The United States national debt has escalated to unprecedented levels, reaching $38.118 trillion as of early November, according to the U.S. Treasury’s Debt to the Penny dataset. This staggering figure, when converted to Bitcoin equivalents, amounts to approximately 368 million BTC—surpassing the entire century-long projected supply of the cryptocurrency. Since August alone, the debt has increased by roughly $1.1 trillion, highlighting the rapid pace of fiscal expansion. The comparison underscores the magnitude of U.S. borrowing, which in Bitcoin terms represents a volume far exceeding the digital asset’s limited issuance schedule. Analysts note that this debt growth outpaces underlying Bitcoin price movements since the start of the year, drawing attention to macroeconomic pressures and their potential implications for digital currencies. The data reinforces concerns about long-term fiscal sustainability and its intersection with emerging asset classes like cryptocurrency, as investors monitor how such debt levels might influence global financial stability and alternative store-of-value assets.
