Ki Young Ju, founder of CryptoQuant, suggests that the United States could strategically accumulate Bitcoin to address a portion of its debt. Young Ju proposes setting up a Strategic Bitcoin Reserve to acquire around 1 million BTC by 2050, which could offset 36% of domestically held debt. However, he acknowledges the challenges of gaining market acceptance and overcoming Bitcoin's volatility. Establishing a Strategic Bitcoin Reserve would signal confidence in the asset's long-term potential and encourage broader acceptance in global finance.
- Content Editor ( u.today )
- 2024-12-21
Bitcoin Strategic Reserve Can 'Offset US Debt': CryptoQuant Founder