Michael Saylor Proposes $81 Trillion Bitcoin Reserve Plan for the US.
After four years of adding Bitcoin to MicroStrategy’s reserves and earning over $15 billion in profits, Michael Saylor is urging the US to adopt Bitcoin as a strategic national asset. He argues that this could strengthen the US dollar, reduce national debt, and unlock trillions in economic value.
Saylor suggests categorizing Bitcoin and similar assets as “digital commodities” while establishing clear rules for issuers, exchanges, and holders. He highlights the US government’s current holdings of over 207,000 Bitcoin, seized from cases like Silk Road, as an advantage. Though not part of his formal plan, Saylor envisions a Bitcoin reserve generating $16 trillion to $81 trillion for the US Treasury to offset debt and stimulate economic growth.
Additionally, he predicts the digital asset market could grow to $280 trillion—100 times its current size—but provides no detailed calculations. Senator Cynthia Lummis has proposed a framework for such a reserve, advocating the US Treasury buy 200,000 Bitcoin annually for five years. These purchases would be funded by profits from Federal Reserve bank deposits and gold holdings, with the reserve held for at least 20 years.
Saylor cautions that failing to act could leave the US trailing behind competitors like China. “The United States has a unique opportunity to lead a 21st-century financial revolution, unleashing trillions in value creation,” he said.
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BitGalactic’s Take
Saylor’s vision is undeniably ambitious, but it raises important questions about practicality and risk. The potential for economic gains is enticing, yet the lack of concrete evidence behind his figures undermines credibility. A $280 trillion digital asset market sounds promising but may be overly optimistic without clearer details on growth drivers.
Additionally, while Lummis’s framework offers a structured approach, funding such reserves through Federal Reserve profits and gold holdings might strain existing financial systems. The geopolitical aspect is compelling—especially regarding competition with China—but is Bitcoin truly the best vehicle for national wealth and power? The US must weigh Saylor’s bold ideas carefully, balancing innovation with fiscal responsibility.
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