Michael Saylor Proposes $BTC Bitcoin as a Solution to US Debt Crisis
Michael Saylor, founder of MicroStrategy (MSTR), has urged the US government to designate Bitcoin (BTC) as a key national asset and a potential solution to the country’s US$36 trillion debt crisis.
Saylor believes Bitcoin has the potential to grow 100 times from its current value and recommends that the US government accelerate regulatory measures to implement a Bitcoin reserve strategy before its price soars further.
In a statement, Saylor compared Bitcoin to the historical value of Manhattan real estate, highlighting its potential for long-term growth:
“I want to go back, and I would buy Manhattan every year for 300 years at its current value. However, I now believe Bitcoin offers the same opportunity to make the US the digital capital of the world.”
Saylor also suggested that allocating 20-25% of national reserves to Bitcoin could:
• Attract global capital
• Strengthen the US dollar
• Drive economic growth
He emphasized that MicroStrategy’s aggressive Bitcoin acquisition strategy serves as a successful model for leveraging Bitcoin to secure financial stability and foster economic innovation.
