Saylor Slips Plan to Take U.S. Digital Assets from $1 Trillion to $590 Trillion
MicroStrategy founder and Bitcoin advocate proposes a digital asset policy that could strengthen the dollar, reduce the national debt, and make the United States a leader in the global digital economy that empowers businesses, drives growth, and creates trillions of dollars value.
Saylor advocates for a clear framework to regulate digital assets in the United States, which he proposes to be divided into digital commodities (such as Bitcoin), digital securities (such as stocks), digital currencies (such as stablecoins), digital tokens (such as utilities) ), NFTs (such as unique digital assets) and digital ABTs (backed by physical assets). Additionally, he called for a system that establishes clear rights and responsibilities for issuers, exchanges and owners to ensure confidence and legitimacy in the market.
He explained the opportunity for the United States to lead the digital economy by implementing strategic digital asset policies. This could strengthen the U.S. dollar, help manage the national debt, and make the country a global leader in digital assets.
Thaler wrote with his Create trillions of value.”
The Bitcoin bull market proposes to expand the digital currency market from $25 billion to $10 trillion, expand the global digital capital market from $2 trillion to $280 trillion, and increase the value of digital assets from $1 trillion to $590 trillion dollar, and the United States dominates these areas. Additionally, he proposed establishing a Bitcoin reserve to create $16-81 trillion in wealth, support the U.S. Treasury and reduce the national debt.
The United States can lead the global digital economy by establishing a clear taxonomy, a legal rights-based framework, and practical compliance obligations. A capital markets renaissance driven by digital assets will unlock trillions in wealth, empower millions of businesses, and solidify the U.S. dollar as the foundation of the 21st century digital financial system. “