I just heard 51 out of 52 countries whose GDP to Debt ratio crossed 130% have defaulted; US is currently at 124.3%, and they just approved another $1.2 trillion uncapped ceiling spending bill!

What happens to fiat and more importantly BTC if US defaults? I cannot imagine a sane world where US defaults! Beyond bitcoin sphere, is the world ready for a scenario where US defaults?

PS: do not come with US rug pulled with taking gold standard, blah blah blah / I am more so looking for this esteemed groups future forward outlook on the topic!

submitted by /u/bullfy to r/Bitcoin
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Quelle: bitcoin-en