Can Bitcoin Solve the US Debt Crisis? VanEck’s Tool Provides Insights | Airdrop Alert Pro

The tool, Vaneck websiteallowing users to calculate whether BTC can help resolve the U.S. debt crisis.

The two main components of this tool are the U.S. National Debt Value Calculator and the Bitcoin Treasury Reserve Value Calculator.

Currently, U.S. debt is $36 trillion. The U.S. National Debt Value Calculator shows that if debt grows at a CAGR of 5%, it will reach $116 trillion by 2049.

As of now, the price of Bitcoin is $98,269. The U.S. fiscal reserve value calculator shows that if BTC price surges By 2049, the value of BTC reserves of 1 million will reach about $21 trillion, which is 18% of U.S. debt in 2049.

The overall calculation shows that if The United States has established a strategic BTC reserve By 2049, it will be able to offset 18% of its total national debt, as directed by the Bitcoin Act.

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Bitcoin Act and its Proposals: What You Should Know

this Bitcoin Behavior Submitted to the U.S. Senate by the Senate Cynthia Lummis Cynthia Lummis Cynthia Lummis is a senator from Wyoming, USA. Her net worth ranges from $20 million to $75 million. At the advice of the son-in-law, she bought Bitcoin and became the first senator in the United States to own cryptocurrency. She owns Bitcoin worth no less than $230,000. She passed the office on January 3, 2021, and the term ended on January 3, 2027. She has been focusing on advocating the future of Wyoming. She has fought for her entire career for her family, community, business and values ​​in Wyoming. From the lobby of a Wyoming house to the lobby of a U.S. house. Born on September 10, 1954, Lummis graduated from the University of Wyoming with a bachelor’s degree in animal science and biology. She also received a jurist physician from the University of Wyoming Law School. Her career experience includes serving as general counsel to Jim Geringer, former Governor of the Wyoming House of Representatives, as a treasure of Wyoming, and the U.S. House of Representatives in Wyoming’s general congressional district. In 1990, she also served as Mary Mead’s governoral campaign and Ray Hunkins’ governoral campaign, and in 2006, Bob Dole Wyoming’s Presidential Steering Committee serves. Through a firm crypto stance, she developed a guide to the reception and equity of computer resources in the United States. She volunteered to organize a huge foundation for herself as a major Bitcoin financial backer. She declares that she continues to encourage the cryptocurrency industry in the United States and the world to grow globally in 2022. Her desire for transparency in crypto-forms and stable coins will remain huge in U.S. regulation. She has been looking for a store of value, she thinks Bitcoin is a great store of value and knows that scarcity will protect its value in the future, which is more printed with the dollar every day. investor The bill recommends the establishment of strategic Bitcoin reserves as an additional store of value supporting the U.S. balance sheet and ensures transparent management of federal government bitcoin holdings.

Lummis said in the proposal: “Bitcoin has changed not only our country, but the world is changing and becoming the first developed country to use Bitcoin as a savings technology, ensuring that we are financial innovations. The position of global leader.