Michael Saylor: First Nation to Print Its Own Currency to Buy Bitcoin Will Win the Race

Abiola
3 Min Read

In a bold statement that has ignited fresh debate across financial and crypto circles, MicroStrategy Executive Chairman and Bitcoin evangelist Michael Saylor has proclaimed: “The first nation to print their own currency to buy Bitcoin wins.”

Saylor’s remark isn’t just provocative — it reflects a growing belief that sovereign nations will soon compete to accumulate Bitcoin as a strategic reserve asset, much like gold.

In a world grappling with rising inflation, sovereign debt crises, and de-dollarization trends, Bitcoin is increasingly being viewed not just as a speculative investment, but as a hedge, a treasury tool, and even a geopolitical weapon.

Saylor’s vision hinges on a controversial but compelling idea: countries that proactively adopt Bitcoin — even to the extent of monetizing their currency to acquire it — could gain a first-mover advantage in a rapidly digitizing global economy.

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Some argue this could turbocharge a nation’s financial resilience, especially those facing unstable fiat systems or locked out of international capital markets. Others see it as a high-risk move that could further destabilize economies already vulnerable to inflation and currency devaluation.

El Salvador made headlines in 2021 as the first country to adopt Bitcoin as legal tender. While the move received mixed reactions globally, it has sparked serious discussions among other emerging economies — particularly those with limited access to US dollars or suffering from persistent inflation.

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If a nation were to intentionally print fiat to buy and hold Bitcoin as a reserve asset, it would represent a radical departure from traditional monetary policy — and possibly usher in a new economic era.

Saylor’s comment underscores the idea that Bitcoin could become the digital gold standard for the 21st century. In this framework, early adopters could strengthen their balance sheets, reduce dependency on traditional reserve currencies, and position themselves ahead of what some believe will be a global financial shift.


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