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Grayscale: Rising U.S. Federal Reserve debt may prompt overseas investors to switch from U.S. dollars to Bitcoin

Grayscale: Rising U.S. Federal Reserve debt may prompt overseas investors to switch from U.S. dollars to Bitcoin

2024/03/20 15:45

ChainCatcher message, Grayscale stated on the X platform that if the stock of federal debt increases significantly in the coming years, it believes that overseas investors may reduce their interest in US government bonds and start shifting from the dollar to other currencies, such as Bitcoin. Bitcoin can be considered a macro asset, another currency system and store of value competing with the dollar.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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