Michael Saylor’s Bold Plan to Cut US National Debt by $16 Trillion with Bitcoin

Quick Summary:

But MicroStrategy CEO Michael Saylor thinks it’s possible.

He believes that if the U.S.buys one million Bitcoins in the next five years, it could reduce the national debt by more than 45%!

He predicts that if the U.S.were to purchase four million Bitcoins, it could generate a staggering $81 trillion in returns.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United States

Topics: Debt Idea Crypto Gold Trillion Bitcoins Strategic Bitcoin Million Saylor Believes

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 07:04:29 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 430 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23599822

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Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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