Andrew Hohns, founder and CEO of Battery Finance, says the US federal debt expanded 40-fold in 45 years, rising from $1 trillion in 1981 to more than $40 trillion today. He argues that neither tax increases nor spending cuts will reverse this trajectory and proposes creating a strategic Bitcoin reserve to depreciate the national debt. Hohns also urges the US Treasury to pilot Bitcoin-backed bonds, known as BitBonds, which have not yet entered the market. He additionally presents Battery Finance’s Bitcoin-backed real estate loans in the context of a $2 trillion real estate refinancing wall, while discussing the growth of digital credit and institutional Bitcoin adoption.
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