Of course, Bitcoin has long since arrived in politics. As long as the FIAT currencies can hold their own, Bitcoin will only play a small but certainly not insignificant role.
But what if the debt money has grown so much that citizens and taxpayers can no longer pay the interest? The purchasing power and thus the trust of the citizens in FIAT money is dwindling and everyone is only looking for a safe haven. For the one who splits his money well distributed in different countries and especially in different asset classes.
The large corporations with their central stabele coins will assume the role of the banks. It is only a matter of which currency is weighted how high in the coin. Here we have arrived at the regulations. It is clear that the USA strives for a strong weighting of the US$ and therefore wants to see the US$ as strong as possible. The fact that we will pay in the near future with coins of the big ones like Facebook, Amazon, Google and Apple ect. is from my point of view a long time agreed thing. Only the conditions are not clarified yet.
If the FIAT currencies start to waver, people will look for a safe haven. Material assets, gold, real estate and Bitcoin will offer this port. States and corporations can only exert limited influence here. The key is then trust. It will then become clear which values enjoy this trust.
One thing is certain, we have an exciting future ahead of us.
Greetings from @faltermann 🦋
Yes I could see that as well.
Regarding the debt being an issue in the immediate future, I find that unlikely however, at least in regards to the US. Yes, we have a huge national debt, but if you look who is actually holding that debt... it's mostly the US itself. So, paying the debt back isn't such a big deal when you are just moving your money from your left pocket to your right pocket. Which is likely why it hasn't mattered much even up to this point.
At some point it may matter yes, I just don't think it is imminent like some believe. Confidence is a fickle thing though and if all the sudden people/investors/countries all decided at once they no longer would take our debt, it might matter that much sooner.