Birdwatch Note Rating
2022-11-08 13:47:55 UTC - HELPFUL
Rated by Participant: 48327A4FCC9D55C8C6896FCCDB74C2A5B74B1FDC0CD2172408CDADDC14B3FCDF
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