Michael Saylor: Middle East as Bitcoin Hub, U.S. Leading Shift
Update: 2025-12-09
Description
Michael Saylor, Executive Chairman of Strategy, proposes the Middle East as the Switzerland of the twenty-first century by embracing bitcoin-backed banking and digital money. He outlines a two hundred trillion dollar opportunity for the region, urging banks to hold bitcoin, offer loans backed by it, and launch digital money products. Saylor suggests three key ideas: sovereign wealth funds investing in bitcoin, building banks to custody bitcoin and extend credit, and creating digital money accounts backed by bitcoin credit instruments. He believes this approach will attract significant capital flows, with near-unanimous support from U.S. government officials and major banks. Saylor envisions a new financial system built on digital capital creating digital credit, fundamentally transforming global capital and credit operations.
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