Michael Saylor, co-founder of MicroStrategy, has called on the U.S. government to sell its gold reserves and replace them with Bitcoin to address inflation and ensure long-term financial stability.
Saylor argued that Bitcoin is a more suitable asset for the future of the global economy. He believes its value could surpass trillions of dollars as a strategic reserve for nations. According to Saylor, Bitcoin's market capitalization could reach $280 trillion, far exceeding gold's current market value of approximately $45 trillion.
Under Saylor's leadership, MicroStrategy has become a leading example of this vision. The company currently holds around 402,100 Bitcoin, valued at approximately $40 billion. This strategy highlights the billionaire's strong conviction that Bitcoin will play a central role in future financial trends as a tool to combat inflation and preserve value.
As of December 9, data from TradingEconomics shows that the United States holds approximately 8,133 metric tons of gold, accounting for about 72% of the country's total financial reserves.
Saylor's suggestion, though ambitious, underscores a growing belief among some financial leaders that Bitcoin could eventually rival or even surpass gold as a global reserve asset, potentially reshaping the way nations manage their monetary policies.