Alexandre Laizet, chief executive of Capital B, argues that France’s debt level, at 120% of gross domestic product, is less a problem in itself than an opportunity for borrowing. He says the real issue is that public spending proceeds are spent rather than invested productively. In his view, European monetary debasement and the debt crisis strengthen the case for Bitcoin as a store of value and as the foundation of treasury strategies. Capital B aims to become Europe’s first Bitcoin treasury company, expand Bitcoin-backed credit and become the most capitalized company in the sector by leveraging French regulatory and tax conditions.
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