Michael Saylor throws out digital asset framework: offset US debt with BTC reserves! CryptoQuant deems it feasible but challenging

2024-12-21 11:30:24

MicroStrategy’s CEO Michael Saylor proposed a ‘digital asset framework’, advocating for the establishment of a BTC reserve to offset national debt. Regarding this issue, CryptoQuant’s founder Ki Young Ju expressed agreement, mentioning that if the US plans to purchase 1 million BTC by 2050, it could reduce national debt by 36%, though foreign creditors’ acceptance remains challenging. Saylor’s framework covers various key issues, including asset classification, legality, practicality, and vision. He believes that establishing a ‘Strategic Bitcoin Reserve’ (SBR) could be a symbolic first step towards broader acceptance of Bitcoin in the market.

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