VanEck’s Matthew Sigel has suggested “BitBonds” — 10-year US Treasury bonds made of 90% regular debt and 10% $BTC Bitcoin — to help refinance $14 trillion in government debt.

Even if Bitcoin drops to zero, the government could still save money compared to current interest rates. If Bitcoin rises, investors and the government could share extra profits. Returns would be capped at 4.5% per year, with any gains beyond that split 50/50.

The idea aims to attract investors worried about inflation and follows growing government interest in crypto.