Could Bitcoin Make America $81 Trillion Richer? MicroStrategy’s Michael Saylor Thinks So!
Michael Saylor, chairman of MicroStrategy, shared a bold idea: The United States could earn $81 trillion by using Bitcoin as a strategic reserve. Thaler believes that this move could make the United States a leader in the global digital economy. Perhaps his idea has been met with criticism, with some saying it could weaken the dollar and harm the economy.
The U.S. could unlock $81 trillion with Bitcoin
According to Michael Thaler, Adopting Bitcoin reserves will Allowing the United States to capitalize on the scarcity and growing global value of cryptocurrencies. He believes that strategic Bitcoin policy can strengthen the U.S. dollar, reduce the national debt, and boost the economy by creating trillions of dollars in value.
Saylor also outlined a scenario in which the global digital capital market could expand from $2 trillion to $280 trillion, with the United States accounting for a significant share of this growth.
He also predicted that Bitcoin reserves could bring $16 trillion to $81 trillion in revenue to the U.S. Treasury, bringing huge opportunities to U.S. businesses. Some even believe that if this vision becomes a reality, the price of Bitcoin could surge to $500,000.
Peter Schiff slams Salier proposal
While Thaler’s vision has its supporters, it also faces strong criticism. According to economist and long-time Bitcoin critic Peter Schiff The proposal “is complete nonsense,“Claims it will harm the U.S. economy.
Schiff believes that adopting Bitcoin as a national reserve would weaken the dollar, increase national debt, and destabilize the economy. “This will disempower businesses, slow growth and destroy value.”
Despite this, Schiff has always believed that Bitcoin is too risky and unstable to be a reliable financial asset. Instead, he supports gold, which he considers a safer investment.
Bitcoin’s role in the future
Thaler’s bold proposal adds to ongoing discussions about Bitcoin’s place in the national economy. although El Salvador and other countries Despite the acceptance of Bitcoin, it remains a controversial idea for larger economies such as the United States
