• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Reserve: A Path for the U.S. to Cut Debt by 35%

user avatar

by Giorgi Kostiuk

6 months ago


VanEck projects a 35% reduction in U.S. national debt over 24 years by establishing a reserve of one million Bitcoin. This plan aligns with Senator Cynthia Lummis’s bill, advocating for Bitcoin’s central role in the country's financial strategy.

Proposed Pathways for Bitcoin Reserve

The Lummis bill suggests using the 198,100 Bitcoin already seized by the U.S. government as a starting point. The remaining 801,900 Bitcoin could be acquired through creative financial measures, including reallocating part of the U.S.'s gold reserves and using Emergency Support Functions, without increasing taxes or printing more money.

Geopolitical Implications

The upcoming Trump administration has fueled discussions about a possible executive order designating Bitcoin as a reserve asset from day one. Global adoption trends, including Bitcoin’s potential role in trade settlements among countries seeking to bypass dollar sanctions, could further bolster its value. While Senator Lummis’s bill awaits congressional review, it represents a bold vision for integrating Bitcoin into the U.S. economy.

The plan to establish a Bitcoin reserve in the U.S. suggests a strategic approach to managing national debt and financial assets. While its implementation poses numerous political and economic challenges, it opens new prospects for cryptocurrency utilization in the global economy.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Cryptocurrency Pressure: Trump Announces New Tariffs

chest

The crypto market continues to face challenges amid recent economic news. Hyperliquid (HYPE) shows signs of decline.

user avatarGiorgi Kostiuk

BitFuFu's Success: 445 Bitcoins Mined and Growth in Production Capacity

chest

BitFuFu marks a record in bitcoin production due to expansion and strategic partnerships.

user avatarGiorgi Kostiuk

Strategy Launches $4.2 Billion Stock Offering to Increase Bitcoin Holdings

chest

Strategy has launched a $4.2 billion offering aimed at increasing its Bitcoin reserves.

user avatarGiorgi Kostiuk

Trading Ban on Jane Street: $567 Million Seized

chest

Jane Street contests SEBI's ban after $567 million seized over allegations of manipulation in Indian bank stocks.

user avatarGiorgi Kostiuk

Changpeng Zhao's Warning: Cryptocurrency Is Not a Get-Rich-Quick Scheme

chest

Changpeng Zhao, former CEO of Binance, warns investors about the pitfalls of seeking fast profits in the crypto market.

user avatarGiorgi Kostiuk

Digital Asset Market in the USA: The CLARITY Act on the Agenda

chest

The CLARITY Act aims to eliminate regulatory uncertainty for digital assets in the USA. Discussions in Congress are ongoing.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.