Michael Saylor proposes the US to replace gold with Bitcoin in strategic reserves

• Michael Saylor, founder of MicroStrategy, suggested that the U.S. government should buy 20-25% of the Bitcoin in circulation with existing gold reserves, aiming to replace gold as a strategic reserve asset and strengthen the country’s global economic position.

• Saylor believes this will help maintain the US dollar’s position as an international reserve currency, while putting pressure on other powers such as Russia and China to invest in Bitcoin to protect their assets, thereby boosting Bitcoin’s value to more than $100 trillion.

• This idea has received significant attention, especially in the context of President Trump’s upcoming administration reportedly forming a cryptocurrency advisory council to study this possibility, along with MicroStrategy, Saylor’s company, having invested over 400,000 Bitcoin, creating ripple effects in the investment community.

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