VanEck says strategic Bitcoin reserve could hold up to 35% of US debt by 2050
Investment manager VanEck has projected that the Bitcoin Reserve, as proposed under Senator Cynthia Lummis’s BITCOIN Act, could hold up to 35% of the US national debt by 2050. This will offset about $42 trillion of the country’s liabilities, it claimed. The VanEck analysis assumes that the national debt will compound by 5% between 2025…