America's debt has reached 37 trillion Dollar and is on the verge of 38 trillion, it will embrace 38 in just a few days.

I am honestly surprised by some analysts who say that America will pay off its debts by buying a million Bitcoin and when its price rises, they will sell.

▫️America needs to pay approximately $2.2 trillion annually to settle its debts for 30 years.

🔹If we say it will pay off its debts with Bitcoin like some people claim, it means that the price must reach how much? The price of Bitcoin must be 38 million Dollars. We can't even reach 130 thousand right now, and you say it will pay them off with currencies. The entire market, along with Baba Ghanouj, has a market value of 4.2 trillion, which means it will take many years to reach that, and God knows whether the market will still exist by then or if the bubble will burst.

🔹Let's address those who say to pay off her debts with gold and reprice it.
The US gold reserve is 8133 tons. Do you know how much the price of an ounce needs to reach to pay off its debts of 145,000 Dollars? And which foolish country is selling its gold reserves?

Even if we said to establish a sovereign fund, you would still need trillions to provide a return between 5% - 8%, and it must cover the interests.

🔺I know why central banks, funds, people, traders, and all humans are buying gold and its price has risen because everyone sees a mountain of debt that is close to collapsing as they see a crisis and disaster looming on the horizon, and until now we haven't touched on the trade war and geopolitical tensions and the Dollar, in which trust has started to shake; until now I have talked about the debts, but there are still many disasters I haven't talked about, like BRICS and how it threatens the Dollar and industry... #GateSeptemberTransparencyReportComing #CryptoMarketPullback