US National Debt Tops $38.5 Trillion as Bitcoin Community Marks Genesis Block Anniversary

On January 3, 2009, Satoshi Nakamoto mined Bitcoin's Genesis Block, a date now celebrated by Bitcoin users as Genesis Day. As this year's anniversary passed, United States national debt climbed above $38.5 trillion, with the US National Debt Clock showing around $38,561,900,451,378 outstanding. Bitcoin advocates contrast the growing debt and expanding M2 money supply with Bitcoin's fixed 21 million coin cap and predictable issuance.