Michael Sailor, the founder of the strategy (formerly Microstrategy), said that the strategic Bitcoin reserve will put the United States as a leader in cyberspace.
In an interview with Fox News, Silor argued that Bitcoin is a safe way for savings for individuals, companies and governments.
Bitcoin will take the United States to cyber space
Silor, whose company has approximately 2.4 % of the total bitcoin supply, comparison The cryptocurrency of digital lands, urged the US government to act quickly and secure its share before foreign competitors do.
He also explained that the establishment of Bitcoin strategic reserves is no less than storing the original and more about obtaining a leadership position in the digital economy.
He said: “In fact, you control the cultivation of science in the electronic space because the digital economy will benefit from bitcoin.”
Treating fears that the government’s adoption contradicts the original Bitcoin vision as a decentralized origin, Silor argued that its protocol is designed for global adoption, empowering individuals, companies and even nation -states.
He said that any country seeking economic stability and financial sovereignty will eventually see Bitcoin as a strategic origin.
If you give the opportunity to advise political makers, the founder says that he will pay in favor of clear regulations on digital assets, while emphasizing the need to distinguish between digital goods such as bitcoin, digital currencies and digital securities.
With a well -specific framework, the accurate and transparent accumulation supports the leading cryptocurrency to enhance the country’s financial strength.
Altcoin inserted into the encryption reserve
On Sunday, President Donald Trump surprised many by announcing that Altcoins such as ETHEREUM (ETHEUM), Ripple (XRP), Sol (Solana) and Cardano (Ada) will be considered an American national encoding reserve.
With the recognition of the role of Stablecoins and the distinctive securities in the financial markets, Silor confirms that bitcoin is only qualified as a backup asset.
He said: “The important thing that must be taken into account is that bitcoin is the founding foundation agreed upon globally in the entire encryption economy because it is the origin without one of the sources.”
His position is in line with his other leadership, including Coinbase Brian Armstrong, which is seen by Bitcoin as a long -term digital asset reserve.
Tyler Winkelvos, co -founder of Gemini as well to reject Altcoins insert, on the pretext that only bitcoin is suitable for the initiative. Meanwhile, Peter Chef supports an American encryption reserve but expressed XRP opposition and other altcoins as part of the plan.
Trump is expected to reveal the Bitcoin reserve strategy at the Crypto summit at the White House on March 7, where more details can be revealed about the initiative and asset formation structure.
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