Expert Avik Roy suggested that the United States recognize bitcoin as a means of payment. Forbes financial editor Avik Roy believes Bitcoin (BTC) has huge potential. He is confident that the recognition of cryptocurrency as a legal tender will have a positive impact on the entire US financial system.
According to him, recently, large spending in connection with the coronavirus pandemic has significantly increased the national debt of the United States, which creates a lot of pressure on the state economy. Some experts even admitted the likelihood of default. This can be disastrous. Therefore, it is necessary to look for a solution now. Roy said that the national currency in circulation alone cannot provide the country's creditworthiness at the present time. To change the situation, he suggested that regulators expand the legal field for using bitcoin.
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