Can Bitcoin Erase US Debt By 2049? VanEck Research Weighs In

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Can Bitcoin Erase US Debt By 2049? VanEck Research Weighs In

VanEck has announced a bold prediction that Bitcoin will play a critical role in managing the United States’ rising national debt. The study, based on Senator Cynthia Lummis’ proposed Bitcoin Act, shows that a strategic Bitcoin reserve may partially balance the country’s debt by 2049. But how feasible is this concept? Related Reading: Bitcoin Vs. […]

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Vaneck announced a bold prediction that Bitcoin will play an essential role in managing the growing national debt of the United States. The study, based on the Bitcoin law proposed by Senator Cynthia Lummis, shows that a strategic Bitcoin reserve can partially balance the country's debt by 2049. But to what extent [...] The Bitcoin article can erase the US debt by 2049? Vaneck Research weighs first appeared on The Crypto Currency.

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This week, Vaneck Investment Management Company introduced a calculator that shows how a strategic bitcoin reserve will affect the public debt of the United States under specified conditions. This tool is based on Vaneck’s study, in which the company’s analysts describe how soon the debt can be paid [...] The Bitcoin Reserve entry can pay off part of the US debt for 2049 was first published in The Cryptocurrency.

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VanEck Study Explores Whether Strategic Bitcoin Reserve Could Settle US Debt by 2049

After Donald Trump’s pivotal address at the Nashville Bitcoin conference in July 2024, Senator Cynthia Lummis introduced her Bitcoin reserve bill, clearly stating its objective to alleviate U.S. debt. New research from VanEck indicates that if the bill is enacted, Bitcoin could potentially offset 18% of the national debt before the government is permitted to sell its Bitcoin reserves. On February 21, 2025, the investment management firm VanEck u…

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VanEck Tool Shows Strategic Bitcoin Reserve Can Trim US Debt – #CryptoUpdatesGNIT

Asset manager VanEck has stated that a Strategic Bitcoin Reserve could help mitigate the US’ growing debt, which currently stands at $36 trillion. To explore the potential effects of this idea, the firm has developed an interactive tool inspired by the BITCOIN Act. How Will a Strategic Bitcoin Reserve Reduce US Debt? The BITCOIN Act, introduced by Senator Cynthia Lummis, outlines a plan for the US government to acquire up to 1 million Bitcoins (…