brian Armstrong warned that if the U.S. Congress does not swiftly take action to address the $37 trillion debt issue, Bitcoin could “take over” and become the next global reserve currency.

Armstrong wrote on social media on Tuesday: “I love Bitcoin, but a strong America is also crucial to the world. We need to take control of our financial situation.”

As Armstrong expressed concerns over the debt crisis, House Republicans passed the Trump-backed “Big Beautiful Bill” in May, which extended tax cuts, increased military spending, and cut budgets for Medicaid, food assistance, and clean energy.

Source: Decrypt

BTC-1.2%

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Last edited on 2025-06-04 05:43:30

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