Economics Expert Dismisses Using Bitcoin to Hold National Debt on C-Span
William Cline, a senior fellow at the Peterson Institute for International Economics, dismissed using bitcoin to address the U.S. debt in response to a caller question on C-Span’s Washington Journal on Monday. Cline talked about information released by the Treasury Department about which foreign countries own the largest amounts of $6 trillion of U.S. Treasury debt. The report showed that the U.S. owed Saudi Arabia $117 billion. Caller Cites Bitcoin’s Benefits. The caller asked if the U.S. has considered using bitcoin to hold some of the national debt, or investing in bitcoin, “because it....
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