Wall Street is now ‘aggressively’ tracking an asset that’s outpaced U.S. debt since the Obama era

Wall Street is now ‘aggressively’ tracking an asset that’s outpaced U.S. debt since the Obama era originally appeared on TheStreet.

In 2010, the U.S. national debt was about $13 trillion. Fifteen years later, that number has nearly tripled, crossing a staggering $37 trillion.

But while Washington keeps borrowing, another chart has quietly gone parabolic — and it doesn’t show more red ink. It shows an asset that once traded for fractions of a cent now hovering near $105,000, yes we are talking about Bitcoin. An asset that, unlike the dollar, wasn’t printed at will — but mined, block by block.

That’s a 3.3 billion percent increase. Yes, billion — with a B.

From gumballs to global finance

Fifteen years ago, this asset couldn’t buy you a gumball. Today, it can buy you a home.

What changed?

The answer lies in a global shift away from trust in traditional monetary systems. Robert Kiyosaki, author of Rich Dad, Poor Dad, once put it bluntly, “America is broke right now... I hate to say this but inflation's here to stay, incompetence is here to stay, and they're going to keep printing more money to pay for the debt... We just keep printing money to solve our problems, but we can't go on much longer..”

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And the last few years have made that painfully clear — grocery bills are up, rent is up, and the purchasing power of savings is down.

While debt rose, this thing built momentum

Since 2020, the U.S. has pumped trillions into stimulus and rescue packages — around $7.6 trillion, to be exact. But imagine if even 1% of that had been redirected into this asset. That $76 billion could have sparked a rally adding hundreds of billions in market cap, reshaping how Washington — and the world — thinks about financial reserves.

It’s not just about hypothetical gains. In the same window the U.S. printed money, this digital asset gained institutional legitimacy. ETFs got approved. Companies like BlackRock, Fidelity, GameStop, and even entire nations like El Salvador made moves to include it in their portfolios or treasuries.

Even the cultural narrative shifted. Once dismissed as internet “magic money,” it’s now become a symbol of financial autonomy — laser eyes, Twitter memes, and all.

A tale of two systems

At the heart of this story is a deeper conflict — one between two monetary systems.

On one side is fiat currencies, which can be printed indefinitely, taxed unevenly, and inflated quietly. On the other: an asset with a hard cap, no central issuer, and a transparent supply schedule.

Fiat systems are flexible, sure. They let governments react to crises. But that flexibility comes at a cost — inflation, misallocation, and eventually, mistrust. As the U.S. debt climbs past $37 trillion, the idea that “we owe it to ourselves” starts to feel less comforting and more disconnected from reality.

Opting out, one block at a time

The bigger story isn’t just about numbers. It’s about philosophy. What does it say when people start choosing code over currency? When institutions quietly shift reserves away from treasuries?

It says we’re in the middle of a monetary pivot, one where trust is no longer earned through reputation, but proven through protocol.

And as America’s debt clock keeps spinning, some are choosing to step off the wheel entirely.

Wall Street is now ‘aggressively’ tracking an asset that’s outpaced U.S. debt since the Obama era first appeared on TheStreet on Jun 20, 2025

This story was originally reported by TheStreet on Jun 20, 2025, where it first appeared.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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