CryptoQuant founder: Bitcoin strategic reserve can "offset US debt"
2024-12-21 22:38:13
Cryptoquant founding ki young ju representation united states maydesk3cryptocurrencydesktopCrypto News
Ki Young Ju, founder of CryptoQuant, said it is possible for the United States to strategically accumulate Bitcoin (BTC) to solve some of its debt problems. Young Ju believes that it is feasible to establish a strategic Bitcoin reserve (SBR) to offset some of the U.S. debt. Considering that U.S. debt includes debt held domestically and abroad, Young Ju suggested that the United States could acquire about 1 million Bitcoin. This amount of strategic accumulation should span between now and 2050.
He explained that the money could be used to offset 36% of its domestic debt. This means that 70% of US debt can be paid off.
He explained that the money could be used to offset 36% of its domestic debt. This means that 70% of US debt can be paid off.
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