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An attack on gold - will the US government dump its gold in favor of Bitcoin?
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There’s a video out there, in which Michael Saylor proposes that the US dumps its gold, and buys Bitcoin instead. As a response, many people have called him insane. After all, gold has been a valuable asset for thousands of years, and in comparison, Bitcoin is a relatively new phenomenon. By switching from gold to bitcoin, the US government will be taking on a huge risk. What if for some reason Bitcoin fails? In that case, the US will be left with nothing. But I don’t think that Michael Saylor is crazy. As a matter of fact, I’m starting to think that he’s a genius, at least in the way that he’s playing these markets, taking advantage of their weaknesses. Let me explain to you what he’s really after, and how this move can potentially turn him into one of the most powerful people on earth. Let me also show you how his plan can backfire, accidentally making Silver the most valuable substance in existence.
Please check me out on X: https://x.com/thesilverhermit
Here is the full interview which I discuss on the video:
https://youtu.be/JHIy_V6xtQk?si=MeQIiuK7A3cGp1bu
Music: Michael Kobrin - The Introvert
https://www.youtube.com/watch?v=UufcCic_lQQ&t=0s
#bitcoin #gold #michaelsaylor #microstrategy #crypto #money #economics #finance #investment #usgovernment #federalreserve #wealth #bitcoinnews #silver #silverstacking #silversqueeze
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