CEO of the Bitcoin Bond Company, Pierre Rochard, has sparked discussion by claiming that Michael Saylor Bitcoin supported firm, Strategy, is outperforming the policies of Federal Reserve Chair Jerome Powell.
In a post on X, Rochard compared the Fed’s 4.5% reserve yield with Strategy’s 10% dividend on STRC preferred stock, backed by BTC reserves. By saying outperforming he suggested the Fed to buy the asset urgently, and started a Saylor vs Powell debate.
Saylor’s Strategy continuously hoards its reserves with the golden asset, as on date it holds 636,505 BTC, making it the world’s largest corporate Btc treasury.The company’s value jumped 580% due to its BTC reserves, which Rochard describes as full bankings.
In comparison, the Fed uses a system where banks keep only a small part of people’s money and keep the rest out, but depositors get very low returns. This resulted in a fueling concept for Saylor vs Powell talks.
Despite the pressure from BTC supporters, Jerome rejected the idea for the Fed to hold digital gold coins. He mentioned the act is opposite to the current legal rules and there is no chance to alter these laws to let Bitcoin enter. The Fed is instead focusing on its upcoming September 16-17 meeting, where markets are hoping for a rate cut as inflation remains above the 2% target.
The Saylor vs Powell debate is coming over at a time when coin is facing a varied flow. The golden asset faced a major and unusual week- long dip when a whale dumped 24,000 BTC worth $2,7 billion.
The cryptocurrency has been rebounding gradually but again failing harder and is now trading at $110,433, down 0.33% in the past 24 hours.
But on the same day many big players are taking it as a chance to buy in dip, meaning a low rate gold. Organisations, entities, and even states including the USA have strong confidence in the digital asset, as it is planning the U.S. Bitcoin strategic deposits.
Rochard’s Saylor vs Powell remarks underscores the growing contradiction between traditional central banking and Bitcoin-based financial strategies. While Jerome remains firm that the Fed will not reserve Bitcoin, the political interest and growing corporate adoption hinting that this Saylor vs Powell is not a short term topic. The big question now is how long will central banks deny this surging momentum as the state itself has been designing laws for the adoption?
Bhumika Baghel is a rising crypto content writer with a deepening interest in blockchain technology and digital finance. With a keen understanding of market trends and cryptocurrency ecosystems, she breaks down intricate subjects like Bitcoin, altcoins, DeFi, and NFTs into accessible and engaging content. Bhumika blends well-researched insights with a clear, concise writing style that resonates with both newcomers and experienced crypto enthusiasts. Committed to tracking price fluctuations, new project developments, and regulatory shifts, she ensures her readers stay informed in the fast-moving world of crypto. Bhumika is a strong advocate of blockchain’s potential to drive innovation and promote financial inclusion on a global scale.