PANews reported on December 8 that according to CoinGape, MicroStrategy founder Michael Saylor participated in the discussion on the strategic reserve of Bitcoin and said that the United States could sell all the gold in its reserves to buy Bitcoin, which could help the US government control the global reserve status and capital network. He hinted that his own suggestion is that the US government should buy at least 20% to 25% of the Bitcoin currently in circulation. He believes that if the US government takes this step, the value of gold will fall sharply and prompt other economies to sell assets to buy Bitcoin. He believes that in this way, capital will flow back to the United States after gold is demonized.