Michael Saylor proposes US replaces gold reserves with Bitcoin

Saylor advocates for Bitcoin over gold: Michael Saylor, founder of MicroStrategy, advocates replacing gold reserves with Bitcoin, emphasizing this could increase US financial influence. He believes such a strategy would encourage countries like Russia and China to sell gold to buy Bitcoin.

Predicted Bitcoin market cap could reach 100 trillion USD: Saylor predicts that following his proposal, Bitcoin’s market capitalization could escalate to 100 trillion USD. This visionary strategy not only reinforces the US’s economic standing but also attracts institutional interest, as seen in MicroStrategy’s substantial BTC investments.