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postscarcity.io

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Last Notes

2025-01-24 23:50:50 UTC

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The national debt per taxpayer is about $323,000. Or $107,000 per citizen. I'm not sure what you think $15 will do.

2025-01-24 19:52:47 UTC

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the total market cap of bitcoin is about $2t, and the US national debt is $36t. So far the EO is about holding the US existing stash of bitcoin. That doesn't cost anything, and selling it won't even scratch the national debt, let alone dent it.

2025-01-24 19:40:49 UTC

- reply

pay it off with what? Print more money? More taxes? Open a new credit card and transfer the balance? There's no 'paying off' national debt in this case.