Notable Crypto Stakeholders See Enormous US Debt Of More Than $20 Trillion As The Catalyst For A Boom In Crypto Prices
Two noteworthy figures from the crypto industry have shared their view that America's monstrous debt of more than $20 trillion will precipitate a huge rise in the prices of cryptocurrencies.
ShapeShift CEO Erik Voorhees said: "When the next global financial crisis occurs, and the world realizes organizations with $20 trillion in debt can’t possibly ever pay it back... watch what happens to crypto."
Vinny Lingham, the founder of Civic, also opined that "more wealth will be created in crypto over the next 10 years, than over the prior 10 years."
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