In a speech at the Bitcoin Policy Institute on March 11, Michael Saylor called Bitcoin a potential world “superpower.”
In response to recent developments, Saylor pointed out that President Trump has recently recognized Bitcoin as a “truly decentralized cryptocurrency.” That’s why it is a strategic asset for the prosperity of the nation.
Saylor’s address has assembled Bitcoin as an essential asset, encouraging the US to secure 1-4 million Bitcoin procurement over the next decade. Declaring the digital gold rush for the next decade, he proposed a grayscale fasting auto-saving mechanism to secure American property.
He cited the Bitcoin Act introduced by Senator Cynthia Ramis as a concise and disciplined template to get there.
Global Capital has moved to digital networks, added Saylor, who sees Bitcoin as an integral unit of the economy of the future. He said he believes that adopting Bitcoin will solidify the US dollar’s advantage internationally, and that leaving Bitcoin on the table will help other countries seize a once-in-a-lifetime opportunity to leave America in the dust.
“We accept Bitcoin and attract foreign capital,” Saylor said, “We have moved from the physical and financial assets of the 20th century to the digital realm, especially the Bitcoin network, and now the unit of digital energy is satoshi and digital power is measured in exahash, so by employing elderly people over the 21st century, the unit of digital energy is measured in satoshi. It is valid, but today it is no longer applied.
Comparing the present moment with historical definition projects such as the Manhattan Project, Saylor described Bitcoin as “digital energy” driving the next era of the economy.
“Today, Bitcoin represents a digital capital network and controls 99% of the electricity within the cryptocurrency ecosystem. The US government recognizes Bitcoin as only legal digital capital. To ensure the future of cyberspace and maintain global financial control, the US must adopt Bitcoin strategically. It is essential that the US keeps a significant reserves of both,” he mentioned Mailer.
In it, he surrounded the decision in harsh words. “The choice is either prosperity or poverty, and we see Bitcoin as the financial superpower that will become America’s future.”