Michael Sayler, executive chairman of the strategy, told CNBC that the market capitalization of bitcoin is on track to reach $ 20 trillion – and eventually $ 200 trillions.
Silar Argued The US should acquire bitcoin (BTC) as part of a strategic crypto reserve, called the “largest economic program of the 21st century”.
A long -time bitcoin advocate Saylor has been associated with policy makers of both political parties, including members of the Trump administration.
In the interview, he deployed bitcoin as an asset class that does not compete with the US dollar, but is with global equity and real estate.
“Right now, we are about $ 2 trillions in bitcoin. It is going to $ 20 trillion, then it is going to $ 200 trillion, then it is growing 20% in a year, ”he said.
He further suggested that if the US acquired a 10–20% of the bitcoin network, it could result in payment of national debt, he said.
Bitcoin volatility
Asked about the instability of bitcoin, solar dismisses concerns by drawing similarities for historic American land acquisition.
“We bought Manhattan for 60 guilders. It was a good business. We bought Alaska for $ 6 million. It was a good business. We paid $ 40 million for 75% of this country. This is a good business, ”he said.
Saylor emphasized decentralization of bitcoin as a major benefit, given that it is a digital commodity without issuer or centralized control.
He also highlighted his historical performance, “It is the best performing property in the last 15 years, and usually the best performing property every year.”
