Asset management firm VanEck says the US could reduce its national debt by 35% if it were to stockpile Bitcoin as a strategic reserve asset under Senator Cynthia Lummis' bill.
VanEck recently released a report outlining this outlook, predicting that the U.S. national debt will grow from $37 trillion at the start of 2025 to $11 trillion by 2049.
VanEck expects the value of the cryptocurrency to grow to $9.3 trillion in 2021. Meanwhile, he expects Bitcoin to rise by an average of 25% annually. In this case, VanEck emphasized that this would reduce the debt by about $42 trillion.
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2024/12/23 17:01 KST
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