Coinbase CEO fears that Bitcoin will change the greenback if US debt grows as Elon Musk seeks to fireside 215 Republicans

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Coinbase CEO Brian Armstrong issued a harsh warning this week. If US lawmakers don’t management nationwide debt, Bitcoin can purchase the greenback as the worldwide reserve forex.

“If voters don’t take accountability for lowering the deficit to Congress and begin paying off their money owed, Bitcoin will take over as reserve forex,” Armstrong stated. Posted X. “I like Bitcoin, however sturdy America can also be crucial to the world. It’s essential handle your funds. ”

His feedback have been a direct response to posts from the world of statistics exhibiting residents’ debt figures over time. Numbers draw dramatic photos. Debt surged from $5.7 trillion in 2000 to $36.9 trillion in 2025, growing greater than six instances in simply 25 years.

The tweet sparked widespread debate and drew responses from outstanding figures throughout crypto and mainstream tradition. YouTube creator Mrbeast requested dullly. “We’ll solely accumulate over $100 trillion in debt over our lifetimes.

cryptography influencer Wendy has been closely skeptical.

In the meantime, HODL15CAPITAL mirrored Armstrong’s considerations from a special angle.

Elon Musk retweeted the submit and responded with American flag emojis.

Elon Musk splits from Republican spending agenda

Musk seems to be actually irritated with the present administration after leaving the White Home place. He assaults Republican lawmakers, voting in favor of “one large lovely invoice,” calling it “nasty hatred” in authorities spending.

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Musk additionally repeated Armstrong’s sentiment in one other submit:

“Curiosity funds already devour 25% of all authorities revenues. If large deficit spending continues, you’ve the cash simply to pay curiosity, and there is nothing else.”

Musk’s late-night tilade continues throughout a number of posts, claiming that “The Mammoth Expense Invoice is bankrupting America!”

He additionally referred to as for and declared that each one politicians who supported the invoice must be fired within the midterm subsequent yr,

“Subsequent November we’ll hearth all of the politicians who betrayed the People.”

The assertion got here from a submit by Matt Van Swol, who highlighted GOP overexpenses, ignored Doge cuts and spent an excessive amount of time on trip. All lawmakers besides Republicans voted “sure” on the controversial invoice, with all 214 Democrats voting “no.”

The US authorities spending disaster is upon us

The background to this discourse is a troubling monetary trajectory. Curiosity on federal debt alone will method $1 trillion this yr, doubtlessly doubled by the mid-2030s, in response to estimates from the Congressional Funds Workplace.

The bipartisans resisting rising eligibility prices, pandemic-era spending, and tax hikes and slicing common packages are all contributing to Balloon’s deficit.

The greenback’s standing as a worldwide reserve forex has lengthy been supported by the scale and perceived stability of the US economic system, in addition to the steadiness of deep and liquid monetary markets.

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Changing that infrastructure with Bitcoin requires earthquake modifications in financial coverage, monetary rules and sovereign motion.

Bitcoin is ready in institutional integration

Nonetheless, institutional curiosity in Bitcoin continues to develop. With BTC buying and selling exceeding $100,000 in 2025 and Spot ETFs grew to become broadly accessible, the story of Bitcoin as “digital gold” moved from the perimeter to the boardroom. Nonetheless, it stays a comparatively unstable asset, inflicting an absence of macroeconomic levers equivalent to rates of interest and monetary controls. Nonetheless, Bitcoin’s volatility is declining, lowering the power of this criticism.

Armstrong’s warning is a part of a broader discourse about monetary self-discipline and the long-term viability of the present monetary system. It additionally highlights the assumption amongst Bitcoin supporters that diversified belongings will more and more act as a substitute for Fiat forex if inflation and monetary pressures aren’t checked.

For now, it’s unlikely that Bitcoin will grow to be a real reserve forex within the quick time period. Nonetheless, this concept is now not thought of as America’s debt burden rises and belief in conventional financial coverage collapses. Armstrong and Musk consider the Hyper-Bitcoinized Clock is on the brink.

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