Donald Trump Once Said The US Could Pay Off Its $37 Trillion Debt Burden With Bitcoin—But Could It Really?
President Donald Trump’s past remarks about Bitcoin’s potential to “save America” deserve scrutiny: what it would actually take for the cryptocurrency to cover the $37 trillion U.S. national debt?
Bitcoin Would Need $1.8 Million To Match U.S. Debt
Trump has previously suggested the nation’s debt burden could be paid off with Bitcoin.
But according to calculations based on Treasury data and blockchain supply metrics, Bitcoin’s circulating supply of roughly 19.93 million coins would need to reach a combined value of $37 trillion to offset the U.S. debt load.
That implies an average price of nearly $1.86 million per BTC, based on the current supply figures compiled by MacroMicro and the Committee for a Responsible Federal Budget.
At today’s levels, Bitcoin trades near $112,000, giving it a market capitalization of about $2.23 trillion — a fraction of what would be needed.
Even …