Looking at the current scenario it is hard to imagine that Bitcoin can solve the global debt issues, people are giving unwanted tags which is unnecessary and in the beginning i expected a decentralized market could change the perception of many but as times went by half of the traders depend upon centralized wallets and exchanges and now with institutional investors ruling the market it is a hard to reach that dream.

The highest percentage of electors are uneducated people and the prays of beautiful lies. People love when they hear what you want to hear and that's all, the whole politics. The most fun thing here is that these electors only think about themselves and their well-being but at the same time believe that there will come a crazy political messiah who will take care of them. People want to lay at the sofa and count the profit.

Okay! Bitcoin is often misused along the word "Blockchain". How the hell can bitcoin solve the worlds debt problem? Do you guys really think that let's everyone buy the bitcoin, hold for years, the price will rise and the world will become rich? The world and economics don't work that way!

OP is correct that inflation tends to make it easier to pay off debts (assuming the inflation rate is above the interest rate). To the extent that BTC "wealth" encourages people to spend more, this does have some upward price pressure. As others have said and the latest US infrastructure bill proposes, taxing crypto gains generates revenue for the government which can be used to pay off debt (or more likely, just enable more government spending)

I used to be concerned about (government) financial debts, but have come to realize that for each dollar a person, government or entity is in debt another person/entity is owed, so Net Zero in terms of assets/wealth. Yes, one of the parties may end up worse off or better off, but overall, there will be the same amount of net assets-liabilities regardless of if the debt is payed off or not.

Environmental Deficits are much more concerning. I.e. if your family/village/etc. is 100% reliant on your well for water and you consume water at 110% of the recharge rate from rain, etc. then your are running a 10% yearly deficit and will eventually run out of water.

I should note that debts/money creation/monetary policy can have effects on human behavior, but real wealth is created and destroyed by how efficiently and effectively we build and utilize things of value, like a home, while minimizing resource destruction.

I think bitcoin is great in that it has opened up the idea of a different monetary system, but I don't see bitcoin effectively incorporating environmental assets and deficits into its system. Perhaps a future currency will more effectively recognize that things like the Amazon rain forest maintain biodiversity and work as a carbon sink which helps make the planet more liveable for humans, thus making us more wealthy in the long run.  

 

the problem is, how much every platform will give profit. people will take the biggest to make them full of satisfaction.
many people will take the other way to explain about bitcoin, blackmail the new one, make them pay, so that person gain additional profit. so, how much honest people show and help the other people, there are bad person will show that the other easy way from their prespective.

Bulgaria may be an example of how Bitcoin can help solve debt problems, most importantly how to use Bitcoin properly. Bulgaria should not only
confiscate Bitcoins from criminals, however the Bulgarian government could try investing in Bitcoin. If the price of Bitcoin goes up and can make
a profit from Bitcoin it should be able to solve the debt problem slowly, therefore I believe Bitcoin can indeed solve the world's debt problem.
If all countries started long-term investment in Bitcoin starting now, so in the future when Bitcoin price is already high, can be sold to pay off debt.

By debt/ investment euphoria, I guess you mean the availability of cheap credit due to actions like Quantitative Easing. Why do you think that the governments want to change this? All I've noticed is major economies printing more and more. Maybe i misunderstand. An explanation would be great.

Bitcoin becoming the global reserve currency in purely official terms is something that organizations like IMF will fight tooth and nail. The best bet is with private corporations deciding that enough is enough and they need an alternate to the fiat. During his interaction with Cathie Wood and Jack Dorsey on "The B Word", Musk said that its ridiculous that the cash reserves of Tesla pay out interest (due to negative interest rates). He also endorsed some pretty far-reaching ideas about how government is just a corporation with a monopoly on violence. If you extrapolate those ideas and enough corporations reach the conclusion that they need to do something about it, coupled with the realization by masses that they need bitcoin, bitcoin will become the de-facto alternate to fiat. A global reserve currency for citizens/ netizens.

No, in my opinion, bitcoin cannot solve this problem, since it works in a slightly different plane and does not participate directly in the real sector of the economy. Inflation, overproduction, debt, offsetting payments, crises, this is not for cryptocurrency. Cryptocurrency has its own functions and methods of solving its problems. The author of this topic does not offer any of his own options for solving the problem of debt with cryptocurrency. He generally wonders if this is possible at all. No, this is not a job for cryptocurrency. Let the states deal with their debts themselves.

It doesn't seem possible, but it will. Just as others have said, that bitcoin is not yet fully legal. Many countries do not accept bitcoin as a currency. So, if bitcoin has legally become the world's currency, then bitcoin can solve the problem of the national debt.

for now it will not happen, because the government still hates bitcoin, but if the government accepts bitcoin with open arms, bitcoin can solve the world's debt problems, because the tax received by the government from bitcoin, can be said to be quite large,