Bitcoin

Gold

<ul class="wp-block-list">
  
 <li>Michael Saylor suggests U.S. to replace gold reserves with 20–25% of Bitcoin's supply.</li>   
 <li>US Bitcoin reserve proposal could push BTC valuation to $100 trillion, says Saylor.</li>   
 <li>MicroStrategy now holds over 400,000 BTC, worth billions, as institutional adoption grows.</li> 
</ul>   
<p>Michael Saylor, the Founder and Chairman of MicroStrategy, has proposed reallocating U.S. financial policy and focusing on Bitcoin instead of gold. Saylor explained his concept of how Bitcoin might improve the United States’ global capital network during an interview with Yahoo Finance.</p>   
<h2 class="wp-block-heading" id="h-saylor-s-call-for-a-national-bitcoin-reserve"><strong>Saylor’s Call for a National Bitcoin Reserve</strong></h2>   
<p>Saylor claimed through Bitcoin, the US could strengthen its reserve status and control over global capital. He advises the U.S. government to acquire 20–25% at the current price, proposing a change from gold to Bitcoin.</p>   
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   https://twitter.com/saylor/status/1865473610942464056 
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<p>Saylor claims adopting this strategy would fortify the United States as the world’s reserve capital network. Relying on Bitcoin, rather than gold, the United States could create approaches that could impact rival economies such as Russia and China. In Saylor’s opinion, these nations would sell their gold reserves and other assets to acquire BTC, thus restoring capital flows to the U.S.</p>   
<p>Additionally, Saylor claims, Bitcoin's market capitalization may rise to $100 trillion. This projection aligns with the current debates within the U.S. government regarding establishing strategic Bitcoin holdings.</p>   
<h2 class="wp-block-heading" id="h-strategic-bitcoin-reserve-gains-traction"><strong>Strategic Bitcoin Reserve Gains Traction</strong></h2>   
<p>Saylor’s call for a <a href="https://cryptonewsland.com/u-s-bitcoin-reserve-plan-could-reshape-global-financial-markets/" target="_blank" rel="noreferrer noopener">Bitcoin reserve</a> aligns with reports that the Donald Trump administration is considering a crypto advisory council. This body aims to explore the framework for integrating Bitcoin into the nation’s reserve strategy.</p>   
<p>MicroStrategy’s aggressive BTC purchases made it one of the leading firms investing in cryptocurrencies. The firm recently purchased 15,400 BTC for $1.5 billion, it now owns more than 400,000 coins. Saylor’s support of Bitcoin is based on its value and impact on changing the current financial systems.</p>   
<p>Other firms such as <a href="https://cryptonewsland.com/semler-scientific-invests-29m-in-bitcoin-adding-303-btc-to-holdings/" target="_blank" rel="noreferrer noopener sponsored nofollow">Semler Scientific</a> and Metaplanet have also followed MicroStrategy by investing in Bitcoin proving that it is increasingly becoming mainstream for institutional investors. It is still unclear if similar strategies will be applied by the U.S. government. However, its recent action of seizing Bitcoins from criminal sources has made it more active in the digital Currency market.</p> 
<p>The post <a href="https://cryptonewsland.com/michael-saylor-urges-us-to-replace-gold-reserves-with-bitcoin/">Michael Saylor Urges US to Replace Gold Reserves with Bitcoin</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Michael Saylor Urges US to Replace Gold Reserves with Bitcoin

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