🚀 In a twist that could make Uncle Sam do the Bitcoin Boogie, VanEck suggests the U.S. could slash its national debt by 35% in 24 years with a 1 million Bitcoin reserve. Assuming BTC skyrockets to $42.3 million by 2049, this plan could offset $42 trillion in debt.
With Bitcoin currently at $95,360, it needs a caffeine-fueled jump to $200,000 by 2025 to hit VanEck's optimistic CAGR of 25%. Meanwhile, whispers of a Bitcoin reserve under Trump's administration have already sent BTC prices soaring.
Senator Lummis’ bill proposes repurposing seized Bitcoin and selling gold reserves, all without printing money. Who knew Bitcoin could be the U.S.'s new financial superhero? 🦸♂️