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

How Bitcoin Could Reduce the U.S. National Debt: VanEck Report

user avatar

by Giorgi Kostiuk

6 months ago


A recent report by VanEck suggests that strategic Bitcoin reserves could significantly lower the U.S. national debt by 2050, in line with Senator Cynthia Lummis's proposals.

Bitcoin's Role in Reducing Debt

According to VanEck's analysis, if Bitcoin maintains its trend of annual appreciation at 25%, the U.S. could dramatically cut its debt load. By 2049, Bitcoin's value might reach $42 trillion, surpassing the U.S. national debt and offsetting approximately $42 trillion, or about 35% of the total debt.

Bitcoin's Growing Importance in Global Finance

These strategic forecasts for Bitcoin extend beyond the U.S. Enhanced involvement in international settlements could position Bitcoin as a significant asset in the global financial market. Increased use as a settlement currency by countries wishing to bypass U.S. sanctions could elevate Bitcoin's role in global transactions. By 2049, its projected value might constitute 18% of global financial assets, up from just 0.22% today.

“It’s very possible bitcoin will be widely used as a settlement currency for global trade by countries who wanted to avoid the parabolic increase in USD sanctions that have been imposed.”Matthew Sigel

Strategic Steps for Adoption

VanEck recommends several steps to incorporate Bitcoin into U.S. financial strategy, including halting the sale of assets from U.S. forfeiture reserves currently holding about 198,100 Bitcoins, and reevaluating U.S. gold reserves to purchase Bitcoin via the Exchange Stabilization Fund. These measures could bolster the U.S.'s position in the evolving digital economy, even without full legislative approval.

VanEck's proposal to leverage Bitcoin as a national reserve faces mixed reactions. Despite some support, skeptics suggest alternatives, such as creating a national digital currency.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Crypto Industry: Capitalization Growth and Price Increases for Bitcoin and Ethereum

chest

The crypto industry shows positive changes, with capitalization and leading asset prices rising. Learn more about the current trends.

user avatarGiorgi Kostiuk

Crypto Market Reacts to Whale's $4 Million Short Position on PUMP

chest

A crypto whale has opened a $4 million short position on Hyperliquid, potentially impacting PUMP's price.

user avatarGiorgi Kostiuk

Pentagon's Investment in MP Materials: A New Era in Rare Earth Element Production

chest

The Pentagon will acquire a 15% stake in MP Materials and open a magnet manufacturing plant in the US.

user avatarGiorgi Kostiuk

ETH Traders Remain Cautious Despite Price Rally and ETF Inflows

chest

Skepticism about ETH's future remains, despite price rallies and ETF inflows. Layer-2 growth has not increased ETH demand.

user avatarGiorgi Kostiuk

Bhutan Outperforms Germany in Bitcoin Sales with Better Timing

chest

Bhutan earned $188.65 million on Bitcoin sales, strategically choosing timing, while Germany missed out on $2.67 billion.

user avatarGiorgi Kostiuk

Crypto ETFs: Record Inflows for Bitcoin and Ethereum

chest

Bitcoin and Ethereum ETFs saw $409 million in inflows last week, boosting total assets under management to $148.82 billion.

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.