The United States National Debt hit $38.5 trillion as Bitcoiners marked the anniversary of the first Bitcoin block mined by Satoshi Nakamoto. US government debt currently stands at $38,561,900,451,378, according to the US National Debt Clock. Analysts warn of the dangers of fiat currency practices contributing to the rising debt.

Nakamoto mined the Bitcoin Genesis Block on January 3, 2009, with a headline referencing a UK bailout for banks during the financial crisis. The Bitcoin community sees this as a symbol of the cryptocurrency’s resistance to inflation and debasement due to its decentralized nature and capped supply. Industry figures celebrate this milestone.

The US national debt has surged, with an average of $6 billion added daily in 2025, totaling $2.2 trillion for the year. The Federal Reserve’s M2 money supply has reached $22.4 trillion, reflecting the increase in US dollars in circulation. Inflation erodes fiat currency value, while Bitcoin’s fixed supply is seen as a hedge against this trend.

Read more at Cointelegraph: US National Debt Surges Past $38.5T on Bitcoin Genesis Block Day