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US national debt crosses $38.5T, as Bitcoiners celebrate 'Genesis Day'

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 82 Views

The first block was mined and added to the Bitcoin ledger on January 3, 2009, by pseudonymous cryptographer Satoshi Nakamoto.

The United States National Debt surged past $38.5 trillion on Saturday, as Bitcoiners celebrated “Genesis Day,” the day the first block was mined on the Bitcoin network by pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto.

US government debt at the time of this writing is about $38,561,900,451,378, according to the US National Debt Clock.

“Lie, cheat, steal, and print relentlessly. It’s the playbook of fiat currency, and it weakens the money until confidence in that currency ultimately fails,” market analyst James Lavish said in response to the rising debt.

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