Joe Biden in his landmark decision waived off student loans up to $10,000 & $20,000.
However, several economists consider this to be a 'deflationary policy'.
Dennis Porter CEO of Satoshi Act Fund said that 'BITCOIN' would be a probable solution for this 'STUDENT LOAN FORGIVENESS'.
Porter further said if Biden had given each borrower $10,000 in Bitcoin locked in a contract for 10 years, it would automatically square off their debt.
The "Bitcoin solution" looks unique but has garnered huge backlash on social media.
The major drawback of Bitcoin is, what about those who aren't able to pay even for those 10 years?
Porter also insisted on the 'BITCOIN SMART CONTRACT' owing to its automatic execution of rules & obligations.
So, what are your views on Bitcoin, is it the right solution for this student loan exemption?
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