CEX CEO: The US debt crisis may drive Bitcoin to become the world's reserve currency

GateUser-6433627c · 2025-06-04T05:27:15+00:00

CEX CEO Brian Armstrong warned that if the United States does not address its debt problem, which amounts to as much as $37 trillion, Bitcoin could become the global reserve currency. He emphasized the importance of fiscal control for a strong America, reflecting the growing debt crisis that has sparked interest in Bitcoin.

GateUser-6433627c

2025-06-04 05:27:15

Abstract generation in progress

On June 4, CEX CEO Brian Armstrong said that if the U.S. Congress doesn’t respond to the $37 trillion debt problem soon, Bitcoin could “take over” and become the next global reserve currency. Armstrong posted on social media on Tuesday, “I love Bitcoin, but a strong America is just as vital to the world. We have to keep our finances under control.” Armstrong’s concerns about the debt crisis come as House Republicans passed the Trump-backed Big Beautiful Bill in May. The bill extends tax cuts, increases military spending, and cuts Medicaid, food aid, and clean energy budgets. Growing financial pressures are driving interest in Bitcoin.

BTC0,69%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.