What to Know:
- Newsmax host Carl Higbie suggests XRP could help alleviate U.S. national debt.
- Higbie highlights the resilience of blockchain compared to centralized systems, referencing a recent AWS outage.
- He proposes strategic government investment in crypto to gain financial influence and reset the economic system.
Carl Higbie, a Newsmax host, recently discussed the potential of cryptocurrencies like XRP to assist the U.S. government in addressing its substantial $37.8 trillion national debt. Higbie’s commentary underscores the growing interest in digital assets as tools for macroeconomic reform and stability. His statements reflect an ongoing conversation about how blockchain-based currencies could reshape national finance.
Higbie drew attention to the fragility of centralized systems by referencing a recent Amazon Web Services (AWS) outage that impacted major firms. He argued that the incident highlighted the robustness of blockchain-based solutions, suggesting that decentralized cryptocurrencies offer a more reliable digital infrastructure. This perspective aligns with broader discussions about the need for resilient and secure digital frameworks in an increasingly interconnected world.
Higbie proposed a thought experiment where the U.S. Treasury invests a portion of its annual tax revenue, around $1 trillion, into XRP. He estimated that this move could significantly increase XRP’s market capitalization, potentially yielding substantial returns. Higbie also emphasized that cryptocurrencies like XRP cannot be manipulated by governments or banks in the same way fiat currency can, suggesting a path to economic independence.
$XRP MENTIONED PAYING OFF THE USA DEBT ON ” NEWS MAX ” pic.twitter.com/vOmPYVwiQT
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The Newsmax host suggested that by participating directly in crypto markets, the U.S. could gain influence without relying on central banks or the Federal Reserve’s money-printing mechanisms. He pointed out that blockchain introduces a “fourth option” for governments to become what they seek to control. This approach could allow the U.S. to “reset the system” and reclaim economic independence, turning digital innovation into a financial advantage.
While Higbie’s analysis is speculative, it mirrors similar proposals from industry leaders, such as VanEck’s Matthew Sigel, who suggested that Bitcoin could help eliminate a significant portion of U.S. debt. These discussions highlight the growing recognition of digital assets, including Bitcoin, Shiba Inu (SHIB), and XRP, as potential instruments for macroeconomic reform. As the conversation around crypto regulations and ETFs evolves, the potential for these assets to impact national finance becomes increasingly relevant.
In conclusion, the proposition that XRP or other cryptocurrencies could play a role in alleviating U.S. national debt, while theoretical, underscores the increasing relevance of digital assets in broader economic discussions. As the U.S. navigates mounting debt and global economic shifts, exploring innovative financial tools like blockchain-based currencies may offer new pathways to stability and growth.
Source: Original article
