Proposal: Eliminating the U.S. National Debt with 10 Bitcoin
Introduction
This proposal details a revolutionary strategy to eliminate the U.S. national debt with just 10 Bitcoin. The approach is inspired by the pledge of President-elect Donald Trump to “make America great again” and incorporates the innovative Goosie framework to address this longstanding fiscal challenge.
Current Context
As of 2025, the U.S. national debt exceeds $36 trillion. This poses significant economic challenges, yet the President’s election commitments to Bitcoin and to "make America great again" provide an opportunity to tackle this problem through ground breaking financial innovation.
Strategy Overview
The Problem with Bitcoin as Money
Bitcoin cannot currently function as effective money for two main reasons:
The Goosie coin solves these issues and turns Bitcoin into money in two steps:
Step 1: Adopt Bitcoin-Backed Goosie Coin
The U.S. government accepts Goosie coins as legal tender. This creates a dual-currency system where both the fiat dollar and Goosie operate side by side.
Step 2: Natural Transition
With Goosie providing stable, tamper-proof hard money:
As the fiat dollar loses value, the national debt becomes practically worthless. The government can then pay off the $36 trillion debt with just 10 Bitcoin, given the profound economic transformation driven by Goosie.
Historical Precedent and Context
The hyperinflation in Germany between World War I and World War II illustrates the chaos of a collapsing fiat currency without a hard-money alternative. By adopting Goosie, the U.S. ensures a smooth and stable transition, avoiding such historical pitfalls.
Making America Great
The fledgling United States was no stranger to hyper-inflation. By 1781 the Continental dollar was worth one hundredth of its face value before declining further into worthlessness. This changed with the Coinage Act 1792 that pegged the dollar to the value of gold – the gold standard. Lasting until 1971 the gold standard saw the greatest prosperity the nation has ever experienced. The Goosie coin returns the country to this peg to gold.
Implementation Plan
Phase 1: Development and Validation
Regulatory Hurdles
By implementing the Goosie coin and adopting Bitcoin-backed money, the United States can eliminate its national debt in a transformative and sustainable manner. This strategy represents a unique opportunity to harness innovation for fiscal stability and economic prosperity.
Contact Information
Introduction
This proposal details a revolutionary strategy to eliminate the U.S. national debt with just 10 Bitcoin. The approach is inspired by the pledge of President-elect Donald Trump to “make America great again” and incorporates the innovative Goosie framework to address this longstanding fiscal challenge.
Current Context
As of 2025, the U.S. national debt exceeds $36 trillion. This poses significant economic challenges, yet the President’s election commitments to Bitcoin and to "make America great again" provide an opportunity to tackle this problem through ground breaking financial innovation.
Strategy Overview
The Problem with Bitcoin as Money
Bitcoin cannot currently function as effective money for two main reasons:
- Asset Hoarding: As the world’s best-performing asset, most people prefer to hold Bitcoin rather than spend it, which would be akin to "killing the goose that lays the golden egg."
- Volatility: Bitcoin’s price fluctuations make it difficult for families and businesses to plan their financial activities.
The Goosie coin solves these issues and turns Bitcoin into money in two steps:
- Bitcoin-Backed Collateral: Bitcoin is used as collateral for Goosie coins, creating a Bitcoin-backed currency without touching the underlying asset. This process is interest-free and avoids margin calls.
- Pegged to Gold: Goosie coins are pegged to the value of gold, providing a stable and enduring source of value.
- A global competition is underway to implement the Goosie coin. The winner will receive 0.5% of each Goosie coin minted.
- The estimated build cost for Goosie is between $1 and $5 million.
- The addressable market for Bitcoin-backed money is the $103 trillion M2 global money supply. Depositing Bitcoin into the Goosie smart contract to this value could net the winner $202 billion in passive revenue. As Bitcoin would be deposited and withdrawn on a regular basis the winner is compensated year in year out.
- For the purposes of this proposal the first to implement Goosie is not material.
Step 1: Adopt Bitcoin-Backed Goosie Coin
The U.S. government accepts Goosie coins as legal tender. This creates a dual-currency system where both the fiat dollar and Goosie operate side by side.
Step 2: Natural Transition
With Goosie providing stable, tamper-proof hard money:
- Confidence in the economy is restored.
- Individuals and corporations naturally transition from the fiat dollar to Goosie coins, anticipating the hyperinflation of the dollar.
As the fiat dollar loses value, the national debt becomes practically worthless. The government can then pay off the $36 trillion debt with just 10 Bitcoin, given the profound economic transformation driven by Goosie.
Historical Precedent and Context
The hyperinflation in Germany between World War I and World War II illustrates the chaos of a collapsing fiat currency without a hard-money alternative. By adopting Goosie, the U.S. ensures a smooth and stable transition, avoiding such historical pitfalls.
Making America Great
The fledgling United States was no stranger to hyper-inflation. By 1781 the Continental dollar was worth one hundredth of its face value before declining further into worthlessness. This changed with the Coinage Act 1792 that pegged the dollar to the value of gold – the gold standard. Lasting until 1971 the gold standard saw the greatest prosperity the nation has ever experienced. The Goosie coin returns the country to this peg to gold.
Implementation Plan
Phase 1: Development and Validation
- If not already implemented finalize the Goosie smart contract and build rules.
- Conduct technical feasibility studies with blockchain experts.
- Work with Congress and regulatory bodies to recognize Bitcoin-backed Goosie as legal tender.
- Launch Goosie with public and corporate buy-in.
- Monitor the economic transition and manage the gradual phase-out of fiat dollars.
- U.S. Department of Treasury: Executor of the strategy.
- Federal Reserve: Collaborator for integrating cryptocurrency into monetary policy.
- Congressional Committees: Oversight and legislative support.
- Blockchain Experts: Technical advisors for Goosie implementation.
- Global Investors: Participants in the Goosie financial ecosystem.
Regulatory Hurdles
- Adjustments to cryptocurrency regulations may be necessary.
- Like Bitcoin Goosie is private finance with no government or incorporated body in control. This would mean that government budgets would again have to be balanced and steps taken to return to fiscal discipline. Historically the United States is familiar with this situation. The “free banking” era during most of the 19th Century coincided with one of the most prosperous periods of United States history.
- Clear communication and education will be vital to gain public trust and adoption.
- Build Goosie: Complete development and testing of the Goosie coin and smart contract if not already implemented.
- Engage Stakeholders: Present the proposal to government and industry leaders.
- Launch Pilot Program: Demonstrate the effectiveness of Goosie in a controlled environment.
By implementing the Goosie coin and adopting Bitcoin-backed money, the United States can eliminate its national debt in a transformative and sustainable manner. This strategy represents a unique opportunity to harness innovation for fiscal stability and economic prosperity.
Contact Information
- Branton Kenton-Dau: Developer of Goosie and representative of the Goosie Private Club, with extensive experience in blockchain innovation and financial system design, focusing to solving large-scale economic challenges. He is Founder of environmental reporting firm Trucost, now one of the S&P Indices. While Founder and CEO of predictive analytics firm VortexDNA the company improved Google Search results. Branton can be contacted at [email protected]
- Website: https://www.goosie.me/ (Visit this site for detailed insights into the Goosie coin, its design principles, and on-going developments related to its implementation.)
- Schedule a Call: https://branton.youcanbook.me/ (Schedule a call to discuss the technical implementation of Goosie, broader strategic implications, or address any questions related to the proposal.)