The US national debt exceeding $40 trillion has prompted some investors to consider alternatives to the dollar, including gold, the Swiss franc and Bitcoin. Michael Bucella, co-founder of Neoclassic Capital, said the rapid growth in US debt is encouraging portfolio diversification amid concerns about currency depreciation. He also highlighted the expanding use of Bitcoin-backed lending, which allows BTC holders to access liquidity without selling their holdings by using Bitcoin as collateral. Such arrangements can help investors maintain their Bitcoin positions while meeting cash needs, but they also expose borrowers to demands for additional collateral or liquidation if Bitcoin's value falls. Bucella said Bitcoin remains a risky asset and, unlike traditional safe-haven assets such as gold, is sensitive to global economic and macroeconomic conditions. The debt increase has renewed debate over US public finances and the dollar's future value, while Bitcoin's role continues to be shaped by institutional demand and macroeconomic developments.