Grayscale Warns US Debt Crisis May Push Investors Towards BTC, ETH, and ZEC

A growing concern over the US debt crisis has led Grayscale to warn that investors may turn towards Bitcoin, Ethereum, and Zcash as alternative stores of value.

The firm cited a sharp increase in US public debt, which surpassed $40 trillion for the first time, as well as rising real 30-year Treasury yields nearing 3%.

Ray Dalio also weighed in on the issue, predicting that a major debt crisis could emerge within three years, give or take two, without policy changes. He compared this potential disruption to an economic heart attack.