Bitcoin Surges Past $40K as Coinbase CEO Touts Crypto as Inflation Antidote Amid Mounting US Debt
• Bitcoin has surged over $40,000, helping boost prices of other major cryptocurrencies like Ethereum and XRP • Coinbase CEO predicts bitcoin will be "key to extending western civilization" as U.S. dollar dominance fades • U.S. national debt has topped $33 trillion; Federal Reserve hiking rates at fastest pace since 2008 crisis • Coinbase CEO says crypto provides an "antidote to inflation" as people move money from fiat into crypto • Analysts warn swelling U.S. debt could force Fed to restart money printer, potentially fueling bitcoin price boom