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On March 11, in a speech at The Bitcoin Policy Institute, Michael Saylor called Bitcoin a potential world "superpower".
In response to recent developments, Saylor pointed out that President Trump recently recognized that Bitcoin is the “only truly decentralized cryptocurrency”, which is why it's a strategic asset for national prosperity.
Saylor's address framed Bitcoin as an essential asset and encouraged the United States to ensure the procurement of between one and four million Bitcoins over the next decade. Declaring the coming decade a digital gold rush, he proposed a greyscale fasting auto-save mechanism to secure the fortune of America.
He cited the proposed Bitcoin Act introduced by Senator Cynthia Lummis as a concise and disciplined template for getting there.
Global capital is migrating to digital networks, added Saylor, who sees Bitcoin as the indispensable unit of the future economy. He said he believed that adopting Bitcoin could solidify U.S. dollar supremacy internationally and that leaving Bitcoin on the table would allow other countries to seize a once-in-a-lifetime opportunity that would leave America in the dust.
Comparing the current moment to history-defining projects such as the Manhattan Project, Saylor explained that Bitcoin was “digital energy" that would drive the next era of the economy. The existential choice America must make is plain: ensure Bitcoin as a core financial substrate or risk other nations taking it and the world's riches for themselves, he asserted.
Chiefly among them, he framed the decision in stark terms, "The choice is either prosperity or poverty and sees Bitcoin as the financial superpower that will America's future.
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