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Bitcoin Lawmaker Carries US Debt Clock

New Hampshire Embraces Bitcoin to Combat Inflation

  • New Hampshire Rep. Keith Ammon advocates for Bitcoin as a hedge against inflation.
  • The U.S. national debt is approximately $37 trillion, with concerns over its sustainability.
  • New Hampshire passed a bill allowing the state to accumulate Bitcoin, followed by Arizona.
  • Ammon’s bill allows the state’s treasurer to allocate a small percentage of resources to Bitcoin.
  • The purchasing power of the U.S. dollar has decreased by 25% over the past four years.

Rep. Keith Ammon supports using Bitcoin to protect New Hampshire from inflation, as U.S. debt reaches unsustainable levels at around $37 trillion. The state recently passed a law to start accumulating Bitcoin, aiming to navigate the declining dollar value effectively.

Source (2.6)https://decrypt.co/322782/why-bitcoin-friendly-lawmaker-carries-us-debt-clock-his-pocket?rand=52368
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