According to BlockBeats, asset management firm VanEck said that if the United States establishes a reserve of 1 million Bitcoins as proposed by Senator Cynthia Loomis, the national debt could be reduced by 35% in the next 24 years.
VanEck assumes that Bitcoin will grow at a 25% compound annual growth rate to $42.3 million in 2049, while the U.S. national debt will increase at a 5% compound annual growth rate from $3.7 trillion at the beginning of 2025 to $119.3 trillion.
By 2049, the reserve could account for 35% of the national debt, offsetting about $42 trillion in liabilities, according to Matthew Sigel, head of digital asset research at VanEck, and investment analyst Nathan Frankovitz.
