Michael Saylor copies Grayscale, tells US to crash gold for BTC
During a recent appearance on a Yahoo! Finance podcast, Michael Saylor called for investors to dump gold and buy bitcoin (BTC). This time, he escalated his plea to treasury secretaries and central bankers. He jeered at the owners of the gold in large banks, including sovereign treasury funds and central banks, for failing to adopt BTC as the “world’s reserve capital network.” He also suggested the US should somehow dump its gold, purposefully crashing its price, and then use the proceeds to acquire approximately 5 million BTC. On $BTC 100K Day, my discussion with @JulesHyman covered advice to @stoolpresidente, cyber-manhattan, the need for a digital assets framework, the emergence of #Bitcoin as the world reserve capital network, and the logic of a US Strategic #Bitcoin Reserve. pic.twitter.com/XG9uChRap8 — Michael Saylor️ (@saylor) December 6, 2024 With incredible clarity, Saylor advised the incoming US administration to “buy 20-25% of the BTC network on behalf of ...