I became bullish on $debt because of @mcuban creating the idea. If this continues to blows up, survives for a couple months, and retains relevance, this could be big. The more national debt that is paid off overtime, the stronger the narrative grows. Capitulation was bound to https://t.co/oy1YvIFFn8
Some major capitulation happening around $debt. Events like this happen when people are up big and IMO nothing has changed for $debt. Still the same coin and you got to be happy when a dev is getting flamed for doing too much @DebtCoinBonk. Only goal now is pay national $debt
DAVE RAMSEY FINALLY ACKNOWLEDGES THAT BITCOIN “IS HERE TO STAY,” BUT STILL SLAMS IT, SAYING: “LOOK AT BITCOIN’S VOLATILITY… IF YOU THINK THIS IS A SOLID INVESTMENT, YOU’RE CRAZY.” https://t.co/lEBQPNQivc
Jim Cramer, host of CNBC's Mad Money, has publicly stated that he is buying Bitcoin and Ethereum as a hedge against the growing U.S. national debt, which currently stands at approximately $37 to $38 trillion. Cramer expressed concern about the long-term economic impact of this debt, particularly for future generations, and emphasized his intention to hold these cryptocurrencies as a legacy for his children. He described Bitcoin and Ethereum as a "nice hedge" and urged others to consider owning them in light of the national debt. Cramer also warned that the U.S. cannot "grow our way out" of the debt and referenced fears of the country potentially facing a scenario similar to Weimar Germany. His endorsement marks a notable shift from skepticism to advocacy for cryptocurrency as a protective financial strategy amid rising fiscal challenges.