The U.S. has proposed Bitcoin-backed bonds, termed BitBonds, to help refinance the $14 trillion federal debt by 2028, following President Trump's directive to classify Bitcoin as "digital gold." This initiative aims to integrate Bitcoin into national finance and redefine debt management.
BitBonds are designed to finance government debt while increasing Bitcoin reserves, offering an interest rate of 1%, significantly lower than the standard rate. This represents a revolutionary approach to U.S. financial policy.
Despite significant interest, some experts caution against the volatility of Bitcoin. Regulatory adaptations will be necessary to merge digital assets with traditional finance, highlighting the need for ongoing technological advancements and policy updates.
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