PANews reported on December 23 that according to Beincrypto, asset management company VanEck recently predicted that by adopting strategic Bitcoin reserves, the United States could significantly reduce its national debt by as much as 36% by 2050. This move echoes Senator Cynthia Lummis's Bitcoin bill, which advocates that the United States accumulate 1 million Bitcoins within five years to consolidate the financial foundation of future generations and reduce their debt burden.
VanEck's analysis further states that if debt continues to increase at an annual rate of 5% and Bitcoin maintains an annual appreciation rate of 25%, then by 2049, such investments will reduce the U.S. national debt by approximately $42 trillion. By then, the value of Bitcoin will soar to more than $42 trillion, becoming an important player in the global financial sector. VanEck also added that assuming the current total global financial assets are $900 trillion and grow at a compound growth rate of 7.0% between 2025 and 2049, Bitcoin will account for 18% of global financial assets.
Mathew Sigel, head of research at VanEck, emphasized the potential of Bitcoin in reshaping the global financial landscape, believing that it may become the main settlement currency for global trade, providing an alternative to the US dollar, especially for countries sanctioned by the United States. To this end, VanEck recommends stopping the sale of Bitcoin in the reserves of confiscated US assets, and recommends that the new Trump administration adjust its policies, such as revaluing gold certificates and using the foreign exchange stabilization fund to purchase Bitcoin.
