Trump states that cryptocurrencies may alleviate $38 trillion in US debt; how high does Bitcoin need to rise to fully cover it?

Recently, President Trump made a shocking statement, claiming that cryptocurrencies could be used to mitigate the ever-expanding US debt. This viewpoint instantly sparked global discussions about the role of digital assets, especially Bitcoin (BTC), in solving America's debt crisis.

Currently, the US national debt exceeds $38 trillion. Such a massive debt figure has drawn particular attention to Trump's remarks within the community.

Trump has repeatedly stated in public, "Perhaps we will use cryptocurrencies (Bitcoin) to repay $35 trillion of US debt." Although this is only a directional idea and not a concrete policy, it indeed reflects some people's hope to use Bitcoin and other crypto assets to address the huge US debt problem.

However, for Bitcoin to serve as a tool to settle US debt, its price would need to reach astonishing heights. Based on the current circulating supply of approximately 19.93 million BTC, each Bitcoin would need to be priced close to $1.9 million to fully cover $38 trillion in US debt.

Using the US government’s actual holdings of 326,400 BTC as a basis, the BTC price would need to soar to about $116.5 million to fully cover the debt. This number is more than 1,000 times the current price of around $110,000, highlighting the enormous gap between reality and idealism.

If Bitcoin's price were to reach such a high level, a series of unimaginable consequences would follow. At that point, Bitcoin’s total market capitalization would reach approximately $230 trillion, even surpassing the current global GDP. Any attempt to sell BTC at such a price could cause its already fragile liquidity to collapse instantly, ultimately leading to a crash of this flagship cryptocurrency and market chaos.

Although a Bitcoin price of $116 million seems like a pipe dream at present, recent market activity shows clear accumulation of BTC, indicating that institutions may still believe this digital asset has significant growth potential.

Meanwhile, as institutions gradually become important participants in the marketplace, their movements often reflect certain market trends and expectations, making Bitcoin's future price trajectory even more uncertain.

#特朗普 #US Debt