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Michael Saylor Releases Digital Asset Framework to Guide President Trump

Michael Saylor Releases Digital Asset Framework to Guide President Trump

Dec 20, 2024
Bitcoin

Michael Saylor Releases Digital Asset Framework to Guide President Trump

Michael Saylor, chairman of MicroStrategy, has released a comprehensive framework aimed at shaping U.S. digital asset policy under the incoming administration. The proposal outlines a strategic approach to integrating digital assets into the financial system, emphasizing transparency, decentralization, and financial innovation.

Saylor described the framework as a plan to “strengthen the U.S. dollar, neutralize the national debt, and position America as the global leader in the 21st-century digital economy.”

Key Proposals

  1. Strategic Bitcoin Reserve:
    Saylor suggests establishing a U.S. Bitcoin reserve that could generate $16–81 trillion in wealth, offset the national debt, and fortify the Treasury’s financial strength.
  2. Digital Asset Categories:
    The framework categorizes digital assets into six groups, including digital commodities like Bitcoin, digital securities, and asset-backed tokens tied to physical commodities.
  3. Regulatory Innovation:
    Saylor proposes a streamlined regulatory framework, allowing exchanges to handle compliance while capping costs to 1% of assets under management. He advocates for a global, real-time system for creating, trading, and owning digital assets.
  4. Capital Market Expansion:
    The plan forecasts digital capital markets growing from $2 trillion to $280 trillion and digital assets reaching $590 trillion in value, with the U.S. leading this transformation.

Saylor’s framework aligns with the incoming administration’s pro-Bitcoin agenda. President-elect Donald Trump’s team is reportedly considering a strategic Bitcoin reserve modeled after the national oil reserve. Additionally, Trump’s appointments—such as pro-Bitcoin ex-SEC commissioner Paul Atkins and AI and cryptocurrency czar David Sacks—signal a significant shift in federal crypto policy.

Saylor has also offered to advise the administration directly, further fueling speculation about a formal crypto advisory council.

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