Max Keiser, a Bitcoin advocate and advisor to El Salvador’s pro-Bitcoin president, has increased his price target for Bitcoin from $200,000 to $2.2 million. He cited MicroStrategy co-founder Michael Saylor’s strategy of promoting Bitcoin as a reserve asset and suggested that the US government acquire a significant portion of Bitcoin's circulating supply to boost the value of the asset and the US economy. Saylor also proposed selling the US gold reserves to buy Bitcoin, effectively demonetizing gold and diverting its market cap to Bitcoin. Keiser believes this strategy has a high probability of success and raised his price target accordingly.



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