Bitcoin as a Debt Solution? Riot Platform Executive Makes Bold Proposal

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.

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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.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.