Imagine a future where the United States leads the world in technological innovation and unlocks an unprecedented $100 trillion economic prosperity. Michael Saylor, founder of Strategy, believes this is possible with clear and progressive crypto regulation.
The $100 Trillion Question
Michael Saylor argues that the U.S. can unlock $60 to $100 trillion in economic benefits over the next decade by taking a leading role in the cryptocurrency sector. This involves establishing clear rules to attract innovation and talent, supporting institutional investment, and promoting the use of cryptocurrencies and blockchain technologies.
Strategic Bitcoin Reserve
Saylor proposes the creation of a Strategic Bitcoin Reserve, where the U.S. government strategically acquires Bitcoin, aiming to hold 5% to 25% of the total supply by 2035. He believes this reserve can be a significant wealth source, generating between $16 trillion and $81 trillion by 2045, treating Bitcoin as a long-term strategic asset.
Tax Policy Overhaul
Current tax policies pose a major hurdle to crypto industry growth. Saylor emphasizes the need to revise tax rules to encourage innovation in the U.S., make crypto mining economically viable, and simplify taxation for crypto holders and exchanges.
Michael Saylor's proposals are ambitious but rooted in the shift towards a digital-first economy. His call for clear crypto regulation and a Strategic Bitcoin Reserve illustrates the economic advantages the U.S. could gain through proactive engagement with the crypto revolution.
