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Michael Saylor dropped several cookies on the Fox News microphone on the eve of a round table organized by the White House to talk about the Bitcoin strategic reserve.
The countdown started
We already wanted what is being prepared behind the scenes through the US Minister of Trade. Howard Lunick said Bitcoin will have a separate state:
The President is interested in the strategic reserve of Bitcoins. He talked about it during his campaign and I think it will be activated this Friday. (…) There are bitcoins and then with other crypts that I think will be treated differently. Positively but otherwise.
Michael Saylor didn’t say anything else last night. Believes “The consensus that appears is to make bitcoins an element of long -term strategic reserves for the country. However, if you wanted to make various investments in a sovereign fund, it is on the executive. ”
As for how the US government finances its Bitcoins’ purchases, Michael Saylor kicked in touch. Its personal status is to sell gold to win millions of bitcoins, which would cause one stone two strokes to depreciate the value of gold reserves from the rest of the world.
But his reaction to television was more polite:
“The process of six months is going on. The presidential working group has 12 members. The industry will participate. The Senate and the House of Representatives will also participate. It is not for me to decide how things will be intended. The bill designed by Senator Cynthia Lummis, however, is gradually offering a million bitcoins to buy in four years. »»
Matt Hougan, Director of Bitwis, says the reserve will be “Almost completely made up of bitcoins and that it will be more important than you think.”
“Bitcoin, alternative to scholarship”
Bitcoin is a digital feature for Michael Saylor. It allows everyone to maintain their assets over time, unlike bank accounts, including dollars, EUR or Yuan, naked by cash inflation, which reaches an average of 7 % per year.
The wish of the Strategy CEO is that the government explains this class of assets so “American citizens know they have an alternative to a lottery or scholarship”. In particular, it will be necessary to change the difference between currencies, chips, equipment and safety.
For him Bitcoin enters the category “commodity” in which there are oil, gold, cocoa, etc. The reason is that it is “Asset without a transmitter”. Digital currencies are stablecoins like a harness. And then there are chips issued by companies like Ripple (XRP).
Like the CEO of Blackrock, Mr. Sylor thinks that stock markets, bonds and other financial assets will eventually be tokenized.
Upon request, some bitcoiners from the first hour to see the arrival of the states were Saylor pragmatic:
“Satoshi gave us an open protocol of prosperity of eight billion people. But there are also 400 million companies that need it, as well as all countries on the planet. It is logical that a country that wants to be prosperous bitcoins. »»
China, Russia and the rest of the world eventually place their reserves to Bitcoins. “Accepting the first will allow this to take advantage of it”He launched, certainly thought of 10,000 billion that the United States owed the rest of the world …
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.