Riot Vice President Pierre Rochard proposes reserves of #Bitcoin to help repay US debt. The three-phase plan involves buying, holding and using Bitcoin to pay off the national debt. Analysts are bullish on Bitcoin's long-term value as recession concerns grow in the US looking.

Pierre Rochard, Vice President of Research at Bitcoin miner Riot Platform, explained in a recent post on the

In particular, he made recommendations on how strategic Bitcoin reserves could help pay off the national debt. This statement fueled discussions in the crypto market and attracted the attention of market enthusiasts.

Pierre Rochard outlined a three-step plan for the United States to manage its debt. He urged users to purchase a strategic Bitcoin Reserve, hold it for 20 years, and pay off the national debt with it.

However, one user expressed concerns about how much the US national debt will reach in 20 years. Commenting on this, Riot manager Pierre Rochard said that Bitcoin will exceed this level in the long term and this shows that his confidence in the flagship cryptocurrency is increasing.