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Donald Trump’s Unconventional Plan To Clear The US $35T Debt With Bitcoin

BitcoinWorld LogoBitcoinWorld13h ago

Donald Trump’s Unconventional Plan To Clear The US $35T Debt With Bitcoin - BitcoinWorld

Quick Summary:

Former President Donald Trump suggested using Bitcoin to clear the United States’ $35T national debt.  The U.S.

At $1,000,000 per Bitcoin, the United States would need only 35,000,000 Bitcoin.

While using Bitcoin to erase national debt is intriguing, the practicality of such an approach is dubious — and it relies on several economic and logistical challenges.


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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-03 @ 06:53:52 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 564 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21904529

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 15 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

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The story "Donald Trump’s Unconventional Plan To Clear The US $35T Debt With Bitcoin" was covered 13 hours ago by BitcoinWorld, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 15 news stories per day.

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  • News ID: #21904529
  • URL: https://beamstart.com/news/donald-trumps-unconventional-plan-to-1722671956915

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