CryptoQuant founder: It's entirely possible to repay U.S. debt with BTC, the only risk is old whales selling off
On December 21, Ki Young Ju, the founder and CEO of CryptoQuant, posted on platform X stating that if a consensus is reached on the status of Bitcoin, it is entirely possible to use Bitcoin to repay U.S. debt. The only risk is that old whales might sell off their Bitcoins to attack the U.S., however, if the U.S. government continues accumulating Bitcoin until 2050 and its price keeps rising, it's doubtful whether these old whales would really sell them off.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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