<ul><li>Coinbase CEO Brian Armstrong believes Bitcoin could potentially replace the dollar as the world's reserve currency if the US doesn't address its increasing national debt.</li><li>With the US national debt at approximately $37 trillion, Armstrong warns that this financial burden could lead to Bitcoin overtaking the dollar as the global reserve currency.</li><li>Concerns over the debt crisis arose after House Republicans passed a bill extending tax cuts and increasing military spending, which could potentially add over $3 trillion to the US debt.</li><li>In light of these developments, there is growing interest in Bitcoin as an anti-inflationary asset, with investors viewing it as a safer bet than the dollar amid fears of fiscal strain and inflation.</li></ul>

Bitcoin Could Replace Dollar As World’s Reserve Currency Amid Ballooning US Debt Crisis, Coinbase CEO Posits

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