Coinbase CEO Brian Armstrong warned that if Congress fails to address the $37 trillion U.S. debt, Bitcoin might replace the dollar as the global reserve currency. Armstrong emphasized the importance of a strong America, stating that fiscal mismanagement could accelerate global de-dollarization and increase Bitcoin's appeal. With rising deficits due to policies like the Trump-backed spending bill, interest in Bitcoin is growing as it offers a fixed supply and is seen as inflation-resistant. States like New Hampshire are stockpiling Bitcoin as a hedge against the devaluation of the dollar. Critics, including six Nobel Prize-winning economists, have expressed concerns that the bill could worsen inequality and increase public debt. The potential for the U.S. to heavily print money in response to its debt crisis could lead to a collapse of the dollar, prompting more investors to turn to Bitcoin, which was designed as a safeguard against inflationary systems.

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