Michael Saylor, the founder of Microstrategy, proposed that the U.S. government sell all its gold reserves and instead purchase 20% to 25% of the circulating supply of Bitcoin. The aim is to cause a massive sell-off of gold to plunge its price, creating economic difficulties for opponents who hold large gold reserves.
Previously, Michael Saylor also stated that rather than trusting hardware wallets, one should trust large, stable banks.
Personal opinion: Michael Saylor's viewpoint is indeed quite radical. Gold has long been an important safe-haven asset with a deep value foundation. In contrast, Bitcoin, as an emerging virtual currency, has extreme price volatility and high risks. When the government conducts asset allocation, it must comprehensively weigh various factors and should never be easily swayed by a single viewpoint. For ordinary investors, it is even more important to remain rational and treat virtual currencies like Bitcoin with caution, and not to be swept away by exaggerated statements.#历史见证者打卡