According to ChainCatcher, as reported by Beincrypto, asset management company VanEck predicts that by adopting a strategic Bitcoin reserve, the U.S. could reduce its national debt by 36% by 2050. This view aligns with Senator Cynthia Lummis's Bitcoin bill, which proposes that the U.S. accumulate 1 million Bitcoins within five years to alleviate the debt burden.
VanEck's analysis indicates that if the debt increases at an annual growth rate of 5% while Bitcoin appreciates at 25% annually, by 2049, Bitcoin investments could reduce U.S. debt by approximately $42 trillion, with Bitcoin's value reaching $42 million, making it an important asset in the global financial landscape. Additionally, VanEck expects that by 2049, Bitcoin will represent 18% of global financial assets.
VanEck's Head of Research Mathew Sigel believes that Bitcoin has the potential to reshape the global financial landscape, becoming a global trade settlement currency and providing an alternative to the dollar, especially in countries subject to U.S. sanctions. VanEck suggested that the Trump administration adjust its policy to use the Foreign Exchange Stabilization Fund to purchase Bitcoin.
