Original author: Helene Braun
原文标题：Strategic Bitcoin Reserve Has Precedent in Other Big U.S. Government Purchases: Michael Saylor
Original source: Coindesk
Compiled by: Koala, Mars Finance
“The Trump administration understands that, and I think Senator Loomis understands that ... that’s why this is happening,” Saylor said Thursday during a speech at an event in Miami.
Michael Saylor at the Bitcoin 2024 conference in Nashville, Tennessee (CoinDesk/Danny Nelson)
Michael Saylor believes that the U.S. government should and will establish a strategic reserve of Bitcoin.
He said if the bill introduced by Sen. Cynthia Lummis (R-Wyo.) becomes law, it would be the “greatest deal of the 21st century.”
Saylor noted that the idea of a strategic stockpile is not new — governments have undertaken many such initiatives in the past.
Although the idea that the United States should build a Bitcoin (BTC) reserve is currently just an idea and not a concrete plan, Michael Saylor believes that the proposal should — and will — come to fruition.
In July, then-presidential candidate Donald Trump assured a crowd of cryptocurrency enthusiasts at the Bitcoin 2024 conference that he would keep the roughly 200,000 bitcoins currently held by the U.S. government.
Soon after, Sen. Cynthia Loomis (R-Wyo.) went a step further, introducing a bill that would increase the country’s existing Bitcoin holdings until it reaches 1 million, purchased over a five-year period.
This will be the greatest deal of the 21st century, Saylor said during a speech at the Cantor Cryptocurrency, Digital Assets and AI Infrastructure Conference in Miami on Thursday.
“The best way to protect the dollar is to make sure that debts are paid and get rich,” said the executive chairman of MicroStrategy (MSTR). “The next best way to protect the dollar is to make sure that if anyone were to think about another capital asset other than Treasuries, you own it,” he said. Saylor believes that asset is Bitcoin.
Saylor reminded that the idea of the U.S. buying strategic assets is not new, pointing to the 19th century acquisition of Manhattan, the Louisiana Purchase and the purchases of California and Alaska. All of which, he said, generated trillions of dollars in returns for the county. Saylor noted that the U.S. has made several other strategic purchases throughout history, such as gold, oil, grain and helium.
Saylor: “It’s been done before, and it’s a very simple idea: figure out where the value is, and then go buy it low and hold on. You’re a country, and that’s what countries do. … Bitcoin is America’s Manifest Destiny. I think the Trump administration understands that, I think Senator Lummis understands that … That’s why this is happening.”
Saylor said that if Senator Lummis’ bill passes as drafted — and now that Republicans will have majorities in both the Senate and the House next year, it’s more likely to pass — the U.S. could reap $1.6 trillion from buying one million bitcoins.
Saylor also described a “Trump Max” scenario where the country buys 4 million bitcoins. Saylor said this could result in a return of $81 trillion.
Trump’s greatest strength, Saylor concluded, is “the way of reason.”
