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CryptoQuant Founder: Bitcoin strategic reserves can "offset U.S. debt"

CryptoQuant Founder: Bitcoin strategic reserves can "offset U.S. debt"

Bitget2024/12/21 22:46

On December 22, Ki Young Ju, the founder of CryptoQuant, stated that the United States could strategically accumulate Bitcoin (BTC) to address some debt issues. Young Ju believes that establishing a Strategic Bitcoin Reserve (SBR) to offset part of U.S. debt is feasible. Considering that U.S. debt includes both domestic and foreign-held debts, Young Ju suggested that the U.S. could acquire about 1 million Bitcoins. This strategic accumulation should span from now until 2050. He explained that this money can be used to offset its 36% of domestic debt which means it could pay off 70% of US debts.

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