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Michael Saylor Advocates Bitcoin Reserve to Cement US Digital Leadership

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by Giorgi Kostiuk

3 hours ago


Michael Saylor, the founder of Strategy, has stated that a Bitcoin strategic reserve could strengthen US leadership in the digital economy.

The Importance of Bitcoin for the US

In an interview with Fox News, Saylor explained that Bitcoin is a secure savings method for various economic participants. He urged the US government to act swiftly to gain a leading position in the digital economy. Saylor sees a strategic Bitcoin reserve as not just saving assets but giving the US an edge in cyberspace.

Altcoins in the National Crypto Reserve

President Donald Trump recently announced including certain altcoins in the national crypto reserve. However, Saylor believes only Bitcoin qualifies as a foundational asset without an issuer.

Industry Leaders' Perspectives

Saylor is not alone in his position. For instance, Coinbase CEO Brian Armstrong views Bitcoin as the most reliable asset. Gemini founder Tyler Winklevoss also opposes altcoin inclusion, supporting Saylor's ideas.

The important thing to keep in mind is Bitcoin is the one universally agreed-upon foundational asset in the entire crypto economy because it's the asset without an issuer.Michael Saylor

Michael Saylor advocates for the US to strengthen its position in the digital economy by strategically accumulating Bitcoin, becoming a global leader in cyberspace.

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