💰 US Bitcoin reserve could slash national debt 35% by 2049: VanEck

The United States could reduce its national debt by 35% in the next 24 years if it creates a reserve of 1 million Bitcoin, in line with a bill proposed by Senator Cynthia Lummis, says asset management firm VanEck. VanEck’s estimate assumed Bitcoin will increase at a compounded annual growth rate (CAGR) of 25% to $42.3 million by 2049, while US national debt climbs at a 5% CAGR from $37 trillion at the start of 2025 to $119.3 trillion over the same time.