According to BlockBeats, on July 27, MicroStrategy founder Michael Saylor spoke at the Bitcoin 2024 conference in Nashville, emphasizing that Bitcoin could address half of the world's economic issues, particularly for countries grappling with rising national debt. Saylor encouraged individuals, businesses, and nations to adopt Bitcoin as a primary financial asset and use it for long-term capital preservation.
Saylor proposed reallocating treasury reserves from gold and bonds to Bitcoin, issuing currency and bonds to purchase Bitcoin, and enacting favorable laws to encourage Bitcoin ownership. He believes that the first country to fully embrace Bitcoin will gain significant economic advantages.