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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Bitcoin Bull Thesis Goes Big: 39 Trillion Reasons To Buy, Says Gemini Founder

Christian Encila
Christian Encila
Last Updated: May 23, 2026 3:00 pm
2 mins read
Bitcoin

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The Winklevoss twins donated $21 million worth of Bitcoin to a political action committee supporting US President Donald Trump’s re-election campaign, underscoring just how deeply committed the Gemini co-founders are to the cryptocurrency’s future.

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A Debt Clock That Never Stops

That political move now sits alongside a fresh statement from Cameron Winklevoss, who took to X on May 22 to declare there are “39 trillion reasons to buy Bitcoin.” He was pointing directly at the US national debt, which has climbed to over $39 trillion.

The remark was brief. The implication was not.

39 trillion reasons to buy bitcoin https://t.co/0E2OvKkNKu

— Cameron Winklevoss (@cameron) May 22, 2026

A Fixed Supply Against A Growing Debt

Cameron and his brother Tyler have long argued that Bitcoin’s hard cap of 21 million coins makes it a natural hedge against governments that keep spending beyond their means.

They call it “gold 2.0,” and they believe that if Bitcoin ever displaces gold as the world’s go-to store of value, the price could eventually hit $1 million.

Cameron has a history of flagging what he sees as prime buying moments. When Bitcoin fell below $90,000 late last year, he told his more than 700,000 followers on X that it was a final chance to buy before a rebound. The rebound did not come as expected — Bitcoin slid further and now trades around $74,000.

Bitcoin is now trading at $74,669. Chart: TradingView

The Debt Argument Gains Ground Across The Industry

Cameron is not the only prominent voice tying the national debt to the case for Bitcoin. Jim Cramer urged Americans last year to consider cryptocurrencies as the debt climbed to $37.63 trillion, a point when the National Debt Clock in New York showed each American family carrying a burden of nearly $955,708.

Michael Saylor and Anthony Pompliano have made similar arguments, repeatedly framing Bitcoin as a shield against economic uncertainty and ballooning government obligations.

The idea is straightforward: as government debt grows and the purchasing power of fiat currencies shrinks, an asset with a fixed supply becomes harder to ignore.

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Loud Voices, Clear Interests

Gemini is a cryptocurrency exchange, and the Winklevoss brothers have built their business around Bitcoin adoption. Their advocacy and their financial interests run in the same direction.

Cameron’s latest post adds one more data point to a narrative the crypto industry has been building for years — that the national debt is not just an economic problem but an argument for holding Bitcoin.

Featured image from Pexels, chart from TradingView

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Christian Encila
Christian Encila

Christian Encila

Christian Encila is a journalist, editor, crypto analyst, and virtual assistant focused on storytelling, financial markets, and digital media. He blends strong writing skills with in-depth analysis, turning complex information into clear, accessible insights.

Read more

His writing began in college as a feature writer for his school publication, building research and storytelling skills. He later worked as an editor at a data engineering firm, gaining recognition for writing and discipline.

He expanded internationally in Canada and South Korea, then returned to the Philippines for a decade in a major newsroom. There he became a senior news writer and editor, simplifying complex topics for broad audiences.

He later moved into cryptocurrency journalism as a crypto analyst and market expert at NewsBTC, covering trends and blockchain developments. Alongside writing, he works as a Virtual Assistant supporting editorial operations, workflows, and coordination tasks.

Outside work, he enjoys motorbikes, riding a Yamaha R3, preferring relaxed coastal rides. He spends time with two cats and a dog, and unwinds with coffee, Filipino food, and occasional rum while watching comedy films.

His career blends journalism, analysis, and support roles, reflecting adaptability across media, markets, and digital content production in modern newsroom environments and remote work settings globally.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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