Imagine the U.S. government using Bitcoin, a type of digital money, to help pay off its debt! A new study looks at how this could work. It's a big, complicated idea, but we can break it down.
- The U.S. might buy lots of Bitcoin over five years.
- This Bitcoin could be used to pay off some debt later on.
- Experts think it's unlikely Bitcoin will pay off all the debt.
Fact | Number |
---|---|
U.S. debt (now) | ~$36 trillion |
Bitcoin the U.S. might buy | 1 million |
Possible Bitcoin value (in the future) | ~$21 trillion |
Debt reduction with 1 million Bitcoin | ~18% |
Buying that much Bitcoin is hard! Even if it works, it won't solve the whole debt problem. It's a cool idea, though, that shows how Bitcoin might have a role in the future of money.