Elon Musk warns that the United States is on the brink of bankruptcy, could the Bitcoin reserve plan turn the tide?

Elon Musk has warned that the US economy is facing the risk of bankruptcy due to the rising national debt. Musk emphasized that government overspending is the main cause, leading to an increase in public debt to 35 trillion USD, which is considered unsustainable. He cited that in just three weeks, public debt has increased by an additional 500 billion USD, destabilizing the country's financial policy.

Musk has proposed the idea of storing Bitcoin as a potential solution, including the use of Bitcoin to pay off part of the national debt. Former President Donald Trump has also suggested the establishment of a "national Bitcoin reserve" to strengthen the financial standing of the US. However, the feasibility and specific details of this plan are still being discussed and are not guaranteed to be implemented in the near future.

The rising interest in Bitcoin in the context of public debt and inflation may create an opportunity for Bitcoin to become a lifeline asset for the economy. However, this outlook still depends on many unclear economic and political factors.