VanEck predicts that Bitcoin will play a vital role in managing the increasing national debt of the United States. Based on a study of the proposed Bitcoin legislation by Senator Cynthia Lummis, strategic Bitcoin reserves could help balance a portion of the country’s debt by 2049. VanEck believes such reserves could balance around $21 trillion of national debt by 2049. This prediction heavily relies on Bitcoin price trends, with VanEck’s compound annual growth model forecasting 25%. However, the practicality of this strategy remains uncertain due to price fluctuations, legal uncertainties, and industry acceptance patterns. While this perspective aligns with the broader discussion on the leading role of digital currencies in national economies, the US government has yet to announce a specific plan for large-scale Bitcoin purchases.
