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Cherry Carry 🍿🎩πŸ”₯ pfp
Cherry Carry 🍿🎩πŸ”₯
@cherrycarry
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.
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niknameste 🎩 pfp
niknameste 🎩
@niknameste.eth
I think they need to make such a calculation that this growth would cover their national debt 2000 $DEGEN
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$DEGEN Tip Bot
@degentipbot.eth
βœ… 2 000 tipped βˆ™ 811 remaining 6 000 / 6 811 (88%) 🟧🟧🟧🟧🟧🟧🟧🟧🟧⬜
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