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2024-12-17 08:24:07

Michael Saylor Says “Trump Is Serious About Creating a Bitcoin Reserve”, Reveals BTC Price Prediction

MicroStrategy co-founder and executive chairman Michael Saylor expressed confidence in former President Donald Trump’s intention to create a strategic Bitcoin reserve for the United States. Speaking about the potential impact of such a move, Saylor drew comparisons to historic U.S. acquisitions such as the Louisiana Purchase and touched on the transformative financial opportunities it could bring. Saylor noted the significant value that Bitcoin could add to the U.S. economy. Drawing on proposals such as Senator Cynthia Lummis’ plan to acquire one million Bitcoins, Saylor estimated that such an initiative could add $16 trillion to the U.S. economy. Expanding on this, he noted that Robert F. Kennedy Jr.’s proposal to acquire 4 million Bitcoins could create a value of up to $56 trillion. Saylor noted that Trump could aim even higher, with potential earnings reaching $81 trillion, more than double the current U.S. national debt of $36 trillion. “All capital outside the US and outdated 20th century investments are shifting to digital assets like Bitcoin,” Saylor said. “The logical move for the US is to collateralize Bitcoin now and ‘own the future.’” Related News: il Capo Speaks After Bitcoin's Giant Bull Run! - How Long Does He Expect the Rally to Last? When asked if that meant chasing Bitcoin at every price, Saylor advocated a gradual accumulation strategy, likening it to gradually buying Manhattan over decades. “The US could acquire 20-25% of the Bitcoin network by reallocating gold reserves or taking on a small amount of debt,” he said. Saylor predicted that Bitcoin’s network value could increase 100-fold, suggesting an urgency to act before its exponential growth. Saylor said that it is important to establish a robust digital asset framework to fully leverage Bitcoin’s potential. He noted the need for clear definitions of digital commodities, currencies, securities, and tokens, as well as the rights and responsibilities of issuers, exchanges, and owners: “The opportunity for the U.S. is to issue $10 trillion worth of digital currency to support the dollar, generate $50 trillion in capital gains, and position itself as a leader in the $500 trillion tokenized asset market over the next two decades.” Saylor’s long-term outlook for Bitcoin remains extremely optimistic, with Saylor predicting that Bitcoin will appreciate at a 29% annual rate over the next 21 years, reaching $13 million per coin by 2045. *This is not investment advice. Continue Reading: Michael Saylor Says “Trump Is Serious About Creating a Bitcoin Reserve”, Reveals BTC Price Prediction

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