Saylor promotes Bitcoin adoption: Michael Saylor recommends that the U.S. should acquire 5.2 million BTC, 20-25% of the total supply. This, he argues, would elevate the U.S. to a leader in the global reserve capital network and shift perceptions of cryptocurrency among financial policymakers.
Critics raise inflation concerns: Critics like Peter Schiff caution that selling gold for Bitcoin could lead to increased costs and inflation, as more dollars might need to be issued. Bitcoin’s price currently stands at $99,642.41, with fluctuations indicating potential consolidation and resistance near $103,900.47.
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