Posted 3/31/2024, 11:45:54 AM
Rising U.S. Debt to Fuel Bitcoin and Real Estate Prices, Predicts Strike CEO
- U.S. national debt recently hit a record $34.6 trillion and continues growing rapidly
- Strike CEO Jack Mallers believes massive debt will force government to print more dollars
- Surplus of new dollars will likely flow into assets like Bitcoin with limited supply
- Mallers sees real estate prices rising too, but supply is less constrained than Bitcoin
- Bitcoin currently trading around $70,000, which Mallers suggests debt growth helps fuel
