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Bitcoin and the U.S. Fiscal Reckoning
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Bitcoin and the U.S. Fiscal Reckoning

Avik Roy
National Affairs, 2021
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Recommendation

As economies enter post-pandemic times, consumers and companies are facing price increases, and some investors are deploying capital into bitcoin as a means of protecting their purchasing power and financial holdings. Commentator Avik Roy assesses the opportunities for bitcoin – as a viable store-of-value asset and an inflation mitigation tool – in the context of current US fiscal conditions. Corporate executives, business owners and bitcoin stakeholders will appreciate this informative and wide-ranging essay on the importance of digital assets.

Take-Aways

  • In inflationary times, some investors see a sound money alternative in bitcoin.
  • Investors could transition from US Treasuries to digital assets.
  • The United States would be wise to integrate bitcoin into its financial ecosystem.

About the Author

Avik Roy is president of the Foundation for Research on Equal Opportunity.

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