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Michael Saylor suggests that countries establish a banking system based on Bitcoin 👀
At the Bitcoin MENA conference in Abu Dhabi, Saylor announced that countries can launch regulated, high-yield digital accounts using:
- Ultra-secure Bitcoin reserves
- Premium credit instruments
Let me explain his model 👇
➤ Premium credit instruments with yield can make up ... 80% of the structure
➤ 20% fiat currency to maintain liquidity
➤ An additional 10% ... extra reserve to reduce volatility and stabilize the price
Saylor is confident that any country applying such a model will be able to attract $20-50 trillion, as the global traditional credit market is estimated to be $200 trillion and needs more profitable digital alternatives
What do you think of his model? $BTC