Solving the problem of the US national debt: The Bitcoin Act of 2024

According to the proposed Bitcoin Act of 2024, the US Treasury will purchase 1 million $BTC over five years, aiming to harness the potential of Bitcoin for long-term growth. If BTC grows by 25% per year, forecasts suggest that by 2050, the US could offset 44% of its national debt.

The plan includes acquiring 200,000 #BTC annually over five years. President Trump raised the question of the potential use of cryptocurrencies, including #Bitcoin, for debt repayment, which sparked debates about the feasibility of such strategies.