Michael Saylor: The United States needs Bitcoin, and the concept of strategic reserves itself is a monetary strategy

PANews reported on April 12 that according to Cointelegraph, Michael Saylor, founder of Strategy (formerly MicroStrategy), said at an event that Bitcoin does not need the United States, but the United States needs Bitcoin. The concept of strategic reserves itself is a monetary strategy. What is money in the modern world? The world in the 20th century had $450 trillion in capital currency in the form of private and public equity, foreign real estate, sovereign debt (especially foreign sovereign debt), currencies of other countries, and corporate bonds. Bitcoin is a better currency, so either keep the world as it is or introduce the concept of Bitcoin.

Michael Saylor added that Bitcoin can no longer be stopped because Satoshi Nakamoto ignited the fire, which continues to burn, with tens of millions or hundreds of millions of dollars pouring into the network every day, and Bitcoin will grow from $2 billion to $20 billion, then to $200 billion, $2 trillion, $20 trillion, and $200 trillion.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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