Michael Saylor Calls for Bitcoin Reserve
Michael Saylor, founder of Strategy (formerly MicroStrategy), has called for the creation of a strategic reserve of Bitcoin to strengthen the United States’ leadership in the digital economy.
In an interview with Fox News, he stressed that Bitcoin represents a safe means of saving for individuals, companies, and governments, likening it to a digital land that the US government must secure its share of before international competitors overtake it.
Saylor pointed out that the reserve is not only about storing Bitcoin, but also about establishing the United States’ position as a global digital power.
He believed that any country seeking economic stability and financial sovereignty will realize the importance of Bitcoin as a strategic asset.
He also stressed the need to establish clear regulations that distinguish between digital commodities such as Bitcoin, digital currencies, and digital securities, to ensure the transparent accumulation of this asset.
Alternative currencies in the US reserve:
President Donald Trump surprised the financial community by announcing that he is considering including alternative currencies such as Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA) in the US cryptocurrency reserve.
Saylor, on the other hand, stressed that only Bitcoin qualifies as a reserve asset, as it is not linked to any central issuer.
This view is shared by prominent leaders in the sector, such as the CEO of Coinbase and the founder of the Gemini trading platform, who support a reserve based solely on Bitcoin.
While Peter Schiff supported the general idea of the reserve, he rejected the inclusion of XRP and alternative digital currencies in this reserve.
Trump is expected to announce details of the Bitcoin reserve strategy during the White House Crypto Summit today, March 7, where more information will be revealed about the structure of the initiative and the composition of the digital assets of this reserve.