TL;DR

Michael Saylor reaffirms that Bitcoin should be the central asset in the U.S. crypto reserve, emphasizing its decentralized nature and dominant role in the digital economy.
Donald Trump initially included XRP, Solana, and Cardano in the reserve, but after criticism, he clarified that only Bitcoin and Ethereum would be part of the plan.
Saylor insists that the U.S. must act quickly to accumulate Bitcoin to maintain its financial leadership against competitors like China and Russia.

Michael Saylor, Executive Chairman of Strategy and one of Bitcoin’s most influential advocates, has reiterated his conviction that the leading cryptocurrency should be the fundamental pillar of the United States’ strategic crypto reserve. In a recent interview with Fox News, Saylor argued that Bitcoin is the only truly decentralized and globally recognized digital asset, making it the best option to support the country’s financial stability.  

“Bitcoin is the foundation of the crypto economy because it has no central issuer. It’s a neutral asset that absorbs 99% of the sector’s capital,”

Saylor stated. His stance is gaining even more relevance ahead of the White House Crypto Summit, where discussions will focus on the creation of a national crypto reserve.  

The Debate Over XRP, Solana, and Centralization  

Initially, President Donald Trump suggested that the U.S. crypto reserve would include assets like XRP, Solana, and Cardano. However, after receiving criticism from various industry leaders, he adjusted his stance and confirmed that only Bitcoin and Ethereum would be part of the plan. Saylor, however, disagrees and argues that even Ethereum should not be considered in this new project.

According to him, XRP and Solana are heavily tied to companies and foundations, raising concerns about their level of centralization and potential regulatory hurdles.

“If they want to be considered for a national reserve, they first need to prove they comply with strict regulations,”

he emphasized.  

Bitcoin as a Strategic Advantage for the U.S.  

Saylor also highlighted Bitcoin’s role as a strategic advantage for the United States. He compared its accumulation to gold reserves and warned that other global powers, such as China and Russia, are actively exploring digital assets. From his perspective, it is crucial for the U.S. to act swiftly to avoid losing economic leadership in this new financial era.  

During the Crypto Summit, Saylor plans to advocate for a strong regulatory framework before the government moves forward with any digital asset acquisitions. His central proposal remains unchanged: Bitcoin must be the primary asset of the national crypto reserve, ensuring the financial stability and strength of the United States in the digital economy.

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Filed under: News - @ March 6, 2025 3:31 pm