Former US congressman's perspective on Bitcoin as a national debt solution
Adam Kinzinger, a former US congressman, rejected the idea of using digital currencies to pay off the national debt of the United States. While acknowledging the practical applications of blockchain technology in government and financial matters, he emphasized that Bitcoin (BTC) is not a suitable solution for economic stability. In an interview, he stated that even if the price of Bitcoin reaches $5 million, it cannot be a realistic tool to reduce national debt. Kinzinger believes that instead of focusing on complete debt elimination, the priority should be reducing its growth rate and budget deficits. He also highlighted the practical uses of blockchain in areas such as government payments and healthcare systems.
