Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), made bold claims at Friday’s White House crypto summit, suggesting that pro-crypto policies and leadership could supercharge the U.S. economy by up to $100 trillion over the next decade.
Saylor detailed how digital securities alone could inject $20 trillion into the U.S. stock market, while digital currencies could bolster U.S. Treasuries by another $10 trillion. He also projected that U.S. long-term capital assets could experience a $20 trillion surge.
One of Saylor’s most striking recommendations was for the U.S. government to acquire up to 25% of Bitcoin. He argued that such an investment could significantly alleviate the national debt, potentially generating up to $81 trillion for the U.S. Treasury by 2045 if held as a strategic reserve.
As a staunch Bitcoin advocate, Saylor emphasized the importance of recognizing the digital asset industry as a legitimate sector that deserves fair treatment from government agencies, insurance firms, and banks. Speaking in Washington, D.C., he urged lawmakers to eliminate what he described as “hostile and unfair tax policies” and to put an end to debanking practices targeting crypto industry participants.
“The government should support major banks in custodying, trading, and financing Bitcoin assets,” Saylor stated. “Debanking of crypto industry participants should not be tolerated.”
Additionally, he called for regulatory clarity and the removal of barriers stifling industry growth. “Issuers must have the right to create and issue assets without requiring prior approval from regulators,” he asserted.
However, Saylor acknowledged the necessity of compliance, given the prevalence of illicit activities within the crypto sector. “All market participants must adhere to fair disclosure, ethical behavior, and a commitment to avoiding conflicts of interest,” he said, stressing that fraud must not be tolerated and that offenders should be held civilly and criminally accountable.
According to Chainalysis, crypto-related crime has grown into a $51 billion annual industry, underscoring the need for increased accountability and oversight.
Saylor’s firm, Strategy, remains the largest corporate holder of Bitcoin. As of this writing, the company owns 499,096 BTC at an average acquisition price of $66,357 per Bitcoin.
Previously, Saylor predicted Bitcoin would achieve a market cap of $200 trillion. “Right now, Bitcoin is around $2 trillion. It’s going to $20 trillion, then $200 trillion, and then growing 20% a year,” he told CNBC. “That capital will flow from overseas—China, Russia, Europe, Africa, Asia—from the 20th century into the 21st century.”
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