MicroStrategy Founder: Bitcoin can help solve half of the world's economic problems

MicroStrategy founder Michael Saylor stated in his speech at the Nashville Bitcoin 2024 Conference that Bitcoin can help solve half of the world's economic problems, especially for those countries facing challenges with rising national debt. He encourages individuals, businesses and nations to adopt Bitcoin as a primary financial asset and use it for long-term capital preservation.

Michael Saylor advocates reallocating treasury reserves from gold and bonds to Bitcoin, issuing currency and bonds to purchase Bitcoin, and formulating favorable laws to encourage people to own Bitcoin. He believes that the first country fully accepting Bitcoin will gain significant economic advantages.