美國可以收購價值2000億美元的比特幣，並在此過程中節省約3540億美元

在美國比特幣活動期間，霍恩斯提出了一項策略，該戰略使用債券發行中的比特幣來削減政府借貸成本。

The U.S. could buy $200 billion of Bitcoin (BTC) and save an estimated $354 billion in the process, according to Andrew Hohns, CEO of Newmarket Capital.

Newmarket Capital首席執行官安德魯·霍恩斯（Andrew Hohns）表示，美國可以購買2000億美元的比特幣（BTC），並在此過程中節省約3540億美元。

During the Bitcoin For America event, Hohns presented a strategy that leverages Bitcoin in bond issuance to decrease government borrowing costs. The plan could also benefit from Bitcoin’s potential for significant long-term growth.

在美國比特幣活動期間，霍恩斯提出了一項戰略，該戰略利用比特幣發行債券來降低政府借貸成本。該計劃還可以受益於比特幣的長期長期增長的潛力。

A Groundbreaking Bond Structure

開創性的鍵結構

Hohns's proposal involves issuing $2 trillion in bonds, with 10% of it, approximately $200 billion, being invested directly into Bitcoin. The remaining 90 percent would be used for government programs and operations.

霍恩斯的提議涉及發行2萬億美元的債券，其中10％的債券（約2000億美元）直接投資於比特幣。其餘90％將用於政府計劃和運營。

The plan includes issuing the bonds at a 1% interest rate, which is lower than the current U.S. 10-year Treasury rate of 4.5%. This would generate annual savings of 3.5%, or $70 billion, on the $2 trillion total. Over 10 years, this amounts to $700 billion in savings.

該計劃包括以1％的利率發行債券，低於當前的10年期庫務利率4.5％。這將為2萬億美元的總儲蓄量產生3.5％或700億美元。在10年中，這一數字為7000億美元。

After considering the $200 billion cost of acquiring Bitcoin, the net savings on interest would be approximately $554 billion in present value terms. Therefore, the government could purchase $200 billion of Bitcoin and save $354 billion on interest payments.

在考慮了收購比特幣的2000億美元成本之後，現價淨儲蓄將約為5540億美元。因此，政府可以購買2000億美元的比特幣，並節省3540億美元的利息。

Bond investors would receive an annual return of 4.5%, and they would also benefit from a share of any Bitcoin gains. Both the U.S. government and investors would split any appreciation in Bitcoin. Additionally, Hohns proposed that gains from the Bit Bonds be exempt from income and capital gains taxes, providing a potential tax advantage for American households.

債券投資者的年收益將為4.5％，他們也將從任何比特幣收益中受益。美國政府和投資者都將對比特幣進行任何讚賞。此外，霍恩斯（Hohns）提出，從地位債券中獲得的收益免於收入和資本利得稅，為美國家庭提供了潛在的稅收優勢。

Bitcoin’s Role in Reducing National Debt

比特幣在減少國債中的作用

The plan aims not only to reduce borrowing costs but also to leverage Bitcoin’s potential for substantial appreciation to help manage the U.S. national debt. If Bitcoin continues its historical growth rate of 37% annually, the government’s Bitcoin holdings could surpass $1.7 trillion by 2035 and potentially exceed $50 trillion by 2045. This contribution could be instrumental in reducing the national debt over time.

該計劃不僅旨在降低借貸成本，還旨在利用比特幣的潛力來幫助管理美國國家債務。如果比特幣每年持續37％的歷史增長率，到2035年，政府的比特幣持有量可能超過1.7萬億美元，到2045年可能超過50萬億美元。這項貢獻可能會隨著時間的推移減少國債而發揮作用。

Moreover, the strategy aligns with Treasury Secretary Bessent’s goal of diversifying debt maturities to mitigate refinancing risks.

此外，該戰略與財政部長Bessent的目標相吻合，即使債務成熟度多樣化以減輕再融資風險。

Hohns highlighted that this proposal offers a “win-win-win” scenario, as it benefits taxpayers with lower taxes, investors with higher returns, and policymakers with lower borrowing costs.

霍恩斯強調，該提案提供了“雙贏”方案，因為它使納稅人受益於稅收較低的納稅人，收益較高的投資者以及借貸成本較低的決策者。

Expert Support for Bitcoin-Based Debt Management

基於比特幣的債務管理的專家支持

The concept of using Bitcoin to address national debt has also been discussed by other financial experts, such as Matthew Sigel, Head of Digital Asset Research at VanEck.

其他財務專家（例如Vaneck的數字資產研究主管Matthew Sigel）也討論了使用比特幣來解決國家債務的概念。

Sigel recently proposed a similar strategy to help manage the U.S. government’s $14 trillion debt. His version involves using the bond proceeds to purchase Bitcoin, with investors receiving all Bitcoin gains up to a 4.5% annual return. Any additional gains would be split evenly between investors and the government, creating a shared incentive for Bitcoin’s price to rise.

西格爾（Sigel）最近提出了一種類似的策略，以幫助管理美國政府14萬億美元的債務。他的版本涉及使用債券收益購買比特幣，投資者獲得所有比特幣的收益高達4.5％。任何額外的收益將在投資者和政府之間平均分配，從而為比特幣的價格上漲帶來共同的動力。

This idea also resonates with Senator Cynthia Lummis, who has advocated for the U.S. government to acquire Bitcoin. Lummis suggested that the U.S. could buy 200k BTC tokens annually over five years to reach 1 million units. She believes this could cut the national debt by as much as 50% over the next two decades.

這個想法也引起了參議員辛西婭·盧米斯（Cynthia Lummis）的共鳴，他倡導美國政府獲得比特幣。盧米斯（Lummis）建議，美國可以在五年內每年購買200k BTC代幣，以達到100萬個單位。她認為，在未來二十年中，這可能會減少多達50％的國家債務。