Trump proposed to repay the US national debt with cryptocurrency — CD/Bernstein

Donald Trump, the US presidential candidate from the Republican Party, proposed to cover the US national debt of $35 trillion using cryptocurrency. According to Bernstein's forecasts, the BTC rate may reach $200,000 by the end of 2025, and in the short term, with Trump's victory, it may rise to $80,000-90,000.

Nov 7, 2024 - 10:20
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Trump proposed to repay the US national debt with cryptocurrency — CD/Bernstein
Photo taken from public sources

US presidential candidate Donald Trump has proposed an unusual way to repay the country's $35 trillion public debt using cryptocurrency. At a meeting with supporters, he jokingly stated: "I will write on a small piece of paper: "$35 trillion in cryptocurrency we have no debt."" According to the Bernstein analytical company, the bitcoin (BTC) exchange rate may rise to $200,000 by the end of 2025, regardless of the outcome of the elections. In the short term, with Trump's victory, BTC may rise to $80,000-90,000, whereas with Kamala Harris's victory, a decrease to $50,000 is predicted.

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