COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Michael Saylor Urges the U.S. to Adopt Bitcoin for Global Capital Control
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Michael Saylor Urges the U.S. to Adopt Bitcoin for Global Capital Control
Bitcoin (BTC)

Michael Saylor Urges the U.S. to Adopt Bitcoin for Global Capital Control

In Brief

  • Michael Saylor advocates for the U.S. to adopt Bitcoin over gold.

  • He believes this transition will strengthen U.S. global capital control.

  • MicroStrategy's investments influence institutional interest in Bitcoin.

Fatih Uçar
Fatih Uçar 5 months ago
Share
SHARE

Michael Saylor, founder and president of MicroStrategy, made notable statements regarding strategic Bitcoin $103,540 reserves. In an interview with Yahoo Finance, he emphasized the necessity for the U.S. to abandon gold in favor of Bitcoin adoption. Saylor expressed that this step would reinforce the U.S.’s leadership in global capital control.

Contents
U.S. Strategy to Enhance Global Capital Power with BitcoinMicroStrategy’s Bitcoin Investments and the Role of the U.S.

U.S. Strategy to Enhance Global Capital Power with Bitcoin

Saylor indicated that Bitcoin is a crucial tool for the U.S. government to maintain its world reserve status. He suggested that the government should purchase at least 20-25% of the current Bitcoin supply as part of this strategy. Furthermore, he mentioned that the U.S. could finance these acquisitions by selling its gold reserves.

Saylor stated, “The United States should sell gold to buy Bitcoin,” arguing that this move would establish the U.S. as the “World Reserve Capital Network.” According to this scenario, Bitcoin’s total market value could reach $100 trillion. He believes that if this occurs, competing economies may face significant challenges. As gold values decline, countries like Russia and China might be compelled to shift their assets to Bitcoin, potentially creating a mechanism that attracts capital to the U.S.

MicroStrategy’s Bitcoin Investments and the Role of the U.S.

MicroStrategy has drawn attention with its substantial investments in Bitcoin. Recently, the company purchased 15,400 Bitcoin for $1.5 billion, raising its total Bitcoin holdings to over 400,000 coins. Saylor noted that this strategy has also influenced other institutional investors.

However, the U.S. government’s plans for building Bitcoin reserves remain unclear. Some steps were taken during the Trump administration, including the establishment of a crypto advisory board. Additionally, there is curiosity regarding whether the government will purchase Bitcoin from the market, in addition to the stocks seized from the Silk Road marketplace.

Michael Saylor’s recommendations have the potential to significantly impact the global economy through digital currencies. However, it will take time to determine whether the U.S. will adopt this strategy. The question of whether Bitcoin can replace gold as a new reserve asset continues to be debated.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Twenty One Capital Bu Yatırım Hamlesiyle Dikkatleri Üzerine Çekti!

Bitcoin ETF Shakes the Market with a Surprising $96 Million Exit

Companies Supercharge Bitcoin Purchases in a Landmark Year

Bitcoin Surges Past $100,000: Institutional Buyers Fuel the Rally

Strategy Accelerates Massive Bitcoin Acquisitions

Fatih Uçar 8 December, 2024 - 3:14 pm 8 December, 2024 - 3:14 pm
Share This Article
Facebook Twitter
Share
Previous Article Crypto Market Sees Dynamic Week with Bitcoin, XRP, and Shiba Inu
Next Article FLOKI Memecoin Shows Significant Growth Potential, Analysts Predict
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

XRP Price Surges as New Opportunities Emerge
Technical Analysis
Solana Bounces Back: Unveiling Promising Altcoins and Future Prospects
Altcoin News
Bitcoin’s Rise Stalls: Will SOL and PENGU Make a Comeback?
Solana (SOL)
Congress Intensifies Spotlight on Trump’s Cryptocurrency Transactions
Cryptocurrency Law
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?