Carl Higbie, host at Newsmax, recently discussed how cryptocurrencies like XRP could help the U.S. government eliminate its massive $37.8 trillion national debt.
Speaking live on air, Higbie used the recent Amazon Web Services (AWS) outage, which disrupted the operations of major firms including Apple, Delta Airlines, Coinbase, and Xbox, to highlight the risks of centralized systems and the resilience of blockchain-based solutions.
According to Higbie, the AWS disruption exposed the fragility of U.S. digital infrastructure. He stressed that a single faulty line of code brought down operations across multiple industries.
Higbie took his analysis a step further by presenting a thought experiment. He argued that if the U.S. Treasury had invested just $348 in Bitcoin in 2009, when it launched, it would now be worth around $37.8 trillion — enough to clear the national debt.
While that opportunity has long passed, Higbie extended the idea to XRP, which is trading at around $2.40 today.
He suggested that if the U.S. government were to allocate a portion of its annual tax revenue, about $1 trillion, into XRP, it could dramatically increase the asset’s market capitalization.
Higbie estimated that such a move could multiply XRP’s value eightfold, theoretically yielding $8 trillion in returns — enough to make a significant dent in the country’s debt burden.
Interestingly, Higbie proposed that the government could repeat this process several times to maximize returns.
“The government could dump it, crash the market, and buy it right back. Do it all again, then pay off the national debt Saturday,” he said.
Meanwhile, the Newsmax host emphasized that cryptocurrencies like XRP cannot be manipulated by governments or banks in the same way fiat currency can.
He argued that by participating directly in crypto markets, the U.S. could gain influence without relying on central banks or the Federal Reserve’s money-printing mechanisms.
He quoted Ronald Reagan’s famous line: “If it moves, regulate it. If it stops, subsidize it. If you can’t do either, ban it.”
Accordingly, Higbie added that blockchain introduces a “fourth option” for governments to become what they seek to control.
While Higbie’s comments were speculative, they reflect a growing discussion among media figures and analysts about how digital assets like XRP could reshape national finance.
As the U.S. continues to face mounting debt and global economic shifts, many are recognizing blockchain-based currencies not just as investments but as tools for macroeconomic reform and stability.
Industry leaders like Matthew Sigel of VanEck also proposed earlier this year that Bitcoin could help the U.S. government wipe out $14 trillion in debt.
Ultimately, in Higbie’s view, cryptocurrencies could help the U.S. “reset the system” and reclaim economic independence, turning digital innovation into a financial advantage.
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