Birdwatch Note Rating
2022-11-09 11:19:37 UTC - HELPFUL
Rated by Participant: 3159D38F5FEC2B52995A2670FFA4001BCE764A8A81ED8300E48D14EAECC1AA2F
Participant Details
Original Note:
The US national debt sits at ~$31 trillion. (https://en.wikipedia.org/wiki/National_debt_of_the_United_States) At the time of writing the entire circulating supply of BTC is valued at ~$394,641,582,884. (https://coinmarketcap.com/currencies/bitcoin/) It would not be possible for the US government to own enough BTC to pay off the national debt, even if it held the entire supply.
All Note Details