Bitcoin as a Debt Solution? Riot Platform Executive Makes Bold Proposal
05.08.2024 9:00 1 min. read Alexander Stefanov
In a recent X post, Pierre Rochard, VP of Research at Riot Platform, proposed a plan for the U.S. to address its national debt using Bitcoin reserves.
He suggested that by purchasing Bitcoin and holding it for 20 years, the U.S. could eventually use these reserves to pay off its debt. This idea has generated considerable buzz in the crypto community.
Rochard outlined a three-step strategy: buy Bitcoin, hold it for two decades, and then use it to clear national debt. His proposal has ignited discussions, especially given the current economic concerns about a potential U.S. recession. He believes this approach could offer a solution to the country’s economic issues.
Some skeptics questioned the feasibility, pointing out the unknown future size of the national debt. Rochard responded with confidence, predicting that Bitcoin’s value will exceed the debt in the long run, underscoring his strong belief in Bitcoin’s potential.
Former President Donald Trump also recently suggested that Bitcoin and other cryptocurrencies could help mitigate the national debt. This statement has attracted significant interest from investors.
The U.S. Bitcoin Strategic Reserve bill has been moved to the Senate Banking Committee for further review, a development highlighted by Senator Cynthia Lummis as a significant milestone for the crypto sector.
-
1
Bitcoin and Ethereum ETFs See Over $1.2 Billion in Inflows as Institutions Accelerate Buying
04.10.2025 18:00 2 min. read -
2
Bitcoin: Here is Why the Price Is Down Today
08.10.2025 9:29 2 min. read -
3
Bitcoin Surges to $117K as US Government Shutdown Boosts Safe-Haven Demand
01.10.2025 19:00 3 min. read -
4
First Bitcoin Treasury Merger Raises Questions About How To Value DATs
28.09.2025 13:00 1 min. read -
5
Bitcoin Staking Arrives On Starknet
30.09.2025 11:23 2 min. read
Bitcoin Miners Raise Billions to Bet on AI and HPC Expansion
Public cryptocurrency mining companies are ramping up fundraising through convertible bonds, marking the largest wave of capital raising in the sector since 2021.
Billions Lost, Fear Rising: The Crypto Sell-Off Nobody Saw Coming
The mood across the crypto market turned bleak this week as investors rushed to exit positions, wiping out roughly $230 billion in value within a single day.
Crypto Panic Alert: Altcoins Hit Double-Digit Losses in 24 Hours
The cryptocurrency market is experiencing a significant downturn, with the total market capitalization dropping to $3.57 trillion, down 5.12% in the past 24 hours.
JPMorgan Exposes the Hidden Drivers of the Historic Crypto Selloff
JPMorgan analysts say the sharp crypto downturn last week, marked by massive liquidations, was mainly fueled by crypto-native investors rather than traditional retail or institutional ETF holders.
-
1
Bitcoin and Ethereum ETFs See Over $1.2 Billion in Inflows as Institutions Accelerate Buying
04.10.2025 18:00 2 min. read -
2
Bitcoin: Here is Why the Price Is Down Today
08.10.2025 9:29 2 min. read -
3
Bitcoin Surges to $117K as US Government Shutdown Boosts Safe-Haven Demand
01.10.2025 19:00 3 min. read -
4
First Bitcoin Treasury Merger Raises Questions About How To Value DATs
28.09.2025 13:00 1 min. read -
5
Bitcoin Staking Arrives On Starknet
30.09.2025 11:23 2 min. read
Bitcoin has reached $116,000, a move that closed the CME gap from three weeks ago and reignited discussion about its next targets.
Bitcoin (BTC) is currently grappling with the challenge of breaking through and maintaining a level above $60,000.
Bitcoin’s recent price movement has kept traders on edge, hovering between $81,000 and $86,000 without a clear direction.
Bitcoin’s recent surge to $109,000 has been overshadowed by renewed conflict in the Middle East, with heightened tensions between Israel and Iran putting pressure on the market.
Thursday's crypto market witnessed a significant shake-up, with $100 million in liquidations recorded in just one day, primarily impacting long positions.
Bitcoin could be heading for a notable dip if it fails to stay above a key price zone, according to market watcher DonAlt.
The Federal Trade Commission (FTC) has revealed a dramatic increase in scams involving Bitcoin ATMs, with reported cases rising tenfold since 2020.
Bitcoin ATMs are spreading rapidly across the U.S., but their growing prevalence is raising serious concerns about cybersecurity.
Bitcoin (BTC) saw a significant price surge of over 5% on Wednesday, bouncing back from a critical support range between $94,300 and $96,600 earlier this week.
Despite common fears that global crises spell disaster for crypto markets, new data from Binance Research suggests the opposite may be true — at least for Bitcoin.
Veteran trader Peter Brandt has reignited discussion around Bitcoin’s long-term parabolic trajectory by sharing an updated version of what he now calls the “Bitcoin Banana.”
A renowned crypto analyst is forecasting a decline in Bitcoin's price in the near future.
A prominent crypto analyst is revising his prediction on when Bitcoin (BTC) might shift to a bullish trend.
A well-known crypto analyst suggests that Bitcoin bears may soon lose their grip as the leading digital asset continues to demonstrate resilience.
Bitcoin and other cryptocurrencies experienced significant declines after Federal Reserve Chairman Jerome Powell made hawkish remarks, signaling a continued tight monetary policy.
Robert Mitchnick, who leads BlackRock’s digital assets division, recently reiterated the firm’s stance on Bitcoin allocation during the Bitcoin 2025 conference in Las Vegas.
A crypto analyst recognized for calling the peak of the 2021 bull run is preparing to load up on Bitcoin if it slips beneath the $100,000 threshold, signaling confidence in the digital asset’s long-term trajectory.
Bitcoin has officially broken through the $121,000 level, rising 2.84% in the past 24 hours to hit $121,400, according to CoinMarketCap data.
Bitcoin has officially broken through the $121,000 level, rising 2.84% in the past 24 hours to hit $121,400, according to CoinMarketCap data.
Bitcoin has bounced back after a sudden drop on Sunday that left traders reeling, hitting its lowest point in almost six months.