US Government's Strategic Move: Acquiring 20% of Bitcoin to Command Cyber Economic Space
by aria-crypto.com
February 22, 2025 at 20:17
US Government's Strategic Move: Acquiring 20% of Bitcoin to Command Cyber Economic Space
Michael Saylor, a renowned Bitcoin advocate and chairman of Strategy, has emphasized the strategic importance for the US to own 20% of the Bitcoin network. Speaking at the Conservative Political Action Conference, Saylor highlighted that such an acquisition would prevent other nations from gaining an advantageous position in the global digital economy. He warned of the risks of allowing countries like Saudi Arabia, Russia, China, or European nations to make the first move. Saylor's bold stance comes as he describes Bitcoin as digital property crucial for establishing economic leadership in cyberspace. He suggests that this move could transform the US into a creditor nation within a decade, significantly enriching the country and securing its position as an economic leader in the emerging digital realm. At the conference, Wyoming Senator Cynthia Lummis, noted for her support of cryptocurrency, echoed Saylor's views, underscoring the potential national benefits of a Strategic Bitcoin Reserve. With Bitcoin currently valued at $96,264, the urgency of Saylor's proposal is palpable, particularly as Strategy holds the largest Bitcoin corporate treasury globally.
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