While the American economy is teetering on its foundations, some see a new launch pad: bitcoin. With his eternal refrain “Make America Great Again”, Donald Trump dreams of a radical solution combining massive budget cuts and the creation of a strategic BTC reserve. Michael Saylor of MicroStrategy believes this flagship crypto could transform the economic future of the United States, but the path is strewn with pitfalls.
Bitcoin: the flagship crypto for a prosperous America?
Michael Saylor, president of MicroStrategy, imagines a future where the United States would dominate the digital market thanks to a bold strategy: adopt Bitcoin as a national reserve. This plan, worthy of a Hollywood blockbuster, could generate up to 81 trillion dollars and transform the United States into a global economic leader of the 21st century.
According to Saylor, the potential of bitcoin lies in its rarity and growing adoption. He asserts that this strategy could not only strengthen the dollarbut also reduce the national debt and open up massive opportunities for businesses. He specifies:
- A global digital market that would grow from $2 trillion to $280 trillion;
- A possible surge in BTC price at $500,000 ,
- A financial windfall of 16 to 81 trillion for state coffers.
But this dream has its detractors. Peter Schiff, famous for his aversion to bitcoin, judges this absurd idea. “ This would weaken the dollarwould worsen the debt and harm economic growth “, he argues.
Between promises and controversies, bitcoin has never unleashed so much passion.
The price of BTC: key to an uncertain future
The success of plan of Saylor depends closely on the future value of bitcoin. To reach the $500,000 he predicts, BTC must overcome gigantic obstaclesnotably the volatility which makes many people tremble.
This meteoric rise could be helped by strategic adoption of bitcoin at the national level, but uncertainties remain.
Peter Schiff continues to play spoilsport by opposing this utopian vision with his unwavering attachment to goldwhich he considers a much safer refuge.
However, countries like El Salvador are showing that bitcoin adoption can transform an economy, even if the United States operates on a completely different scale.
If the BTC price becomes the economic compass of the country, the implications would be colossal, between massive enrichment and systemic risks. Is the volatility of Bitcoin really compatible with the role of a strategic asset?
A question that will remain open, at least until Congress decides to decide.
To capitalize on Bitcoin's promise, Trump will first need to tackle a very real monster: the $34 trillion national debt. Perhaps in 2025, Elon Musk's DOGE department will provide an unexpected boost to get the US economy back on track.
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