cryptofamily

In her strategy, Cynthia Lummis proposes to use US Treasury gold certificates to buy bitcoins. The initiative involves buying 5% of BTC from the market and then holding them for 20 years. This will require about $90 billion. 

VanEck analysts forecast the bitcoin exchange rate to grow by an average of 25% per year, then by 2049 the U.S. state reserve could reach $42 trillion. And the national debt, according to their estimates, is growing by 5% per year, so by then it will amount to $119 trillion.

The analysts base their scenario on a bitcoin value of $200,000 in 2025. The U.S. government currently holds 198,100 BTC in its wallets, and the Lummis strategy proposes to purchase another 801,900 coins.

You can't go back and change the beginning, but you can start where you are and change the ending. 
- C. S. Lewis

I too think 20 years is too long, especially for cryptocurrency

20 years is a long time. No one can guarantee that in 20 years you can get a lot of money. What do you think?🤔

Gifted you +100 🔥 FIRE. Balance check recommended.

I think they need to make such a calculation that this growth would cover their national debt 2000 $DEGEN