Saylor Urges US Bitcoin Reserve
This is a US news story, published by CoinGape, that relates primarily to Michael Saylor news.
US news
For more US news, you can click here:
more US newsMichael Saylor news
For more Michael Saylor news, you can click here:
more Michael Saylor newsemerging technologies news
For more emerging technologies news, you can click here:
more emerging technologies newsCoinGape news
For more news from CoinGape, you can click here:
more news from CoinGapeAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like emerging technologies news, you might also like this article about
strategic Bitcoin Reserve. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest US national debt news, US debt news, emerging technologies news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
own strategic Bitcoin reserveCoinGape
•How Bitcoin Reserve Will Cut US National Debt by $16 Trillion? Michael Saylor Explains
63% Informative
MicroStrategy chairman Michael Saylor has stressed the importance of the US having a strategic Bitcoin Reserve .
Saylor said accumulating one million Bitcoins over the next five years can help the government reduce the US national debt by a staggering $16 trillion i.e. over 45% of the existing debt.
He envisions an ambitious " Trump Max " scenario where the U.S. acquires four million Bitcoins , which he suggested could yield an $81 trillion return.
Senator Cynthia Lummis proposed selling the Fed ’s gold reserves partially to buy one million BTC.
VR Score
48
Informative language
38
Neutral language
17
Article tone
formal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
6
Source diversity
3
Affiliate links
no affiliate links