๐‘ช๐’‚๐’ ๐‘ฉ๐’Š๐’•๐’„๐’๐’Š๐’ ๐‘บ๐’‚๐’—๐’† ๐‘ป๐’‰๐’† ๐‘ผ.๐‘บ.๐‘จ ๐‘ญ๐’“๐’๐’Ž $๐Ÿ‘๐Ÿ“ ๐‘ป๐’“๐’Š๐’๐’๐’Š๐’๐’ ๐‘ฐ๐’ ๐‘ต๐’‚๐’•๐’Š๐’๐’๐’‚๐’ ๐‘ซ๐’†๐’ƒ๐’•? ๐‘ฌ๐’™๐’‘๐’†๐’“๐’•๐’” ๐‘ฌ๐’™๐’‘๐’๐’๐’“๐’†

The idea of using $BTC to alleviate the United States' national debt has sparked a thought-provoking debate. With a staggering $35 trillion debt, the U.S. is under increasing fiscal pressure, and some have speculated that Bitcoin, as a decentralized digital currency, might offer a solution.

Former President Donald Trumpโ€™s casual suggestion to sell โ€œa few bitcoinsโ€ to erase the national debt has added fuel to the fire. While intriguing, it oversimplifies the reality of managing such a massive liability. Bitcoinโ€™s market capitalization hovers around $600 billionโ€”merely a fraction of whatโ€™s needed to even dent the national debt.

The International Monetary Fund (IMF) projects global public debt to surpass $100 trillion in 2024, with the U.S. contributing about one-third of that total. The U.S. national debt is expected to grow by another 5.5% next year, leading to an additional $2 trillion burden. With $1 trillion annually going toward interest payments alone, the traditional reliance on issuing bonds adds to inflationary pressures, worsening the situation.

Though Bitcoin has been touted as a hedge against inflation and a store of value, experts warn that its volatility, regulatory uncertainties, and limited liquidity make it an unlikely solution for debt management. Paul Muller, a senior fellow at the American Institute for Economic Research, suggests that embracing cryptocurrencies could spur economic growth by creating new opportunities, but cautions against relying on them as a magic bullet.

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