Imagine the US government using Bitcoin to pay down its massive debt! That's what one company, VanEck, thinks could happen. They believe that if the US buys a lot of Bitcoin now, and its price goes way up, it could help reduce the debt in the future.
- VanEck predicts a $21 trillion reduction in US debt.
- This would involve the US buying 1 million Bitcoins.
- They think the price of one Bitcoin could reach $21 million by 2049.
- Other countries are also looking into using Bitcoin.
| Item | Number |
|---|---|
| Projected Bitcoin price in 2049 | $21 million |
| Target number of Bitcoins | 1 million |
| Projected debt reduction | $21 trillion |
Bitcoin is a type of digital money. A lot of people are talking about it, but it's important to remember that the price can go up and down a lot.
