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In a report cited by crypto-focused media outlet CryptoPotato on Aug. 18, Bitfinex said expectations for interest-rate cuts and easier financial conditions have already been met.

The pace of America’s debt accumulation has become a story unto itself. The country’s first trillion dollars of debt took 192 years to accumulate, arriving in 1981. The next trillion came faster each time, i.e. five years to go from $5 trillion to $10 trillion by 2008, then just five years to climb from $20…