Shiba Inu's lead developer, Shytoshi Kusama, has proposed Shibarium, the project's Layer-2 blockchain, as a solution to tackle the United States' $36 trillion debt. Kusama believes that blockchain technology can improve government efficiency and transparency by monitoring government spending, managing taxes, and streamlining payments in real time. This aligns with Shiba Inu's aim to transition the U.S. from Web2 to Web3 and create a transformative blockchain ecosystem. Kusama's proposal aligns with former President Donald Trump's emphasis on a national digital asset reserve. Shiba Inu's Shibarium Network upgrades position it as a viable solution for government adoption, although it faces competition from other blockchain projects such as Cardano, Tron, Ripple, and Bitcoin. Despite challenges, Kusama's vision places Shibarium at the forefront of blockchain-driven governance solutions.
Content Editor ( crypto-news-flash.com )
- 2025-01-28
Shiba Inu Leader Touts Shibarium as a Fix for America’s $36 Trillion Debt
