The tweet was deleted by the author.
But we saved everything 🙂.
Adam Livingston highlights the dramatic growth in U.S. national debt, stating it has increased from $321 billion in 1966 to over $40 trillion.
He compares this massive fiscal expansion to Washington opening a bar tab for future generations and questions why owning Bitcoin is seen as the financial decision that requires justification.
View post on X Loading...
Livingston previously noted that investors are paying $29 for every $1 of S&P 500 earnings, reflecting a 3.45 percent yield in current valuations here. He has also discussed how rising Bitcoin prices could shift perceptions from valuing the asset in dollars to focusing on satoshis here. These observations come amid continued debate over the risks and rationale behind various investment choices.