How would it affect the world and global economy?
What happens if the US debt becomes to large?
Juan Roberts
Luis Perez
you won't be affected if you buy 0xBTC
Liam Sanchez
Short answer:
Probably nothing.
Long answer:
Maybe something, but probably not.
Colton Turner
all it will do it speed up the transition of 0xBTC becoming global world currency
Hudson King
Go bankrupt, start at 0. Don't have to pay interest payments anymore, fuck over China. Win-Win.
Lincoln Russell
Yes it would affect the global economy but I doubt the US will default on it's debt.
We'll just keep printing money and everything will inflate. In 30 years, a pack of gum will cost $10
Jackson Bennett
they will print more money secretly
Parker Nelson
The US debt is kind of bullshit, it's this overlooming atomic bomb of economic destruction but it won't be dropped all at once, they will just print their way out of it and hyperinflate the dollar over a long period of time to keep the ponzi scheme going. There will never be a time where the US debt gets paid off in full since that would mean hyperinflation of the dollar and economic collapse.
We are the ones paying for it. Not just Americans, basically everyone in the world is forced to shoulder some of the burden due to every other currency being pegged to it in some way or another, especially oil.
Jordan Ramirez
money is debt you moron
Lincoln Powell
Wouldn't that just cause the US to become Venezuela? Where our money is worthless and countries probably own us?