Michael Saylor is the CEO of the Strategy company (formerly Microstrategy). This is known in our ecosystem for having invested massively in Bitcoin via his business. Indeed, following the COVVI-19 crisis and concerned with a fall in the dollar, he wishes to diversify the assets of the company, so far in the vast majority owned in US dollar. For this, he makes a surprising decision to say the least: buy bitcoin (BTC). Since then, Strategy has continued to buy it, so that the company now has 499,096 bitcoins, or 2.3% of the total BTC offer. Henceforth, Saylor is exhibiting a strategy for the United States to dominate the world economy thanks to the BTC.
The key points of this article:
Michael Saylor, CEO of strategy, invested massively in Bitcoin to diversify the assets of his business and protect himself against a fall in the dollar. Saylor has proposed a daring strategy for the United States to dominate the 21st century global economy thanks to digital assets, considering a Bitcoin Strategic Reserve.
A crypto strategy to dominate the 21st century global economy
The title of the article published by Michael Saylor On his personal website is at the very least explicit: « A Digital Assets Strategy to Dominate the 21st Century Global Economy ». Thus, this article exposes a strategy that the US could lead to dominate the global economy thanks to cryptocurrencies.
«With a framework, policies and appropriate leadership in digital assets, we can enrich our citizens, strengthen our businesses, dominate the global economy and reimburse the national debt. »»
According to Saylor, the USA could draw a economic advantage ranging from 60 to 100 billion dollars During the next decade. Just that.
Strategy stages
Unsurprisingly, this strategy is divided into several stages. First, it goes through a clear and appropriate legal framework for digital assets. A work already underway in the USA, since the change of presidency of the dry. For example, it recently has Position on the regulatory status of the same. This also involves a cessation of war against crypto and industry companies. In a second step, it involves a Liberation of companies and actors of the Crypto ecosystem. For example, Saylor believes that digital asset transmitters must have «The right to create and issue assets without having to obtain the prior approval of regulators». However, by remaining within the limits of the law and by prohibiting fraud. Finally, it proposes the creation of a BTC strategic reserve. A Idea already launched by Donald Trump Last week. However, Saylor intends to go much further. Indeed, according to him, the USA should Acquire between 5 and 25% of the total BTC offer in circulation. And this, through «coherent and programmatic daily purchases between 2025 and 2035».
“The Bitcoins Strategic Reserve (Strategic Bitcoin Reserve, SBR) could generate between 16 and 81 billions of dollars in wealth for the US Treasury by 2045, thus offering a viable route to compensate for the national debt. »»
A position that goes in the direction of the measures promulgated by Donald Trump, although they are much more radical. At the end of February, Saylor had met the US congress to discuss the establishment of a coherent regulatory framework in the USA.