Tech CEO issues blunt warning on Venmo donations to U.S. debt originally appeared on TheStreet.

Washington has been beset by concerns regarding the surging U.S. national debt over the last few months.

While it already stands at $36.7 trillion, President Donald Trump's flagship \\"big, beautiful bill\\" is expected to add another $3.4 trillion to the already burgeoning figure over the 2025-2034 period, as per the non-partisan Congressional Budget Office (CBO).

It is exactly the reason why Trump had a public feud with his long-time billionaire supporter Elon Musk — both of whom are supporters of the crypto assets economy — who blasted the legislation for raising the debt ceiling by $5 trillion.

Things are so bad that the government asks the public to donate gifts to help pay off the public debt, as NPR host Jack Corbett recently highlighted on X.

Samson Mow, CEO of the Bitcoin technology company JAN3, responded to the post, saying donating money to help the government pay off the debt is similar to sending Bitcoin to a burn address, except that the former won't make the whole thing more valuable for everyone.

Basically like sending Bitcoin to a burn address. Except it doesn’t make the whole thing more valuable for everyone. https://t.co/teqtZtQaG2

— Samson Mow (@Excellion) July 24, 2025

One sends Bitcoin to a burn address to effectively destroy the coins forever as nobody can access such a special address. It is a practise common in the crypto economy where tokens are burned to reduce supply so that the value of the circulating tokens rises.

What Mow seems to be suggesting is that while the above is a valuable exercise, donating gifts to help the U.S. government pay off its debt doesn't hold any value because the national debt is unsustainable.

Mow isn't the only one holding such a view. From Elon Musk to \\"Rich Dad Poor Dad\\" author Robert Kiyosaki, globally recognized figures have been warning of a debt spiral.

As per the Department of the Treasury, the national debt has soared from $19.59 trillion in 2010 to $36.7 trillion at the time of writing — a surge of 87%.

During the same period, Bitcoin's price has risen from 0.003 to $118,423.06 — a surge of nearly 4,000,000,000%.

Tech CEO issues blunt warning on Venmo donations to U.S. debt first appeared on TheStreet on Jul 24, 2025

This story was originally reported by TheStreet on Jul 24, 2025, where it first appeared.