Michael Saylor Urges U.S. to Buy 20% of Bitcoin Supply
MicroStrategy founder Michael Saylor has proposed that the U.S. government acquire 20% of Bitcoin’s supply, arguing it could strengthen the dollar and even pay off the national debt. Speaking at CPAC, he warned that if the U.S. doesn’t act, another nation could seize the opportunity. However, critics argue that such a move could undermine the dollar’s reserve currency status rather than strengthen it. The debate highlights Bitcoin’s growing role in global finance.
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Michael Saylor Urges U.S. to Buy 20% of Bitcoin Supply
MicroStrategy founder Michael Saylor has proposed that the U.S. government acquire 20% of Bitcoin’s supply, arguing it could strengthen the dollar and even pay off the national debt. Speaking at CPAC, he warned that if the U.S. doesn’t act, another nation could seize the opportunity. However, critics argue that such a move could undermine the dollar’s reserve currency status rather than strengthen it. The debate highlights Bitcoin’s growing role in global finance.