From Cointelegraph
June 12, 2025 4:03 pm:

President Trump’s Big Beautiful Bill could add over $2.4 trillion to US debt, spiking inflation and eroding cash and bond values. Bitcoin offers a hedge, but only in self-custody as financial repression looms. US budget deficit hit $6 trillion in 2024, with interest rates at 4.5%. Debt crisis may be imminent.

The Big Beautiful Bill, pending in the Senate, could prompt higher inflation with $5 trillion added to the debt ceiling. CBO estimates $2.4 trillion net addition to debt over a decade. Supporters argue for economic growth benefits, but past tax cuts increased deficit by $1.9 trillion. Debt crisis looms with no clear solution.

US cannot “grow its way out” of debt, with unrealistic GDP growth targets and projected deficits exceeding 7% of GDP. Governments may resort to devaluation and printing money in a debt crisis. Bitcoin emerges as a hedge against currency devaluation, offering refuge from financial repression and potential yield advantage.

In a potential debt crisis, Bitcoin’s fixed supply and independence from government monetary policy position it as a monetary insurance policy. Custodial risks are high in crisis scenarios, emphasizing the importance of self-custody and full control of assets. US fiscal policy faces challenges, with little political will to address the growing debt crisis.

Read more at Cointelegraph: Bitcoin May Shine If US Debt Climbs And Inflation Spikes