Michael Saylor dropped some cookies at the microphone of Fox News on the eve of the round table organized by the White House to talk about the Bitcoin Strategic Reserve.
The countdown started
We already had a taste of what is preparing behind the scenes through the US Secretary of Trade. Howard Lunick said Bitcoin will have a separate status:
The president is interested in a strategic reserve of Bitcoins. He talked about it during her campaign and I think she will be activated this Friday. […] There is Bitcoin, and then the other cryptos which, I think, will be treated differently. Positively, but differently.
Michael Saylor didn't say something else last night. He believes that “The consensus that emerges is to make bitcoin an element of a long -term strategic reserve for the country. But if you wanted to make various investments in a sovereign fund, it is up to the executive to decide. ”
As to how the US government will finance its Bitcoins purchases, Michael Saylor kicked in touch. His personal position is to sell gold to raise millions of bitcoins, which would make one stone two strokes by being devaluing the value of gold stocks from the rest of the world.
His response on the TV set was however more polite:
“A six -month reflection process is underway. The presidential working group has 12 members. Industry will participate. The Senate and the House of Representatives will also participate. It is not for me to decide how things will be determined. But the bill proposed by senator Cynthia Lummis offers to gradually buy a million bitcoins over a four -year period. »»
Matt Hougandirector of Bitwise, says the reserve will be “Almost entirely made up of bitcoins, and that it will be more important than you think.”
“Bitcoin, the alternative to the scholarship”
For Michael Saylor, Bitcoin is a digital property. It allows everyone to preserve their assets over time, unlike bank accounts, including dollars, euros or yuan are nibbled by monetary inflation which reaches 7 % per year on average.
The wish of the CEO of Strategy is that the government is clarifying on this asset class so that “American citizens know that they have an alternative to the lottery or the scholarship”. In particular, it will be necessary to make the difference between currencies, tokens, amenities and security.
For him, Bitcoin enters the “Commodity” category, in which oil, gold, cocoa, etc. are located The reason being that he is “An asset without transmitter”. Digital currencies are stablecoins like Tether. And then there are the tokens issued by companies like Ripple (XRP).
Like the CEO of BlackRock, Mr. Saylor thinks that stock markets, bonds and other financial assets will eventually be tokénisized.
Asked that some Bitcoiners from the first hour see the arrival of states, Saylor has been pragmatic:
“Satoshi gave us an open prosperity protocol to eight billion people. But there are also 400 million companies that need it, as well as all the countries on the planet. It is logical that a country wanting to be prosperous adopts bitcoin. »»
For him, China, Russia and the rest of the world will eventually place their reserves in Bitcoin. “Arriving first will make it possible to take advantage of it”he launched, certainly thinking of the 10,000 billion that the United States owes the rest of the world …
Don't miss our article: Donald Trump's hidden lenses …
Maximize your Cointribne experience with our 'Read to Earn' program! For each article you read, earn points and access exclusive rewards. Sign up now and start accumulating advantages.
