Bitfinex Analyst: $35 Trillion in U.S. Treasuries Could Propel Bitcoin to Become "Hard Currency"

ChainCatcher news, Bitfinex analysts indicate that the ever-expanding U.S. debt may solidify Bitcoin's position, "The $35 trillion U.S. national debt highlights the importance of Bitcoin as a 'hard currency' and could become a catalyst for Bitcoin's next upward cycle… This may prompt investors to seek other stores of value like Bitcoin, which are often seen as a hedge against economic inefficiency."