In 2018, Bulgaria sold over 213,500 Bitcoin it had seized in 2017. This move has reignited the debate over whether governments should treat crypto as a reserve asset, as the value of those Bitcoin could have paid off the country's public debt.
As concerns rise about sovereign debt sustainability and inflation, some investors are turning to Bitcoin as an alternative to sovereign bonds. Bitcoin offers advantages like limited supply and decentralization, while sovereign bonds are traditionally considered safe havens.
As the United States national debt continues its upward trajectory, surpassing an unprecedented $37 trillion , a growing contingent of investors and analysts are turning their attention to Bitcoin as a potential hedge against economic uncertainty. This staggering debt, which represents 122% of the country's annual gross domestic product (GDP) , has ignited conversations about the long-term stability of the U.S.
