- Shytoshi Kusama envisions Shibarium as a blockchain solution to tackle America’s $36 trillion debt by improving government efficiency and transparency.
- Shibarium competes with Cardano, Tron, and others in offering blockchain solutions for U.S. governance, aiming to lead the shift from Web2 to Web3.
Shytoshi Kusama, Shiba Inu’s lead developer, has proposed Shibarium, the project’s Layer-2 blockchain, as a groundbreaking solution to tackle the United States’ staggering $36 trillion debt. He suggests Shibarium as a potential solution to the U.S. debt crisis.
This bold suggestion followed a tweet by Shib Army member “Dudu,” who questioned blockchain’s role in improving government efficiency and transparency. As shared on the Shibarium meme community page, Dudu’s provocative query explored the potential of blockchain to monitor government spending, manage taxes, and streamline payments in real time.
Thanks @ShytoshiKusama ,
only a few people now have an idea of what is happening in reality, they read FakeNews newspapers (the battle between good and evil that has been fiercely fought and is continuing in the best possible way… fortunately). #ShibariumWhy does @elonmusk… pic.twitter.com/E7QOP8llQ3
— Dudu (@DuduShibarium) January 26, 2025
Dudu also referenced Ethereum co-founder Vitalik Buterin’s assertion that blockchain can redistribute power from centralized institutions to individuals, aligning closely with Shibarium’s decentralized vision. Kusama echoed this sentiment, aiming to position Shiba Inu beyond its meme coin origins toward a transformative blockchain ecosystem.
Shibarium’s Strategic Vision for the U.S.
Last November, Kusama announced plans to launch a Strategic Hub for Innovation and Blockchain, aiming to integrate blockchain solutions into government, cities, and businesses. Shiba Inu’s ecosystem tokens—SHIB, Bone, Leash, and Treat—were highlighted as tools to transition the U.S. from Web2 to Web3.
This initiative includes piloting the hub in a U.S. city with intentions to scale it nationally, potentially creating a blueprint for the current administration.
Kusama’s proposal aligns with former President Donald Trump’s executive orders emphasizing a national digital asset reserve while opposing central bank digital currencies (CBDCs). These developments underscore blockchain’s growing relevance in U.S. governance.
Competition in Blockchain Solutions
As CNF previously reported, Shiba Inu’s Shibarium Network upgrades, which support faster transactions and stable gas fees, could position it as a viable solution for government adoption. However, Shibarium is not alone in this race.
Cardano’s Charles Hoskinson recently offered a free blockchain solution to Elon Musk’s Department of Government Efficiency (DOGE). Similarly, Justin Sun of Tron has positioned Tron as a viable option.
Meanwhile, Ripple and Bitcoin maximalists continue clashing over establishing a national cryptocurrency reserve, while Litecoin advocates for fair recognition of its contributions to advancing blockchain technology. Despite these challenges, Kusama’s vision places Shibarium at the forefront of blockchain-driven governance solutions.
As of now, according to CoinMarketCap data, Shiba Inu (SHIB) is trading at $0.00001897, with an increase of 6.36% in the past day, despite a 9.98% decrease in the past week. See SHIB price chart below: