Bitfinex analyst: $35 trillion in U.S. debt could push Bitcoin into “hard currency”

Odaily News Bitfinex analysts said that the ever-expanding US debt may consolidate the position of Bitcoin. "The $35 trillion US Treasury debt highlights the importance of Bitcoin as a 'hard currency' and may become a catalyst for the next upward cycle of Bitcoin... This may prompt investors to seek other means of storing value such as Bitcoin, which is often seen as a means of hedging against economic inefficiencies." (Cointelegraph)