Michael Saylor argues that allowing banks to custody and extend credit against Bitcoin could create demand equivalent to 10 years of new BTC supply.
Regulation & Gov ·
Michael Saylor stated in an October 2 interview that permitting banks to custody Bitcoin and extend credit against it could generate demand equivalent to 10 years of new Bitcoin supply, estimating the impact at $100 billion. Saylor argued that enabling banks and insurers to handle digital assets without restrictive rules is necessary for Bitcoin to function as a digital commodity and for the U.S. to maintain financial competitiveness through deeper integration of digital capital into banking and insurance systems.