According to BlockBeats news on December 23, asset management firm VanEck stated that if the U.S. establishes a reserve of 1 million Bitcoins under the bill proposed by Senator Cynthia Lummis, the national debt could be reduced by 35% over the next 24 years.
VanEck's estimate assumes that Bitcoin will grow at a 25% compound annual growth rate (CAGR) to $42.3 million by 2049, while U.S. Treasury bonds will rise from $37 trillion at the beginning of 2025 to $119.3 trillion during the same period at a 5% compound annual growth rate.
Matthew Sigel, Head of Digital Asset Research at VanEck, and investment analyst Nathan Frankovitz stated in a report on December 20: "By 2049, this reserve could account for 35% of the national debt, offsetting about $42 trillion in liabilities."
