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Michael Saylor Calls U.S. Bitcoin Strategic Reserve Proposal The Next Louisiana Purchase? 🚀
How a Strategic Reserve Can Ensures America's Prosperity
Hunter Hodge
August 07, 2024 • Read Time: 6 minutes
In what might be described as a modern-day equivalent of the Louisiana Purchase, Michael Saylor says the U.S. establishing a "strategic reserve" of Bitcoin (as promoted by Senator Lummis and Presidential Candidate Trump) would be game changing for U.S. prosperity and solve the debt problem.
Comparing BTC to precious digital real estate, Saylor champions this ambitious move as pivotal for America's future economic supremacy.
His unwavering bullish stance includes a forecast of Bitcoin hitting $13 million per coin by 2045, making waves in a volatile market environment. Let's dive in!
Saylor claims buying Bitcoin as a strategic reserve is akin to the Louisiana Purchase for the US. — Read More
Bitcoin holds close to $57,000 as 9.8 million addresses remain at a loss, market fears ease. — Read More
Bitcoin whales have accrued $23 billion in BTC over the past 30 days while retail panic-sold and markets plunged. — Read More
Bitcoin jumps 13% with US market aid and record Coinbase trading volumes. — Read More
Simple Proof uses the Bitcoin blockchain to ensure the authenticity of public records, especially government documents. — Read More
It currently takes 1,880 hrs (47 weeks) of work to buy 1 bitcoin. x.com/i/web/status/1…
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The Banana Zone slipping on $/Yen... It wont be fatal but we are going to have some bruises. Remember we get -35% drawdowns several times in a bull market and the occasional -50%.
The one thing we do know is that Moar Cowbell (liquidity) magically heals all wounds.
Stay safe.
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