US national debt hits a new high; after the dream linkage between crypto and traditional finance, can 1 million BTC digest 36 trillion US debt?

I saw a message today: Howard Lutnick, the Commerce Secretary nominated by US President-elect Trump, is negotiating with Tether, the world's largest stablecoin operator. The two parties plan to launch a project to "provide US dollar loans to customers with Bitcoin as collateral" with an initial capital of 2 billion US dollars.

Many people previously believed that Trump was more trying to express a "crypto-friendly attitude" to win the votes of crypto voters, rather than really establishing a strategic reserve of Bitcoin!

But soon, this situation was reversed - Trump's clear remarks at the Nashville Bitcoin Conference at the end of July severely slapped a group of market participants in the face.

So, the beginning of the "Bitcoin Strategic Reserve": campaign manifesto or policy plan?

In any case, from the beginning of Trump to now, the price of BTC has risen from 6 to 9, which fully shows that American institutions are doing something that has more decision-making power in the market!

There is a saying that goes like this: Bitcoin is not a goal but a means, and the way to go is to convert debt into currency

The question is whether the current purchase of 5% of Bitcoin as a strategic reserve in a year can play a fundamental role in the 36 trillion US debt?

Let's first look at some of its feasibility: gold in the early years, oil in the industrial period, it seems that apart from these two, the United States is not making a fuss about anything other than BTC!

What's more, the United States is not simply hoarding Bitcoin. It is indeed difficult to have a short-term and rapid relief effect on the US national debt of up to 36 trillion. After all, just as "distant water cannot quench near thirst", "slow money cannot cure acute diseases".

But once Bitcoin is included in the consideration of the "national fiscal level", and then "converted debt into currency", that is, using the gradually rising cryptocurrency to repay medium- and long-term debts in stages! In a step-by-step manner, it may be a "good medicine".

It is not impossible for the continued bull market next year to take the market value of BTC to a higher level!

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