 | Bitcoin might be setting for a rally if US govt. is going as per the Ray Dalio's article: - The Problem: The U.S. government is currently spending $7.5 trillion annually while only generating $5.5 trillion in revenue, resulting in a massive $2 trillion deficit and a total debt of $32 trillion.
- The Consequences: With annual interest payments approaching $1 trillion, the U.S. is entering the late stages of a "Big Debt Cycle". To manage these rising costs and a lack of demand for government bonds, the central bank will likely be forced to print more money, which will devalue the U.S. dollar.
- The Solution: To protect purchasing power against a depreciating dollar, the article highlights Ray Dalio's advice to diversify wealth into scarce, hard assets. Assets that are not government liabilities—specifically gold and Bitcoin—serve as financial lifeboats because they cannot be printed on demand.
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