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A creative proposal for eliminating the US Debt with Bitcoin

Bitcoin Reddit

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The United States has a massive debt problem. As of today, the US debt is over $30 trillion. This debt is a burden on all Americans, and it is important to find a way to eliminate it.

I propose that the US government offer lifetime tax exemptions to individuals who pay one bitcoin to the IRS. This would create a massive demand for bitcoin, and it would also generate a significant amount of revenue for the government.

If 15 million Americans participated in this program, and the price of bitcoin was bidded up to $3 million, the IRS would have $45 trillion in bitcoin on its balance sheet. This would be more than enough to cover the current US debt.

This program would benefit everyone involved. The government would get rid of its debt, and Americans would get a tax break. Bitcoin would also become more widely adopted and accepted.

Benefits of the Proposal

Eliminate the US debt Reduce taxes for Americans Increase the adoption of bitcoin

How to Participate

To participate in the program, individuals would simply need to pay one bitcoin to the IRS. They would then be exempt from all future taxes.

Conclusion

This proposal is a creative and innovative way to eliminate the US debt. It is also a win-win for everyone involved. I urge the US government to consider this proposal seriously.

In addition to the above, you could also make the proposal more appealing to the public by emphasizing the following:

The program would be voluntary, so no one would be forced to participate. The program would be open to all Americans, regardless of income level. The program would be administered by the IRS, which is a trusted government agency. The program would be subject to rigorous oversight and auditing. You could also make the proposal more concrete by providing a timeline for implementation and a budget for administering the program.

submitted by /u/bfella_throwaway
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