Bitcoin as a Reserve Asset? VanEck Sees $21T Potential!

Asset management company VanEck claiming that the creation of a Bitcoin reserve in the US could offset up to $21 trillion of US national debt by 2049. According to VanEck’s analysis, Bitcoin’s limited supply and growing institutional adoption position it to become a leading reserve asset that could provide an alternative to traditional assets like gold and fiat currencies. Such a scenario could reduce economic risks associated with high national debt and contribute to long-term financial stability. VanEck emphasizes that if the necessary market conditions materialize, Bitcoin could play a key role in mitigating the effects of growing debts and inflationary pressures. The company forecasts a price of $21 million per Bitcoin by 2049, based on an average annual growth rate of 25%.