Hello everyone, today the admin found an interesting article and translated and compiled it for you to read. It's about Bitcoin growing alongside US debt, which is a very interesting article.
While governments worldwide, especially the US, use a "print money without limits" monetary policy, causing public debt to skyrocket to over $37 trillion, there is one asset that doesn't increase in quantity, isn't government-backed, and grows steadily without rushing: Bitcoin.
This article will take you through how Bitcoin is growing amid global debt. Why are major global companies starting to hold it? And why Bitcoin might be the "new answer" for finance in the future.
Starting with thought-provoking stories 🤔
Imagine this...
- On one side, the US government keeps printing money, trillions of dollars.
- On the other side, Bitcoin grows quietly, block by block, without rushing.
As the US government spends more and more (debt is now $37 trillion! 😱), people are starting to worry about inflation and the weakening dollar.
But Bitcoin, with its limited supply of only 21 million coins, has attracted many as a new alternative.
What is US debt? An understandable comparison 🏠
Imagine it like this:
It's like a family where
- Income: 100,000 baht/month salary
- Expenses: 120,000 baht/month
- Shortfall: 20,000 baht that needs to be borrowed to cover
The US is similar:
- Income: Taxes collected
- Expenses: Country's expenditures (civil servant salaries, military, infrastructure)
- Shortfall: Must borrow money to cover → "Public Debt"
How big is $37 trillion in debt?
To put it into perspective:
- Divide by 330 million people (US population) = 3.9 million baht per person
- Equals Thailand's entire GDP for 7 years combined! 😱
Why does debt keep increasing? 🤔
1. Unavoidable Expenses
Largest expenses
- Social Security: Retirement for seniors (24% of budget)
- Medicare: Health insurance for seniors (14%)
- Military: Defense, global military bases (13%)
- Interest on old debt: Paying interest on previously borrowed debt (10%)
Problem: Increasing elderly population → expenses continuously rise.
2. Emergency events
Latest examples:
- COVID-19 (2020-2021): $7.6 trillion in aid disbursed
- War in Ukraine: Sending weapons and aid
- Natural disasters: Hurricanes, earthquakes
3. Politics
The unpalatable truth
- Politicians like to spend money (wins votes)
- Politicians don't like to collect taxes (loses votes)
- Result: Spend more, collect less = debt increases 📈
How much has Bitcoin grown? From worthless to millions 📈
Why is Bitcoin called "digital gold"?
The reasons are simple:
- It has a limited supply (21 million coins), just like real gold that runs out once mined.
- No one can control it (no government or bank dictates what to do with it).
- As people start to distrust traditional money, they turn to Bitcoin more and more.
Big companies are starting to buy Bitcoin (and this is real!)
Let me tell you about GameStop, which is very interesting.
Did you know GameStop, the game retail company that was once on the brink of bankruptcy?
- March 2025: Announced a change of heart, will hold Bitcoin instead of cash.
- May 2025: Bought 4,710 Bitcoin (approximately 17,000 million Thai baht! 💰).
- From a regular game store to a major Bitcoin investor.
Other famous companies that buy Bitcoin:
- BlackRock (the world's largest asset manager, with trillions of dollars under management)
- Tesla (Elon Musk's car company, the one who sent Dogecoin to the moon 🚀)
- Fidelity (a major financial company with millions of customers)
What is an ETF? Why is this so important?
Let me explain it simply:
- An ETF is like a box containing Bitcoin, divided into shares for sale.
- Instead of buying Bitcoin directly, which can be complicated, we buy shares of this box (but we won't directly hold the Bitcoin ourselves).
- January 2024: The US approved a Bitcoin ETF! 🎉
The result is:
- In 2024, 4.3 trillion baht flowed into Bitcoin ETFs.
- In 2025 (only the first half), another 1.5 trillion baht flowed in.
- In a single day (June 16, 2025), 14 billion baht flowed in! 😲
Where does Bitcoin's value stand in the world? 🌍
Source: https://companiesmarketcap.com/assets-by-market-cap/
Isn't it strange? Bitcoin has no company, no CEO, no office, yet its value is almost equal to all the money in the world! 🤷
El Salvador and using Bitcoin as real money 🇸🇻
- In 2021, El Salvador became the first country in the world to adopt Bitcoin as legal tender.
- Citizens can use Bitcoin to buy coffee and pay electricity bills, just like regular money ☕
- Plans to build "Bitcoin City" and issue Bitcoin-backed bonds (very serious!)
Bitcoin Culture: From Geeks to the Mainstream 🎭
Symbols you recognize immediately
- "Laser Eyes" 👁️🗨️ Celebrities and media personalities edit their eyes to have laser beams, showing support for Bitcoin.
- Bitcoin statues appearing in cities worldwide, like a new-era symbol.
- Catchphrases: "HODL" (hold on for dear life), "To the Moon" 🚀 (referring to a significant price increase).
Bitcoin Ordinals and Runes - Interesting New Developments
Explained in simple terms:
- Similar to NFTs, but on Bitcoin.
- Artists can create digital art on Bitcoin.
- Making Bitcoin not just money, but also a creative platform 🎨
Bitcoin Timeline: Easy to Understand ⏰
Infant stage (2009-2012)
- 2009: Born, priced at $0 (unknown to anyone).
- 2010: First recorded price at $0.003 (approx. 0.1 baht).
Adolescent stage (2013-2017)
- 2013: First time reaching $1,000 (35,000 baht) - people started talking about it.
- 2017: Surged to $20,000 (700,000 baht) then dropped 80% the following year (not for the faint of heart 😅).
Adult stage (2020-present)
- 2021: Total market cap first reached $1 trillion.
- 2024: Strong comeback due to ETF, price around $70,000.
- 2025: Surged past $110,000 (nearly 4 million baht! 💸).
Bitcoin vs. Fiat Money: What's the Difference? 🆚
Fiat Money (Dollars, Baht, Euros)
How it works:
- Controlled by governments and central banks.
- They can print more money if they want (no one can stop them).
- But printing too much = inflation = rising prices = our food costs more 😭
- The result is:
US debt $37 trillion (no idea where the money to repay will come from).
- UK debt £2.8 trillion.
- China debt $16.6 trillion.
Bitcoin
How it works:
- No single owner (decentralized).
- Limited supply of only 21 million coins, then it stops! No more can be added.
- Cannot be "printed" additionally.
The benefits are:
- No inflation risk (fixed supply).
- Cannot be manipulated or seized by anyone.
- Transparent; everyone can verify 24/7.
Just imagine... What if the US bought Bitcoin with 1% of its economic stimulus? 🎮
Let's do some imaginary calculations:
US economic stimulus (2020-2023)
- CARES Act $2.2 trillion (during COVID-19)
- Many other programs, totaling $7.6 trillion.
- Just 1% of this amount = $76 billion (2.6 trillion baht).
- What would happen?
Good side:
- Bitcoin's price would likely increase by 5-15%.
- Government officially endorsing Bitcoin = more credibility.
- Changes its image from a "toy" to a "serious investment."
- Other countries might see and follow suit 🌍
Bad side:
- Bitcoin is very volatile (once dropped 70% in 2022 for no apparent reason).
- No guaranteed returns (unlike bank deposits).
- People might criticize why tax money is being risked 🤨
Concluding thoughts: What will the future hold? 🔮
What we know for sure:
- Bitcoin will always be limited to 21 million coins, no more (it's hardcoded).
- Many governments and companies are considering holding Bitcoin as a reserve asset.
- Technology will continue to evolve.
What we still don't know:
- How much longer will the price be volatile (only a genius could predict).
- How will regulations change (depends on politics).
- Will new technology replace it (no one knows the future).
A thought:
No matter which direction Bitcoin takes in the future, one thing is certain: it has already changed our perception of money and power. From a system where banks and governments controlled everything, it has evolved into a system where everyone can participate and verify.
Whether you believe in Bitcoin or not, Bitcoin will continue to progress block by block, because 1 Bitcoin always equals 1 Bitcoin.
Original article:
https://cointelegraph.com/explained/heres-what-bitcoin-did-while-the-us-added-to-its-37t-debt
This article was translated and compiled by the admin from international news to make it easy for everyone to understand. It is not investment advice. If you plan to invest, please study further before making a decision. Don't risk your meal money yet 😅
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