Correction: The subheadline is correct: public debt is at ~$31.27T. It's just the conflation of terms "national debt" and "public debt" in the main headline (and pretty much everywhere else) that is erroneous - which, TBH, I initially did as well.
Ummm... Wut? The national debt is not at $31.27T; it's well above $38T. I'd accuse someone of trying to gaslight the public into thinking things aren't as bad as they *actually* are; but upon closer inspection, this just looks like 'news' outlets lazily regurgitating the same erroneous slop. (If the Bureau of Economic Analysis is indeed the source of this, they appear to have since taken it down).
#SteanNShake, yeah, bitcoin is way more economically efficient than credit cards; but, if you really wanted more credit card customers to choose to use bitcoin instead, perhaps it would makes sense to maybe split those savings benefits with them for doing so? For example, I noticed Cashapp is now rewarding 5% back to their customers who pay Square merchants in Bitcoin. Granted, that's only for Cashapp users; but at least it's a step in the right direction.
I am hopeful that miniscript will become widely useful enough for easy to use self-soverign inheritance wallets. I think you can kind of get there already with Nunchuk, for example (though, I haven't taken the time to play around with it yet)... but even then, I'm pretty sure the wallet balance would be available to the would-be beneficiary - which isn't ideal. Of course, all of this would require tranining your would-be beneficiary on multi-sig wallets and the seed phrases, wallet desccriptors, etc that entails... which is generally a pretty big ask at this time. I expect that to slowly change the more Bitcoin wins, though.
Yeah, putting my concerns aside, bitkey does offer a pretty nifty solution to the inheritance problem. I'm not a self-sovereign or nothing kinda guy. It's trade-offs all the way down. I'm mostly coming from a position of wanting to point out the risks that Block's marketing seems to routinely neglect, IMO. Sure, I know. What should I expect?: it's just marketing; but, it still annoys me. 😉
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