Galaxy CEO: U.S. debt crisis spurs demand for Bitcoin

PANews March 30 news, according to News.bitcoi, Galaxy Digital CEO Mike Novogratz warned about the growing national debt in the United States on social media platform . Mike Novogratz said taxes need to be raised on some wealthy people and loopholes need to be closed. If we do all this, there 'might' be a chance of avoiding the debt death spiral. The U.S. debt crisis has made “it so easy to convince people to buy Bitcoin and other assets.” He stressed that implementing these measures would give the United States a chance to avoid a "debt death spiral."