VANECK claims that Bitcoin reserves can compensate the US debt 21T by 2049

VANECK predicted that the United States can reduce its national debt by 21 trillion dollars in the next 24 years.

The company analysts believe this can be achieved by establishing a million bitcoin reserve over the next five years.

Appreciation you are

According to Asset Management Company, the BTC Reserve in the United States can drop national debt if the encryption price rises to 21 million dollars by 2049. This represents around 18 % of the total US debt at the time.

“If the United States government follows the proposed path of the Bitcoin Law – which accumulates a million BTC channels by 2029 – our analysis indicates that this reserve can compensate for about $ 21 trillion of national debt by 2049.” Delay a report.

VANECK is assumed that the price of encoded currency will increase with a 25 % annual growth growth rate (CAGR), as it rises from $ 100,000 to $ 21 million per BTC in the next 24 years, while national debts in the country can accommodate 5 % in Makrawi from 36 trillion US dollars in 36 trillion US dollars. From 2025 to 116 trillion dollars during the same period.

The prediction is in line with the Bitcoin Law proposed by Senator Cennis Lomes. A reaction to the suggestion of you, the legislator to publish On x, “Good idea”.

The Republican was a voice supporter of the idea of ​​the American BTC Reserve. This initiative was previously called for a 36 trillion dollar national debt strategy and strengthening the position of the US global dollar. It argues that the increasing value of the asset can help reduce debts over the next twenty years.

Lummis believes that the creation of this concept will lead to correcting previous financial mistakes and relieving economic pressure on young generations. However, the legislation that would facilitate the establishment of inventory has not yet been reviewed by the Senate or the House of Representatives.

Increased popularity among nations

In the footsteps of President Donald Trump, the BTC’s concept is gaining international attention, and many governments are studying its potential use.

In Venezuela, opposition leader Maria Corina Matshado supports the integration of cryptocurrency into the country’s supplies, on the pretext that she can help recover stolen wealth and provide assistance to her most vulnerable citizens.

Switzerland also explores this possibility, as its national bank evaluates the benefit of the currency as a backup asset alongside gold. Likewise, the legislator at Hong Kong Woo Jezhauang suggested that Bitcoin into financial reserves in December to enhance economic flexibility.

However, not everyone supports the idea. Arthur Hayes, former CEO of Bitmex, recently expelled it as a non -practical strategy that serves political interests rather than ensuring financial stability.