Birdwatch Note Rating
2022-11-08 14:25:09 UTC - NOT_HELPFUL
Rated by Participant: FC8897BD3AA680C8959662F75FFB338AA99180DF5E963304B2EFE84A2C614506
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.
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