Thursday, July 31, 2025
  • Login
Bullnews - Your Daily Source for Financial Insights, Stock Market Trends & Investment News
Advertisement
  • Home
  • USA
  • World
  • Investing
  • Alternative Investing
  • Personal Finance
  • Opinion
  • Retirement
  • ETFs
  • FX
  • Crypto
No Result
View All Result
  • Home
  • USA
  • World
  • Investing
  • Alternative Investing
  • Personal Finance
  • Opinion
  • Retirement
  • ETFs
  • FX
  • Crypto
Bullnews - Your Daily Source for Financial Insights, Stock Market Trends & Investment News
No Result
View All Result
Home Crypto

CEO Discusses How Building Bitcoin Reserves Might Reduce US Debt

by bullnews
December 22, 2024
in Crypto
Reading Time: 2 mins read
0 0
0
CEO Discusses How Building Bitcoin Reserves Might Reduce US Debt
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

The 2024 US election turned out to be a pivotal moment for the cryptocurrency world, especially with Donald Trump’s reelection. His return to the White House breathed new life into Bitcoin and revitalized the entire crypto market following a sluggish performance in the year’s second and third quarters.

President-elect Trump had made a bold campaign promise: the creation of a strategic Bitcoin reserve. This idea has sparked much discussion in crypto circles, focusing on how such a reserve might influence both the US economy and the broader crypto ecosystem.

The Rationale for a US Strategic Bitcoin Reserve

Ki Young Ju, CEO and founder of CryptoQuant, recently shared his thoughts on the United States establishing a Bitcoin reserve. Posting on the platform X, he suggested that leveraging the world’s largest cryptocurrency to manage the US debt could be a viable strategy.

He explained, “Over the past 15 years, Bitcoin has seen $790 billion in capital flows, which pushed its market cap to an impressive $2 trillion. Just this year, $352 billion has been funneled in, boosting its market cap by another $1 trillion.”

Young Ju further revealed that the US might reduce its domestic debt—which accounts for 70% of the total—by 36% if it secures 1 million BTC by 2050 and designates it as a strategic asset. He noted that, while the remaining 30% of debt held by foreign creditors might not align with this strategy, the plan doesn’t depend on Bitcoin settling all debts, thus making it a sound maneuver.

Ju also acknowledged that using a dynamic asset like Bitcoin to counterbalance dollar-based debts might face hurdles, particularly in creditor acceptance. However, should the US choose to establish a Bitcoin reserve, it might set a global precedent for legitimizing this digital asset, akin to gold.

He pointed out in his X post that one risk of creating such a reserve could be old Bitcoin holders selling off to undermine US governmental intentions. Nonetheless, he noted that if governments persist in acquiring Bitcoin up through 2050 and its value continues to climb, significant sell-offs seem unlikely.

A Quick Look at BTC’s Current Price

Currently, Bitcoin is priced at approximately $97,000, reflecting a slight dip of 0.4% in the last 24 hours, as per CoinGecko’s data. Over the past week, its value has decreased by 3.6%.

Bitcoin Price Chart

Image featured from iStock, chart sourced from TradingView.

Tags: BitcoinBuildingCEODebtDiscussesReduceReserves
Previous Post

Sengtoto: Complete Market Data for Online Togel Agent

Next Post

Extended: HSBC Live+ Continues 8% Cashback Rate Until March 31, 2025

Similar Stories

Cardano Anticipates Massive Growth—Hoskinson Claims Bitcoin is Losing Momentum

Cardano Anticipates Massive Growth—Hoskinson Claims Bitcoin is Losing Momentum

July 30, 2025
Analyst Unveils Path for Bitcoin to Hit  Million

Analyst Unveils Path for Bitcoin to Hit $1 Million

July 28, 2025

Changpeng Zhao’s Giggle Academy and American Legion Introduce $2M Blockchain Scholarship for Military Families

July 25, 2025

Bitcoin Nears Structural Limit, Analyst Highlights Power Law Resistance

July 24, 2025

Pundit Explains Why XRP Surpasses Bitcoin as the Ultimate Choice

July 22, 2025

Whale Makes $21 Million Bet on Dogecoin Following $2.14 Million Win: What’s Happening?

July 20, 2025
Next Post
Extended: HSBC Live+ Continues 8% Cashback Rate Until March 31, 2025

Extended: HSBC Live+ Continues 8% Cashback Rate Until March 31, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Trump’s Bold and Impactful Cabinet Selections Are Just What America Needs – News-Herald

Trump’s Bold and Impactful Cabinet Selections Are Just What America Needs – News-Herald

November 22, 2024
The Guardian’s Perspective: Global Justice at a Turning Point – The Imperative of Accountability for War Crimes | Editorial

The Guardian’s Perspective: Global Justice at a Turning Point – The Imperative of Accountability for War Crimes | Editorial

November 22, 2024
How Are U.S. Tariffs Impacting Your Business? Share Your Experience with Us.

How Are U.S. Tariffs Impacting Your Business? Share Your Experience with Us.

May 7, 2025
8 Updates to CPF in 2025

8 Updates to CPF in 2025

December 15, 2024
Trump’s Bold and Impactful Cabinet Selections Are Just What America Needs – News-Herald

Trump’s Bold and Impactful Cabinet Selections Are Just What America Needs – News-Herald

0
Don’t Let Political Turmoil Distract from the Climate Crisis

Don’t Let Political Turmoil Distract from the Climate Crisis

0
Democrats Challenge Trump Policies with Resistance Tactics

Democrats Challenge Trump Policies with Resistance Tactics

0
The Guardian’s Perspective: Global Justice at a Turning Point – The Imperative of Accountability for War Crimes | Editorial

The Guardian’s Perspective: Global Justice at a Turning Point – The Imperative of Accountability for War Crimes | Editorial

0
Earnings Call Transcript for Q2 2025: Artisan Partners Asset Management Inc. (APAM)

Earnings Call Transcript for Q2 2025: Artisan Partners Asset Management Inc. (APAM)

July 30, 2025
Cardano Anticipates Massive Growth—Hoskinson Claims Bitcoin is Losing Momentum

Cardano Anticipates Massive Growth—Hoskinson Claims Bitcoin is Losing Momentum

July 30, 2025
Tesla’s Battery Shift Triggers ETF Rotation: A Boost for America, A Setback for China?

Tesla’s Battery Shift Triggers ETF Rotation: A Boost for America, A Setback for China?

July 30, 2025
Small Business Bookkeeping Costs: What to Anticipate in 2025

Small Business Bookkeeping Costs: What to Anticipate in 2025

July 30, 2025
Bullnews - Your Daily Source for Financial Insights, Stock Market Trends & Investment News

Bullnews - Your Daily Source for Financial Insights, Stock Market Trends, Investment News, Cryptocurrancy News and More!

Categories

  • Alternative Investing
  • Crypto
  • ETFs
  • FX
  • Investing
  • Opinion
  • Personal Finance
  • Retirement
  • US News
  • World News

Site Map

  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us

Recent News

  • Earnings Call Transcript for Q2 2025: Artisan Partners Asset Management Inc. (APAM)
  • Cardano Anticipates Massive Growth—Hoskinson Claims Bitcoin is Losing Momentum
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2025 Bull News - All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • USA
  • World
  • Investing
  • Alternative Investing
  • Personal Finance
  • Opinion
  • Retirement
  • ETFs
  • FX
  • Crypto

Copyright © 2025 Bull News - All Rights Reserved.