Speaking in The Claman Countdown on the Fox Business Network channel, Seilor specified that Bitcoin is an asset without an issuer, so it is neutral. The first cryptocurrency can serve as a reliable means of preserving money not only for individuals and companies, but also for governments. Seilor described Bitcoin as “property in cyberspace”, bought for the long term.
“If you think about Bitcoin as a cyberspace, then the logic of creating a strategic reserve in BTC is not only accumulating. In fact, you set the flag in cyberspace because the digital economy will be funded by bitcoin, ”said Seilor.
He called Bitcoin a new type of property – digital land that the United States should provide for himself earlier than foreign competitors: Europeans, Africans, South American, Russians and Chinese. If the United States is inactive now, then other countries will dominate the digital financial space, the founder of Strategy warned.
Seilor does not believe that buying bitcoin by the government contradicts the original concept of bitcoin as an independent asset that cannot be controlled by anyone. The Bitcoin protocol was developed for the public adoption, expanding the rights and capabilities of individuals, enterprises and even states. Therefore, any country striving for economic stability and financial sovereignty will sooner or later accept Bitcoin as a strategic asset was concluded by Seilor.
Recently, the chairman of Strategy invited the United States to increase the purchases of bitcoin so that the state has 20% of the entire first cryptocurrency. Earlier, Seilor announced his readiness to advise President Donald Trump on Cryptopolitics.
Source: Bits
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