VanEck Envisions A Scenario Where Bitcoin Saves The US Economy

Galloping inflation, rising taxes, and abyssal debt: our leaders juggle these ticking bombs. Some display alarming figures, while others prefer silence. But in the face of current and impending economic crises, one idea is emerging: what if Bitcoin could help rebalance the American accounts? This is the thesis put forward by VanEck, which envisions a scenario where the United States would accumulate one million BTC to counter a debt soaring towards 116 trillion dollars. Illusion or realistic solution?

A strategic reserve of Bitcoin: a bold idea for the USA

According to VanEck, which recently proposed a colossal plan to purchase 247,000 Bitcoins, if Washington were to accumulate one million BTC by 2029, the national debt could be reduced by 21 trillion dollars by 2049. This would represent approximately 18% of the projected debt at that time. To achieve this, the flagship crypto would need to follow an annual growth of 25%, with a price reaching 21 million dollars per unit.

A ambitious? Certainly. Realistic? Much less so.

Some key figures from this hypothesis:

• Purchase of 1 million BTC in 5 years;
• Bitcoin growth at 25% per year;
• Projected national debt: 116 trillion dollars by 2049;
• Estimated effect of Bitcoin: -21 trillion dollars on the debt.

One burning question remains: would the American government be ready to take such a bet?

Bitcoin: a risky economic bet

Some countries, like El Salvador, have already integrated Bitcoin into their financial strategy. But seeing the United States follow this example is another story.

David Sacks, the “crypto tsar” of the USA, revealed that the administration was considering the idea of a “Strategic Bitcoin Reserve”. However, several obstacles lie ahead: BTC volatility, regulatory uncertainties, and fluctuating institutional adoption.

As Vivek, a recognized crypto analyst, points out:

“VanEck predicts that by 2050, Bitcoin will become a reserve asset for central banks with a weighting of 2%, thus reaching 3 million dollars per unit.”

But this scenario relies on optimistic assumptions. What if the crypto suffers a sharp drop or a regulatory ban?

If the United States is considering diversifying its reserves with Bitcoin, the national debt continues to soar. Demand for Treasury bonds is weakening and economic stability is wavering. All of these signals could disrupt the Bitcoin market. The future will tell us whether this bet is a financial revolution or an illusion.