Since Musk was chosen by Trump to be the "spending judge" of the U.S. government, he has been dedicated, influencing Congress and attacking various media outlets, while Democrats sow discord, believing that Elon is trying to seize power to become America’s "shadow president."

Last week, the internal strife in Congress regarding the U.S. government debt ceiling was severe, and interestingly, Trump and Musk seemed to be on the same front, but their rhetoric had different flavors.

Trump said that the U.S. should eliminate the debt ceiling.

Musk said that an agreement to control the debt ceiling must be reached by 2025.

From this perspective, Musk is actually playing the good cop, genuinely concerned about America's debt risks, while Trump reveals his true colors - just eliminate it altogether and print money without limits in the future.

In recent years, the U.S. government has borrowed heavily to support the economy through the global pandemic and to fund the agendas of Presidents Donald Trump and Joe Biden. The total outstanding debt has surged from $19.5 trillion in 2016 to $36 trillion, about 120% of GDP, up from 105% in 2016. Worse yet, although the economy has recovered from the pandemic, spending still far exceeds tax revenues, leading to a budget deficit that soared to $1.83 trillion for the fiscal year ending September 30.

Worryingly, the total interest expense in the U.S. for 2024 is projected to be $1.13 trillion, accounting for 4% of GDP, up from 2.4% in 2020.

The issue of U.S. debt may not immediately impact the economy, but the urgency is undeniable.

For those holding U.S. debt externally, caution is warranted as there is an increasing discussion within the U.S. about repaying debt with Bitcoin, and Trump has also made statements on this, which is quite dangerous. Asset management firm VanEck recently predicted that Bitcoin (BTC) reserves could help the U.S. pay off its rapidly growing national debt in about 25 years. Their data shows that if the U.S. were to establish a reserve of 1 million Bitcoins as proposed by some lawmakers, by 2049, the value of those 1 million Bitcoins would reach $42.4 trillion, while the value of U.S. national debt would reach $119.3 trillion. In other words, Bitcoin alone could cover one-third of the debt, a deal Trump would definitely agree with.

In summary, the future trajectory of Bitcoin is still closely tied to the movements of the United States.