Matthew Sigel, the Director of Digital Asset Research at VanEck, believes that Bitcoin strategic reserves could assist the United States in paying off a significant portion of its national debt over approximately 25 years. According to Sigel’s calculations, a reserve of one million bitcoins by 2049 would be valued at around $42.4 trillion, while the US national debt is projected to reach $119.3 trillion. Sigel predicts that with a 25% annual growth in Bitcoin price, this reserve could cover 36% of America’s debt by 2050. Senator Cynthia Lummis from Wyoming has also announced plans to introduce a bill for establishing a Bitcoin reserve. Lummis emphasized that the goal of this initiative is to repay government debts and improve the financial situation for future generations.
