Bitcoin could pay off the U.S. debt. 🚀💰
According to PANews, the founder and CEO of CryptoQuant, Ki Young Ju, expressed on platform X that it is entirely feasible to use Bitcoin to pay off the debt of the United States, as long as there is a consensus on the status of Bitcoin.
Ju pointed out that the only risk is that old Bitcoin holders might sell their assets to undermine the United States. However, he questioned whether these holders would actually sell if the U.S. government continues to accumulate Bitcoin until 2050 and its price keeps rising.
- Bitcoin could be a viable solution for the U.S. debt.
- The risk of massive selling of Bitcoin by old holders could undermine the plan.
- The status of Bitcoin as a safe-haven asset could influence the government’s decision.
This proposal presents an innovative alternative to address the national debt, but it also brings significant challenges. 🌐📊
