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The founder of Microstrategy and CEO Michael Sailor suggested that the United States may buy a million bitcoins for its strategic building. His remarks came during an interview with Fox Business before the Crypto summit on Friday, hosted by US President Donald Trump.
Silor, whose company is widely famous for about an important bitcoin, confirmed that Microstrategy possesses approximately 500,000 digital symbols, which represents “about 2.4 % of the global offer”. He is one of several characters from there who encrypted characters who are expected to join the round presidential table that will advise the administration on the digital asset policy.
Will Trump buy 1 million Bitcoin?
When I was asked how to finance the government like the large encryption reserve, Sailor pointed to a deliberate multi -year schedule, indicating the “six -month process” set by the last executive order. He added: “There are 12 members of the Presidential Labor Committee. There will be participation from the industry. There will be involvement from the Senate and the House of Representatives and I am higher than my salary to decide how it is determined.”
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According to Saylor, “a draft law (by Senator Lummis) has developed the idea of getting Bitcoin strategically over a period of four years, just day after day to reach Bitcoin’s goal.” Currently, the United States government is believed to have 200,000 BTC – which is estimated at $ 17 billion at today’s prices.
If it continues to purchase the additional on a large scale, the effect on the price of bitcoin may be significant. However, Sailor argued that the most “responsive” liability “will be” slow, fixed and intentional with clear and transparent tugff “instead of sudden acquisitions that can race the market.
Central to Saylor Satance is the Bitcoin classification as a “digital feature”, which is one of the origins without a central source.
“The real key around bitcoin is for people to understand that it is a digital feature. Silor explained that the savings account enables every American to save and preserve their wealth over time.” He stressed that if the United States government provides clarity on this situation, it may be implanted more confidence in citizens to consider the cryptocurrency vehicle.
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When discussing whether the taxpayer money should be used to buy bitcoin, Silor distinguishes between different digital assets. While Bitcoin (as a “digital commodity”), in his opinion, is well suitable for strategic reserves, he also admitted the importance of digital currencies (Stablecoins), distinctive securities (capital effectiveness), and the projects based on the distinctive symbol. However, Bitcoin has been devoted as a major candidate for a national reserve, describing it “globally agreed upon in the entire encryption economy.”
Michael Sailor suggests that the United States of America will buy a million #Bitcoin Its reserves
It happens
pic.twitter.com/jr73PIPFNY– Vivek
ze (@Vivek4real_) March 5, 2025
Silor also addressed skeptics who are wondering about the logical basis of the National Bitcoin Reserve compared to traditional strategic reserves such as oil or medical supplies. Bitcoin compared property, as it necessitated a historical analogy: “We bought 75 % of this nation with about $ 40 million (…) We bought Louisiana. We bought California. We bought Texas. (…) He wants to move from the material world to the digital world.
For those who are interested in the basic ethics of Bitcoin as a central origin without government participation, Sailor insisted that the official adoption does not need to be contradictory to the original design of the encrypted currency. “Satoshi gave us a process, a protocol for prosperity. This is what we call Bitcoin.” While the first adopters may have preferred the minimum organization, Silor believes that the “states interested in economic empowerment and prosperity” will inevitably follow individuals and companies in the digital field.
At the time of the press, BTC was traded at $ 91,725.
Distinctive image from YouTube, Chart from TradingView.com
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