thecryptobasic.com
Bitcoin maxi and El Salvador’s Bitcoin Advisor Max Keiser has raised his target for BTC by tenfold following MicroStrategy co-founder Michael Saylor’s gold rug pull strategy.
Saylor’s artistic portrayal of Bitcoin has been the evangelist’s mandate since MicroStrategy adopted the asset in 2020. The chairman has unapologetically spread the Bitcoin gospel, leading MicroStrategy’s new “Bitcoin bank” endgame.
Meanwhile, Saylor’s recent description of how the United States can alter the BRICS’s attempt to demean its economy has caught the attention of Bitcoin maximalist Max Keiser.
The advisor to Nayib Bukele, El Salvador’s pro-Bitcoin president, raised his Bitcoin price prediction from $200,000 to $2.2 million in a Sunday tweet, citing Saylor’s grand gold rug pull masterclass.
Saylor Proposes Strategy to Defend BRICS Attack
In an interview with Yahoo Finance, Saylor inferred that the United States could use Bitcoin to stop BRICS’s dollar harassment. He stated that a massive adoption of Bitcoin as a reserve asset would hedge against the attack on the US economy.
The MicroStrategy chairman advised the US government to acquire 20% to 25% of Bitcoin’s circulating cap and store it as a global reserve asset. He argued that the move would steer a global Bitcoin buying spree, boosting the asset’s value and, consequently, the US economy.
Furthermore, Saylor also teased a “great twist” on the strategy, which involves the US selling all its gold reserves to stack Bitcoin. The chairman insisted the ploy would demonetize the entire gold asset class, affecting the US enemies, who hold a substantial amount of the precious metal.
Notably, this plot would ensure that gold’s $20 billion market cap would shift to Bitcoin, rug-pulling holders of the asset class. Saylor noted that the twist will see the US control over $100 trillion in assets and the world’s reserve currency network.
Keiser Says Strategy is Feasible
Meanwhile, the Bitcoin maxi insisted that Saylor’s gold rug pull strategy is largely feasible. He stated that the potential $20 billion market cap diversion from gold to Bitcoin has a “very high probability of success.”
Keiser implied that Saylor just revealed MicroStrategy’s incessant fixed-income market exploration endgame. He stated that the software firm has been raising funds from the $200 trillion sector to rug-pull gold, speculating that it would come to fruition.
On this basis, Keiser raised his Bitcoin projection tenfold from $220,000 to $2.2 million. Notably, the price call still falls below Saylor’s $13 million Bitcoin prediction.
Meanwhile, a surge to $2.2 million from the current market price of $98,680 would entail a 2,129% upsurge. Bitcoin’s market cap would also hit $43.5 trillion, surpassing gold’s current valuation by a mile.