Saylor urged the US government to sell its gold and buy Bitcoin.
According to U-Today on the 8th (local time), in a recent interview with Yahoo Finance, Saylor said, "Drop off gold. Sell all the gold in the U.S. and buy Bitcoin."
If we do that, the entire gold asset class will lose its monetary function. Our enemies have gold, but their assets will go to zero and ours will be worth $100 trillion.
He has previously described gold as "an outdated store of value that peaked in the 19th century."
Saylor joined Nomad Capital in April 2021.
In an interview with the Capitalist, he said, "Money doesn't work. The reason is that it can be corrupted, it can be confiscated, it can be collateralized, it can be lied about."
"Because it's possible," he said. "Try moving $100 million or $10 million worth of gold through an airport when you're trying to change jurisdiction. Money doesn't work."
2024/12/09 16:58 KST
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