How Bitcoin Reserve Will Cut US National Debt by $16 Trillion? Michael Saylor Explains

MicroStrategy chairman Michael Saylor has once again stressed the importance of the US having a strategic Bitcoin Reserve.

MicroStrategy chairman Michael Saylor has once again highlighted the potential benefits of the US government establishing a strategic Bitcoin reserve. In a recent interview with CNBC, Saylor explained how accumulating one million Bitcoins over the next five years could help reduce the national debt by an impressive $16 trillion.

Here's a summary of the key points discussed in the interview:

* Saylor emphasized the importance of the US government having a strategic Bitcoin reserve, especially given the current economic climate and the rising national debt.

* He explained that if the government were to accumulate one million Bitcoins over the next five years, it would help reduce the national debt by $16 trillion, which is over 45% of the existing debt.

* Saylor highlighted that this move would be highly beneficial for the country and its citizens, as it would significantly improve the government's financial position and reduce the burden of debt.

* He also discussed the recent Red wave in the US elections and how a victory for Donald Trump would positively impact the crypto market.

* Furthermore, Saylor mentioned MicroStrategy's plans to raise $42 billion to buy additional Bitcoins, which would increase the company's total Bitcoin holdings to 480,000.

Overall, the interview focused on the potential advantages of a US government strategic Bitcoin reserve and how it could benefit the country's financial health.

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