{"id":141607,"date":"2024-11-07T12:30:32","date_gmt":"2024-11-07T10:30:32","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141607"},"modified":"2024-11-07T02:19:22","modified_gmt":"2024-11-07T00:19:22","slug":"michael-saylor-supports-u-s-proposal-for-strategic-bitcoin-reserve","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/michael-saylor-supports-u-s-proposal-for-strategic-bitcoin-reserve\/","title":{"rendered":"Michael Saylor Supports U.S. Proposal for Strategic Bitcoin Reserve"},"content":{"rendered":"<p>The proposal, first introduced by U.S. Senator Cynthia Lummis in July, aims to strengthen the country\u2019s financial position by accumulating <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>as a store of value.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The United States needs a Strategic <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Bitcoin<\/a> Reserve. <a href=\"https:\/\/t.co\/ZKy3WMbuaz\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/ZKy3WMbuaz<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1854225177501934050?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">November 6, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Under this plan, the U.S. government would gradually purchase 1 million Bitcoins over five years, acquiring around 200,000 coins annually. This would make up about 5% of Bitcoin\u2019s total supply, and purchases would be carried out in a way that minimizes market disruption.<\/p>\n<p>The Bitcoin would be stored in secure vaults, with the coins locked for at least 20 years, ensuring they wouldn\u2019t be sold for decades. A key feature of the proposal is transparency, with quarterly public reports to be published by the U.S. Department of the Treasury.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/cryptoquant-ceo-issues-warning-to-investors-amid-bitcoin-surge\/\" title=\"CryptoQuant CEO Issues Warning to Investors Amid Bitcoin Surge\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/pexels-bitcoin-5164786_1280-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">CryptoQuant CEO Issues Warning to Investors Amid Bitcoin Surge<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>While advocates see this move as a way to enhance the nation\u2019s economic stability, critics argue that Bitcoin doesn\u2019t hold the same strategic importance as other assets like oil. Some believe that encouraging Bitcoin adoption shouldn\u2019t be viewed as a national security priority for the U.S.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Saylor, co-founder of MicroStrategy, recently voiced his support for the establishment of a strategic Bitcoin reserve.<\/p>\n","protected":false},"author":9,"featured_media":32054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-141607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Michael Saylor Supports U.S. Proposal for Strategic Bitcoin Reserve<\/title>\n<meta name=\"description\" content=\"Michael Saylor, co-founder of 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