Michael Saylor: US Should Hold 20% of Bitcoin
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Michael Saylor, founder of Strategy, has emphasized the crucial need for the United States to establish a strategic Bitcoin reserve, proposing that the country should acquire 20% of the BTC network.
“There’s only space for one nation-state to purchase 20% of the network, and clearly, I believe it should and will be the United States,” Saylor remarked at the CPAC conservative movement conference in Washington DC on February 20.
In the same discussion, he stated, “The US could instantly own 20% of the [Bitcoin] network,” snapping his fingers for emphasis. He elaborated: “The dollar would gain strength, the nation’s wealth would increase, and the ultimate promise is that by owning 4-6 million BTC, the national debt could be paid off.”
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