r/CryptoCurrency Make Wine, Take Profits Jan 28 '25

GENERAL-NEWS Latest Proposal• US Gov to Buy 200,000 BTC annually for 5 years • Hold for at least 20 years • Goal: Halve the U.S. national debt in 20 years

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4.5k Upvotes

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1.4k

u/[deleted] Jan 28 '25

20 billion a year for 5 years? Debt of 36 tn. So ... half of that is 18 trillion, and with 1 million coins that values BTC at 18 million per coin in 2045.

1.0k

u/workinkindofhard 🟦 1K / 1K 🐢 Jan 28 '25

How much does a loaf of bread cost when bitcoin is $18million each?

842

u/Evilmoustachetwirler 🟦 15 / 15 🦐 Jan 28 '25

$17million

335

u/contact 🟦 6 / 7 🦐 Jan 28 '25

I think he meant a whole loaf, not just half.

223

u/SourdoughPizzaToast 🟩 0 / 0 🦠 Jan 28 '25

Is $bread halving in 2045? This is bullish.

38

u/DryGeneral990 🟦 0 / 0 🦠 Jan 28 '25

Just like eggs in 2025.

9

u/jl2l 🟦 0 / 0 🦠 Jan 29 '25

17.99

2

u/here_for_tendies 🟩 0 / 0 🦠 Jan 29 '25

Just out of curiosity, what does a pack of 10 eggs cost in US?

8

u/zomrhino 🟩 0 / 0 🦠 Jan 29 '25

Our chickens lay eggs by the dozen here

6

u/here_for_tendies 🟩 0 / 0 🦠 Jan 29 '25

Oh I see, think those are MAGA chickens, heard they have a dozen assholes.

2

u/[deleted] Jan 30 '25

🤣🤣🤣🤣🤙

1

u/zesushv 🟩 0 / 926 🦠 Jan 30 '25

1 btc per $holes

2

u/[deleted] Jan 29 '25

Right now for me, like $7

4

u/here_for_tendies 🟩 0 / 0 🦠 Jan 29 '25

That’s insane, thank you. 2,69€ in Germany

3

u/[deleted] Jan 29 '25

Some sort of avian flu nonsense

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1

u/juggalo-jordy 🟩 0 / 0 🦠 Jan 29 '25

I paid 10 for 18.. sigh

1

u/TezosCEO 🟦 0 / 0 🦠 Jan 29 '25

Depends. I can find $4 eggs in the Austin MSA in good quantity. Haven't checked Costco for their 5-dozen price.

1

u/Responsible_Skill957 🟩 0 / 0 🦠 Jan 29 '25

18 specialty eggs at Costco recently $6.99

1

u/blackcatpandora 🟦 0 / 0 🦠 Jan 29 '25

10….eggs?

1

u/here_for_tendies 🟩 0 / 0 🦠 Jan 29 '25

Seems like you can read.

1

u/blackcatpandora 🟦 0 / 0 🦠 Jan 29 '25

We don’t have packs of ten eggs in the US

1

u/[deleted] Jan 29 '25

It'd be funny if eggs were the only things that never got expensive ever again.

1

u/TenshiS 🟦 229 / 230 🦀 Jan 29 '25

That was the doublin'

1

u/mutalisken 🟩 4K / 4K 🐢 Jan 29 '25

Inbread eggs.

8

u/goobly_goo 🟦 0 / 0 🦠 Jan 29 '25

Did I just witness start of a memecoin in the wild?! Let's get that $bread baking!!

9

u/Delicious-Ask-463 🟩 0 / 0 🦠 Jan 28 '25

Comment of the year, well done

1

u/TurgidFern 🟩 0 / 0 🦠 Jan 29 '25

This one actually made me chuckle to myself, nice

1

u/shadowpawn 🟩 169 / 170 🦀 Jan 29 '25

free $BARRON coins for you!

1

u/capdee 🟦 0 / 0 🦠 Jan 29 '25

Haha $egg

3

u/ClanGangrel47 🟩 0 / 0 🦠 Jan 29 '25

Whoa, you guys get a WHOLE LOAF? damn rich people

1

u/Johnny_ac3s 🟦 0 / 617 🦠 Jan 29 '25

That’s the price of toast…sans avocado.

1

u/Rinzlerx 0 / 0 🦠 Jan 29 '25

We freeze our bread round these parts.

1

u/millymelly 🟩 0 / 0 🦠 Jan 31 '25

this is so funny im rolling around instead of dying

24

u/laggyx400 🟩 0 / 0 🦠 Jan 28 '25

Where do I invest in loaf?

21

u/yerguyses 🟦 0 / 0 🦠 Jan 28 '25

LOAFcoin

41

u/laggyx400 🟩 0 / 0 🦠 Jan 28 '25

Can I still get in at the ground flour?

5

u/LessMarsupial7441 🟩 0 / 0 🦠 Jan 29 '25

Underrated Comment

1

u/todumbtorealize 🟩 0 / 0 🦠 Jan 28 '25

Already priced in

4

u/laggyx400 🟩 0 / 0 🦠 Jan 28 '25

Crepe, I'll just have to dough what I can.

1

u/Every_Hunt_160 🟩 10K / 98K 🐬 Jan 29 '25

Be careful of that shit in the loaf !

7

u/bars2021 🟩 0 / 0 🦠 Jan 28 '25

MANA coin lol

7

u/partymsl 🟩 76K / 143K 🦈 Jan 28 '25

And it will be with free mold.

1

u/Obsidianram 🟩 0 / 4K 🦠 Jan 29 '25

Bleu fromage du jour, oui oui!!!

2

u/BasedGodBets 🟩 0 / 0 🦠 Jan 29 '25

😂

2

u/hail_deadpool 🟦 0 / 0 🦠 Jan 29 '25

Yay! a million to spare for the eggs

5

u/Da_Notorious_HAM 🟨 10K / 20K 🐬 Jan 28 '25

At least… 3 times the price of that!

1

u/MalyChuj 🟧 0 / 0 🦠 Jan 29 '25

We can only hope

1

u/moonkingdome 🟩 8K / 8K 🦭 Jan 29 '25

Negative nelly. Thats for a slice with butter or a slice of tomato (yes the choice is yours;)

1

u/WillfulKind 🟩 3 / 3 🦠 Jan 29 '25

Spit take. F-ing chef’s kiss retort.

-2

u/lordmairtis 🟦 0 / 0 🦠 Jan 28 '25

based

56

u/TryAgn747 🟦 969 / 970 🦑 Jan 28 '25

10 bitcoin = 1 pizza. History repeats itself

9

u/jtmustang 🟩 175 / 176 🦀 Jan 28 '25

That would make Bitcoin the ultimate store of value

3

u/Every_Hunt_160 🟩 10K / 98K 🐬 Jan 29 '25

1 pizza = 1 trillion USD in the future

16

u/553l8008 🟨 0 / 0 🦠 Jan 28 '25

Selling eggs for 500k a pop

11

u/rando08110 🟩 27 / 27 🦐 Jan 28 '25

Quick math says $1260

38

u/Interesting-Pin1433 🟩 0 / 0 🦠 Jan 28 '25

Bread won't exist at that point, we'll be eating soylent green

1

u/SadSignificance608 🟩 0 / 0 🦠 Jan 29 '25

I'd prefer soylent cola

7

u/dou8le8u88le 🟦 2K / 2K 🐢 Jan 28 '25

That’s what people were saying 10 years ago when btc was pennies. But it doesn’t work like that.

2

u/AriSteele87 🟩 0 / 0 🦠 Jan 28 '25

Realistically like 10 bucks

2

u/JeffersonsHat 🟩 7K / 7K 🦭 Jan 28 '25

Domestic commodities like bread are not directly tied to the government debt levels.

1

u/Meme_Stock_Degen 🟩 0 / 0 🦠 Jan 28 '25

That’s when we return to a shell standard lol

1

u/Weeboyzz10 🟩 0 / 0 🦠 Jan 28 '25

1 mili

1

u/Jaded-String-6111 🟨 0 / 0 🦠 Jan 28 '25

How many yen will it cost? Probably not exorbitant. So just convert to a currency that ISNT deflated and use that. By the time we have hyperinflation , other currencies will be accepted. Or move. Dollar hyperinflation is a usa problem.

1

u/RipCityGeneral 🟩 0 / 0 🦠 Jan 28 '25

You think you’ll get food at that point?! No sir, eating rocks for you it is

1

u/geneticeffects 🟦 0 / 0 🦠 Jan 28 '25

One large pizza.

1

u/PulIthEld 🟩 0 / 0 🦠 Jan 28 '25

Better question, how much bread can you buy on your current salary and savings account when it costs $17 million for a loaf? You're going to want that $100k bitcoin pretty bad.

1

u/Constant_Cap8389 🟩 0 / 0 🦠 Jan 28 '25

Yeah...like there will still be loaves of bread in 2045

1

u/WonderfulShelter 🟦 91 / 92 🦐 Jan 29 '25

With current values, about 90$ dollars.

1

u/dreampsi 🟩 8K / 8K 🦭 Jan 29 '25

Eggs are $420.69/dz. I’ll let you work out the comparative value.

1

u/Big-Finding2976 🟩 2K / 2K 🐢 Jan 29 '25

You don't have to buy a whole loaf. You can just buy a crumb each week until you have a whole slice.

1

u/DJElonMusk 🟥 0 / 0 🦠 Jan 29 '25

1 sat.

It's a K shaped economy now.

1

u/Boring-Bus-3743 🟦 0 / 0 🦠 Jan 29 '25

$250

1

u/turboMXDX 🟦 0 / 0 🦠 Jan 29 '25

What about $Cacao ?

1

u/doodaddy64 🟩 0 / 0 🦠 Jan 29 '25

don't forget to factor in shrinkflation. A loaf of bread will be the size of a post-it note.

1

u/BHN1618 🟦 113 / 114 🦀 Jan 29 '25

Same ratio as today. You can increase bread production

1

u/LysanderSpoonerDrip 🟩 0 / 0 🦠 Jan 29 '25

0.000003 btc or $1200 usd.

Don't @ me. Im Canadian, we'll be paying $5800 cad

1

u/MakeItMine2024 🟩 0 / 0 🦠 Jan 29 '25

962.00

1

u/AvailableRead 🟩 0 / 0 🦠 Jan 30 '25

Bull $Loaf?

102

u/Zettabite 🟦 0 / 0 🦠 Jan 28 '25

You're forgetting the deficit. current 1.83T/year and it will likely keep going up y/y. So by 2045 36 million per coin...

268

u/Meme_Stock_Degen 🟩 0 / 0 🦠 Jan 28 '25

US gov has the same get rich plan as crypto bros lol

25

u/Zettabite 🟦 0 / 0 🦠 Jan 28 '25

Except they can print more money and make up new tarrifs to fund their stacking efforts. Then they tell the world they are doing it with a SBR and game theory kicks in and inflates their wealth. Which they can then use Saylors method to borrow against it to buy more.

The question I cant quite figure out, if the US inflates their dollar but backs it with BTC, would that cause every other currency to also inflate against the dollar?

37

u/Meme_Stock_Degen 🟩 0 / 0 🦠 Jan 28 '25

Are other historical empires stupid? Why didn’t they just print more money?

23

u/Weary-Bookkeeper-375 0 / 0 🦠 Jan 28 '25

It was the debasing of money that collapsed about every other empire. The Romans didn't print their collapse but rather added copper or tin to their silver or gold coins

5

u/shadowsreturn 🟩 0 / 0 🦠 Jan 29 '25

Ok at the moment not feeling very positive about the fact that the orange eurocoins are filled up with iron

-9

u/Obsidianram 🟩 0 / 4K 🦠 Jan 29 '25

The Romans fell into drunkenness, debauchery and allowing illegal aliens in freely which led to their demise...wait, that sounds familiar...

1

u/Toaster_Douglas 🟧 0 / 0 🦠 Jan 29 '25

And now they run the White House

2

u/Obsidianram 🟩 0 / 4K 🦠 Jan 29 '25

No. They were just kicked out of the White House. In fact, refer to the brooch that Pelosi loves to wear, which is a Roman Mace of the Republic brooch...

-1

u/TheHungoverBand 🟩 0 / 0 🦠 Jan 29 '25

Ah! So it WAS a Roman salute... thanks for clearing that up. Hahahaha

-1

u/Toaster_Douglas 🟧 0 / 0 🦠 Jan 29 '25

What does China and Russia running the White House have to do with the a Roman Salute?

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10

u/Zettabite 🟦 0 / 0 🦠 Jan 28 '25

Pretty sure they did, and it didnt end well. BTC being capped at 21m might change the outcome.. maybe not.

1

u/e_jey 🟩 0 / 0 🦠 Jan 28 '25

Zimbabwe thought it was a genius plan

7

u/moop44 🟦 0 / 0 🦠 Jan 28 '25

Last Trump term pushed de-dollarization on a lot of countries that were on the fence.

This term will push it further. The US Government is taking steps to step down from being the standard reserve currency.

1

u/Spare-Abrocoma-4487 🟩 0 / 0 🦠 Jan 29 '25

No all the other countries will print more to keep the exchange rate low to stay export competitive.

1

u/TomorrowLow5092 🟩 0 / 0 🦠 Feb 01 '25

shhhhh

2

u/Crewmember169 🟩 0 / 0 🦠 Jan 29 '25

You apparently haven't been paying attention... as of January 20th the crypto bros ARE the government.

1

u/Meme_Stock_Degen 🟩 0 / 0 🦠 Jan 29 '25

Honestly I’ll take it over the emperor bonds. Where is our 80/20 VOO/VXUS hero 😭 next election….

1

u/BlazeDemBeatz 🟦 0 / 21K 🦠 Jan 28 '25

Lol

1

u/No-Consideration-716 🟩 0 / 0 🦠 Jan 28 '25

That's because the crypto bros are running the country now.

0

u/Klumber 🟦 0 / 0 🦠 Jan 28 '25

Hmmmmm.... I wonder which unofficial member of the round table thought of that? Could be someone with a history of... I don't know? Inflating DOGE coins?

0

u/PuzzleheadedWeb9876 🟩 261 / 262 🦞 Jan 29 '25

Just when you think the current administration couldn’t get any dumber.

2

u/marxmedic 🟨 0 / 0 🦠 Jan 29 '25

the deficit is fake.

1

u/Cptn_BenjaminWillard 🟩 4K / 4K 🐢 Jan 28 '25

They'll cover that with BTC's new and improved upcoming staking rewards. Because Donald said that the BTC Foundation needs to improve BTC.

1

u/therealbman 🟩 18 / 19 🦐 Jan 29 '25

That’s a fucking McGuffin. Buying bitcoin and the national debt have nothing to do with each other. We could pay off the debt fine if not for Republicans who refuse to pay it off so they can have a campaign issue to wail about.

64

u/2peg2city 🟩 129 / 252 🦀 Jan 28 '25

And where TF do they expect to find market liquidity to sell 18t of BTC lmao

24

u/Cooper420yo 🟩 101 / 381 🦀 Jan 29 '25

18T won’t be that much once’s the actual inflation numbers catch up. $100k for some bread and milk

5

u/EpicNine23 🟩 0 / 0 🦠 Jan 29 '25

Just start paying social security in bitcoin

3

u/drhiggs 🟦 0 / 0 🦠 Jan 29 '25

I imagine the debt payoff plan would take many decades.

2

u/Poboxjosh 🟦 0 / 0 🦠 Jan 29 '25

Minor detail

3

u/[deleted] Jan 29 '25

More likely the wallet gets drained by one of them. No need to pay for shit when you can just walk off with 18t in your pocket.

0

u/shadowpawn 🟩 169 / 170 🦀 Jan 29 '25

Elon could buy it after all the $$$ he makes running D.O.G.E.

79

u/jsands7 🟩 0 / 0 🦠 Jan 28 '25

and then… to actually halve the U.S. debt… they have to sell all the bitcoin to pay off the dollars they owe.

So… what would selling $18,000,000,000,000 of bitcoin at once do to the price of bitcoin?

11

u/digitalmacgyver 🟦 4 / 4 🦠 Jan 29 '25

Nah...stake it and use the 6% interest they draw to pay for medicare...lol

32

u/AcidUrine 🟦 0 / 0 🦠 Jan 28 '25

They don't have to sell the BTC. Balance is assets - liabilities. You don't need to switch assets from BTC to USD.

39

u/MR_Weiner 🟦 0 / 0 🦠 Jan 28 '25

Eh, not exactly. If I have $6k debt and $10k cash then sure I have a $4k surplus on net, but I still owe the $4k. I could pay the debt off, but I haven’t. The creditor will still want their money.

23

u/AvengerDr 🟦 0 / 795 🦠 Jan 28 '25

The US government could deposit those bitcoins on some new crypto startup that offers "yield" and use that to pay off the debt. What could go wrong?

5

u/Hadleyagain 🟩 0 / 0 🦠 Jan 29 '25

Ahh yes, a good old ponzi.

1

u/Yodel_And_Hodl_Mode 🟩 1K / 1K 🐢 Jan 29 '25

You jest, but I'm not convinced the Trump family won't end up getting the keys to the US Bitcoin Strategic Reserve.

And if anyone is thinking "The US govt would never let that happen..."

Trump administration offering buyouts to nearly all federal workers

The sweeping buyouts are being offered to “make sure that all federal workers are on board with the new administration’s plan to have federal employees in office and adhering to higher standards,” a senior administration official told NBC on condition of anonymity.

In reality, the sweeping buyouts are intended to push out anyone who won't do as the king demands.

I already assume that when the dollar crashes, my Bitcoin will be my life raft.

This is why I hodl.

7

u/deij 🟦 1 / 48 🦠 Jan 28 '25

If you have $6k debt and $10k cash you don't repay the debt, you take out another loan so you have $10k debt.

2

u/Marcob89 🟩 0 / 0 🦠 Jan 28 '25

Not really, you can ask more debt and you gi to the moon 🚀

9

u/CtheKiller 🟦 658 / 659 🦑 Jan 28 '25

This exactly. Assets aren't accumulated to be sold. 90% of commenters here seem to be anti-bitcoin, what are y'all even doing in this sub?!

23

u/HSuke 🟩 0 / 0 🦠 Jan 28 '25

Being more rational than the Bitcoin maxis apparently.

Bitcoin is a $2T network being protected by $20B of mining equipment. What what happens when it's much more valuable? How much is it going ro cost to secure the network? 10% of global energy? 40%?

Its security ratio of 1% is already laughably insecure. Imagine later on being able to wipe out $500T worth of value using only $50B. Easy nation-level attack

6

u/Kavinsky303 🟩 0 / 0 🦠 Jan 29 '25

It’s not just about throwing $50B at some mining rigs. You also need insane energy, infrastructure, and supply chains. Good luck hiding that.

Miners have huge skin in the game and won’t just roll over. As Bitcoin’s price grows, difficulty ramps up and security gets stronger.

And all that ‘Bitcoin’s gonna use half the planet’s power’ talk is overblown. Basically, a 51% attack is way harder and more expensive than people think. It’s not just a simple ratio of network value to hardware cost.

7

u/HSuke 🟩 0 / 0 🦠 Jan 29 '25

Strongly disagree. China can single handedly do it in 5-10 years. They have more chip fabs than the rest of the world.

Energy cost for a 2 day attack is under $10M. Energy cost to protect for 10 years is 7000x the cost to attack.

And attacks are intrinsically profitable due to selfish mining efficiency.

2

u/HSuke 🟩 0 / 0 🦠 Jan 29 '25

Bitcoin miners are selfish. They're not going to defend if they keep losing money day after day. It's so much easier to attack PoW than to defend it

-1

u/Erowid2S 🟦 0 / 0 🦠 Jan 28 '25

Thank you

2

u/TurielD 🟦 0 / 0 🦠 Jan 28 '25

No, the debt is in Dollars.

If we were talking the national balance sheet, there would be no debt to begin with - the US own vastly more actual stuff than the National Debt.

5

u/dou8le8u88le 🟦 2K / 2K 🐢 Jan 28 '25

That’s not how it works

1

u/Character_Top1019 🟦 0 / 0 🦠 Jan 28 '25

Especially when people know when they are selling and bail before they can.

0

u/kdoughboy12 🟦 1K / 1K 🐢 Jan 28 '25

It would do absolutely nothing to the price because it would be sold OTC at or close to whatever the current market value is. Or the actual Bitcoin would be used to pay off the debt (instead of sending a trillion USD to whoever we owe money to, we give them a trillion worth of BTC).

1

u/jsands7 🟩 0 / 0 🦠 Jan 29 '25

That is not how markets work and that is not how the laws of supply and demand work:

“The law of supply and demand states that in a market, the price of a good or service will adjust based on the relationship between how much of it is available (supply) and how much people want to buy it (demand); when demand is high and supply is low, prices tend to rise, while when supply is high and demand is low, prices fall.@

1

u/kdoughboy12 🟦 1K / 1K 🐢 Jan 29 '25

Actually it's exactly how the markets work when it comes to huge buys and sells. They are done OTC (over the counter) and do not have any immediate impact on the price that is being traded on exchanges. If you want to buy $100 million worth of Bitcoin you do not go to the order book on an exchange, you go to an OTC platform and buy it in either one or multiple large sums close to market price. It is changing hands but it is not filling any sell orders on the exchange or immediately impacting the price or supply in any way.

1

u/jsands7 🟩 0 / 0 🦠 Jan 29 '25

To sell the amount of bitcoin being proposed to pay down the government debt, they would have to go to the retail lit market and start filling as many orders as possible over and over and over

No one person/entity is going to want to or be able to buy trillions of dollars of bitcoin at once

1

u/kdoughboy12 🟦 1K / 1K 🐢 Jan 29 '25

I highly doubt the government would be allowed to dump any asset on the retail markets like that. There's no way the sec would let that happen. Also there is no way that the government would sell all of its Bitcoin at once if it had trillions worth. It would likely hold most of it indefinitely and sell some of it slowly over time.

1

u/jsands7 🟩 0 / 0 🦠 Jan 29 '25

If it is going to hold it indefinitely… then what is the point? How does that help our debt

7

u/UseMoreHops 🟩 687 / 687 🦑 Jan 28 '25

Does that assume the debt doesnt grow any?

2

u/Feisty_Sherbert_3023 🟧 0 / 0 🦠 Jan 29 '25

Exactly. It's as dumb as it sounds. Print money to cause inflation so btc goes up. Lolololol

These will never pass. These people are stupid. It's like watching kids play monopoly.

It's all a scam.

5

u/Sparklefanny_Deluxe 🟦 13 / 14 🦐 Jan 28 '25

If anyone wants to buy bitcoin at $18,000,000

2

u/CourseDazzling9537 🟦 0 / 0 🦠 Jan 28 '25

That sounds about right

3

u/deadleg22 🟦 0 / 1K 🦠 Jan 28 '25

For $18m...ok I'll part with 1! No more!

1

u/xmrcache 🟩 0 / 0 🦠 Jan 28 '25

But what about eggs?…

1

u/CipherScarlatti 🟩 0 / 4K 🦠 Jan 28 '25

We could use a dozen eggs to pay off the debt.

1

u/xmrcache 🟩 0 / 0 🦠 Jan 28 '25

In another month it will be half a dozen eggs

1

u/paxwax2018 🟦 123 / 123 🦀 Jan 28 '25

And sell it to who?

1

u/Snahhhgurrrr 🟩 0 / 0 🦠 Jan 28 '25

ez

1

u/SunDreamShineDay 🟩 0 / 0 🦠 Jan 28 '25

Ok, but that math is in a world where btc is the only strategic reserve and the only crypto in that reserve, the lady said “btc as ONE of our strategic reserves”, we have others, there would of course still be other strategic reserves, other crypto, gold, oil etc. If you divide the total value of strategic reserves by the debt, then you would track a whole lot closer to a potential btc value.

1

u/AlphaNoodlz 🟩 0 / 0 🦠 Jan 28 '25

Was gonna say this is how you rugpull everyone’s taxes ffs its blatant outright corruption

1

u/capt_meowface 🟦 0 / 0 🦠 Jan 28 '25

How much could one Bitcoin cost, Michael, eighteen million dollars?

1

u/QuickAltTab 🟦 2K / 2K 🐢 Jan 28 '25

Because that is not at all the goal, that's just window dressing because they think everyone but themselves are idiots. This is self dealing, all they want is to enrich themselves.

1

u/LordDaedalus 🟦 0 / 0 🦠 Jan 28 '25

And the current Market Cap of Bitcoin is $2 Trillion dollars already. At $18 million per Bitcoin it would need a market cap of $360 Trillion, over three and a half times larger than the GDP of the entire world.

1

u/[deleted] Jan 28 '25

We need a word bigger than hyper-inflation.

1

u/PuddingResponsible33 🟩 365 / 365 🦞 Jan 28 '25

So they are even betting on the dollar to devalue with the price of Bitcoin costing more for less rewards per halving.

How crazy. The government saying the ships broken. And will not fix the dollar.

1

u/Embarrassed_Peanut97 🟩 0 / 0 🦠 Jan 28 '25

Considering that debt will not increase lol

1

u/diadlep 🟦 0 / 0 🦠 Jan 28 '25

That's not impossible. My current estimate says that the first time btc could cross 10 million is 2038.

1

u/Marlette3206 🟩 0 / 0 🦠 Jan 28 '25

Don’t you use all that fancy devil math. Just have faith, it will be fine!

1

u/NewCobbler6933 🟩 0 / 0 🦠 Jan 29 '25

But healthcare is too expensive.

1

u/pat_the_catdad 🟩 0 / 0 🦠 Jan 29 '25

Bitcoin: $18,000,000

Dozen Eggs: $1,800

1

u/[deleted] Jan 29 '25

That is probably about right with the halving.

1

u/FourScores1 🟦 0 / 0 🦠 Jan 29 '25

If only the current administration could math like you.

1

u/GameTime2325 🟦 331 / 332 🦞 Jan 29 '25

Now do the math with our projected debt in 20years….

1

u/still_salty_22 🟩 0 / 0 🦠 Jan 29 '25

Ok, deal

1

u/[deleted] Jan 29 '25

Yeah, but who needs math right?

1

u/RedditKon 🟦 0 / 0 🦠 Jan 29 '25

That would imply BTC has a market cap of $360 Trillion in 2045…. for context, the entire global M2 money supply is currently $100 Trillion.

1

u/WrongStop2322 🟩 0 / 0 🦠 Jan 29 '25

Power law says around $11.6 million per coin this time in 2045 and around $13.4 million per coin on 29th December 2045.

1

u/Boring-Bus-3743 🟦 0 / 0 🦠 Jan 29 '25

That's just about inclined with what Daddy Saylor is saying

1

u/Happy-For-No-Reason 🟩 0 / 0 🦠 Jan 29 '25

18 million AFTER everyone dumps because they know the government boutta dump

1

u/ProfessionalDismal97 🟩 0 / 0 🦠 Jan 29 '25

Considering the debt stays as it is in the next 20 years...

1

u/BigLittlePenguin_ 🟨 0 / 0 🦠 Jan 29 '25

Geniuses at the US Government are at it again.

1

u/FarResearch7596 🟩 0 / 0 🦠 Jan 29 '25

Wouldn’t the debt raise in that time too.. let’s say 2 trillion a year? So that’s 36+40 trillion or 76 ish trillion in 2045. Minus 18 trillion for the coins, looking at about 58 trillion in debt? This math right?

1

u/[deleted] Jan 29 '25

Debt is only going to go up.

1

u/Acrobatic_Hat_4865 🟩 31 / 31 🦐 Jan 29 '25

Guess what will happen if they all pay off their debts at the same time...

2

u/[deleted] Jan 29 '25

BTC to zero, and we get to start again! You can't pay off 18 trillion to anyone with anything.

1

u/f-Z3R0x1x1x1 🟦 0 / 0 🦠 Jan 29 '25

how did you arrive at the cost of BTC?

1

u/[deleted] Jan 29 '25

They can pay off half the national debt. Half is 18 trillion. Buying BTC over 5 years will be 1 million coins.

18 trillion USD divided by 1 million coins is 18 million USD per coin.

BTC will never get there I'm sure, maybe if inflation makes a can of coke 2000 USD....

1

u/f-Z3R0x1x1x1 🟦 0 / 0 🦠 Jan 29 '25

yea, I don't think that is how it works for the price of bitcoin

1

u/diwalost 🟦 1K / 5K 🐢 Jan 29 '25

Congrats Billionaires

1

u/Alternative-Sun-4782 🟩 0 / 0 🦠 Jan 29 '25

I mean even if btc would reach that value, the debt would be halved only theoretically cuz if they would try selling to settle the debt then btc would just crash

1

u/Franklin_le_Tanklin 🟩 0 / 0 🦠 Jan 29 '25

What happens if the line goes down instead of up… as it’s known to do from time to time?

1

u/ecnecn 🟩 20 / 21 🦐 Jan 29 '25

So they sell in 20 years.... time to short bitcoin in 19 years and 11 months...

1

u/Mrnastyy22 🟩 0 / 0 🦠 Jan 29 '25

The rug pull will be glorious

1

u/Justhereforporn8 🟩 0 / 0 🦠 Jan 30 '25

And in 200 years the actual debt is 250 tn. or more

0

u/[deleted] Jan 28 '25

BTC to the moooon! (And beyond!)