Using Bitcoin to pay off US national debt is a ridiculous idea
From a political perspective, the cryptocurrency industry is facing the arrival of Blockchain 3.0, the "Government Era," where all platforms are under regulatory pressure. Even though we have entered the government era, the US will not choose to pay off its debt with Bitcoin; this economic formula is inherently flawed.
Trump, known for his big mouth, suggesting using Bitcoin to pay off national debt makes no sense for the US, as the dollar only needs to stabilize the current dollar system.
In the past, I paid close attention to politics, and Trump launched one round of sanctions after another against China. However, during Trump's presidency, the dollar fell by about 12% in the international market. It was during this time that the world began to sing the decline of the US; it's not us who are singing this tune, but America's allies!
Using Bitcoin to pay off national debt is a ridiculous idea. For the US, it needs to optimize the dollar system and reintegrate into the international environment. The notion of paying off its own printed national debt with Bitcoin sounds absurd.
For the US, leveraging the convenience of blockchain technology to expand the usage of the dollar in countries across Europe, Africa, and the Asia-Pacific region, and converting its quality assets into tokenized forms on-chain, could promote the efficiency of dollar usage, which is a good way to address the national debt issue.
Of course, this faces complex solutions involving stablecoin regulation and system construction; however, the US government and Wall Street have the relevant talent to advance the entire system's implementation, although there is a serious issue with government efficiency in the US.
The US remains strong, but there are significant problems with overall social efficiency. In the age of nuclear deterrence, whoever takes office cannot change the fact that the US and the world have reached a crossroads.
