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Michael Saylor spoke at a conference and said the U.S. government should buy 20% of all Bitcoin. He thinks this would make the U.S. the leader in the digital world. He believes Bitcoin is the key to owning the future and that the U.S. could pull this off in a year because people in the government are starting to like Bitcoin more.

Saylor says if the U.S. owns 4 to 6 million Bitcoins, it could make $50 trillion to $80 trillion, which could help pay off the country’s debt. Right now, the U.S. already has 198,109 Bitcoins, worth over $19 billion, making it the biggest government owner of Bitcoin.

GAME THEORY - reason I believe he is buying as much as he can as fast as he can

 

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Russ T

Oh BTC... F'ckin hell... This is just so manipulated... I guess this crash I'm seeing is more 50x clowns getting liquidated by market makers and Binance...

Sol Hodlman

That explains the call option action on MSTR. They need to really work on their insider trading game.