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Cryptocurrency News Video

12-24[USA] Draw a big pie! Bitcoin could reduce 35% of U.S. national debt

Jan 04, 2025 at 07:02 am 加密LEO話不多

Hello, LEO! Today, let’s take a look at how Bitcoin, as a U.S. strategic reserve asset, may help solve the long-suffering problem of huge U.S. national debt. According to asset management company VanEck, if the bill proposed by U.S. Senator Cynthia Lummis to establish a 1 million Bitcoin reserve is passed, the U.S. national debt could be reduced by 35% in the next 24 years. A report from VanEck Digital Asset Research stated that if the currency price grows at a compound annual growth rate of 25%, it will reach US$42.3 million per coin by 2049, while U.S. Treasury bonds grow at 5%. From US$37 trillion at the beginning of 2025, it is expected to grow to US$119 trillion during the same period. Calculated, the Bitcoin reserves in 2049 are equivalent to 35% of the national debt, which can offset the debt burden of US$42 trillion. However, their assumption is a bit optimistic. The ultra-high compound annual growth rate of 25% is Starting from $200,000 in 2025. The current currency price is $95,360, which means it needs to double to reach the starting point assumed by VanEck.
Video source:Youtube

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