Lemme get this straight
@SenLummis says if the US held 1 million Bitcoin for 20 years, it could reduce the national debt by half.
US debt today: $39.2 trillion
US debt in 2046 with the historic 6% annual debt growth: $126T (half of that is $63T...)
1M BTC today at $63k = $63 billion (no slippage...)
To cover half of the projected $126T national debt with 1M bitcoin:native, Bitcoin would need to hit $63 million per coin β roughly 1,000x from today (~41% CAGR for 20 years straight)
Thoughts?
Bitcoin: This Is Where We Bottom
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